IRS Revenue Procedure 2016-51 Updates EPCRS to Consolidate Prior Guidance and Incorporate Changes to Determination Letter Program | Practical Law
The Internal Revenue Service (IRS) issued Revenue Procedure 2016-51, which modifies the Employee Plans Compliance Resolution System (EPCRS) to account for the changes made to the determination letter application program under Revenue Procedure 2016-37 and makes several other important changes relating to user fees and sanctions imposed under EPCRS. Revenue Procedure 2016-51 also incorporates modifications to EPCRS from Revenue Procedures 2015-27, 2015-28, and 2016-8.