The electronic filing of the Form 5500 has given the government the tools to quickly identify potential prohibited transactions. Accordingly, practitioners need to have a fundamental knowledge of the prohibited transaction requirements.
In this web seminar, the speaker explains the structure, sanctions, purpose and exemptions.
- Disqualified person / Party-in-interest
- What transactions are prohibited?
- Direct and indirect
- Sale or exchange
- Discrete prohibited transactions
- Service provider fee disclosures
- Calculation of the excise tax
- Qualifying employer securities
Objectives: After attending this Web seminar, an attendee should be able to:
- Identify a disqualified person and a party-in-interest
- Explain the tax consequences of engaging in a prohibited transaction
- Determine which types of transactions that are prohibited
- Identify exemptions to the prohibited transaction requirements
- Explain the breadth of the prohibited transactions requirements to a plan sponsor
Speaker: David Schultz, J.D.
Continue by clicking on the following link: