Amanda Leon Discusses Recent IRS Compliance Campaigns at ABA Midyear Tax Meeting

01.27.2021

Voluntary tax compliance is a bedrock of the U.S. tax system, yet the IRS estimates there is almost a half-trillion annual gap between the taxes that taxpayers legally owe and the amount collected. Reductions in budgets and overall staff may have exacerbated this problem. Using data analytics and employee submissions, the IRS has identified multiple areas that pose significant compliance challenges and instituted campaigns to address these areas. This panel will provide a general overview of (a) campaigns and the Campaign Development Process, and (b) how campaigns may affect a practitioner’s current and future clients.

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