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Kevin Kenworthy Quoted in International Tax Review Regarding New IRS Reporting Requirements

Subtitle
"IRS Announces New Rules for Reporting Uncertain Tax Positions"

International Tax Review

Kevin Kenworthy discusses changes to reporting requirements for companies’ uncertain tax positions announced by the IRS. “Despite the increase in specific disclosure requirements and penalties for non-compliance, the IRS still feels that it is at a disadvantage in examining large corporate taxpayers,” said Kenworthy. "This announcement may cause companies to examine the way that they are complying with FIN 48 requirements."