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IRS Announces Dramatic Increase in User Fee for Automatic Amortization Extension
Segal
Aug. 24, 2020 "The IRC allows a plan to receive an automatic five-year extension of the amortization period if the plan sponsor submits an application to the IRS ... The IRS is increasing the user fee for the extension from $1,000 to $6,500. The IRS has not provided any specific explanation for this very significant fee increase." MORE >> |
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