How Scary is the IRS?  Retirement Plan Audits and Determination Letters

Brennan Reilly will be speaking about his recent experience with Internal Revenue Service audits of qualified retirement plans and about the consequences of the end of the determination letter program for individually designed retirement plans.  After attending you will know

• How to manage your retirement plan vendor to ensure you are ready for an IRS audit.
• When to agree to extend the statute of limitations and how to do so.
• What to expect in the way of document and information requests.
• How to voluntarily disclose operational errors.
• How to voluntarily correct operational errors and negotiate sanction amounts.
• What to expect if the IRS stops issuing individually designed determination letters.

Brennan is an attorney with a practice devoted to employee benefits and executive compensation matters.  He is the sole shareholder of D. Brennan Reilly, P.C.