A CP403, CP406 or CP283 is not necessarily an audit. Here is what each IRS and DOL retirement plan notice means, how the Form 5500 notice timeline runs and which relief stays open.
The 2024 IRS contribution maximums for retirement plans have been announced.
Many business owners are unaware that once they establish a ROBS plan, they assume certain legal responsibilities related to compliance regulations. Learn about common mistakes that ROBS entrepreneurs make with tips on how to correct any current errors and avoid potential future issues.
On September 28, 2017, the IRS released its 2018 work plan, detailing several operational and compliance failures in Sep IRA/Simple IRA, 401(k), 403(b) and …
In the wake of Hurricane Irma, the IRS has issued a number of benefits, similar to those extended after Hurricane Harvey, to business owners …
The Internal Revenue Service (IRS) is reminding taxpayers that the next couple of weeks are the busiest time of year for IRS calls. Taxpayers …
As the start of tax filing season approaches, the Internal Revenue Service (IRS) is reminding taxpayers to start thinking about who will prepare their …
The Security Summit, the partnership between the IRS, state tax agencies and the tax community formed to combat identity theft, recently announced it expanded …
What is an IRS Compliance Statement? When a plan sponsor and the IRS agree with the proposed correction to retirement plan errors disclosed in a …