VCP

(redirected from Voluntary Correction Program)
AcronymDefinition
VCPVMware Certified Professional
VCPVoIP (Voice over Internet Protocol) Control Panel
VCPVerband Christlicher Pfadfinderinnen und Pfadfinder (German Scouts)
VCPVoluntary Cleanup Program
VCPVideo Cassette Player
VCPVoluntary Correction Program (IRS)
VCPVitrified Clay Pipe
VCPVios Club Philippines (Toyota Vios)
VCPVeritas Certified Professional
VCPVariable Camshaft Phasing
VCPVisual Calendar Planner
VCPVisual C++
VCPVisual Call Pick-up
VCPVario Cam Plus
VCPVirtual Control Program
VCPVietnamese Communist Party
VCPVictim Compensation Program
VCPVehicle Check Point
VCPVienna Capital Partners (Vienna, Austria)
VCPVirtual Control Panel
VCPVista Codec Package (software)
VCPVictorian College of Pharmacy (Australia)
VCPVariable Cost Productivity
VCPViral Coat Protein (gene)
VCPVirtual Communication Port (Windows driver)
VCPDivision Vice Captain
VCPVisual Comfort Probability (interior lighting)
VCPVariable Compensation Program (various companies)
VCPVictims of Crime Program (State of California)
VCPVillage Concept Project
VCPVehicle Control Program (US Air Force)
VCPVirtual Community Platform
VCPVolume Coverage Patterns
VCPVoluntary Cooperation Programme (meteorology)
VCPVideo Co-Processor
VCPValue Chain Portfolio (MatrixOne)
VCPVerenigde Communistische Partij (Dutch political party)
VCPPhotographic Composite Squadron (US Navy aviation unit designation used from 1959 to 1961)
VCPVector Control Processor
VCPVirtual Channel Processor
VCPVertical Clay Pipe
VCPVehicle Collecting Point
VCPVector Coprocessor
VCPVice Division Captain
VCPVertical Control Point
VCPVendor Current Promise (Sprint)
VCPVariable and Constant Perturbation
VCPVoice Content Provider (voice portal content provider)
VCPVery High Speed Integrated Circuit Communications Processor
VCPViracopo Airport, Sao Paulo, Sao Paulo, Brazil (Airport Code)
VCPVirtual Circuit Profile (Nortel)
VCPVoluntary Contribution Premium (insurance)
References in periodicals archive ?
Voluntary Correction Program (VCP) with IRS approval; and
Otherwise, the failure would have to be addressed by submitting an application to the IRS under its Voluntary Correction Program (VCP).
The Internal Revenue Service (IRS) updated and expanded its Employee Plans Compliance Resolution System (EPCRS)with additional corrections for 403(b) plan failures, revised submission procedures for the Voluntary Correction Program (VCP) and changes to safe harbor correction methods and fee structures.
A 403(b) plan sponsor may use the Voluntary Correction Program (VCP) under EPCRS to correct a failure to timely adopt a written 403(b) plan document.
It has two components: the Self-Correction Program (SCP) and the Voluntary Correction Program (VCP).
Establish a voluntary correction program for cafeteria plans similar to the Employee Plans Compliance Resolution System (EPCRS).
If a plan does not have a properly drafted exclusion, the plan sponsor should consider using the IRS's Voluntary Correction Program to cure the document defect.
They are the Self-Correction Program, the Voluntary Correction Program and the Audit Closing Agreement Program.
To enforce the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), PWBA investigates employee benefit plans, conducts public education, and has begun a new voluntary correction program.
Once the error is found, if the plan has no provision for a cure period, or if the cure period has elapsed, the plan administrator may seek relief under the IRS Voluntary Correction Program (VCP).
The IRS requires use of the Voluntary Correction Program (VCP) component of the Employee Plans Compliance Resolution System (EPCRS) to request approval of this type of retroactive amendment.
This is why Drinker Biddle & Reath sent a letter to Phyllis Borzi, assistant secretary of labor at the Department of Labor (DOL) Employee Benefits Security Administration (EBSA), laying out the foundation for a voluntary correction program for 408(b)(2) failures.
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