Jay Adkisson, of Adkisson Pitet LLP, has made available for download his article, “IRS Attorney Hiring Binge Spells More Trouble For Microcaptives And Syndicated Conservation Easements”, published in Forbes Magazine. The abstract is as follows:
The IRS on January 21, 2022, issued a news release that it plans to hire up to 200 additional attorneys to focus on tax shelters, with the initial focus being on syndicated conservation easements deals and microcaptive arrangements. According to the news release, “These positions will be available in more than 50 locations, including Washington D.C. Those hired will provide legal advice to IRS professionals as they conduct audits of complex corporate and partnership issues and increasingly sophisticated and abusive transactions.
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.