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AI TRENDS FOR 2022 - THE IRS WILL USE INCREASED BUDGET RESOURCES TO ACHIEVE A MAIN OBJECTIVE

The IRS plans to audit the wealthiest corporate, partnership, and individual taxpayers to achieve some of its main objectives in 2022. In his recent testimony before Congress, IRS Commissioner Charles P. Rettig...more

IRS Reissues Proposed Regulations for Centralized Partnership Audit Regime

The new rules represent a complete overhaul of partnership audit, assessment, and collection procedures. Taxpayers should review and potentially amend partnership agreements before the new rules are scheduled to take effect...more

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