On May 20, 2021, the U.S. Department of the Treasury (“Treasury”) released the American Families Plan Tax Compliance Agenda, a report detailing the Biden administration’s proposed measures to raise $700 billion in additional tax revenue over the next decade through the Internal Revenue Service (“IRS”) and its enforcement-related efforts (the “Report”).  Additional detail about these proposals will likely be available in Treasury’s “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals,” the so-called Greenbook,…