Trekker Posted April 18, 2008 Share Posted April 18, 2008 Rev Proc 2008-6, Section 6.05, states that all changes made to the most recently approved version of the plan must be redlined or highlighted. Failure to do so will result in the return of the application. This is effective for Cycle C plans that file a 5300. It will be hard enough doing this when our firm has maintained the document over the years, but redlining all changes to a takeover plan will be extremely burdensome. Are there any rumblings out there that this might be reversed? How are others handling this? And I wonder why my hair has turned gray since I've been in the pension area. Link to comment Share on other sites More sharing options...
jlea Posted April 21, 2008 Share Posted April 21, 2008 I couldn't agree more. I shudder at the thought of the time required to have those documents put onto our system, the reviewing, the editing, all just to get the document as it existed a few years ago . . . Link to comment Share on other sites More sharing options...
Trekker Posted April 25, 2008 Author Share Posted April 25, 2008 GOOD NEWS - I just received a message from the IRS helpline that this will NOT be required due to the overwhelming outcry. There is to be some sort of announcement forthcoming. Link to comment Share on other sites More sharing options...
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