Basically Posted May 20, 2024 Posted May 20, 2024 XYZ CPA is a small CPA firm that employed Bob, Sue and Dick. Bob and Sue are husband and wife, Dick is just the other partner. No rank and file employees. Dick decided to retire so XYZ is changing to Bob & Sue CPAs LLC. B & S CPAs has its own EIN. Questions: - I'm pretty sure that I don't need to terminate the old plan... I can just amend it to change the plan sponsor... correct? - On the 5500-EZ, would I make the necessary changes and file? (put in the new sponsor and EIN?) Thanks
Bill Presson Posted May 20, 2024 Posted May 20, 2024 Correct. Updated info goes in 1 & 2 and old info in 4a and b. Belgarath, Luke Bailey and Bri 3 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now