The PS-58 cost is the tax on the employees share of the life insurance premiums paid by the employer. The profit sharing plan must include a life insurance component & therefore it is generating the PS-58 costs.

Customer: how do you calculate ps58 costs? I have death benefit less cashvalue * cost/thousand not sure I understan the cost/thousand Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best. Customer: waiting Accountant's Assistant: Is there anything else important you think the Accountant should know? Customer: HELLO Accountant's Assistant ...

Customer: This is a follow up to my question regarding PS 58 cost calculation. My contact at the IRS still contends that the PS 58 is still a viable provision and I need to come up with a valid argument. Any suggestions - keeping in mind that there never was a cash value or cash surrender value for the subject life insurance policy.

Hi, My name's Lane, I can help here. ... PS 58 (called table 2001 costs now) represents the cost of insurance (essentially the term premium cost) fo a policy, given a certain death benefit. ... The way this is typically done if employer paid is the PS 58 costs are included in the wages on your W-2 for the tax year in question. ...

My fellowes paper shredder red light is on and unit is not working, fellowes 58-80, Since two days ago. I tried the

Customer: Hi, i have a Samsung Plasma TV Model : PS58B850Y1F . For a while now it will change between 'Modes' ie. it will be on HDMI then it will suddenly switch to TV. Now, after a small soft ball hit a picture frame which inturn hit the bottom left corner of the plasma frame, the picture has disappeared all together. When we try to turn the TV back on there is …

Customer: my fellowes shredder is running but will not pull the paper though Technician's Assistant: What's the brand and model of your shredder? How old is it? Customer: Fellowes P-8c. 5-7 years old Technician's Assistant: How long has this been going on with your shredder? What have you tried so far? Customer: A couple weeks. Removed all paper from shredding area with tweezers. I tested and ...

Customer: My smoke alarm won't stop tweeting. It is hard wired and we had a power outage last night. How do I make it stop? Kidde brand -- one year old.

Customer: We had a power outage. The smoke detectors went off. We reset several times, but they'd chirp, then go off again. The power is back on,and the smoke detectors continue to chirp. I finally took the 9v batteries out, but they are still chirping!! Help!! How do I …

I'm having trouble with a box truck lift gate it is slowly sagging down to the ground