Debra Estrem, Deloitte, has made available for download her presentation “Private Wealth Tax Controversies: Deep Experience Navigating Interactions with Taxing Authorities.” The examination is summarized as follows,

The Internal Revenue Service and state taxing authorities continue to focus on taxpayers with sophisticated personal and business situations, and private wealth taxpayers are subject to examination from a number of specialized divisions. The Global High Wealth (GHW) industry group was formed by the Internal Revenue Service (IRS) in 2009 with the stated purpose of increasing focus on high-income taxpayers, together with their related entities. In addition, private wealth taxpayers continue to be examined, of

Click here to find the summary and link to download: Private Wealth Tax Controversies

Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal