2009-32 Archives - Vision Payroll

IRS Releases Rev. Rul. 2009-32 on Paid Time Off Contributions at Termination of Employment

The Internal Revenue Service (IRS) recently released Revenue Ruling 2009-32, Paid Time Off Contributions at Termination of Employment. This Revenue Ruling addressed two issues: Do the amendments described [in the ruling] to an existing qualified profit sharing plan...

Tip of the Week: Treasury Department Issues Guidance on Changes to Retirement Plans

The Treasury Department recently released the following statement by Treasury Secretary Tim Geithner: “[Recently], the Administration announced steps we are taking to make it easier for working families to save, particularly for retirement. Working Americans should be...