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IRS To Restructure Services For Small Businesses

by Mike Godfrey, Tax-News.com, Washington

12 May 2014


The United States Internal Revenue Service (IRS) is looking at a plan to realign compliance operations at its two largest business units, Wage and Investment (W&I) and Small-Business Self Employed (SB/SE).

With IRS examination and collection activities for individuals and small businesses overlapping between W&I and SB/SE, the new concept would consolidate compliance-related operations to avoid organizational duplication, find operational efficiencies, and help more quickly identify emerging compliance risks. For taxpayers and tax professionals, the goal is to improve customer service and speed the resolution of issues.

In general, pre-filing compliance programs would move to W&I, and post-filing compliance programs for individuals and small businesses would move to SB/SE; two new functions would be created in SB/SE – one focused on collection work and one on examination work; and W&I and SB/SE identity theft victims' assistance work would be centralized under W&I.

No employee jobs will be lost as a result of the structural changes within the bodies. The IRS is to publish more information on the change as plans are developed.

TAGS: individuals | compliance | tax | small business | business | tax compliance | Internal Revenue Service (IRS) | tax authority | professionals | United States | individual income tax

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