IRS orders companies to report questionable tax strategies

08/25/2010 | New York Times (tiered subscription model), The

Beginning next year, the Internal Revenue Service will require companies to report any accounting practices that are of debatable legality. Businesses will be required to briefly summarize uncertain tax positions and explain the reasoning behind them. Some private tax experts said the requirement might make audits even more confrontational.

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New York Times (tiered subscription model), The

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