How the 2017 Announced IRS LB&I Compliance Campaigns are a Predictor of the Future Direction of IRS Examinations

This presentation will cover the 2017 LB&I compliance campaigns. These compliance campaigns represent a new enforcement approach by the IRS, focusing on specific issues with a risk on non-compliance as opposed to identifying taxpayer tax returns to examine and uncover issues. In the same way the wealth squad holistic examination approach filtered down from LB&I to SB/SE, tax practitioners should expect this compliance campaign approach to filter down as well. The presentation will include examples of the IRS already implementing this issue-centric approach in routine SB/SE examinations and what may become routine examination enforcement compliance campaigns in the future.

Click here to listen to the podcast >