Mike Scholz, Partner at Wegner CPA Presents,
The "Unlucky 13" Issues the IRS is Focused on for 2017: "The IRS’s Large Business and International Division has identified 13 “campaigns,” or issues it will target in examinations, in the coming year. While the list targets large businesses, don’t be surprised if the issues trickle down to mid-sized and smaller businesses, too. The IRS is turning to an issue approach to audits and is focusing on those compliance issues that present the greatest risk, making the most efficient use of examination resources. The 13 areas the IRS plans to target include:
The IRS release provides little detail about how the IRS intends to approach the 13 issues. We would not expect the IRS to completely replace or revamp current IRS examination processes. Wegner CPAs will continue to monitor these and other important IRS issues as they become known." Source: Wegner CPA's
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