IRS Audit Success Needs Mutuality, Self-Awareness: Experts

Law360, New York (March 19, 2014, 5:15 PM EDT) -- Companies that are navigating the IRS’s audit process and newly streamlined information document request protocol should treat the process like a partnership and be mindful that the agency is striving to establish meaningful relationships with taxpayers, experts said Wednesday in a Deloitte LLP webcast.

In recent months, the agency’s Large Business & International division has issued a series of directives that streamline its information document request process by establishing stricter deadlines and requiring the agency to issue highly specific information requests. But taxpayers also need to...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.