This course offers students a unique opportunity to learn from two tax professionals as they share their expertise in a myriad of IRS practice and procedure subjects. Both Stuart Sobel and Steven Mopsick retired from high-level positions with the Internal Revenue Service. Since their retirement, they have practiced extensively in the private sector. Between them they have 90+ years of tax wisdom to share. This course focuses on the challenging subjects of IRS appeals, penalties and interest abatement. Stuart and Steven’s wisdom can help you find answers to tax dilemmas when you are dealing with appeals, penalties, and the abatement of interest.
Analysis of the different types of IRS completed cases
o No change
o No liability
o Regular agreed
o Excepted agreed
o Partially agree
• Hierarch of tax authority
• Types of appeals cases
• Preparing IRS protest letters
• Negotiating an appeals settlement
• IRS penalties
o Abatement and reasonable cause
o IRC Penalty Handbook
• Disclosure of questionable positions
• Abatement of IRS interest – IRC 6401
Understand the completed case process for IRS examinations.
Represent a client before the IRS appeals function.
Enhance knowledge of IRS penalty and interest abatement process.
Avoid tax practice mistakes in client representation.
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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