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Sobel avoidingpt2

AVOID TAX PRACTICE MISTAKES - APPEALS, TECHNICAL ASSISTANCE, P & I - PART II

CPE Processing Fee$60.00
Webinar TranscriptionN/A
Presentation Length Hour(s)3.0 hours
CPE Credits 3.0 hours
Subject Area 3.0 - Taxes
CE Credits 0.0 hours
Course LevelIntermediate
Instructional MethodQAS Self-Study
PrerequisitesExperience in representing or advising clients before the IRS in tax compliance or controversy
Advance PreparationNone
Recorded DateDecember 17, 2016
Date OfferedDecember 17, 2016
Expiration DateDecember 17, 2017
Series: Taxes
Course Description

Tax practice and the resolution of tax problems with the Internal Revenue Service can be tedious and outright challenging. This course will show practitioners how to navigate through the confusing IRS system, help them save time, and enable them to avail their clients of all the rights to which they are entitled. The techniques and tools this course provides will make tax practice less “taxing.” Major Topics: Appeals:

* Preparing protests to the IRS 30-day letter
* Working and resolving issues with the IRS Appeals Office
* Negotiating settlement agreements and closing agreements

Technical assistance:
* Requesting a private letter ruling or technical advice memorandum
* Securing IRS §444 elections for S corporations
* Exempt organization determinations

Penalties and interest:
* Abating penalties – failure to file, pay, estimate, deposit, and others
* Avoiding substantial underpayment of tax and valuation misstatement penalties
* Avoiding return preparer penalties
* Abatement of interest
* Avoiding the filing of frivolous tax returns

Self-Study Course Instructions:

FOR DOCUMENT-BASED COURSES

Download the course document(s) (below) and follow prompts contained in the document.



FOR RECORDED COURSES WITH VIDEO

Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable.

Play the recording, noting the sectional guides indicating where topics on the agenda are covered and the prompts to pause video playback to respond to a review question (located below the video playback area). The timestamps for review questions are also noted below.

Upon completing the video and successfully answering all review questions, you will then take the final exam.

Learning Objectives

  • Gain a better understanding of IRS procedures.

  • Understand how to avoid major mistakes in dealing with the Internal Revenue Service.

  • Find out how to provide the best advice for clients.

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Handout Materials
Presentation Slides
Review Questions
Review Questions
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

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Stuart “Stu” Sobel combines an in-depth knowledge of taxation and nonprofits with an ability to communicate clearly. A dynamic speaker, Stu seeks to help people understand the very complex world of taxation in every day terms. And he’s just the person to do it — Stu has been in the industry for 48 years. He worked in examination and high level positions at the IRS for 30 years. Following that, Stu spent nine years as the producer and host of his own nationally syndicated radio program called Wise Choices: Taxes and Charity Today. He also ran his own tax and nonprofit consulting firm for 12 years (Stuart Sobel Consulting, Inc.). He has helped create over 2,500 nonprofit organizations worldwide. His expertise on the topic of nonprofit taxation has earned him the title “The Guru of Giving.”

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About Our Presenter

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