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Five Things You Need to Know Now About the New Partnership Audit Rules

By Amanda Wilson on Mar 1, 2016 in audit, Congress, government, IRS, Tax, budget, International

By:  Amanda Wilson For a discussion of the five things you need to know now about the new partnership audit rules, please read my recent article found here.

More Information about New Partnership Audit Rules

By Amanda Wilson on Nov 10, 2015 in audit, government, IRS, tax audit, budget, Partnership Tax

By:  Amanda Wilson A more detailed discussion of the impact of the new partnership audit rules can be found here.

IRS Reviewing Fewer Business Returns

By Amanda Wilson on Mar 3, 2015 in audit, budget, Business Owners, IRS, Tax, Federal Income Tax, International

By:  Amanda Wilson The IRS announced yesterday that it examined 6 percent fewer tax returns in 2014 than 2013.  In addition, the total number of tax exams for business returns has dropped to the lowest level in eight years.  For large corporations,...

Budget Woes Continue to Hit IRS

By Amanda Wilson on Feb 25, 2015 in budget, code, IRS, Tax

By:  Amanda Wilson Earlier this week, IRS Commissioner Koskinen delivered a speech that discussed the challenges that the IRS continues to face as a result of budget reductions.  IRS staffing is already down 13,000 full time employees since 2010,...