Penalty Relief Pilot for Small Retirement Plans Begins in June

"The Internal Revenue Service will begin a one-year pilot program in June to help small businesses with retirement plans that owe penalties for not filing reporting documents. By filing current and prior year forms during this pilot program, they can avoid penalties."

For more information:http://www.irs.gov/uac/Newsroom/Penalty-Relief-Pilot-for-Small-Retirement-Plans-Begins-in-June