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  • New Closing Agreement Procedure for Failed Life Insurance Contracts—Rev. Proc. 2008-40
    New Closing Agreement Procedure for Failed Life Insurance Contracts—Rev. Proc. 2008-40 This article is a general discussion about prior correction procedures for failed life insurance contracts ...

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    • Authors: Craig R Springfield, Daniela Stoia
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Life Insurance
  • Rev. Proc. 2008-39—Correction of Inadvertent MECs: Is the Third Time the Charm?
    Rev. Proc. 2008-39—Correction of Inadvertent MECs: Is the Third Time the Charm? This article begins with a brief review of the general requirements of section 7702A and the consequences of MEC ...

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    • Authors: Craig R Springfield, Daniela Stoia
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Life Insurance
  • Rev. Proc. 2008-38—“Alternative C” QAB Closing Agreements
    Rev. Proc. 2008-38—“Alternative C” QAB Closing Agreements This article begins with a brief review of the treatment of QAB charges under the Code and the guidance the Internal Revenue Service the ...

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    • Authors: Craig R Springfield, Daniela Stoia
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Life Insurance