Public Finance Partner Todd Cooper Comments in The Bond Buyer on IRS Lowering Tax Rate Used to Calculate Taxpayer Exposure in Audits

Public Finance Partner Todd Cooper commented on the IRS’ decision to issue interim guidance that immediately lowers to 27.8 percent from 29 percent the tax rate used to calculate taxpayer exposure in audits. Cooper said, “All of us in private practice appreciate the IRS’ willingness to consider the request” and “the timeliness with which they got it done, especially given the workload the new tax act has imposed on the IRS.”