IRS Representation Updates 2024 - A Beginning of "NEW IRS"

May 08, 2024
60 Mins
Adam Fayne
1.0 IRS APPROVED CE CREDIT
$199.00
$299.00
$299.00
$349.00
$299.00
$199.00
$299.00
$199.00
$199.00
$299.00
$299.00
$199.00

A New Era of Funding, Priorities, and Strategies Unveiled Gain Insights and Tools to Navigate the IRS's 2024 Focus Amidst Significant Funding Boost

The Internal Revenue Service has received its largest ever funding increase in history. This program by Tax attorney, Adam Fayne will discuss how this funding will impact its enforcement priorities. Moreover, the IRS has recently announced new strategic audits using Artificial Intelligence, and this is just the beginning of a “new IRS”. Adam will discuss the Internal Revenue Service’s latest initiatives and how you can prepare for a successful year in representing your clients. Adam will also discuss the Internal Revenue Service’s audit and collection efforts and activities and what you can expect during 2024 year with an Internal Revenue Service.

Webinar Objectives

In this session, our goal is to equip you and your clients with the knowledge and resources needed to comprehend the Internal Revenue Service's priorities in 2024, driven by its substantial increase in capital and resources. Adam will explore the implications of this significant budget expansion for taxpayers, shedding light on what it entails for individuals and businesses alike.

Webinar Highlights
  • The scope of the IRS increased budget
  • What a fully funded IRS means for taxpayers
  • What taxpayers can expect in 2024 with respect to IRS Audits
  • What taxpayers can expect in 2024 with respect to IRS Collection
  • IRS priorities for 2024
Who Should Attend
  • Accountants
  • Tax Preparers
  • CFOs
  • Financial Compliance Professionals
  • Lawyers

Credit(s)

IRS CPE Credits: 1 Tax hour

Adam Fayne

Adam Fayne

Adam is a tax attorney who helps businesses and individuals with tax controversies before the Internal Revenue Service (IRS) and tax planning both domestically and internationally. He also handles a variety of white collar criminal matters, both federal and state, particularly involving civil and criminal tax fraud, including tax evasion, money laundering and offshore tax compliance. Adam's knowledge of tax law is informed by his former role as a Special Assistant U.S. Attorney with the Department of Treasury's IRS.

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