The U.S. Internal Revenue Service Advisory Council (IRSAC) has issued its final 2018 IRSAC Public Report, which includes recommendations to the IRS on new and continuing issues in tax administration. As noted in an IRS release, some of the key topics covered in the 2018 report include: The IRS Budget and the critical need to provide the IRS with adequate and reliable funds; Electronic third-party authentication, including recommendations to strengthen the current process of verifying the validity of third-party authorizations while addressing practitioner concerns regarding providing personal identifying information; Transfer pricing documentation, with the primary recommendation that the IRS provide...