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The IRS Announces New “Compliance Campaigns:” Unreported Virtual Currency, S-Corporation Compliance, and International Tax Enforcement Are Top Priorities

In International Tax, S Corporations, Tax Reform by Jason FreemanLeave a Comment

The IRS recently announced five new “compliance campaigns”—areas where it intends to focus additional resources and enforcement efforts.  It comes as no surprise that unreported virtual currency, S-corporation dividends, and international tax are at the core of its focus.  The five compliance campaigns are:   S-corporation Distributions Virtual Currency Restoration of AMT Credit Carryforwards Repatriation through Foreign Triangular Reorganizations Section …