Congress included some important technical corrections
in the Gulf Opportunity Zone Act of 2005 (GO Zone) to update the definition of "dependent" for purposes of employer-sponsored dependent-care assistance programs, including dependent-care flexible spending arrangements (FSAs) and health savings accounts.
In addition, Glickstein notes that there are likely to be technical corrections
that could address anything from disconnects with existing law to typographical errors.
Following a keynote address by Yale Professor Michael Graetz on the prospects for a new course in tax policy, a group of current and former government officials will address legislative developments in the current Congress as well as the likelihood of additional legislation, including enactment of a technical corrections
bill, before the end of the year.
House Republican leaders failed to get a required two-thirds majority to approve the "Fed Up" bill, legislation making technical corrections
in the operation of student aid programs.
This statement also makes technical corrections
to existing pronouncements.
44, Accounting for Intangible Assets of Motor Carriers, and amend other existing authoritative pronouncements to make various technical corrections
1(e) Rules Regulating The Florida Bar being proposed by The Florida Bar Foundation represent two essential changes to the IOTA program, along with some technical corrections
and reorganization of the rule.
The act's major provisions, approximately 40% of which were based on proposals presented by AICPA representatives during seven congressional and tax commission hearings, include expansion of taxpayer protections, IRS organizational reforms and a number of technical corrections
to the 1997 tax act.
4839, the "Tax Technical Corrections
Act of 2007," which makes technical corrections
to various provisions of tax law;
US Dollar Could Resume Uptrend on Safe-Haven Demand This Week Euro Strength Dependent On Outlook For Risk And Interest Japanese Yen Could Rise Amid Technical Corrections
British Pound Will Follow The BoE Rate Decision Despite Forecasts Swiss Franc Vulnerable As SNB Pledges To Limit Gains Canadian Dollar May Reverse Gains as Recession Deepens Australian Dollar Threatened by Fading Risk Appetite, Surprise Rate Cut New Zealand Dollar To Strengthen If Risk Trends Hold
After major tax legislation is enacted there is often a technical corrections
act to fix the unintended errors or omissions in the original legislation.
IRS guidance and, possibly, technical corrections
may eventually clarify the situation.