IRS User Fees in 2006

[Guest Jeff Hartmann]

IRS announced a new schedule of user fees that applies starting February 1, 2006.

http://www.irs.gov/pub/irs-tege/ir-2005-144.pdf

http://www.irs.gov/pub/irs-tege/ep_user_fee_appendix.pdf

Some of the increases are pretty dramatic.

For example,

Form 5310 (for plan terminations) increases from $225 to $1,000

all Private Letter Rulings will cost $9,000 (regardless of plan asset amount). Currently, it costs only $625 for plans with assets under $250,000.

What do you think of these increases?

Is there any way to get IRS to scale back these increases?

..... Jeff

[Guest Dash02]

My reading is that the reduced user fees have not yet been established. You apparently believe that they will no longer be offered.