IRS Wins on Request for Pension Plan Data

According to CCH, the IRS has won a court case in the U.S. Court of Appeals for the 10th Circuit where the requesters were seeking information on an employer's participation in a pension plan.  The basic reason for the victory is that he information sought was tax return information, and the IRS Exemption under the IRS Tax Code Section 6103 is very broad; enabling this type of information to be withheld as long as it is "tax return information."

As the debate about overhauling the tax code sharpens, open record advocates should take the opportunity to have Congress discuss narrowing the broad exemption that the IRS presently has for anything considered "tax return information."

Comments

[Plumbing Greenwood Indiana]

A pension plan can help a lot, particularly to those with children and dependent family members. They are able to continue providing monetary support even after their retirement and even after death.