For large businesses and international taxpayers, the IRS’ Pre-Filing Agreement (PFA) program provides a way to “seek an agreement on issues likely to be disputed in post-filing audits.” Eligible taxpayers can use the PFA to address tax concerns related to specific transactions, or they can use the PFA to seek […]
Category: Blog
For large business and international taxpayers, filing a return with the Internal Revenue Service (IRS) will frequently lead to post-filing scrutiny. This scrutiny can take a variety of forms, from informal inquiries to invasive audits and criminal tax investigations. When facing post-filing scrutiny (or the risk of post-filing scrutiny), a […]
The Internal Revenue Service (IRS) offers a variety of options to large business and international taxpayers that need to resolve tax controversies at the pre-filing or pre-audit stage. These options are specifically tailored to taxpayers that fall under the jurisdiction of the IRS’s Large Business and International (LB&I) Division, which […]
Even though it has now been more than two years since the federal government ended its national emergency declaration for the COVID-19 pandemic, targeting COVID-19 relief fraud remains a top priority for IRS Criminal Investigation (IRS CI). Specifically, IRS CI is continuing to target both individual and corporate taxpayers for […]
On June 17, 2025, the Internal Revenue Service (IRS) announced that it was making various improvements to its Pre-Filing Agreement program for large businesses and international taxpayers. According to the announcement, these improvements reflect “a renewed commitment by the IRS to expand access to cooperative tax compliance strategies that prevent […]
If you are a U.S. taxpayer who is living abroad, you were required to file your income tax return for the 2024 tax year by June 16, 2025. If you didn’t file by June 16—and you didn’t request an extension—your tax return is now late. What does this mean for […]
High-income and high-net-worth taxpayers who do not receive regular income with tax withholdings must file quarterly estimated tax returns with the Internal Revenue Service (IRS). Failure to file estimated tax returns when required can not only trigger steep penalties, but it can also trigger scrutiny in the form of an […]
While the Internal Revenue Service (IRS) has several tools that it can use to enforce taxpayer compliance, one of its most effective tools is its power to seize, or levy, taxpayers’ assets. For high-income and high-net-worth taxpayers who are behind (or allegedly behind) on their federal tax obligations, facing an […]
While IRS Criminal Investigation (IRS CI) investigates U.S. taxpayers suspected of committing tax crimes, it conducts investigations targeting a wide range of other suspected federal offenses as well. For taxpayers facing scrutiny from the IRS CI, it is crucial to ensure they have a clear and comprehensive understanding of the […]
IRS Criminal Investigation (IRS CI) doesn’t just target taxpayers for tax crimes. It also conducts investigations focused on uncovering the evidence needed to prosecute financial crimes and a wide range of other federal criminal offenses as well. These include the offenses of structuring and money laundering. Both of these offenses […]