Can a Plan Sponsor receive acknowledgement from the IRS after it files a VCP submission?
The Service will acknowledge receipt of a submission if the Plan Sponsor or the Plan Sponsor’s representative completes the Acknowledgement Form as found in Appendix E of Revenue Procedure 2008-50, and includes it in the submission. A photocopy of the Acknowledgement Form in Appendix E may be used.
Related Questions
- Is a plan eligible for VCP if the plan or Plan Sponsor is or has been a party to an Abusive Tax Avoidance Transaction?
- What happens if the IRS and Plan Sponsor fail to reach resolution regarding the appropriate correction of a failure?
- For a VCP submission, what information must the Plan Sponsor supply with respect to correction of the failures?
