A Review May Be Appropriate When
- you are concerned about a significant position on a prior return;
- a transaction received unusual tax treatment;
- supporting documentation appears incomplete;
- your tax situation changed substantially;
- you received conflicting professional advice;
- an issue could become significant during an IRS examination;
- you want an independent technical perspective before proceeding.
What We Evaluate
Depending on the engagement, GWD may consider:
Facts — What actually happened?
Tax treatment — How was the matter reported or proposed to be reported?
Authority — What provisions of the Internal Revenue Code, Treasury Regulations, administrative guidance, or other relevant authority apply?
Documentation — What supports the position?
Risk — Where is the uncertainty?
Next step — Does anything actually need to be done?
A second opinion should reduce uncertainty—not create unnecessary work.
---