Leaderboard

It would seem that having the ability to override a decision would mean the employer/admin would be responsible for *all* decisions, not just the ones they override, because they could have overridden a decision and didn't implies they are agreeing with the decision. That would certainly defeat the purpose of hiring a 3(16) provider.

No. The instructions state they should be reported until the year after, meaning they are not reported the year after. It is basically a different way of saying "reported for each subsequent year, including the year it is fully corrected. It eliminates the possible confusion of using the wording "until corrected", which could be interpreted to mean that you don't have to report it in the year of correction. I just had to explain to the IQPA that she was wrong in insisting that I remove the reported contributions in the year of correction... She is the worker bee doing the leg work, not the audit partner signing off on the financial statements, but still....

She is excellent and did a great job for us. I like her very much. But this client up in the LA area and wants a local attorney up there. I know there are some good ones up there--I'm an old timer and most of the guys I worked with, like Alex Brucker, Reich, etc. have since retired. I used Bruce Ashton in the past but he may have retired also.

Is the new doctor a 5% owner? If not then they would be NHCE in their year of hire.

Ask the client to run the payroll on 9/30 instead of 10/1?