In the News | Thomson Reuters
Centralized Partnership Audit Regime Muddied by IRS Uncertainty, Expert Says
Feb. 5, 2025 · Authored by Colin J. Walsh
Baker Tilly’s Colin Walsh shared in an article with Thomson Reuters the IRS’s evolving Centralized Partnership Audit Regime (CPAR) and what partnerships can expect in 2025. With Inflation Reduction Act funding, the IRS has intensified enforcement, leveraging artificial intelligence (AI)-driven audits to identify tax issues faster than ever. As audits increase, partnerships must be proactive in their compliance strategies.
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