IRS Extends Effective Date of LB&I IDR Enforcement Procedures to March 3

We previously posted about the new Information Document Request (IDR) enforcement procedures announced last fall by the IRS Large Business and International Division (see prior post here).  The effective date of those procedures was supposed to have been January 2, 2014.  On February 7, however, the IRS announced that the effective date of the new IDR procedures was being extended to March 3, 2014.  In its announcement, the IRS stated that the extension was needed in order to “provide the clarification that is necessary to ensure that the procedures governing IDR issuance and enforcement are easily and clearly understood.”