Preparing Form 5500

Description

This course offers a practical review of Form 5500 (including 5500SF and 5500EZ) and discusses related schedules, procedures and enforcement. Find out what has changed by studying updated schedules and new forms required for the current reporting year. You’ll also receive step-by-step instructions to more accurately and efficiently prepare or review Form 5500 and learn how to file delinquent forms using the DOL's EFAST2 electronic system. This class is designed to quickly get you pudated on the latest filing requirements to ensure DOL and IRS compliance.

Highlights

• Required Electronic Filing (EFAST2) rules
• Forms 5500 and 5500-EZ
• Nuances and schedules associated with Form 5500
• Reporting and disclosing compliance issues
• Reporting delinquent contributions
• Failure to file

Objectives

• Understand the issues involved in preparing Form 5500.
• Review Form 5500 and related regulatory changes.
• Learn the latest disclosure requirements, particularly those related to reporting direct/indirect fees or compensation.

Designed For

CPAs, attorneys, enrolled agents and other professionals who prepare Form 5500 or who want to add the preparation of Form 5500 to their practice.