Several IRS officials have recently announced that the IRS is currently reorganizing its audit operations. The IRS is attempting to streamline audits for the nation’s largest companies through the use of new forms like the Schedule UTP and the establishment of new resolution programs. While the IRS will likely have some type of presence at the nation’s largest taxpayers, the goal of the IRS is to devote more resources to audits for mid-sized taxpayers, including S corporations, partnerships and smaller C corporations. The IRS is also increasing the size of its international auditors due to the increasing volume and complexity of international transactions.
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Audits
- Baldwin Haspel Burke & Mayer
- USA
- May 1 2012
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Philip I. Weis
Senior Corporate Counsel
Pfizer
