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Virtual Witnessing Internal Revenue Service

A&O Shearman

IRS Indefinitely Extends Use of Electronic Signatures for Section 83(b) Elections

A&O Shearman on

On October 17, 2023, the U.S. Internal Revenue Service (IRS) updated its Internal Revenue Manual (IRM) to fully incorporate into the IRM certain e-signature policies and procedures permitting the use of electronic signatures...more

Cozen O'Connor

IRS Proposes to Permanently Allow Remote Witnessing of Spousal Consents

Cozen O'Connor on

On December 29, 2022, the IRS issued proposed regulations that would permanently allow retirement plans to accept remote participant elections and spousal consents. PROPOSED REGULATIONS STEM FROM THE COVID-19 PANDEMIC-...more

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