Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
IRS and tax industry data shows the IRS and the tax ecosystem have experienced much change over the past decade. IRS data shows that more of our clients must interact with the IRS outside of filing a tax return. Many need information from the IRS about their situation and many are subject to IRS compliance enforcement initiatives. In this course, you will get the latest IRS data on how taxpayers and tax professionals are working with the IRS and the issues that they are experiencing. We will take a close look at the tax gap and IRS initiatives to reduce non-compliance. You will also get best practices and discover tips to put your and your firm in a position to help your clients all year long.
Publication Date: March 2024
Topics Covered
- The IRS and the tax gap
- Trends and insights on IRS compliance enforcement initiatives
- Growing use of IRS digital solutions
- Proactive client account and notice monitoring
- 5 essential post-filing knowledge fundamentals for every tax pro in your firm
Learning Objectives
- Recognize important IRS and tax trends affecting our firms and our clients from IRS data and various tax reports
- Identify the important components and factors in the tax gap and how it drives IRS compliance enforcement initiatives
- Identify current IRS enforcement initiatives in audits, CP2000 underreporting notices, non-filer investigations, penalties, and collection
- Identify steps your firm can take to be proactive in helping your clients with potential post-filing issues
- Identify the amount per year that the IRS loses to noncompliance
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Jim Buttonow
Jim Buttonow, CPA, CITP, has been a leader in helping taxpayers and tax professionals resolve tax problems with the IRS.
For 19 years, Jim worked at the IRS in various compliance enforcement positions. Since 2006, Jim has been in private practice and tax and accounting software development. Jim consulting practice focuses on the areas of tax controversy and tax administration. Jim led product development and marketing for a successful software company that developed tax problem software for tax professionals and has developed and implemented post-filing tax services to large tax providers, such as H&R Block and Jackson Hewitt. This software is currently being used by tens of thousands of tax professionals and businesses in the United States.
Jim has been an IRS partner in improving IRS operations and post-filing service to taxpayers. Jim served as chairperson of the IRS Electronic Tax Administration Advisory Committee (ETAAC) in 2015 and 2016 during which ETAAC played a central role in promoting the IRS digital strategy to develop transformative technology solutions to systemic challenges in tax administration. Jim also served as the North Carolina representative on the IRS’ Taxpayer Advocacy Panel (TAP) from 2020-2022.
Jim regularly speaks on areas of tax administration and problem solving to national associations and has testified before Congress in areas of tax administration. He has also published many articles in industry publications. In his articles, Jim focuses on delivering practical insights, advocating for IRS transparency and efficiency, and proposing innovative large-scale solutions for taxpayers and tax professionals.
Jim currently authors the Tax Problems and Solutions Handbook, a publication aimed at helping tax pros work more effectively in post-filing matters and resolving their clients’ most common tax problems. The book can be found online at TaxProblemsHandbook.com. Jim can be reached at Jim@buttonowcpa.com or at his website at buttonowcpa.com.