[et_pb_section fb_built=”1″ _builder_version=”4.16″ custom_padding=”22px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_cta title=”Empower America’s Legacy: Join the Movement for Family Businesses!” button_url=”https:\/\/familyenterpriseusa.com\/2024-annual-family-business-survey\/?utm_source=FEUSA&utm_medium=cta&utm_campaign=2024Survey” button_text=”Help Us Improve: Click here to participate in the survey now.” admin_label=”Call To Action Top” _builder_version=”4.23.2″ _module_preset=”default” background_color=”#397389″ custom_button=”on” button_bg_color=”#ff0019″ custom_padding=”16px||19px|||” global_module=”9695″ saved_tabs=”all” global_colors_info=”{}”][\/et_pb_cta][et_pb_divider _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”1″ _builder_version=”4.24.0″ text_font=”||||||||” text_font_size=”16px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
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At the IRS, we know we need to do more\u2014this tax season and beyond. That\u2019s why our focus has been on using the historic Inflation Reduction Act funding to make improvements in three areas: taxpayer service, compliance, and protecting taxpayers and the tax system from scams and fraud.<\/p>\n
In the area of service, we\u2019re focused on helping taxpayers get it right the first time and avoid the need for back-and-forth engagement to fix errors when filing returns or claiming credits and deductions. We want taxpayers to interact with us seamlessly in whatever way works best for them\u2014on the phone, in person, or online.<\/p>\n
To improve in-person service, we continue to expand our Taxpayer Assistance Centers nationwide. Inflation Reduction Act\u00a0funding<\/a>\u00a0has allowed us to open or reopen 50 TACs and bring on more than 850 new TAC employees. Our goal is for TACs to offer 8,000 more hours of in-person assistance this filing season than they did last tax season.<\/p>\n Those who choose to interact with the IRS online deserve the same functionality in their digital IRS accounts that they have with their banks or other financial institutions. We\u2019ve expanded the capabilities of the IRS Online Account, so this filing season, taxpayers can do more types of transactions in those accounts.<\/p>\n And we\u2019re taking important steps toward our ambitious long-term goals of giving taxpayers the ability to file all documents securely, respond to all notices online, and securely access and download their data and account history. Enhanced paperless processing means taxpayers can send all correspondence, non-tax forms, and responses to notices digitally, enabling up to 125 million paper documents to be submitted digitally per year.<\/p>\n Another important long-term goal for us in the years ahead involves letters sent by the IRS. We\u2019re working to\u00a0simplify<\/a>\u00a0the notices that taxpayers receive, which can cause confusion\u2014forcing recipients to call the IRS or their tax professional\u2014and potentially causing them to lose out on credits or deductions they\u2019re eligible for.<\/p>\n Simplifying these core communications can help reduce the burden on everyone by freeing up resources to help other taxpayers.<\/p>\n A central part of the IRS\u2019s mission is to meet taxpayers where they are and ensure they have options to fulfill their tax obligations. This year, we\u2019re conducting a special\u00a0Direct File pilot<\/a>\u00a0that will let people in 12 states file tax returns electronically directly with the IRS for free.<\/p>\n This would be another choice for taxpayers who already have a variety of ways to file their tax return, including using a tax professional, tax software, or the IRS Free File program. The Direct File pilot will allow us to further assess customer and technology needs and evaluate and develop solutions to meet taxpayers\u2019 needs in years to come.<\/p>\n In the area of compliance, you\u2019ll see us continuing to take swift and aggressive action to ensure high-income taxpayers with issues pay what they owe. We continue to place increased scrutiny in this area as we work to reverse the historically low audit rates for large corporations, complex partnerships, and high-wealth individuals.<\/p>\n A key area of focus is on millionaires and billionaires who evade taxes. These efforts are concentrated among taxpayers with more than $1 million in income and more than $250,000 in recognized tax debt. Over the past year, the total we\u2019ve recovered through these new initiatives is $520 million, and that\u2019s just the beginning.<\/p>\n We\u2019re also expanding compliance efforts related to the largest US corporations and partnerships. Funding from the Inflation Reduction Act allows us to hire the accountants, data scientists, and other specialists who can unpack these complex returns, find any issues that exist, and hold these corporations and partnerships accountable for what they owe.<\/p>\n The third area we\u2019ve been focusing on is protecting taxpayers and the tax system from the growing threat of scams and schemes. As commissioner, I believe it\u2019s a top\u00a0priority<\/a>\u00a0for the IRS to be on the side of taxpayers, and I want to make sure we\u2019re doing everything we can to warn and protect taxpayers when issues appear.