NYU Tax Controversy Forum
New York, NY
Kevin Kenworthy will speak at the NYU Tax Controversy Forum on June 23, 2022, in New York. Kenworthy will present, as part of a panel, "Who Needs Tax Rules and Regulations? The Surprising Ways in Which the Administrative Procedures Act is Affecting Tax Practice."
The Administrative Procedures Act generally requires Treasury to follow specific procedures designed to give the public notice and an opportunity to comment before certain kinds of rules and regulations are enacted. Recent court decisions have invalidated IRS notices for failure to follow these procedures and have allowed taxpayers to seek injunctions against the IRS in limited situations. This panel will discuss these cases and how they may have a far-reaching impact on current audits and litigations as well as IRS authority to enforce existing rules and regulations.