Event Description
TEI Cincinnati / Columbus Chapter - TEI's IRS Administrative Affairs Meeting Hosted by Crowell & Moring
Managing IRS Tax Audits and Appeals
Agenda
I. Introduction of Crowell & Moring Tax Team (Carina Federico, Starling Marshall, Chris Gurley)
II. IRS Examination Developments and Hot Topics: Discussion of the LB&I enforcement focus areas, including the use of IRA funding, LB&I campaigns and specific audit issues.
a. Large Corporate Compliance Program and Audit Selection: Discussion of how the IRS selects cases for audit
b. Summary of key tax cases (and other cases that will affect tax) to watch this year
c. IRS Examination Best Practices- What to do before an Audit Begins, how the IRS views M&A deals, and considerations for reserves and disclosures
III. Thoughtful Communications and Best Practices, including protecting privilege and waiver
IV. Best Practices to Employ During an IRS Exam: Discussion of what to do from the beginning through end of audit, including best practices for responding to IDRs, tips for witness interviews, and how to prepare for facility tours
V. Rev. Proc. 2022-39- Discussion of considerations under this newer procedure.
VI. IRS Independent Office of Appeals Update