The Internal Revenue Service has announced that it is introducing two new tools to help small businesses keep their employee retirement plans compliant with federal tax law. The tools are as follows:
The Newsletter has a section entitled, "We're With the Government and We're Here to Help You." (It is great to know the IRS has a sense of humor. Remember that line when you're audited. :-)
You can read more about how the IRS has used these checklists in the past in this previous post entitled "Plan Information or Pre-Audit Preparation Packets?"
Posted by B. Janell Grenier at May 18, 2004 05:29 PM