Archive : Thoughts and Insights by Michael Gregory

Audits and What’s New at the IRS

Negotiations, Neuroscience and the IRS
September 4th, 2017

Negotiations, Neuroscience and the IRS

In an experiment by neuroscientists participants were given $10 dollars and were told they needed to share the amount with another party. If the other party accepted the offer they could keep the difference. This resulted in some interesting findings that were found to tie directly into negotiations. The commentary that follows could be used in any negotiation including those with the IRS and in other venues where one party seems to have an upper hand.