Matthew J. Blaney
Subscribe to Matthew J. Blaney's PostsMatthew J. Blaney represents clients in various federal and state tax controversy matters. Read Matthew J. Blaney's full bio.
IRS provides updated mortality tables for defined benefit pension plans
By Evan Walters, Samuel Hamer, Edward Froelich, Michael Scarduzio and Matthew J. Blaney on Aug 22, 2025
Posted In Employee Benefits, Retirement Plans
The Internal Revenue Service (IRS) issued Notice 2025-40, providing updated static mortality tables for defined benefit pension plans under Code Section 430(h)(3)(A) and Section 303(h)(3)(A) of the Employee Retirement Income Security Act. These updated static mortality tables apply for purposes of calculating the funding target and other items for valuation dates occurring during the 2026...
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IRS reminds businesses about the Childcare Tax Credit
By Evan Walters, Samuel Hamer, Edward Froelich, Michael Scarduzio and Matthew J. Blaney on Jul 10, 2025
Posted In Employee Benefits
The Internal Revenue Service (IRS) recently released Tax Tip 2025-39, reminding businesses about the Childcare Tax Credit. Taxpayers may receive a credit of up to $150,000 per year to offset 10% of qualified childcare resource and referral costs and 25% of qualified childcare facility costs. To be eligible for the credit, an employer must have...
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IRS Releases 2026 Limits for HSAs and Excepted Benefit HRAs
By Evan Walters, Samuel Hamer, Edward Froelich, Michael Scarduzio and Matthew J. Blaney on Jun 10, 2025
Posted In Employee Benefits, Health and Welfare Plans
On May 19, 2025, the Internal Revenue Service (IRS) released Internal Revenue Bulletin 2025-21. It includes Revenue Procedure 2025-19, which provides the 2026 inflation-adjusted amounts for health savings accounts (HSAs) as determined under Code § 223, as well as the maximum amount that may be made newly available for excepted benefit health reimbursement arrangements (HRAs)...
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