Often, correction of a plan’s disqualifying defect(s) can be done only with IRS approval. The IRS may have discovered the defect during an audit, requiring that the problem be resolved through an IRS-approved closing agreement. Or the defect may have been submitted to the IRS for resolution under its Voluntary Correction Program, which also requires IRS approval of the method of correction.
Understanding how the EPCRS negotiation process works and potential strategies that can be employed are critical elements in achieving the best result for all concerned parties. In “EPCRS Corrections: Strategies and Negotiation Tips When Dealing with the IRS,” a webcast that will be held on Thursday, Jan. 14, 2016, from 2:00 – 3:40 p.m., Ilene H. Ferenczy, Esq., CPC, APA, Managing Partner, Ferenczy Benefits Law Center LLP, will share her many years of experience in dealing with the IRS in this case-study-intensive webcast.
Attendees will gain the ability to:
Understanding how the EPCRS negotiation process works and potential strategies that can be employed are critical elements in achieving the best result for all concerned parties. In “EPCRS Corrections: Strategies and Negotiation Tips When Dealing with the IRS,” a webcast that will be held on Thursday, Jan. 14, 2016, from 2:00 – 3:40 p.m., Ilene H. Ferenczy, Esq., CPC, APA, Managing Partner, Ferenczy Benefits Law Center LLP, will share her many years of experience in dealing with the IRS in this case-study-intensive webcast.
Attendees will gain the ability to:
- determine what types of corrections require IRS approval;
- discover the factors that influence the IRS approval process; and
- make use of strategies to effectively negotiate with the IRS.
- Log in to post comments