IRS Announces 7th in Series of Webinars on LB&I Compliance Campaigns
The IRS announced today that its Large Business and International (LB&I) Division will participate in the 7th in a series of webinars on June 6 to provide tax practitioners with additional information about how its new compliance campaigns will operate.
Grant Thornton will host this webinar scheduled for Tuesday, June 6, at 3 p.m. EDT. The one-hour webinar will focus on two compliance campaigns:
- Domestic Production
- Related Party Transactions
The webinar will be conducted by LB&I's Kathy Robbins, director of the Enterprise Activities Practice Area; Pete Puzakulics, director of Corporate Issues and Credits in the Enterprise Activities Practice Area; and Lavena Williams, director of the Eastern Compliance Practice Area.
To attend the June 6 webinar, register via this link to Grant Thornton.
Dates and times for additional webinars, in which IRS executives, in collaboration with various stakeholders, will discuss more fully the 13 compliance campaigns launched on Jan. 31, 2017, will be announced in the weeks ahead.
In announcing the initial rollout of 13 compliance campaigns in January, IRS officials said the launch was the culmination of an extensive effort to redefine compliance work and create greater transparency between the IRS and LB&I’s taxpayer segment. LB&I leaders plan to continue discussions with the tax professional community to best meet the needs of the taxpayers and tax administration.
move toward issue-based examinations and a campaign process allows the division to decide which tax issues that present risk require a response while maintaining flexibility on the best steps to achieve compliance.
For more information on compliance campaigns, see LB&I Compliance Campaigns on IRS.gov.