IRS News Release: IRS Issues Interim Guidance to Improve Large Business, International Examination Process

The IRS issued a memorandum highlighting changes aimed at reducing case cycle times for corporate taxpayers, making examinations more customer-driven, consistent, and efficient, the IRS announced. The IRS said that the memo provides guidance for: 1) phasing out the Acknowledgement of Facts Information Document Request process in examinations by 2026; 2) expanding use of the Accelerated Issue Resolution process to large corporate cases; and 3) requiring stronger review of Fast Track Settlement denials. [IR-2025-77 (July 25, 2025)]

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