KPMG report: Updated IRS publication, IRM provisions on examination process

Updated IRS publication, IRM examination process

The IRS revised Publication 5125, which provides guidance on changes to the Large Business and International (LB&I) examination process following the recent restructuring of LB&I. In March 2016, the IRS began updating the controlling sections of the Internal Revenue Manual to reflect and detail these changes.

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A KPMG report highlights the material changes to chapter 4.46, LB&I Examination Process.

 

Read an April 2016 report [PDF 310 KB] prepared by KPMG LLP: What’s News in Tax: LB&I updates Publication 5125, and the Internal Revenue Manual

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