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Thursday, August 09, 2007

Tell Me Your Tax Problems

That's what the IRS is saying according to this article from accountingweb.

The gist of it that the IRS is asking businesses to report frequently disputed or controversial tax issues to their Industry Issue Resolution (IIR) Program.

The important fact is that the deadline for submitting an issue for the fall reviews is August 31, 2007. More information can be found on the IRS website. The program has been in use since 2000 and has resulted in 25 determinations - decisions helping clarify how tricky tax situations should be handled.

IIR Submission Procedures


Overview of the IIR Program

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