IRS Update: Recent Developments and Emerging Issues

The IRS has indicated it is hiring thousands of agents as it gears up for a significant increase in the number of audits of large multinational taxpayers and high-income individuals. How can you prepare for this upcoming surge in enforcement, and what actions should you take to respond to tax controversy challenges that may be on the horizon? We’ll discuss:

• An IRS operational update to include service-wide hiring initiatives
• What taxpayers and practitioners may expect from examinations this year, including recent issues and trends