This 50-minute webinar, which turned into three hours after the unintended 2-hour Q&A, covers information that CPAs, Enrolled Agents, and tax attorneys need to know in regard to IRS Collections Division actions during the coronavirus situation. This webinar includes technical guidance, marketing suggestions, and tasteless jokes for your entertainment. Recorded: March 27, 2020. Information was accurate as of the date of recording, but may be grossly outdated by the time you actually watch this. Replay not eligible for CPE.
Full Text of the People First Initiative News Release
Reposted for archival and informational purposes.Â Original news release at irs.gov. IR-2020-59, March 25, 2020 WASHINGTON â€” To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions. â€œThe IRS is taking extraordinary steps to help the people of our country,â€ said IRS Commissioner Chuck Rettig. â€œIn addition to extending tax deadlines and working on new legislation, the IRS is pursuing unprecedented actions to ease the burden on people facing tax issues. During this difficult time, we want people working together, focused on their well-being, helping each other and others less fortunate.â€ â€œThe new IRS People First Initiative provides immediate relief to help people facing uncertainty over taxes,â€ Rettig added â€œWe are temporarily adjusting our processes to help people and businesses during these uncertain times. We are facing this together, and we want to be part of the solution to improve the lives of all people in our country.â€ These new changes include issues ranging from postponing certain payments related to Installment Agreements and Offers in Compromise to collection and limiting certain enforcement actions. The IRS will be temporarily modifying the following activities as soon as possible; the projected start date will be April 1 and the effort will initially run through July 15. During this period, to the maximum extent possible, the IRS will avoid in-person contacts. However, the IRS will continue to take steps where necessary to protect all applicable statutes of limitations. â€œIRS employees care about our people and our country, and they have a strong desire to help improve this situation,â€ Rettig said. â€œThese new actions reflect just one of many ways our employees are working hard every day to assist the nation. We care, a lot. IRS employees are actively … Continue reading