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IRS Expands Correction Program for 2001
Thompson Publishing Group 
Feb. 20, 2001
Excerpt: The Internal Revenue Service (IRS) has revised and expanded the Employee Plans Compliance Resolution System (EPCRS). Released Jan. 19, Revenue Procedure 2001-17 modifies those procedures for EPCRS set out in Rev. Proc. 2000-16 released last year. The updated EPCRS system is effective May 1, 2001, but plan administrators may implement the new procedures now.
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