The IRS has faced significant funding and resource cuts, which will have widespread implications for taxpayers, businesses and tax professionals. In this exclusive webinar, Former IRS Commissioner and K1x Board Member, Chuck Rettig will discuss with K1x CEO, John LaMancuso, how these budget reductions are reshaping the agency's ability to provide support, conduct audits, and enforce compliance. Learn what to expect, how the IRS is prioritizing its limited resources and what these changes mean for you.
Learning Objectives:
- Understand Recent IRS Changes – Learn about the most significant updates in IRS policies, systems, and resources, and how they impact tax preparation and filing.
- Explore Support & Compliance Initiatives – Gain insights into the IRS's approach to improving taxpayer services, handling audits, and strengthening enforcement.
- Prepare for the 2025 Tax Season – Identify key takeaways for individuals and businesses to stay compliant, avoid penalties, and maximize tax planning strategies.
