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The Internal Revenue Service (IRS) and the Department of Labor (DOL) conduct different types of benefit plan audits, such as retirement plans and health and welfare plans, and for various reasons.
The Internal Revenue Service (IRS) and the Department of Labor
(DOL) conduct different types of benefit plan audits, such as
retirement plans and health and welfare plans, and for various
reasons. In a presentation, Jeffrey Holdvogt and Maggie McTigue
discuss IRS and DOL audit triggers, the process for each and what
to do if your plan is audited. They also discuss the top audit
issues and actionable steps companies can take to avoid audits and
compliance issues.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.