A Growing Caseload

Barnett, Susanna Duff
December 2004
Bond Buyer;12/23/2004, Vol. 350 Issue 32036, p1
Trade Publication
The article focuses on the U.S. Internal Revenue Service's (IRS) tax-exempt bond office which moves into its fifth year. Its enforcement caseload is becoming more complex, and more difficult to resolve. An increased number of enforcement audits are not being settled in the early stages, said Mark Scott, director of the tax-exempt bond office. Instead, they are being sent to the IRS Office of Appeals, sometimes without first negotiating a settlement with the tax-exempt bond office, and even then they are not always resolved. It is a trend that Scott expects to continue in 2005 as his staff increases its focus more on abusive arbitrage cases and less on post-issuance compliance.


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