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1. Look out! IRS turns up heat on retirement-plan audits.

Author

Kelly, Grace Park

Abstract

Reports on the Internal Revenue Service's (IRS) stepping up of its auditing efforts of retirement plans. IRS uncovering totally inadvertent plan defects; Increase in efforts to collect money from employers for mistakes; Correction of plan defects; Payment to IRS for taxes, interest and penalties in lieu of plan disqualification; Operation of pension plans in accordance with the law as employers' protection.

Published
1993

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