Sunday, October 15, 2017
In a recent report, the Treasury Inspector General for Tax Administration (TIGTA) recommended that the IRS fix a number of current processes associated with review of estate and gift tax returns. TIGTA encouraged the IRS to strengthen its internal controls and suggested that it should revise the Internal Review Manual. IRS management agreed with all the recommendations and is planning on taking some action to fix the issues. TIGTA Inspector General J. Russell George stated, “Taxpayers must be treated fairly and consistently. The IRS must effectively process, select, and assign estate and gift tax return cases for examination and identify the overall compliance impact of the program.”
See Michael Cohn, IRS Faulted on Scrutiny of Estate and Gift Tax Returns, Accounting Today, September 28, 2017.
Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.