<\/p>\n These are just the first steps in a multiyear effort at the IRS. The added funding covers a decade, and the agency will be working to build on the momentum of the past year and this tax season.<\/p>\n In the months and years to come, taxpayers can expect to see an IRS that\u2019s easier to navigate, with more ways to access the information they need with expanded online tools and live assistance. While we\u2019re seeing continued improvements, it\u2019s important to recognize that some changes will take years to realize after decades of underfunding.<\/p>\n Through our actions and improvements, our plan for investing this historic Inflation Reduction Act funding is simple: If you are middle or low income, new IRS funding will mean better service; if you are a high-income taxpayer with a tax issue, new funding will mean more scrutiny.<\/p>\n Our tax system depends on trust and integrity, and I\u2019m committed to using it to make long-term, sustainable improvements that support a fair tax system for all.<\/p>\n [\/et_pb_text][et_pb_divider divider_style=”dotted” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text disabled_on=”off|off|off” admin_label=”Become a member text” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5822″ global_colors_info=”{}”]<\/p>\n As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.<\/p>\n The need for fact-based reporting of issues important to multi generational businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, multi generational businesses<\/a> and family businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to generationally-owned family businesses<\/a> built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/donate\/” button_text=”Become a Family Enterprise USA Member” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Become FEUSA member button” _builder_version=”4.21.0″ _module_preset=”default” custom_button=”on” global_module=”6503″ global_colors_info=”{}”][\/et_pb_button][et_pb_divider divider_style=”dotted” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_video_slider disabled_on=”off|off|off” admin_label=”Video Slider Family Business Stories 1″ _builder_version=”4.19.1″ _module_preset=”default” global_module=”5963″ global_colors_info=”{}”][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=3k9d1tFz5AU&t=22s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=kG0lDKbmJxg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=HFK8SG1VSco” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=Z15BqbFOYck” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=bsn5xYrxhJg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=PL3K3rK7ioA&t=5s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=CpXRbRBhPKc” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][\/et_pb_video_slider][et_pb_text disabled_on=”off|off|off” admin_label=”FEUSA Statement” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5910″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n Family Enterprise USA<\/a> promotes generationally<\/a> owned family business<\/a> creation, growth, viability, and sustainability by advocating for family businesses<\/a> and their lifetime of savings with Congress<\/a> in Washington DC.\u00a0 Since 2007, Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0Family foundations can donate.<\/a><\/p>\n [\/et_pb_text][et_pb_text disabled_on=”off|off|off” admin_label=”Hash tags & Tags” _builder_version=”4.21.0″ _module_preset=”default” global_module=”6498″ global_colors_info=”{}”]<\/p>\n #incometax #taxseason #federaltaxpolicy #taxation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #CapitalGainsTax #incometaxrates #incometaxseason #taxrefund #taxreturn #incometaxreturn #gifttax #Generationskippingtax #InheritanceTax #repealestatetax #FamilyBusiness #promotefamilybusinesses #familyowned #supportlocalbusiness #womeninbusiness #AdvocatingForFamilyBusinesses #Generationallyowned #Multigenerationalbusiness\u00a0 @FamilyEnterpriseUSA @PolicyAndTaxationGroup @DitchTheEstateTax #FamilyEnterpriseUSA #PolicyAndTaxationGroup #DitchTheEstateTax<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" IRS Commissioner Danny Werfel explains how the agency is focusing on wealthy tax dodgers and corporate compliance this year while working to improve online, telephone, and in-person assistance for taxpayers. It\u2019s tax season, the time when hundreds of millions of Americans have a new item on their to-do list by getting ready to file. […]<\/p>\n","protected":false},"author":2,"featured_media":10395,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[43,48,92,78,76,36],"tags":[],"class_list":["post-10393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estate-taxes","category-family-businesses","category-multi-generational-business","category-in-the-news","category-income-taxes","category-taxes"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/10393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10393"}],"version-history":[{"count":3,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/10393\/revisions"}],"predecessor-version":[{"id":10398,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/10393\/revisions\/10398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/10395"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…<\/em><\/h4>\n
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