Estimated reading time: 1 minute, 4 seconds

 IRS To Focus on Pass-Through Entities

Friday, Sep 22 2023
Tax
Written by 

The Internal Revenue Service will establish a new work unit to focus on large or complex pass-through entities. This is another part of the IRS effort to increase attention to high-income compliance issues.

Housed in the IRS Large Business and International, the new unit will include some of those that are part of 3,700 new revenue agent being hired by the IRS. These are to expand enforcement work focusing on complex partnerships, large corporations, and high-income and high-wealth individuals. 

Entities such as partnerships and S-corporations are the group’s focus

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Read 2348 times
Rate this item
(0 votes)
More in this category: « IRS Unit Focuses Pass-Through Entities Two Guilty in Easement Scheme »
Bob Scott

Latest from Bob Scott

Visit other PMG Sites:
Template Settings
Theme

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Link Color
Text Color

Header

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5

Footer

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5
Layout
Select layout
Menu
Select menu
Typography
Google Font
Body Font-size
Body Font-family
Direction
Reset