Tuesday, April 12, 2011

The New Rules for Uncertain Tax Positions: A Chance for the IRS to Dig Into Your Past?

Many corporate taxpayers face a new compliance task this year ? filing the new Schedule UTP with their tax returns for 2010. And many of them are jittery about it, as I noted here. One concern is that IRS might use the disclosures to throw light on uncertain tax positions taken in years before 2010 [...]

Source: http://bigfatfinanceblog.com/2011/04/05/the-new-rules-for-uncertain-tax-positions-a-chance-for-the-irs-to-dig-into-your-past/

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