posts tagged as LB&I

By Lisa Haffer | March 24, 2016

IRS Releases Publication 5125 Setting Forth the Exam Process for Large Cases

In late February, the IRS made available a new Publication 5125, Large Business & International (LB&I) Examination Process, which is effective beginning May 1, 2016. read more

By Lisa Haffer | January 06, 2016

LB&I Reorganization Plans Revealed

The IRS’s Large Business & International (LB&I) Division, which covers corporations, S corporations and partnerships with assets greater than $10 million, recently announced that it would be implementing significant... read more

By Lisa Haffer | July 09, 2015

Changes at the IRS - What You Need to Know

At last month’s National Restaurant Association Tax and Finance Executive Study Group Meeting, much was discussed around changes at the IRS and the current status of the agency’s... read more

By Lisa Haffer | March 05, 2015

Small Restaurants Get Relief from IRS in Adopting Final Tangible Property Regulations

Recently, the IRS released final regulations dealing with repair and capitalization of tangible property under IRC Sec. 162(a) and 263(a) and regulations relating to dispositions under IRC Sec. 168... read more

By Restaurant Practice Leaders | February 24, 2015

Keep Your Restaurant Safe from Tax Scams

Although taxpayers are always susceptible to tax scams and schemes, this type of illegal activity seems to increase during tax filing season. read more