2025 IRS Representation Update: What to Expect from a Fully Funded IRS in 2025

Credit(s)

IRS CPE Credits: 1 Tax hour

Understanding the Impact of IRS Budget Increases on Taxpayer Audits

The IRS continues to evolve its policies and initiatives each year, impacting how taxpayers and businesses navigate audits, collections, and compliance. With a historic budget increase in 2025, the IRS is expected to enhance its enforcement and oversight activities significantly. Understanding these changes is crucial for tax professionals who want to ensure their clients are prepared for what lies ahead.

Join industry expert Adam S. Fayne, an experienced tax attorney, for a must-attend webinar that dives into the IRS's latest initiatives, audit strategies, and collection priorities for 2025. This session will equip you with the knowledge and tools needed to guide your clients through the evolving tax landscape and protect them from potential pitfalls.

As the IRS rolls out its updated strategies for audits and collection efforts, businesses and individuals alike may see more aggressive enforcement. Tax professionals need to stay ahead of these changes to avoid negative consequences for their clients. This webinar will not only review IRS activities from 2024 but also look forward to key areas of focus in 2025, offering valuable insights into how the agency's expanded budget will drive these changes.

Why This Topic Matters

With 2025 marking the first full year of the IRS's largest budget increase in over a decade, taxpayers and their representatives need to be aware of how these additional resources will impact audits, collections, and criminal investigations. The IRS’s new initiatives could affect millions of taxpayers, with an increased focus on compliance and enforcement.

Webinar Objectives

• Review IRS audit and collection activities from 2024 to gain insights into enforcement trends.
• Understand the IRS's priorities for 2025, focusing on audits, collections, and criminal investigations.
• Learn how the IRS's expanded budget will affect your clients and what they should expect.
• Explore new IRS programs that could benefit your clients and how to leverage them.

Webinar Highlights

• IRS Audit Activity during 2024
• IRS Collection Activity during 2024
• IRS priorities for 2025
• IRS Budget and what it means for your client for audits, collection, and criminal investigations
• New Programs that may be beneficial to your client

Who Should Attend

• Accountants,
• Tax preparers,
• CFOs,
• Financial compliance professionals, and lawyers