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IRS Compliance Pilot Gives Retirement Plan Sponsors Grace Period
Best Best & Krieger LLP in Bloomberg Tax 
[Guidance Overview] Nov. 17, 2022 "Plan sponsors also should consider performing periodic internal compliance reviews to confirm that all applicable requirements are being satisfied. ... Corrective actions will be significantly less expensive for a plan sponsor that self-identifies errors.... [P]lan sponsors may begin to see an increase in IRS auditing, thanks to the Inflation Reduction Act[.]" MORE >> |
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