The IRS has a stated goal of increasing tax compliance among high-income or high-wealth taxpayers (with income of $200,000 or more). The are testing a new audit approach that will focus on taxpayers who are most at risk for non-compliance such as those who control multiple or tiered entities, or have more than one flow-through business.
The IRS plans to conduct approximately 2,000 compliance visits to return preparers. To determine compliance with the earned income credit requirements, proper recordkeeping, and use of the preparer tax identification number (PTIN).