News & Analysis as of

Sponsors Internal Revenue Service

Foodman CPAs & Advisors

Sponsoring Entities Under IRS FATCA Scrutiny

On 10/11/22, the IRS issued Notice Number 2022-05: FATCA Registrations: Sponsoring Entities with no Registered Sponsored Entities. The IRS has identified Sponsoring Entities that do not appear to have Sponsored Entities...more

Foodman CPAs & Advisors

Entidades Patrocinadoras Bajo El Escrutinio FATCA Del IRS

El 11/10/22, el IRS emitió el Noticiero Número 2022-05: Registros FATCA: Entidades Patrocinadoras sin Entidades Patrocinadas Registradas. El IRS ha identificado Entidades Patrocinadoras que no parecen tener Entidades...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Make sure you can actually sponsor that plan

It’s an odd mistake, but this is the third time I’ve had to handle it in the last 10 years: representing an employer that was sold a retirement plan that they weren’t supposed to have. Weird? You bet, but it happens and it...more

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