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Florida Network of Youth and Family Services Quality Improvement Program ReportReview of Ethel Community Foundation on 05/08/2017page 1 / 17Quality Improvement Review Ethel Community Foundation 05/08/2017
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Qi program review is a review process designed to assess the effectiveness of a Qualified Intermediary's compliance with the requirements set forth by the IRS.
Any Qualified Intermediary (QI) that has entered into a Qualified Intermediary Agreement with the IRS is required to file a qi program review.
Qi program review can be filled out online through the IRS website or submitted by mail. The form must be completed accurately and all requested information must be provided.
The purpose of qi program review is to ensure that Qualified Intermediaries are in compliance with IRS regulations and to maintain the integrity of the Qualified Intermediary program.
Qi program review requires information related to the QI's compliance with withholding and reporting requirements, due diligence procedures, and any changes in its internal procedures.
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