• IRS Notice 2005-94
  • December 20, 2005
  • Law Firm: Sheppard, Mullin, Richter & Hampton LLP - Los Angeles Office
  • This Notice suspends employers' and payers' reporting and wage withholding requirements for calendar year 2005 with respect to deferrals of compensation within the meaning of § 409A of the Internal Revenue Code (the Code) . However, future published guidance may require an employer or payer to file a corrected information return and to furnish a corrected payee statement reporting any previously unreported amounts includible in gross income under § 409A .