Alert / Retirement
Nonqualified Plans Make Attractive Targets for the IRS

Responding to perceived significant issues with nonqualified plans, the IRS recently updated decade old guidelines for their regulation.  The publication the institution’s Audit Technique Guides suggests that the IRS will no longer take a soft approach to the regulation of nonqualified plans.

The attached issue of The Beacon details the three areas of focus for plan audits and highlights potential problems to avoid.

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