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Recent Developments in the Voluntary Compliance Program: What You Need to Know
Sullivan & Worcester
Mar. 9, 2020 "Sponsors of plans considering new VCP submissions need to take this potential shift into account when making strategic decisions about whether and how to file a VCP submission (vs. for example use of self-correction), must be prepared to timely respond to IRS requests for additional information, which often means anticipating possible follow-up requests, and must be prepared to take into account the risk of being unable to resolve a submission." |
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