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GUST certification


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Guest dudehead
Posted

Just because an employer signs a certification to extend the GUST remedial period, are they obligated to use the document specified or can they use it to adopt another document? Any IRS notices, announcements or rev proc's to back up? Thanks.

Posted

Check out IRS Announcement 2001-12, it states that after a certificate is executed, an employer must adopt one of the following: the GUST approved M&P or volume submitter specimen plan for which the certificate was signed, another GUST approved M&P or a volume submitter specimen plan or individually-designed GUST amendments.

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