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The IRS Tax Exempt & Government Entities Division (TE/GE)
has updated its 2021 Program Letter to
announce eight new compliance initiatives. Click here for our prior coverage of the
TE/GE 2021 Program Letter. These initiatives address potential
areas of noncompliance for both small and large exempt
organizations.
The eight new TE/GE compliance initiatives are:
Small Exempt Organizations that Sponsor Retirement
Plans. This strategy reviews retirement plans of
small exempt organizations to determine whether the plan
investments are properly administered, whether there are any
party-in-interest transactions in the plan trust, and whether any
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