Page 10 - Correction Program News Today

She provides legal services in all types of employee benefits plans to ensure compliance with federal laws including ERISA, PPACA, COBRA and HIPAA

Attorneys say plan sponsors have a couple of strong incentives to identify and correct any compliance failures upon receiving a pre-audit letter under a new IRS program.

In the June 3 issue of Employee Plans News, the Internal Revenue Service announced a pilot program to give employers whose qualified retirement plans have been selected for audit a...

The IRS announced in its June 3 Employee Plans Newsletter a new 90-day Pre-Examination Compliance Pilot Program. Under the program, which is in effect, the IRS will notify an employer...

On June 3, 2022, the IRS announced it is launching a pilot pre-examination retirement plan compliance program, which generally will be effective immediately (June 2022). This pilot...

In the June 3, 2022, issue of the IRS Employee Plans News, the IRS Employee Plans group announced it is piloting a pre-examination retirement plan compliance program beginning in June...

IRS is establishing a new pre-examination retirement plan compliance program beginning this month. The letter will give the plan sponsor a 90-day window to review its plan documents and operations to determine if they meet current tax law requirements.

On June 3, 2022, the Internal Revenue Service (“IRS”) announced a new pre-examination compliance pilot program beginning in June 2022. Under the pilot program, the IRS will notify a...

On June 3, 2022, the IRS announced a new pre-audit compliance program for retirement plans beginning immediately in June 2022 (the “Pilot Program”). Under the Pilot Program, the IRS...

An IRS bulletin for preapproved plan sponsors warns of consequences for missing the restated adoption agreement deadline.