Koskinen Says Improving Compliance, Ensuring Funding Top IRS Priorities

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Newly confirmed Internal Revenue Service Commissioner John Koskinen said some of the top priorities for his office include improving compliance, ensuring the IRS has enough money as part of the budget process, building employee morale and working to restore the public's trust in the wake of controversy.
Speaking to reporters during a 45-minute meeting Jan. 6, Koskinen said implementing both the Affordable Care Act and the Foreign Account Tax Compliance Act are key goals, with FATCA expected to provide a significant amount of information to help the IRS fight offshore tax evasion.
It symbolizes “the increasing capacity of the IRS and the U.S. to be able to track down offshore accounts and those who have been avoiding income taxes,” Koskinen said. FATCA is expected to be a big step forward in tax compliance, he said.

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