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Legislative Update January 2016 IRS Compliance Questions Added to Form 5500, Form 5500 Filing Extension Repealed Multiple developments affecting filers of the Form 5500 occurred in December. As described
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IRS compliance questions may need to be added by individuals or businesses who are required to report specific information to the IRS. This may include taxpayers who are filing their annual tax returns, businesses that have certain reporting requirements, or individuals and organizations involved in specific financial activities that require compliance with IRS regulations.
It is important to note that the need for IRS compliance questions will vary based on individual circumstances and regulatory requirements. If you are unsure whether you need to add IRS compliance questions, it is recommended to consult a tax professional or review the relevant IRS guidelines and forms.

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