IRS Updates EPCRS and Expands Self-Correction Program in Rev. Proc. 2019-19 | Practical Law
The Internal Revenue Service (IRS) issued Revenue Procedure 2019-19 (Rev. Proc. 2019-19), which updates the Employee Plans Compliance Resolution System (EPCRS) by expanding the Self-Correction Program (SCP) to cover certain qualified retirement plan document and loan failures.