Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

401(k) Distribution Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Quality Assurance Manager

Bates & Company
(Remote / Winter Park FL)

Bates & Company logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Enrolled Actuary

Prime Pensions, Inc.
(Remote)

Prime Pensions, Inc. logo

Executive Compensation Lawyer

Trucker Huss, A Professional Corporation
(Remote / San Francisco CA)

Trucker Huss, A Professional Corporation logo

Distribution \ Loan Clerk

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Relationship Manager

Compass Retirement Consulting Group, Inc.
(Remote / NH)

Compass Retirement Consulting Group, Inc. logo

Associate General Counsel

Central Pension Fund of the IUOE
(Washington DC)

Central Pension Fund of the IUOE logo

Retirement Plan Legal Specialist

Pentegra
(Remote / West Harrison NY)

Pentegra logo

Retirement Plan Consultant

Carpenter Morse Group
(Remote)

Carpenter Morse Group logo

Defined Benefit Calculation Specialist/Actuary

The Angell Pension Group, Inc.
(Remote / East Providence RI)

The Angell Pension Group, Inc. logo

Client Service Manager

United 401(k) Plans, Inc.
(Remote)

United 401(k) Plans, Inc. logo

Attorney

Central Pension Fund of the IUOE
(Washington DC)

Central Pension Fund of the IUOE logo

View More Employee Benefits Jobs

Free Newsletters

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

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



IRS Wants $300,000 for Late Filing of My Form 5500-EZs
BenefitsLink Message BoardsLink to more items from this source
Sept. 29, 2021

"I filed 5500-EZ Delinquent Filer Penalty Relief Program along with $1,500 check for 6 years of returns in December 2020. Solo 401k. IRS cashed the check but later sent me a letter asking me to pay. I replied that I already paid, that was in March 2021 with me sending proof of the cashed check. I got another letter in September, two weeks ago, saying the IRS has a $1,500 check from me and needs to associate that with a return. I faxed a reply saying that's for my 5500-EZ. I called the IRS number and the rep is saying that the $1,500 was applied to certain years like 2016 but not to other years. So 2014 and 2015 don't have a payment on file. 2016 does. The 2017, 2018 and 2019 returns have not been processed yet. I sent in these forms last December.

Now I got a CP 283, demanding I pay $300,000 within 30 days!

I called the IRS number and the rep told me to fax documents, responding to the CP 283. [1] Should I contact the taxpayer advocate? [2] What happens at end of October when the CP 283? Any help is greatly appreciated as I am in a state of panic."

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).
© 2023 BenefitsLink.com, Inc.