Carolyn Schenck Explores the Future of Tax Collections at ABA May Meeting

Join us for an electrifying deep dive into the rapidly shifting landscape of federal tax collections. The IRS has fundamentally transformed its approach to debt recovery, leveraging increased automation and data analytics to shorten the window between initial notice and enforced collection actions. This panel will provide exclusive insights into the National Taxpayer Advocate’s 2026 Purple Book legislative recommendations and the groundbreaking TAS Act. It will explore the critical tension between the agency’s drive for efficiency, exacerbated by recent significant workforce reductions and the fundamental Taxpayer Bill of Rights. From the newly implemented inflation metrics (PCE) used in Collection Financial Standards, to the push for expanded Tax Court jurisdiction over refund cases, this session is essential for any professional navigating the future of IRS collections.