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View More American Society of Pension Professionals & Actuaries [ASPPA] Webcasts and Conferences

Loans: Correcting Taxation, Qualification and Fiduciary Failures + COVID-19 Changes to Loans

American Society of Pension Professionals & Actuaries [ASPPA]

Apr. 15, 2020
Recorded Online
Webcast

The IRS finally released the long-awaited self-correction options for correcting loan failures. The new correction options should save your clients considerable time and money. As with all new correction procedures, there are many questions on the application to the different loan failures.

In this webcast, in addition to explaining the requirements and options, Stephen Forbes will address over 50 questions on the application of the new requirements. With the new correction options, the IRS will expect improved compliance. Therefore, it is incumbent on practitioners to have a working knowledge of the loan correction procedures.

Learning Objectives:
Apply the new self-correction options to correct loan failures.
Determine which loan failures can be self-corrected and which failures must be corrected under VCP.
Reduce administrative costs and taxation consequences by applying the new correction options.

Speaker: Stephen W. Forbes, J.D., LL.M. (taxation)

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