The IRS’s Pre-Filing Agreement (PFA) program is designed to help resolve tax issues and produce greater tax certainty for large and international companies. Recently, the IRS introduced several enhancements. It launched a new landing page that offers program metrics, process overviews and dispute resolution tools. It also now provides step-by-step instructions on how to submit a PFA request and notes when to expect a response. In addition, a new “PFA likely suitable issues and documentation” page helps taxpayers determine if the program will work for them. Finally, updated guidance makes it easier for companies to align PFA submissions with filing deadlines. For more: https://bit.ly/4kP8SWB
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