DOL Correction Programs: Tax and Audit Implications

Session Date: 
May 8th, 2017 - 4:10PM5:25PM

Track:

This session will review the Department of Labor’s Voluntary Fiduciary Compliance Program (VFCP) and Delinquent Filer Voluntary Compliance Program (DFVCP), including an overview of the objectives of each program, eligibility, and application procedures, as well as audit and tax implications of using the respective programs.

Attendees will be able to:

  • Understand the Department of Labor’s Voluntary Fiduciary Correction Program (VFCP), including basic objectives of the program, application procedures, and costs and advantages of the program
  • Understand the Department of Labor’s Delinquent Filer Voluntary Correction Program (DFVCP), including basic objectives of the program, application procedures, and costs and advantages of the program
  • Understand audit and tax implications of using the respective programs

Field of Study:

Session Type:

Skill Level:

Speaker(s) Speaker Details Session(s)
Scott Albert U.S. Department of Labor, EBSA, Washington, DC 24, 102, 203
Alice Wunderlich CPA, Partner, Deloitte & Touche LLP, Chicago, IL 209, 24
Stephen Swirnow J.D., Vice President & Senior Legal Counsel, T. Rowe Price Associates, Inc., Owings Mills, MD 24
Jennifer Del Nero Associate Regional Director, Employee Benefits Security Administration, Atlanta, GA 59B, 24, 30, 43, 203

Field of Study Legend

Accounting
Auditing
Behavioral Ethics
Business Management & Organization
Economics
Personal Development
Specialized Knowledge
Tax

Skill Levels Legend

L1 - Level 1
L2 - Level 2
L* - Level 1 & Level 2