Compliance November 18, 2016
IRS to Host Webcast About EPCRS Changes
Attendees will learn about changes set forth in IRS Revenue Procedure 2016-51.
Reported by Rebecca Moore
The Internal Revenue Service (IRS) is hosting a free webcast about the changes to the Employee Plans Compliance Resolution System (EPCRS).
Attendees will learn about the:
- Elimination of determination letter application requirements;
- New methodology for determining Audit Closing Agreement Program (CAP) sanctions;
- Modifications to the Self-Correction Program; and
- Consolidation of prior guidance.
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