On December 18, 2015, President Obama signed The Protecting Americans from Tax Hikes Act (the "Act"). The Act contains a requirement that 501(c)(4) social welfare organizations file a notice with the IRS. Prior to the Act, 501(c)(4) organizations could, but were not required to, submit a Form 1024 requesting tax-exempt status from the IRS.
To ensure compliance with ERISA's documentation and disclosure rules for health and welfare plans (medical, dental, vision, group term life insurance, and disability insurance plans), the plans must be set forth in written plan documents that meet specified content requirements. Although employers receive insurance policies or certificates of coverage from insurers or third party administrators, these documents rarely specify the named fiduciary, the procedures for amending the plan or the allocation of responsibilities for the operation and administration of the plan among the employer, the insurer, and the third party administrator.
Property owners may seek annexation into a neighboring municipality for a variety of reasons. Perhaps the property owner seeks city services or city zoning. Whatever the motivation, a property owner who seeks annexation into a neighboring city can do so fairly quickly and easily under the Expedited Type II annexation process. The property owner applies to the Board of County Commissioners and if all statutory requirements are met, the process can be completed in as little as a few months. In a Type II annexation, the annexed property still remains in the township, so any property taxes levied by the township are still owed by the property owner after annexation.