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Fiduciary & Pension Tax Compliance

Fiduciary and Pension Tax Compliance

The operation of a qualified retirement plan can often be a challenge as plans are subject to many complex laws.  The Wolf Law Group, P.C. serves as a trusted guide to our clients to navigate through the rules so that our clients can run their businesses and generate the profits necessary to fund their plans and secure the benefits. The Wolf Law Group, P.C. provides our clients with better service and greater protection. Some of these services provided by the Wolf Law Group are:

Preparing Qualified Plan Documentation

Preparing Plan Terminations, including IRS and/or PBGC Standard or Distress Termination Applications

Handling IRS, DOL (Department of Labor) and PBGC Plan Audits

Submitting and Negotiating Determination Letter and Private Letter Ruling Applications

Submitting and Negotiating Prohibited Transaction Exemption Applications and DOL Advisory Opinion Requests

Submitting and Negotiating Funding Waiver Applications

Preparing Qualified Domestic Relations Order (“QDRO”) Procedures and Analyzing and Reviewing QDROs

Analyzing and Advising on Related Entities

Serving as Special ERISA Counsel in connection with Corporate Mergers, Acquisitions and Reorganizations

IRS & DOL Voluntary Correction Programs

The IRS has established the Employee Plans Compliance Resolution System (“EPCRS”), which gives plan sponsors the opportunity to correct many plan qualification defects and operational failures at reduced or no cost. Similarly, the DOL has established The Delinquent Filer Voluntary Compliance Program and the Voluntary Fiduciary Compliance Program which enable plan sponsors to self correct reporting and fiduciary issues relating to their qualified plan. The Wolf Law Group, P.C. is experienced in all aspects of EPCRS including Self Correction Programs (“SCP”) and Voluntary Correction Programs (“VCP”). The Wolf Law Group, P.C., together with The Wolf Pension Group, LLC, also has experience using the DOL’s correction program to assist our clients in bringing their Plans back into compliance with reporting and disclosure requirements.

Let’s Talk Fiduciary & Pension Tax Compliance