EBP2140. IRS Update on Examination Projects and EPCRS Correction Programs

The IRS will discuss the latest retirement plan examination projects and problem areas found on their examinations. They’ll also discuss the latest updates to the IRS correction programs and how you can use these correction programs to easily correct many common plan mistakes. This is your opportunity to ask questions and provide input on these programs and how they affect your clients. Highlights of this session include:

1. High level IRS speakers will describe problem areas found on their examinations and how some of them can be resolved before or during an examination.
2. Learn how to prepare in advance for the compliance query letters IRS sends out to ask about certain information in lieu of an examination.
3. Hear the latest thinking about correcting plan errors with document and operational issues.

Learning Objectives:

• Describe problem areas found on their examinations and how some of them can be resolved before or during an examination.
• Identify how to prepare in advance for the compliance query letters IRS sends out to ask about certain information in lieu of an examination.
• Recall the latest thinking about correcting plan errors with document and operational issues.