Partner Kathleen Gregor, counsel Elizabeth Smith and associate Cait Leonard discuss the anticipated heightened enforcement efforts by the IRS following the recent passage of the Inflation Reduction Act. The authors examine insight provided by the agency indicating that large corporations, complex partnerships, high-net-worth individuals and taxpayers dealing in virtual currencies should expect more vigorous tax enforcement in 2023.
IRS Will Use New Resources to Increase Scrutiny in 2023
Law360