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The IRS is launching an audit program designed to reduce the time and burden of retirement plan audits. Check out the FAQs 

New audit standards for filing Form 5500 from a CPA firm specializing in 401(k) audits. Discusses areas of frequent non-compliance and offers proactive suggestions.

DOL has begun an audit initiative focused on retirement plan cybersecurity practices. Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s r...