The Coronavirus Disease 2019 (COVID-19) pandemic caused the closure of Internal Revenue Service offices and service centers nationwide and the plummeting of new tax examinations. Although certain functions and ongoing cases within the IRS continued during this period, many did not, and new examinations of tax returns and enforced collection activity were put on hold under the People First Initiative. But the IRS is reopening, and taxpayers can and should expect that the agency will resume its normal activities with a focus on issues and areas of noncompliance that it has identified for priority treatment. This GT Alert identifies such priority areas.
Continue reading the full GT Alert, “IRS Audit and Investigation Priorities Now That the IRS Is Back in Business.”