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Internal Revenue Service announced launch of pre-examination retirement plan compliance pilot program beginning June 2022. IRS will notify plan sponsors by letter 90 days before examination that their retirement plan has been selected for an upcoming inspection.
The Employee Plans Office of the Internal Revenue Service (the “IRS”) announced a new pre-examination program for retirement plans to begin as of June 2022. The pilot program is...
On June 3, 2022 the Internal Revenue Service ("IRS") announced a pilot audit program and has already issued notices to retirement plan sponsors.
Retirement plan sponsors should be aware of a new Internal Revenue Service (IRS) pilot program, which permits plan sponsors to conduct a pre-examination “check-up” of retirement plan...
Starting this month, plan sponsors may be notified by letter that their retirement plan has been selected for an examination.