In a recent article by Tax Notes, tax experts expressed their concerns and hopes for the influx of funding granted to the IRS via the Inflation Reduction Act. Gray Reed Partner Joshua Smeltzer was one of the experts interviewed. Board Certified in Tax Law by the Texas Board of Legal Specialization, Joshua uses his experience as a former litigator for the U.S. Department of Justice to defend clients in tax audits, tax appeals, and litigation in Federal District Court, U.S. Tax Court, the U.S. Court of Federal Claims, and tax issues in U.S. Bankruptcy Court.

Excerpt:  “The IRS plans to add thousands of new employees for service, audits, and technology responsibilities. Enforcement functions are also supposed to focus on wealthy taxpayers with more complicated tax returns. A less experienced workforce handling more complicated tax issues is almost certainly going to result in some significant growing pains for the IRS and continued frustration for taxpayers trying to resolve tax disputes while the IRS rebuilds.”

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