




U.S. Master™ Employee Benefits Guide, 2011 Edition
The perfect resource for anyone involved in the area of employee benefits, this handy, authoritative book, now in its 16th edition, it addresses federal tax and employment laws that affect employee benefits communication, management, reporting and disclosure, and other compliance issues affecting nonpension benefits.
The IRS has issued an announcement providing corrections to both the August AFR (Rev. Rul. 2009-22) and the September AFR (Rev. Rul. 2009-29) which contained an inaccurate date in the Note in Table 4.
Announcement 2009-74
This document contains corrections to both the August AFR ( Rev. Rul. 2009-22) and the September AFR ( Rev. Rul. 2009-29) which contained an inaccurate date in the Note in Table 4.
The Note in Table 4 in the August AFR ( Rev. Rul. 2009-22) incorrectly read:
"Note: Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after August 30, 2008, and before December 31, 2013, shall not be less than 9%".
The Note in Table 4 in the September AFR ( Rev. Rul. 2009-29) incorrectly read:
"Note: Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after September 30, 2008, and before December 31, 2013, shall not be less than 9%."
The Note in Table 4 should have read (in both revenue procedures):
"Note: Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008 and before December 31, 2013 shall not be less than 9%."
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