Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Assistant Team Leader

Nova 401(k) Associates
(Houston TX / Austin TX / Dallas TX / Scottsdale AZ / Telecommute)
DC Plan Administrator

San Diego Pension Consultants
(San Diego CA)
Compliance Analyst (QKA)

Newport Group
(Folsom CA / Dallas TX / Walnut Creek CA / Annapolis MD / Burlington VT / Charlotte NC / Chicago IL / Fresno CA / Moline IL / Lake Mary FL / Saint Petersburg FL / Saint Louis MO / AL / IA / MN / PA / VA / WI)
Retirement Plan Relationship Advisor

Prosperity Advisors, LLC and SS&G Wealth Management
(Akron OH)
Apprentice - Financial Services and Employee Benefits

Columbia Benefits, LLC
(Englewood CO)
DC 401(k) Plan Administrator

Gelman Pension Consulting, Inc.
(New York NY)
Senior Pension Administrator
Spectra Associates
(PA)
Retirement Plan Advisor / Relationship Manager
Growing Regional Bank
(Houston TX)
Senior Retirement Plan Administrator

Goldberg, Swedelson & Associates
(Encino CA / Telecommute)
Defined Benefit Plan Administrator

AimPoint Pension
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



11/2/2000: Voluntary Correction Cheaper Than Audit Roulette (Martha Priddy Patterson, online from Thompson Publishing Group)
Excerpt: According to the GAO's recent report, pension plan sponsors who use one of the IRS self-correction programs, such as the Voluntary Compliance Resolution (VCR) program, can expect to pay about one-tenth of the sanction paid by plan sponsors who lose at 'audit roulette' and are caught by the IRS. And these average savings do not include the savings by plan sponsors that quickly and voluntarily correct plan problems under the Administrative Policy Regarding Self-Correction (APRSC) ...
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.