2021 IRS Representation Update
COVID-19 dramatically changed IRS enforcement procedures. In July 2020 the IRS reactivated its enforcement activities after 4 months of no enforcement activity. Since that time it has gradually increased its enforcement presence. This webinar by industry expert Robert McKenzie will provide a timely update of IRS initiatives and procedures. IRS can be expected to return to its prior tough enforcement approach.
Over the past several years, the IRS has seen its budget cut significantly. There has been a corresponding reduction in the quality of service that it provides, including a dramatic cutback in its enforcement efforts. 2019 was a turning point for IRS. It was able to hire 1,000 new enforcement professionals. The new IRS commissioner is improving morale at the agency. This course will examine the methods of the IRS COVID enforcement climate. It will cover new IRS examination and collection priorities and procedures, IRS criminal investigation initiatives, recent important developments for practitioners, and taxpayer advocate services. Other topics to be discussed include problems in the tax system, new procedures at IRS campuses, and the impact of new IRS leadership. This course is certain to get you up to speed on how to properly advise your clients in this new enforcement environment.
Webinar Objectives
Upon successful completion of this course, participants will be able to:
- IRS COVID-19 initiatives
- Identify IRS initiatives in examinations
- Recognize current changes in IRS collection procedures including easily secured installment agreements for taxpayers who owe less than $250 K.
- Identify the IRS offshore compliance initiatives
- Recognize IRS budget problems and its impact on your clients
- Discuss IRS penalty procedures and analyze common IRS penalties
- Negotiating by phone with IRS Enforcement personnel
Webinar Highlights
- New exam rules
- New collection initiatives
- Using Taxpayer Advocate
- Service center closings
- IRS enforcement priorities
Who Should Attend
- Tax attorneys
- Enrolled Agents
- CPA’s
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