WASHINGTON – The Internal Revenue Service issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loans through Dec. 31, 2025. Though educational assistance programs have been available for...
Taxes
Taxpayer privacy isn’t just a right – it’s the law
Protecting taxpayer privacy is priority at the IRS. The right to privacy is one of 10 rights the Taxpayer Bill of Rights gives all taxpayers. Taxpayers have the right to expect that any IRS inquiry, examination or enforcement action will comply with the law and be no...
IRS issues important interim guidance on employer matching contributions made to retirement plans related to employee student loan payments
WASHINGTON — The Internal Revenue Service issued interim guidance for sponsors of 401(k) and similar retirement plans that provide, or wish to provide, matching contributions based on eligible student loan payments made by their participating employees. Notice...