IRS has recently unveiled plans to establish a specialized unit focusing on high-income compliance and complex pass-through entities. This initiative is part of a broader effort to enhance tax enforcement and fairness, particularly targeting wealthy filers and large corporations. The new unit will operate within the IRS Large Business and International (LB&I) division and will include personnel recruited under a recent IRS hiring initiative.

All Tax Payers are now eligible to voluntarily get an Identity Protection PIN that will help protect you from tax-related identity theft. The IP PIN is a 6-digit number assigned to eligible taxpayers. It helps prevent identity thieves from filing fraudulent tax returns with stolen Social Security numbers (SSNs). An IP PIN helps the IRS verify taxpayers’ identities and accept their electronic or paper tax returns for processing.