IRS Looks to Improve Large Business and International Exam Process - UCBJ - Upper Cumberland Business Journal

IRS looks to improve large business and international exam process - UCBJ - Upper Cumberland Business Journal

Memo clarifies that AIR applies to Large Corporate Cases The Internal Revenue Service today issued a memorandum highlighting changes aimed at reducing case cycle times for corporate taxpayers, making examinations more customer-driven, consistent and efficient.  The Interim Guidance Memorandum (IGM), Reinforcing the Customer Focused, High Efficiency Large Business & International Examination Process, fosters a culture of collaboration […] The pos…

Congress to IRS: Stop the Witch Hunt of Business Partnerships

Maybe the Republicans on the House Ways & Means Committee have been reading HOTLINE. They’re instructing the IRS to stop harassing millions of business partnerships. “American taxpayers and businesses deserve clear and consistent tax rules that allow them to confidently comply with the law,” said Rep. Lloyd Smucker (PA-11). “Reconsidering this relic of the Biden administration’s IRS would remove a contradictory compliance burden and help instil…