Events Search
  Summary & Check Out (0)
Monday, November 25, 2024 Live Webcast

IRS Tax Examinations and Hot Issues (E2411292)

1:00 PM - 4:30 PM EST

Registration: 12:30 PM EST

webcast

Vendor Platform

4 CPE Credits in TX

OVERVIEW

Due to IRS issue focused examinations, CPAs need to understand what types of returns are selected for examination and ways to help clients survive an IRS audit with little or no change. As a result of issue focused examinations, CPAs must understand what the high audit risk area issues are and what the IRS is focusing on when a return is examined. In addition, because tax-related identity theft is a common issue for many taxpayers, it is critical for CPAs to understand the procedures necessary to resolve this matter for their clients.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

CPAs in public practice who prepare tax returns and represent their clients on IRS examinations

BENEFITS

  • Understand the IRS process for selecting returns for examination
  • Identify the types of returns the IRS is examining
  • Understand the hot examination issues that the IRS is focusing on to help clients reduce their exposure to additional tax assessments
  • Determine if your client is a victim of tax-related identity theft and the procedures to use to resolve strategies for dealing with IRS examiners and presenting your clients’ tax positions in the best light possible

HIGHLIGHTS

  • Coverage of the Inflation Reduction Act of 2022
  • Criteria that the IRS uses to select returns for examination
  • Vehicles, meals, and virtual currency considerations
  • Worker classification determinations on who is an employee and who is an independent contractor
  • S corporation officer’s reasonable compensation issues
  • Responsibilities to pay the employment taxes when the business defaults
  • Tax-related identity theft procedures

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in preparing individual and business tax returns

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for IRS credit

INSTRUCTOR

Gregory Carnes

Gregory A. Carnes

PRICING

$199.00 - Member

$274.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Surgent

AREAS OF INTEREST

ALSO QUALIFIES FOR