TAX2502. Practical Tips for Working with Clients and The IRS in Everyday Tax Practice

As part of the 2022 Inflation Reduction Act, the IRS was allocated additional funding of $80B over 10 years, but that amount was subsequently reduced to $60B and is likely to be cut again. Additionally, current projections indicate that up to 20% of the IRS workforce will be cut as part of the Trump administration's efforts to make the federal government more efficient. How can tax practitioners work effectively with the IRS to achieve their clients' goals in this new era of reduced government? To answer this question, this session will explore the catalog of "self-help" online options, as well as how to best leverage the Taxpayer Advocate Service.

Learning Objectives:

• Recognize how funding and staffing reductions are likely to affect IRS service levels.
• Identify IRS online and other self-help options to achieve clients' goals.
• Recall best practices for referrals to the Taxpayer Advocate Service and other IRS resources.