The Inflation Reduction Act - What the IRS is doing with $80 Billion
Author: Susan Harper
CPE Credit: |
2 hours for CPAs 2 hours Federal Tax Related for EAs and OTRPs 2 hours Federal Tax Law for CTEC |
Learn more about the Inflation Reduction Act (IRA), creating a transformational opportunity for the future of tax administration. Join Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 34 years to address this once-in-a-generation investment, totaling approximately $80 billion in funding over the next decade to provide the resources the IRS needs to dramatically change the way it serves taxpayers, harness the power of contemporary technology, invest in and grow its public servants with new tools, skills, and capabilities, and address the drivers of the tax gap.
Publication Date: July 2023
Topics Covered
- Executive Summary
- Objectives & Initiatives
- Managing the Transformation
- Case Study
- Context & Background
Learning Objectives
- Describe the Transformational Opportunities for Future Tax Administration
- Recognize what is True and Not True for the $80 Billion Expenditure
- Identify the Resources to Seamlessly Help Taxpayers and Paid Preparers
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None