As more fully described in our earlier newsletter, in Revenue Procedure 2016-37 the Internal Revenue System (IRS) made significant changes in the procedures governing the issuance of favorable determination letters to the...more
In Depth - On June 29, 2016, the Internal Revenue Service (IRS) officially sounded the death knell for the five-year remedial amendment cycle with its release of Revenue Procedure 2016-37. Effective January 1, 2017,...more