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IRS Issues Updated Compliance Initiatives For Exempt Organizations - Tax

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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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IRS Reveals Retirement Plan Compliance Initiatives

IRS Reveals Retirement Plan Compliance Initiatives
The agency plans to examine worker classifications, RMDs in large DB plans and participant loans, as well as do a compliance check about partial plan termination and partial vesting, among other things.
Reported by
The IRS Tax Exempt & Government Entities Division (TE/GE) has a released a new 2021 Program Letter to update its compliance initiatives for its fiscal year.
The agency says it will continue to pursue its compliance program described in the 2020 Program Letter. The letters for both years are available on a webpage the IRS will use to share information about other initiatives at the end of each quarter during the fiscal year, as well as findings from recently completed actions. ....

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Department Of Labor Will Provide Additional Benefits For Those Who Refuse 'Unsafe' Work | Roetzel & Andress

On February 25, 2021, the Department of Labor (DOL) issued guidance in the form of a Program Letter based upon President Biden’s recent directive to ensure unemployment benefits are. ....

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