Name
Why Your Client’s Chances of Criminal Prosecution and Civil Fraud Penalties has Dramatically Increased: The IRS New Office of Fraud Enforcement
Date
Tuesday, January 26, 2021
Time
4:20 PM - 5:20 PM (PST)
Sandra Brown R. Damon Rowe Carolyn Schenck
Description

In 2020, the IRS took several steps to signal a renewed focus on tax fraud including the creation of: (1) the Office of Fraud Enforcement Office (OFE) – a new department focused on seeking out tax cheats and abusive tax scheme promoters, naming Damon Rowe, a veteran of IRS Criminal Investigations as the Director of OFE; and, (2) a National Fraud Counsel position to work directly with the OFE, naming Carolyn Schenck, a veteran IRS lawyer in the area of international tax enforcement to that position. Hear directly from these two IRS leaders as they discuss noncompliance areas of noted interest for the OFE, such as high wealth taxpayers, non-filers, international taxpayers, questionable refunds, offer in compromise, virtual currency, and employment taxes as well as discuss the latest updates on the IRS’s voluntary disclosure program.