The IRS issued its 2019 Report with an opening message that, “Our people are the strength of the IRS and we want to do more!” The report provides insight into the extent of the IRS’ efforts in helping people throughout the country, and plans to increase efforts in 2020, including implementing provisions in the Taxpayer First Act and the Business Modernization plan.

In fiscal year 2019, the IRS accounted for nearly $3.56 trillion in gross receipts, which is about 96% of the gross revenue received on behalf of the United States, says IRS Commissioner Chuck Rettig. The IRS will continue to focus on enforcement in areas such as virtual currency, syndicated conservation easement, micro-captive insurance shelters, and employment tax non-compliance.

For the full report, click here.