The IRS is working to increase examinations of partnerships, agency officials said Friday.
“We are working very diligently to increase our partnership coverage,” Holly Paz, deputy commissioner of the IRS’s Large Business and International Division, said at a conference hosted by the American Bar Association’s Tax Section. “This will be a multiyear effort. It’s not something that will change just within this year.”
Paz said her division hired about 40 people with partnership expertise about a year ago and is trying to bring in additional employees with experience in this area. Training on partnerships for existing employees will also ...