2020 saw the start of the Coronavirus which brought all sorts of new challenges to both the IRS and taxpayers. Meanwhile, TIGTA reported in May of 2020 that the IRS had identified over 10 million non-filers, many of whom are high income earning, and urged the IRS to take action against them, which it has indeed started doing. The CARES Act was enacted by Congress, and new payment plan options were rolled out to make it easier for taxpayers to get into payment agreements. 2020 saw the IRS start using artificial intelligence to review financial information submitted by taxpayers, and it formed the new Office of Fraud Enforcement. In the first quarter of 2021 the referrals from IRS collection to Criminal Investigation are up 42%. This program will review the current landscape for IRS enforcement and priorities and what practitioners need to know to help their taxpayers.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)