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
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 to go back to its all-time highs that were seen in the 2011 and 2012. In this course, 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.
Publication Date: March 2024
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
- Identify the latest IRS compliance enforcement activities, trends and targets
- Identify the impact of the Inflation Reduction Act on current and future IRS enforcement
- Identify 10 actions you can take to help your firm, your tax professionals, and your clients on preventing and resolving IRS compliance enforcement
- Identify best practices and tips to prepare your firm to work effectively with the IRS
- Identify the time allowed to request a first-time abatement
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.