Account treats two companies as totally separate entities.
The companies in addition to sharing the same 6 digit SIC code and both essentially are in the carting/waste removal business.
1 co owned 50/50 by husband and wife
Co 2 owned 50/50 by their two sons, over 21 years of age. The two sons, in addition, work for co 1.
In addition, there is one shared employee.
We have been treating the plans as a controlled group/ASG and combining the two for (a)(4) as both plans are New comparability PSPs.
CPA does not agree.
Is there a specific example in the regs I can show this guy?