The IRS just dropped a fresh memo to shake up how it audits large corporations, and for once, it’s not adding red tape. The goal? Cut audit cycle times, focus on what matters, and actually treat corporate taxpayers like customers. It’s part of...
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Subscribe29 JUL 2025 / IRS UPDATES
The IRS has issued a memo outlining changes to their auditing processes for large corporations with the aim to cut audit cycle times and focus on important issues. The changes, which include phasing out burdensome documentation and expanding Accelerated Issue Resolution, are part of a broader effort to modernize the Large Business & International division and improve efficiency in tax administration.
The IRS just dropped a fresh memo to shake up how it audits large corporations, and for once, it’s not adding red tape. The goal? Cut audit cycle times, focus on what matters, and actually treat corporate taxpayers like customers. It’s part of...
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