CSC today announced the addition of Partnership Representative services to its corporate compliance service offering. The addition took place in conjunction with the requirements set forth by Internal Revenue Code section 6223. This new regulation requires large partnerships to assign a representative to work on their behalf regarding IRS audits.
CSC experts worked directly with the IRS to determine the challenges associated with the new code. CSC Partnership Representative services will help further assist organizations in meeting compliance requirements in the U.S. and abroad.
“Because we’re not affiliated with any law firms or financial institutions, we offer independent, non-conflicted services. Additionally, our long legacy of corporate compliance services makes us uniquely qualified in this space,” said John Hebert, senior vice president of Global Financial Markets. “We’re one of the world’s largest privately held businesses to offer administration services for specialized transactions.”
CSC partners with nearly 10,000 law firms and more than 3,000 financial organizations.
“Our new Partnership Representative services enable us to fill a void for many of the larger partnerships, ensuring they can count on CSC to work on their behalf in interactions with the IRS,” said Dave Straub, director of business development.