Kathleen Salas Bass explains that IRS audits don’t always target the most recent plan year—sometimes they go back several years. 

It’s often difficult to find older records, which makes preparation critical. 

#IRSAudit #BenefitsPlans #HRCompliance #PlanSponsor #RetirementPlans

Doll Lank describes how the IRS reviews data from Form 5500 filings stored in its database. 

The system scans for red flags or inconsistencies that may require closer inspection. 

#IRSAuditProcess #Form5500 #BenefitsPlans

Kathleen Salas Bass explains that when it comes to benefit plans, “end of the year” doesn’t always mean December 31st. 

#BenefitsPlans #OpenEnrollment #YearEndPlanning #HRCompliance #EmployeeBenefits