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December 3, 2014

Insight into IRS Retirement Plan Audits (article)

IRS Publication 1-EP, Understanding the Employee Plans Examination Process, provides insight into what can be expected in the event of a retirement plan audit.  Employers sponsoring retirement plans, and particularly those for whom a voluntary correction program might be appropriate, would be advised to review this publication.

The information contained in this article is provided as general guidance and may be affected by changes in law or regulation. This article is not intended to replace or substitute for accounting or other professional advice. Please consult a CBIZ professional. This information is provided as-is with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein.
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