The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 incudes provisions modifying the Filing due dates for many business entities. Most changes will be effective for years beginning after December 31, 2015.  

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The DOL has vinalized finalized the "Conflict of Interest Rule" that modifies the definition of who is a plan Fiduciary.  The change "Applicability Date" is April 10, 2017 with a transition period running between the applicablity date and January 1, 2018.

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Small Business owners acheived a tremendous "Win" this week with the withdrawal of a previously proposed regulatory change by the Department of the Treasurey and IRS.  The withdrawal of the proposed change, which is part of a larger proposed regulatory modification, will help ensure that Small Business Owners continue to have the same retirement plan design advantages as larger companies and thus can continue providing competitive retirement benefit programs for their employees! 

For more information see: IRS Announcement 2016-16

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