Defensive Strategies For High-Net-Worth Individual Tax Audits

By Patrick McCann (October 26, 2020, 6:11 PM EDT) -- As they move into the fourth quarter of a tumultuous year in which the hits keep coming, high-net-worth individuals may find themselves the focus of unwanted attention from the Internal Revenue Service. Last summer Douglas O'Donnell, the commissioner of the IRS Large Business and International, or LB&I, Division, announced the IRS would begin a new campaign initiating several hundred audits of high-net-worth individuals....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!