![aafdf33f-7a4b-4682-8e1b-b014c4dc39ad aafdf33f-7a4b-4682-8e1b-b014c4dc39ad](https://johnrdundon.com/wp-content/uploads/2014/05/aafdf33f-7a4b-4682-8e1b-b014c4dc39ad.jpg)
Form 5500 Pension Plan Penalty Filing Relief
For those of you like me presently wrestling with this issue the IRS recently came out with the following:
Revenue Procedure 2014-32 establishes a one-year pilot program to provide relief to plan administrators who fail to timely file Form 5500 EZ.
Revenue Procedure 2014-32 will be published in Internal Revenue Bulletin 2014-23 on June 2, 2014.
Notice 2014-35 applies administrative relief to late filers of Form 5500 who satisfy the requirements of this notice and the Delinquent Filer Voluntary Compliance (“DFVC”) Program administered by the Department of Labor (“DOL”) Employee Benefits Security Administration.
Notice 2014-35 will be published in Internal Revenue Bulletin 2014-23 on June 2, 2014.
Basically it cannot be done with just a phone call anymore…
Recent Posts
- Understanding IRS CP59 Notice 03/02/2024
- Sales Tax on Professional Services Rendered in Colorado 02/07/2024
- Reasonable Compensation and the S Corp Owner 02/07/2024
- DO SOLAR PANELS SAVE YOU MONEY AND HELP ADVANCE THE PLANETS WELL BEING? 1 USEFUL EXAMPLE. 02/06/2024
- Colorado’s New MYUI+ Employer System 02/06/2024
Categories
- 1031 Exchange (6)
- 1065 (1)
- 1095A (1)
- 1231 Exchange (2)
- 199A (2)
- AAA (1)
- ABLE Account (1)
- Abusive Tax Shelter (1)
- Acceptance Agent (1)
- Accounting Method (1)
- Accumulated Adjustment Account (2)
- Adoption (1)
- Affordable Care Act (4)
- Alien (5)
- Alimony (1)
- Alter Ego (1)
- Amended Tax Return (1)
- Amortization (2)
- Appeals & Audit Resolution (3)
- Asset Classification (5)
- Asset valuation (2)
- At-Risk Limitations (1)
- Audit Reconsideration (2)
- Audit Technique Guide (1)
- Back Taxes Owed (1)
- Basis (6)
- Bitcoin (2)
- Business Expense (17)
- Business Income (6)
- Business Losses (1)
- Business Structure (4)
- Canada (1)
- Capital Gain (5)
- Capital Lease (1)
- Capital Loss (5)
- Cash (1)
- Cash Transaction (2)
- CDLE (1)
- Celiac (1)
- Certifying Acceptance Agent (1)
- CFC (1)
- Charitable Contribution (9)
- Child Tax (2)
- Children (3)
- China (1)
- Church Pastor Religion (1)
- Colorado Department of Labor & Employment (3)
- Colorado Department of Labor and Employment, Colorado Unemployment Insurance, John R. Dundon II (1)
- Colorado Department of Revenue (9)
- Colorado Department of Revenue|Colorado Income Tax (3)
- Colorado Department of Revenue|Colorado Income Tax|Composite Tax Return|Partnership|Sub-chapter S (3)
- Colorado Department of Revenue|Colorado Income Tax|Sales Tax|Uncategorized|Use Tax (4)
- Colorado Department of Revenue|Sales Tax|Use Tax (4)
- Colorado Income Tax (7)
- Colorado Retail Delivery Fee (2)
- Colorado Sales Tax (6)
- Colorado SALT Parity Act (2)
- Colorado Sick Leave (2)
- Competent Authority (1)
- Composite Tax Return (1)
- Corporation (5)
- Cost Basis (4)
- Cost Segregation (1)
- Data Protection (1)
- Death (1)
- Deductible Expense (6)
- Dependent (1)
- Depreciation (6)
- Digital Currency (1)
- Disability (2)
- Disallowed Expenses (4)
- Disaster Loss (1)
- Disclosure (1)
- Distributions (3)
- DIY (2)
- Donor Advised Fund (2)
- Earned Income Tax Credit (2)
- Education Expense (1)
- Employee Business Expense (7)
- Employment Tax (7)
- energy efficiency (1)
- Energy Efficient Home Improvement Credit (1)
- Enrolled Agent (3)
- Entertainment (1)
- Entity Classification (3)
- environmental protection (1)
- Estate Tax (5)
- Estimated Taxes (1)
- Expatriation (3)
- Extension (5)
- Family (1)
- FATCA (2)
- FBAR (7)
- FICA (3)
- Filing Status (1)
- financial savings (1)
- FIRPTA (1)
- Foreign Income (12)
- Foreign Investment (9)
- Foreign Tax Credit (1)
- Form 5500 (1)
