Proposed Regulations Address PFIC Rules
The Treasury and IRS have issued proposed regulations on provisions
dealing with passive foreign investment companies (PFICs). Proposed
regulations published on April 25, 2015, also have been withdraw...
Proposed Exception to MEP Unified Plan Rule
Proposed regulations would provide an exception to the unified plan
rule for multiple employer plans (MEPs). The purpose is to reduce
the risk of plan disqualification due to noncompliance by other
Darrah & Company, P.C. was established in early 1996 to serve clients in many industries and services located throughout the Midwest. Our approach is to provide professional services to our clients and build long-term, mutually successful relationships.
We are a member of the American Institute of Certified Public Accountants (AICPA) and the Missouri Society of Certified Public Accountants (MOCPA), and are regulated by the Missouri State Board of Accountancy. Accordingly, the Firm must complete an AICPA peer review every three years.
We are pleased to annouce that our President, Ron T. Darrah CPA CGMA, was recently appointed by the Governor of Missouri to serve on the Missouri State Board of Accountancy. The mission of the Missouri State Board of Accountancy is to protect the interests of all the citizens of the state of Missouri by examining, certifying, licensing and regulating certified public accountants and public accountants, and firms of certified public accountants and public accountants in the state of Missouri.
Please contact us with any questions or comments you may have - we'd love to hear from you. We view ourselves as being proactive and responsive to our clients' inquiries and suggestions.