Greater IRS enforcement: What’s next for taxpayers?

Greater IRS enforcement: What’s next for taxpayers?

With the potential of a new, experienced commissioner and an increased budget from the IRA, impending IRS changes include technology improvement, increased hiring and training, reorganization efforts, and an expected increase in tax examinations. Certain areas of examination, such as partnership structures, are already seeing these effects. Proactivity is going to be key for companies preparing for greater enforcement. In this episode, Deloitte tax controversy specialists Matt Cooper and Jason Dimopoulos discuss how companies can start preparing for increased enforcement and what to do if they receive an IRS examination notice.

There are several key considerations for responding to IRS examinations: Be proactive, provide context and emphasize facts through documentation, and establish appropriate procedures for responding.

—Matt Cooper

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