Redlining requirement for Cycle C submissions

[Trekker]

Rev Proc 2008-6, Section 6.05, states that all changes made to the most recently approved version of the plan must be redlined or highlighted. Failure to do so will result in the return of the application. This is effective for Cycle C plans that file a 5300.

It will be hard enough doing this when our firm has maintained the document over the years, but redlining all changes to a takeover plan will be extremely burdensome.

Are there any rumblings out there that this might be reversed? How are others handling this?

And I wonder why my hair has turned gray since I've been in the pension area.

[jlea]

I couldn't agree more. I shudder at the thought of the time required to have those documents put onto our system, the reviewing, the editing, all just to get the document as it existed a few years ago . . .

[Trekker]

GOOD NEWS - I just received a message from the IRS helpline that this will NOT be required due to the overwhelming outcry. There is to be some sort of announcement forthcoming.