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Audits Internal Revenue Service Expedited Actions Process

Holland & Knight LLP

IRS Releases Guidelines for Speeding Up Audits of Large Businesses

Holland & Knight LLP on

The IRS has issued new guidance to its Large Business and International Division (LB&I) in an attempt to expedite audits. The interim guidance, released on July 23, 2025, outlines procedural changes that will further...more

Fenwick & West LLP

IRS Memo Directs Agents to Speed Up Audits

Fenwick & West LLP on

A recent memo from the IRS's Large Business and International (LB&I) Division indicates an intention to resolve audits efficiently and provide taxpayers with opportunities to quickly settle and resolve issues....more

Skadden, Arps, Slate, Meagher & Flom LLP

Challenging Tax Cuts and Jobs Act Regulations and IRS Guidance

The Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the U.S. international tax system. Along with those changes came substantial taxpayer uncertainty as to how the TCJA’s rules apply to their unique circumstances....more

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