by Krystal Kowall, CPA | Construction, Healthcare, Manufacturing, Oil & gas, Real Estate, Tax
In Summary Expansion of the Employee Plan Compliance Resolution System (EPCRS), effective immediately upon enactment, permits employers to self-correct a wider array of eligible inadvertent plan errors without IRS disclosure, including certain plan loan failures....
by Krystal Kowall, CPA | Construction, Healthcare, Manufacturing, Tax
Since the start of the pandemic, the IRS has faced significant struggles attempting to process individual, and certain federal business tax returns. The combination of new tax law implementation, processing of several economic stimulus payments, administration of...