Date: June 13, 2023
Time: 9 – 10 a.m. PT
In September 2020, the IRS created the Office of Fraud Enforcement (OFE) to improve fraud detection and development of fraud cases to address areas of high fraud and risks of non-compliance with the tax laws. With this new office, the IRS emphasized its focus on case selection when determining to pursue civil fraud penalties and the appropriate cases to refer to IRS-Criminal Investigation (CI). With an $80 billion budget over the next ten years, a focus on hiring and enforcement, and the IRS’s increased ability to analyze data, the increased attention to non-compliance taxpayers is almost inevitable. This program will help you better recognize what may be a sensitive audit, and when intrusive demands for evidence and your client’s interview, an often “touchy issue,” may signal issues beyond a tax deficiency.
CPAs, financial advisors and attorneys
Determine what the IRS considers “firm indicia of fraud” that might result in a civil case being referred to CI
Understand how the IRS proves civil tax fraud
Identify key IRS priorities in the area of high-risk and high-fraud taxpayers
Implement strategies to minimize the risk of a civil fraud penalty or a criminal fraud referral
This course originally aired on 6/13/2023. The instructor will be available via the chat feature to answer questions during the presentation.