The IRS has been pursuing non-filers and issuing Notices of Deficiency at a record pace.  This program will explain the opportunities for practitioners to reopen assessed tax liabilities, including audit reconsideration, doubt-as-to-liability offers, amending tax returns, and challenging the assessment at a CDP hearing.  The program will explain each option and when practitioners should consider utilizing each of them.

Learning Objectives:

• Understand how to request audit reconsideration
• Identify when is it possible to use an amended return to reopen a bad assessment
• Explain how Doubt-as-to-Liability Offers work
• Understand how to utilize a CDP hearing to force a reconsideration of a tax liability
• Describe how to use refund requests to reopen a bad assessment

Program #: 15UFN-T-00210-22-O

IRS examiners have become very aggressive in pursuing preparer penalties and appraisal penalties when it believes the professional crossed the line.  This can be for anything from disagreeing with the valuation you arrived at or even failing to file your own tax returns.  These penalties, once paid, will lead to an automatic referral to the IRS Office of Professional Responsibility.  We have defended several professionals lately before the Office and will update you on what the IRS is doing, what you can do to avoid the penalty, and if assessed what to do to avoid the OPR referral.  If referred, we will explain what will happen and how best to defend yourself to avoid losing your license and ability to practice.

Learning Objectives:

• Identify the penalties that create an OPR referral
• Explain how OPR operates
• Describe the process for defending a tax professional before the IRS OPR

Program #: 15UFN-T-00222-22-O

Those late-night commercials make it sound just so easy, but how do you get rid of tax penalties?  This program will cover the various penalties applied by the IRS, and the various ways practitioners can seek to have them removed.  The program will cover First Time Penalty Abatement, abatement for reasonable cause, and how to lay the groundwork for avoiding penalties during the audit.

Learning Objectives:

• Understand the first-time abatement program and when it applies
• Describe reasonable cause for avoidance of penalties
• Identify opportunities to avoid penalties during an IRS examination

Program #: 15UFN-T-00212-22-O

The number one reason why small businesses get into tax trouble is due to the failure to report and pay payroll taxes.  Payroll tax liabilities are such a large part of the Tax Gap that the IRS has started a number of initiatives to deal with the non-compliance by employers which rolled out this past January.  This program will cover the current IRS initiatives to deal with payroll tax issues, including the Trust Fund Recovery penalty and how the IRS will pursue responsible owners and employees of the business it believes is responsible for the unpaid payroll taxes.  The program will also review how practitioners can help their client’s either avoid the Trust Fund Recovery Penalty or resolve the personal liability issues.

Learning Objectives

• Understand how the IRS assesses the company and responsible individuals for the unpaid payroll taxes
• Identify who may be deemed personally responsible for the unpaid payroll taxes
• Explain the assessment procedures under IRC § 6672

Program #: 15UFN-T-00213-22-O

This program will review the pros and cons of the IRS offer in compromise program and compare it to utilizing bankruptcy as an option to resolve a taxpayer’s back tax debt as well as when one option should be considered over the other. The program will cover the basics of an offer in compromise and the various forms of offers, the RCP calculation, and factors to consider when filing an offer in compromise. The program will also explain how bankruptcy works, what taxes are and are not dischargeable, how bankruptcy can be used to force a repayment plan on an otherwise unwilling IRS, and when bankruptcy may be the best option to resolve back tax debts.

Learning Objectives:

• Recall the pros and cons of the IRS offer in compromise program
• Recognize what factors to consider when filing an offer in compromise
• Identify when bankruptcy may be the best option to resolve back tax debts

Program #: 15UFN-T-00214-22-O

When dealing with a cash business the issues surrounding the examination magnify, as now the IRS will delve into what was reported but may have NOT been reported.  This program will review what practitioners need to be considering when preparing for an examination of a cash intensive business.

Learning Objectives:

• Identify how the IRS look’s into what was reported or NOT reported
• Recognize what practitioners need to be considering when preparing for an examination of a cash intensive business
• Identify those industries the IRS views as cash intensive
• Understand the various techniques utilized by the IRS to identify unreported income

Program #: 15UFN-T-00215-22-O

This program will explain the mechanics of the federal tax lien, when it is utilized and what practitioners can do to assist their client to deal with it.  The program will cover discharging assets from the tax lien, subordinating the tax lien, and requesting the lien be withdrawn.

Learning Objectives:

• Explain how the statutory lien works
• Explain the options for selling assets out from under a tax lien
• Identify when a taxpayer may request a lien be withdrawn

Program #: 15UFN-T-00216-22-O

This program will walk practitioners through the various options for payment plans with the IRS to resolve a back tax debt and how to select one type over another.

Learning Objectives:

• Identify the collection alternatives with the IRS
• Understand the various types of installment agreements
• Explain when to select one type of agreement over the other

Program #: 15UFN-T-00217-22-O

This program will update you on where the IRS stands on voluntary disclosure for domestic and foreign issues and how best to use the program to save your client from their past misdeeds. They will also cover topics with the IRS disclosure form 14457 and issues you need to address with the client before filing!

Learning Objectives:

• Determine where the IRS stands on voluntary disclosure for both domestic and foreign issues
• Identify how best to make use of the program to save your client from past misdeeds
• Review issues with the IRS disclosure form 14457 and issues that you need to address with the client before filing

Program#: 15UFN-T-00218-22-O