Doll Lank advises that the very first step after receiving an IRS audit notice is to engage ERISA counsel. 

#IRSAudit #BenefitsCompliance #PlanSponsor

Doll Lank explains that no one truly knows what triggers an IRS audit of a benefit plan.

This electronic filing is the IRS’s main communication tool for identifying potential audit targets.

#IRSAudit #Form5500 #BenefitsCompliance

Kathleen Salas Bass points out that poor time management is one of the biggest mistakes employers make at year-end. 

#HRTips #YearEndPlanning #BenefitsCompliance #PlanManagement #EmployeePlans

Kathleen Salas Bass shares that each type of benefit plan has specific notice requirements. 

For example, Safe Harbor and auto-enrollment plans require annual notices before the new year.

#RetirementPlans #BenefitsCompliance #PlanAmendments #SafeHarborPlans #HRUpdates