IRS Compliance Trends and Enforcement Initiatives
Jim Buttonow Overview:
The course provides attendees the latest IRS trends in tax enforcement. Attendees will get data and insights into non-filers, audits, and IRS collection - and who the IRS plans to target with its compliance enforcement initiatives. Learn about how the IRS will use its $80B in additional funding to close the tax gap. See how the IRS is modernizing to the new IRS 2.0 and using digital tools for enforcement and service. Get practical tips and actions that you can use to help your tax firm and your clients from the wave of new IRS enforcement initiatives.
Why you should Attend:
Taxpayer non-compliance is at an all-time high and the IRS is getting more resources than ever to close the $688 billion a year tax gap. These additional resources means more clients will be audited by the IRS, receive an IRS notice, and have to deal with a tax problem. Tax professionals will be their go-to source to resolve these issues.
Areas Covered in the Session:
- The tax gap and the Inflation Reduction Act of 2022
- Trends and targets in each area of noncompliance: Non-filing, underpayment, and underreporting
- IRS compliance enforcement trends to close the tax gap
- The New IRS 2.0 and its New Digital Tools
- Best practices and actions tax firms can take to prepare for IRS enforcement
Who Will Benefit:
- CPA's
- Enrolled Agents
- Tax Preparers
- Tax Staff
Speaker Profile
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 CCH’s 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. Jim can be reached at Jim@buttonowcpa.com or at his website at buttonowcpa.com.