With a new Commissioner in place, IRS enforcement has reached its highest level in years. The IRS maintains over 50 active "compliance campaigns," and recently announced extensive auditing of "global high-wealth enterprises." Review the key issues, new IRS campaigns and available remedies for taxpayers. Additional discussion will include the focus on violations related to unreported foreign assets, transition/repatriation taxes under Section 965, foreign investors with U.S. property, FATCA, virtual currency, foreign-payment withholding, unreported foreign gifts and inheritances.