Important notice
I don't normally bore readers of this blog with any of the dozens of Internal Revenue Service rulings and announcements that I encounter every year in my work. But this one may be of interest to a broad cross-section of the public.
| Posted at 1:46 PM | Permalink |
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Comments (12)
I'm surprised this sort of arcana ad infinitum doesn't drive you to drink - or worse. (I'm thinking of Lloyd Bridges in the "Airplane" movies.)
It doesn't, does it?
Posted by rr | September 27, 2007 2:20 PM
Thankfully knowing who to contact for clarification about the ruling put it into perspective...
Posted by PMG | September 27, 2007 2:28 PM
The fact that I was only tuned into the joke after the second Devil comment is truly a testiment to the IRS.
Example 2 is my favorite
Posted by travis b | September 27, 2007 2:47 PM
"A service provider will be deemed to have experienced a separation from life if
he or she experiences a termination of life."
Pretty long winded and assinine way to say the taxpayer died.
Posted by Dave | September 27, 2007 2:58 PM
Even the Infernal Revenue Service needs its damned guidelines.
Posted by Ian | September 27, 2007 3:41 PM
"...if the period ofsuch leave does not exceed ten minutes, or if longer, so long as the individual retains a right to regain life and/or reanimation under an applicable contract (with the devil or
otherwise) or other arrangement."
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Now there is a contract to behold!
Posted by Harry | September 27, 2007 3:43 PM
So is Michael Moore entitled to immediate redemption of all his qualified plans? Because I'm pretty sure he's brain dead.
Based on his body weight, he might even merit a 3X payout.
Posted by Mister Tee | September 27, 2007 4:55 PM
Hijack!
Posted by Allan L. | September 27, 2007 5:06 PM
I was unsure that it was a joke until the Heaven can Wait- Deal with God clause. Too funny.
Posted by Travis | September 27, 2007 9:15 PM
I refuse to acknowledge my errors, ommissions, oversights and general stupidity...
I stand by my comment.
...or near it
...if no one's looking, that is
ooooh, the shame.
Posted by rr | September 27, 2007 9:40 PM
I liked the 10 mintues limit. They must have one of those lights-out timers on the life support set to 10 mint and 2 seconds.
Posted by Steve | September 28, 2007 8:00 AM
I'm glad everyone likes it so much. I thought we could all use a laugh at the 409A ridiculousness. :-)
Posted by Anonymous | September 28, 2007 12:05 PM