The COVID-19 pandemic has brought sharp changes to the tax enforcement priorities of the Internal Revenue Service (IRS), specifically in implementing its remote audits. Recently, the IRS and the Treasury Department released proposed treasury regulations related to the electronic filing of certain tax returns and statements. These, along with other significant developments, have been the result of the Biden administration’s efforts to address recent tax compliance issues and controversies.
The increased IRS enforcement underscores the continuous demand to invest in information technology capabilities to better cope with the emerging challenges. Additionally, financial institutions need to ensure that existing tax procedures are aligned with the latest tax litigation developments.
Our panel of key thought leaders and practitioners will offer a discussion of the latest and significant issues surrounding federal tax controversy as well as the IRS enforcement trends and developments. This LIVE Webcast aims to help you avoid potential tax compliance risks and disputes.
Key issues that will be covered in this course are:
- Emerging Tax Compliance Issues
- IRS Tax Enforcement Trends and Challenges
- Strategies to Avoid Tax Compliance Disputes
- Latest Developments in Tax Litigation
- What Lies ahead