News & Analysis as of November 19, 2024

Tax Audits

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IRS Announces New Campaign to Audit Personal Use of Business Jets

Holland & Knight LLP on 3/18/2024

The IRS announced a new campaign to audit high-net-worth taxpayers claiming business deductions for the use of private jets. Using some of the $80 million allocated for enhanced enforcement in the Inflation Reduction Act of...more

[Webinar] Navigating Large Partnership Audits - October 12th, 12:00 pm - 1:00 pm CT

Vinson & Elkins LLP on 9/27/2023

Large partnership audits are a cornerstone of the IRS’ revamped enforcement priorities. As part of its Large Partnership Compliance program, the agency recently announced that it is rolling out audits of 75 large partnerships...more

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Partnerships › Enforcement Priorities › Tax Audits

IRS Announces New Campaign to Audit Personal Use of Business Jets

[Webinar] Navigating Large Partnership Audits - October 12th, 12:00 pm - 1:00 pm CT

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