Banking on Change: IRS and Treasury Transformations Unveiled

Listen as Elizabeth L’Hommedieu from the KPMG Banking & Capital Markets Tax practice, along with Mary Slonina and Dan Winnick from KPMG’s Washington National Tax group, explore the recent transformations within the IRS and Treasury Department. Key topics covered in this episode include: 

• IRS's status before the administration change and the impact of new leadership.
• Treasury's focus on TCJA guidance, leadership shifts, and their implications for future policy.
• Workforce changes in both agencies and their potential effects on operations and guidance.
• What this may mean for IRS exams and appeals.