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| Immediate Action May Preempt Selection in IRS Audit Initiative Targeting Large Retirement Plans The Human Capital practice of Deloitte Consulting LLP  Apr. 21, 2004 Excerpt: The IRS recently announced an audit initiative targeting retirement plans with at least 2,500 participants. Employers sponsoring such plans should immediately consider performing a compliance review to determine if qualification failures exist. If failures are found, consideration should be given to submitting an application under an IRS voluntary compliance program to voluntarily correct them. |
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