2017 IRS Representation Update


September 27, 2017


Robert E. McKenzie

  1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 60 Minutes

* Not able to attend the live session? We can arrange an on-demand session for You. Please call 1-951-801-2324


How IRS Policies and Procedures Will Play Out in 2017

The Internal Revenue Service (IRS) is the revenue service of the United States federal government for collecting taxes and administering the Internal Revenue Code, the federal statutory tax law of the U.S.

Over the past several years, the IRS has seen significant budget cuts with a corresponding reduction in the quality of service provided. While the IRS has dramatically reduced its enforcement efforts as a result, the agency also announced an initiative last fall to turn over debt collection from taxpayers to four private contractors. The IRS is also increasing its collections offshore accounts, and it recently announced that it has collected $10 billion from its efforts in encouraging voluntary disclosure and non-prosecution agreements

In this webinar Robert E. Mckenzie will examine the methods IRS is using in this new enforcement environment. It will cover new IRS examination priorities and procedures, IRS collection priorities and procedures, IRS criminal investigation initiatives, recent important developments for practitioners, taxpayer advocate services report on problems in the tax system, new procedures at IRS campuses and the impact of new IRS leadership.

Learning Objective Points:

  • IRS staffing for key enforcement personnel
  • IRS’s closing of return process centres, and what that means for your business
  • Regulations affecting tax preparers
  • How the voluntary program works
  • Analysing the Taxpayer Bill of Rights in the PATH Act of 2015
  • Taxpayer Advocate reports
  • Business returns
  • Exam rates for S Corporations and partnerships
  • The prosecution of U.S. Tax Court Judge Diane Kroupa for tax evasion
  • Employment taxes as a top prosecution priority
  • An NRP study you need to understand
  • The IRS’s 2017 budget and priorities
  • New appeals processes
  • Misclassified workers as a hot topic
  • The effect of FATCA
  • Banks that will cause taxpayers to pay higher penalties
  • How the ID theft hotline is working
  • The ins and outs of private collection efforts
  • How revocation or denial of passports fits in
  • Higher user fees in 2017 and what they mean for you
  • The latest on fresh start initiatives
  • Understanding reduced value of assets and calculation of future income

Session Highlights:

  • Learn more about the latest taxpayer advocate's recommendations
  • Review last year’s statistics on examination, collection and criminal investigation
  • Learn more about the latest IRS initiatives
  • Find out more about IRS allowable expense costs
  • Learn of current changes in IRS collection procedures
  • Understand the IRS offshore compliance initiative
  • Understand the IRS budget problems and its impact on your clients
  • Plan for IRS Changes brought on by the change of administrations

Who Should Attend:

  • CPAs and Enrolled Agents
  • Finance and Accounting Professionals
  • Accounting and Taxation firms
  • Law firms dealing with tax issues
  • Profit businesses involved in joint ventures with non-profit organizations