At The Podium
Lessons Learned From a Retired IRS Auditor: Best practices to stay prepared for a benefit plan audit
Brandon P. Long
The heat is on, and employers are feeling the pressure like never before. A changing workforce, uncertain economy, ever-changing (and sometimes conflicting) laws with no clear guidance, hidden surprises in the law, ramped-up enforcement initiatives by state and federal authorities, and the increased potential for litigation only add to the pressures of everyday life in the workplace.
In their presentation titled “Lessons Learned From a Retired IRS Auditor: Best practices to stay prepared for a benefit plan audit,” employee benefits attorney Brandon Long is joined by special guest Ed Salyers, a CPA and former IRS auditor, to give employers an insider’s look into what the IRS looks for when conducting a benefit plan audit. The presentation includes a review of common errors, correction options available to employers under the Employee Plans Compliance Resolution Program (EPCRS), and the continuing need for employers to conduct self-audits.