Kevin Kenworthy and Alan Horowitz discuss the First Circuit Court of Appeals decision in United States v. Textron, Inc., a case exploring whether the IRS can demand access to tax accrual workpapers that reflect a taxpayer’s candid self-assessment of its tax exposure.

This article is reprinted with the publisher's permission from Executive's Tax & Management Report [March, 2009], a monthly newsletter published by CCH INCORPORATED. All rights reserved. To subscribe to Executive's Tax & Management Report please call 800-449-8114 or visit www.tax.cchgroup.com.