Monthly Archives: November 2011

Just in Time – The IRS Issues an Extension and a Sample Amendment for Code sec. 436

Posted on November 30, 2011 by Administrator

Just when the mad scramble to adopt last minute Code section 436 amendments was about to begin, the IRS has issued another extension, accompanied by a sample amendment. Notice 2011-96, released Nov. 29, 2011, extends the deadline to adopt an … Continue reading →

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Free ERPA CPE from the IRS on Nov. 30, 2011

Posted on November 15, 2011 by Administrator

On Nov. 30, 2011, the IRS is holding a free phone forum on the Self Correction Program (SCP) and the Closing Agreement Program (CAP). It will focus on: (1) current EPCRS issues found in SCP and CAP cases; (2) procedures … Continue reading →

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ERPAs and the PTIN Requirement – as Clear as Mud

Posted on November 3, 2011 by Administrator

Today, Nov. 3, 2011, the IRS issued Notice 2011-91 on Certain Enrolled Retirement Plan Agents Not Required to Obtain a PTIN. The notice is a short 2-pages long. It states that the IRS intends to amend Circular 230 to remove … Continue reading →

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ESOP/KSOP Determination Letter Backlog Here to Stay (for now)

Posted on November 1, 2011 by Administrator

I was fortunate to attend the IRS phone forum on ESOP determination letters last Friday. The webinar was very good. The IRS addressed a number of outstanding issues, and provided some handy tips. First, the IRS acknowledged that there is … Continue reading →

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