Most recently it was mentioned in the New York Times as investigating the handling of the request for President Trump’s tax returns. TIGTA 2020 Audit PlanWithholding Compliance of Partnerships With Foreign Partners“Determine the effectiveness of the IRS’s efforts in ensuring withholding compliance of partnerships with foreign partners. Virtual Currency Exchange Audits“Evaluate the IRS’s efforts to ensure the accurate reporting of virtual currency transactions as required under U.S. Code (U.S.C.) TIGTA 2020 Audit PlanThis could be bad news for the “CTC educated” filing refund claims using Peter Hendrickson’s “Cracking The Code”. If you think about it the reports will be out and the IRS will have responded by the time 2020 returns are being subjected to audit.

Source: Forbes October 20, 2019 05:15 UTC