New IRS Coordinated High Wealth Audit

Overview

The IRS is coming out of its silos. Between July 15 and September, the IRS will audit several hundred high-income individuals and one or more related entities, typically one or more pass-throughs. This action will require a coordinated and appropriate response by the taxpayer and his or her advisors and the advisors of the related partnerships, trusts, corporations, and foundations. Will you and your advisors be ready for this New IRS Coordinated High Wealth Audit?

 

Please listen to the FOXCast episode "Scott Winget and Leigh Griffith Discuss New IRS Coordinated High Wealth Audit" for more information on this topic.

Advisor Thinking