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Showing content with the highest reputation on 08/08/2021 in all forums
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Welfare Benefit 5500- Filed 5500- Two days late
Bill Presson reacted to RatherBeGolfing for a topic
To the best of my recollection, it goes like this: 1. File late (not DFVCP) 2. Get IRS late filer penalty letter 3. Go through the DFVCP steps, including payment 4. Respond to IRS late filer penalty later with certain information from the DFVCP filing.1 point -
5500 filing - cash vs accrual
Bill Presson reacted to Jakyasar for a topic
Thanks Bill The article nailed it, perfect. My concern is how to adjust the assets. BOY assets would be cash and EOY would be accrual. The contributions would cover 2 years, is that an acceptable approach?1 point
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