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Reshaping the IRS, Accounting Today

May 01, 2018

Morgan Lewis partner Alex Reid spoke to Accounting Today about potential legislation that would reshape the Internal Revenue Service. One of the changes suggested is the creation of an enhanced IRS Appeals, which Mr. Reid said would be welcome to practitioners. “This would have a salutary effect on IRS Examinations by creating an incentive for exam agents to improve the quality of their work in order for the audit results to withstand review by IRS Appeals,” he said in the article. “Tax practitioners would welcome such a development as it could reduce the frequency of improper readings of precedential guidance by exam agents and the persistence of illogical positions that are never adjudicated by a higher authority.”

Read the full Accounting Today article.