IRS Updates and Expands its Retirement Plan Qualification Correction Program, Journal of Taxation, Vol. 118 No.3

This article was originally published in Volume 118, Number 03, March 2013 of the Journal of Taxation (Thomson Reuters/WG&L)

By and large, plan sponsors and administrators will welcome the changes made by the Service to both the substantive and administrative provisions of the correction program. IRS seems ready to continue to make the process both easier and less expensive for taxpayers.