- FSA (1)
- FTC (1)
- FTE (1)
- Generation Skipping Transfer Tax (3)
- Gift Tax (6)
- government incentives (1)
- green living (1)
- Health Care Tax Credit (1)
- Health Insurance (3)
- HEalth Savings Account (2)
- Healthy Families and Workplace Act (1)
- home improvement (1)
- HRA (1)
- HSA (2)
- Husband/Wife (1)
- Immigrant (3)
- Income (1)
- Independent Contractor (1)
- Individual Taxpayer Identification Number (2)
- Inflation Reduction Act (1)
- Installment Agreement (1)
- International Tax (17)
- Intuit (1)
- Investment Income (2)
- IRA (4)
- IRB 2006-49 (1)
- IRS (2)
- IRS Appeal (10)
- IRS Appeal|IRS Audit|IRS Centralized Insolvency|IRS Collections|IRS Enforcement|IRS Examination|IRS Levy|IRS Lien|IRS Mediation|IRS Penalties|IRS Penalty and Interest Abatement (1)
- IRS Audit (11)
- IRS Centralized Insolvency (4)
- IRS Collections (13)
- IRS Criminal Enforcement (5)
- IRS Crisis (3)
- IRS Enforcement (22)
- IRS Examination (17)
- IRS FAQ (2)
- IRS Form 1065 (1)
- IRS Form 5695 (1)
- IRS Levy (7)
- IRS Lien (6)
- IRS Master File (1)
- IRS Mediation (9)
- IRS Notice (1)
- IRS Penalties (18)
- IRS Penalty and Interest Abatement (16)
- IRS Research (2)
- IRS Transcript (6)
- Israel (1)
- ITIN (18)
- Japan (1)
- John R. Dundon II (3)
- K1 (1)
- Kiddie Tax (1)
- Lease (1)
- Legacy Planning (1)
- Licensed Tax Professional (2)
- Like/Kind Exchange (1)
- Limited Partnership (4)
- Liquidating Distribution (2)
- LLC (5)
- M-2 (1)
- Marijuana (2)
- Material Participation (4)
- Meal Expense (1)
- Medicaid Waiver (1)
- Medical Expenses (5)
- Medicare (3)
- MSA (1)
- Net Operating Loss (1)
- Non-filed Tax Returns (1)
- Non-profit (1)
- ObamaCare (4)
- Offshore account (2)
- ow solar panel expenses can qualify for tax credits (1)
- Partnership (9)
- Passive Activity (7)
- Patent (1)
- PATH Act 2015 (1)
- Paying Taxes (6)
- Payroll Tax Problems (6)
- Penalty (5)
- Pension Plan (2)
- PPP Loan (1)
- Premium Tax Credit (2)
- Probate (1)
- Professional Athlete (1)
- Publications (4)
- QCD (1)
- Qualified Charitable Distribution (1)
- R&D (1)
- Real Estate Professional (1)
- real-life example of solar panel tax credits (1)
- Reasonable Compensation (1)
- Recharacterization (1)
- Records (1)
- renewable energy (1)
- Rental Real Estate (6)
- Required Minimum Distribution (1)
- Research Tax Credit (2)
- Residential Clean Energy Credit (1)
- Residential Energy Credits (1)
- Retained Earnings (1)
- Retirement (7)
- RMD (2)
- Rollover (2)
- S Corp (1)
- Sales Tax (2)
- Sales Tax on Services Rendered (1)
- Schedule C (1)
- Schedule E (1)
- Schedule K (1)
- Self Employ (5)
- Self Rental (1)
- Sharing Economy (1)
- SHOP (1)
- Small Business (11)
- Social Security (5)
- Social Security Tax (4)
- Solar Panel (1)
- solar panel tax credits for businesses (1)
- solar panel tax credits for homeowners (1)
- solar panel tax credits for the government (1)
- solar panels (1)
- Sole Proprietor (6)
- SSI (1)
- SSTB (1)
- Start up costs (2)
- Statutory Notice of Deficiency (1)
- Stepped Up Basis (1)
- Stimulus Payment (1)
- STSB (1)
- Sub-chapter S (13)
- sustainable living (1)
- Tax Abuse (9)
- Tax Court (11)
- Tax Credit (8)
- tax credits (1)
- Tax Deductible Expenses (14)
- Tax Filing Status (3)
- Tax Fraud (2)
- Tax Guidance & Preparation (41)
- Tax Organizer (1)
- Tax planning (6)
- Tax Preparer (8)
- Tax Problems & Requests (18)
- Tax Reform (4)
- Tax Refund (2)
- Tax Relief (8)
- Tax Treaties (4)
- Taxable Income (3)
- Taxpayer Advocate (1)
- Taxpayer Identification Number (3)
- TCJA (2)
- Theft Loss (1)
- Transfer pricing (1)
- Trump Taxes (1)
- Trusts (2)
- TurboTax (2)
- UBTI (1)
- Uncategorized (8)
- Uncertain Tax Position (5)
- Unemployment (2)
- Unemployment Insurance (1)
- United States Treasury (3)
- Virtual Currency (2)
- W-2 (2)
- W-4 (1)