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Breakfast Forum - New EPCRS Procedures

  • Thursday, February 21, 2013
  • 7:30 AM - 9:30 AM
  • Hyatt Regency Irvine, 17900 Jamboree Road, Irvine


Registration is closed

Happy New Year from the IRS; The New EPCRS Procedures are here!  On December 31, 2012, the IRS issued much anticipated updated procedures for correcting plan defects under its Employee Plans Compliance Resolution System ("EPCRS").  Among other changes, the new procedures open the door for 403(b) plan document corrections and provide a limited time discount on the VCP fee for those submissions.  Avaneesh Bhagat, Group Manager for the IRS Voluntary Compliance Group in El Monte, California, and Sherrie Boutwell of Boutwell Fay LLP will lead an interactive discussion of the new procedures, so bring your EPCRS questions and get some answers!

Doors open at 7:30 a.m. for check-in, breakfast and networking.  Our program will begin at 8:00 a.m. and will end at approximately 9:30 a.m.  The registration fee includes a full breakfast buffet and hosted parking in the self-parking lot at the Hyatt.

The reservation deadline for this event is Friday, February 15.

About our speakers:

Avaneesh Bhagat is the Group Manager for the IRS Voluntary Compliance Group in El Monte, California.  His responsibilities include assisting with the resolution of applications made under VCP, assisting with the development of the revenue procedure relating to the correction programs for qualified plans, providing information on correction programs, and responding to inquiries relating to plan corrections and potential VCP applications.  Avaneesh has worked with the examination, determination letter and voluntary compliance functions of the IRS' Employee Plans Division since 1988.

Sherrie Boutwell is a Partner with Boutwell Fay LLP in Irvine, California.  Ms. Boutwell has specialized for nearly thirty years in the areas of employee benefits law and ERISA, with an emphasis on retirement and deferred compensation plans.  She has provided legal counsel to employers, employees, plan fiduciaries (including plan trustees and administrators), financial institutions, government agencies and trade associations on a broad range of employee benefits matters.  She was a regular contributing editor to and wrote numerous articles for The 401(k) Advisor (Panel Publishers) from 1994-2000 and is the author of Quick Reference to Plan Corrections: Correcting Pension Plans with EPCRS and VFCP (Panel Publishers) 2000-2003.  Ms. Boutwell obtained her J.D. from UCLA.

Please feel free to reach out to WP&BC with any questions.

Direct Questions To:

Christine Stewart,
Chapter Administrator


(949) 407-9128


Orange County Chapter
PO Box 6111
Garden Grove, CA 92846

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