IRS Updates Employee Plans Compliance Resolution System

On August 14th, the IRS released Revenue Procedure 2008-50. Rev. Proc. 2008-50 is 179-pages long, and updates the Employee Plans Compliance Resolution System (EPCRS), which the IRS last updated in 2006 with Rev. Proc. 2006-27.

The IRS has issued a number of handy guides to Rev. Proc. 2008-50, including:

  • A 6-page summary which compares the changes to EPCRS by Rev. Proc. 2008-50;

[tag]pension protection act, EPCRS, Rev Proc 2008-50, Rev Proc 2006-27, IRS, ERISA[/tag]

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