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To: Didi who started this subject	7/20/2000 10:06:39 PM
From: Didi	Read Replies (1) of 1115

Fed Tax--IRS: IRA Account; NI Calculation + List of "Deleted" Qualified Charitable Organizations... ftp.fedworld.gov >>> Notice 2000-39, page 132. Individual retirement accounts; net income calculation. This notice provides a new method for calculating net income attributable to IRA contributions returned pursuant to section 408(d)(4) of the Code and to IRA contributions recharacterized pursuant to section 408A(d)(6).<<< ............................... EMPLOYEE PLANS Notice 2000-40, page 134. Weighted average interest rate update. The weighted average interest rate for July 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set fourth.<<< ...................................... EXEMPT ORGANIZATIONS Announcement 2000-62, page 137. A list is provided of organizations that no longer qualify as organizations to which contributions are deductible under section 170 of the Code .<<< ---------------------------------------------------------- Please consult your tax advisors for details. di

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