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Abstract: 

In a June 18, 2020, NYU School of Professional Studies Tax Controversy Forum webcast, Tamera Ripperda, Commissioner of the IRS Tax-Exempt and Government Entities (TE/GE) Division stated that she expects an increase in the rate at which private foundations are audited. Ms. Ripperda has been quoted as saying, “We have identified a little over 1,000 cases, or 1,000 private foundations, that have linkages or that are interwoven into” these global high-wealth enterprises.” Ms. Ripperda appeared with other IRS leadership on a panel entitled, “Tax Compliance and Enforcement Roundtable: The New Era of Inter-Division Collaboration.” The panel topics included a discussion of “current priorities and initiatives, and how the different divisions of the IRS work together to address non-compliance.”

Keywords: High-Income Nonfilers; Loans and Linkages Between Private Foundations and High-Income Nonfilers

Affiliations:  1: Clark Hill PLC.