• Common Issues in FSLG Examinations
• Save the Date: Employer Conference
• Extension of Treatment for States Participating in the Physical Inspections Pilot Program

Upcoming Seminars

• View seminar schedule

Forms

• View current forms

Audit Section
(907) 465-5707

Financial Education and Advice Services
(800) 232-0859

Member Services Counseling Services
(907) 465-4460

Member Services Contact Center
(907) 465-4460

Contact the editor with feedback. Archives are available. 

eReporting

Payroll Processing

March 2014 | Volume #104

Common Issues in FSLG Examinations

If your agency undergoes an examination conducted by the Federal, State & Local Government (FLSG) branch of the IRS, you may want to review your situation and determine whether you may have one of the following common issues:  

• Information return filing
• Worker classification issues
• Personal use of government property
• Form W-9
• Allowances not under accountable plan
• Payments improperly characterized
• Meals furnished
• Forms W-2 and W-3

Learn more about these issues and don’t forget, if you need assistance, you can contact the Audit Section of the Division of Retirement and Benefits at (907) 465-5707.

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Save the Date: Employer Conference

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Extension of Treatment for States Participating in the Physical Inspections Pilot Program

IRS Notice 2014-15 extends the time period announced in Notice 2012-18 through December 31, 2014. Notice 2012-18, published in the Internal Revenue Bulletin on March 5, 2012, provided State housing finance agencies that participated in the Physical Inspections Pilot Program a temporary alternative method to satisfy the physical inspection and certification review requirements of § 1.42-5(c)(2) of the Income Tax Regulations. The availability of this alternative method ended on December 31, 2012.   

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