The second S return will be for the 2001 calendar year
A plan adopted before December 31, 2005, may be amended during 2005 to allow an employee to terminate participation or cancel a deferral election during calendar year
2005, provided the amounts involved are includable in the participant's income in the year they are earned and vested.
It was found that only about 40 percent of persons with heart disease as the underlying cause of death and only about 44 percent of persons with stroke as the underlying cause of death were hospitalized for those diseases during their last 2 calendar years
If the National Council is correct, not only will there be no further net reserve releases, but there will likely be the need to fund $6.5 billion of upward development for accident years 1997 and prior during 1998 and subsequent calendar year
* Was late in filing inventory reports for dioctylphthalate and lead compounds for calendar years
2007, 2008 and 2009.
Section 100.7300 increases the amount of time an employer must maintain copies of the combined W-2 forms from 3 years to 4 years after the 2007 calendar year
. Employers must also retain a copy of each wage and tax statement on the combined W2 form.
As previously noted, if financial-aid-eligible children currently own assets, it may be wise to plan for liquidation at least two calendar years
before their anticipated enrollment in college.
* ALL OTHER INDIVIDUALS ARE "WEALTHY" AND must file form 8854 on departure and generally annually for 10 calendar years
San Jose, with a preliminary 53 percent diversion rate for calendar year
2000, already exceeds the state-mandated requirement of 50 percent but, given the exigencies of environmental legislation and public policy, it's a sound strategy to increase the diversion rate even more.
The March/April 2001 issue of California CPA, Page 32, summarized the 2001 proposed regulations that provide simplified rules for required minimum distributions from qualified retirement plans and IRAs: "The regs are proposed to be applicable for determining RMDs for calendar years
beginning after 2001.
The most common way to calculate the survival ratio is to divide the carried case and incurred-but-not-reported reserves by the average of the previous three calendar years
Under the second safe harbor, tax avoidance will not be considered a principal purpose of a transaction where the "uneven rent test" is met.(52) This test is met if the rent allocated to each calendar year
does not vary from the average rent allocated to all calendar years
by more than 10 percent (15 percent if 90 percent or more of the property subject to the lease is real estate).(53)