IRS Compliance Trends and 10 Actions You Should Take To Help Your Client

For years, IRS has experienced declining compliance activity to close the underreporting, underpayment, and non-filing tax gap. With the Inflation Reduction Act funding, the IRS expects compliance activity go back to its all-time highs that were seen in the 2011 and 2012. In this webinar, you will get an update on the latest IRS compliance activity and trends and learn how to prepare your firm to get the best outcome and experience for your clients. You will get 10 actions to help prevent and/or resolve IRS compliance issues for your client. Your firm will be in a position to be proactive when helping clients stay compliant with their IRS obligations.

Who Should Attend
Tax professionals and tax firm leaders who want to understand IRS compliance activity trends and best practices to help their clients with IRS compliance issues

Topics Covered

• IRS Compliance Trends: before and after the Inflation Reduction Act of 2022
• IRS compliance enforcement targets and the tax gap
• Proactive v Reactive approach to helping clients with IRS compliance enforcement
• 10 actions you can take to help your clients with preventing and/or resolving IRS compliance enforcement
• Best practices and tips when working with the IRS

Learning Objectives

• Be updated on the latest IRS compliance enforcement activities, trends and targets
• Understand the impact of the Inflation Reduction Act on current and future IRS enforcement
• Obtain 10 actions you can take to help your firm, your tax professionals, and your clients on preventing and resolving IRS compliance enforcement
• Get best practices and tips to prepare your firm to work effectively with the IRS
• Put your firm in a proactive position to deal with client IRS post-filing issues and questions

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None