This notice provides FBAR filing relief for some persons with signature authority and who own commingled funds. Notice 2009-62 modified and supplemented.

This announcement temporarily suspends, for persons who are not United States citizens, United States residents, or domestic entities, the requirement to file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR), for the 2009 and earlier calendar years. Announcement 2009-51 supplemented and superseded.

The Department of Labor and the Department of the Treasury (the “Agencies”) are currently reviewing the rules under the Employer Retirement Income Security Act (ERISA) and the plan qualification rules under the Internal Revenue Code (Code) to determine whether, and, if so, how, the Agencies could or should enhance, by regulation or otherwise, the retirement security of participants in employer-sponsored retirement plans and in individual retirement arrangements (IRAs) by facilitating access to, and use of, lifetime income or other arrangements designed to provide a lifetime stream of income after retirement. The purpose of this notice is to solicit views, suggestions and comments from plan participants, employers and other plan sponsors, plan service providers, and members of the financial community, as well as the general public, on this important issue.

The IRS has revoked its determination that Nat Turner Legal Defense of Garland, TX; The Arab American Cultural and Educational Center Inc., of Youngstown, OH; Debt Counseling and Solutions, Inc., of Metairie, LA; Ezekiel’s House of Central Florida, Inc., of Salem, IN; Howell’s International, Inc., of British West Indies; Moore’s Burial Association of Fayetteville, AR; Mustard Seed Frey Family Foundation of Oakland, CA; River City Regiment of Sacramento, CA; Silver Point Assurance, Ltd., of Knoxville, TN; Skyward Resources of Honolulu, HI; Ward’s Inc., of Fairfax, VA; Community Revitalization Group of Hermosa Beach, CA; Curtilage, Inc., of Salt Lake City, UT; Heritage Institute Inc., of St. George, UT; Residential Revitalization Group of Hermosa Beach, CA; and the United Management Systems Inc., of Columbus, MA, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.

Final, temporary, and proposed regulations under section 6654 of the Code relate to reduced estimated income tax payments for qualified individuals with small business income for any taxable year beginning in 2009.

Final, temporary, and proposed regulations under section 6654 of the Code relate to reduced estimated income tax payments for qualified individuals with small business income for any taxable year beginning in 2009.

This notice provides FBAR filing relief for some persons with signature authority and who own commingled funds. Notice 2009-62 modified and supplemented.

This announcement temporarily suspends, for persons who are not United States citizens, United States residents, or domestic entities, the requirement to file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR), for the 2009 and earlier calendar years. Announcement 2009-51 supplemented and superseded.