IRS Study Hall (13090)

Tuesday, December 17, 2019 / Atlanta, GA

This event is IRS approved CPE for Enrolled Agents, CPAs, and Tax Preparers

GSCPA presents the IRS Study Hall, a one-day, two-session event that deep dives into the types of returns selected for audits, and how CPAs can reduce their clients’ exposure to additional tax assessments. Also, walk through the process of utilizing the IRS appeals process with a tax matter in disagreement.

ATTENDANCE OPTIONS
In-Person Attendance at the GSCPA Learning Center. Register below.

Live Stream Attendance
 from anywhere you can access the internet. Register here >>

 

Event Status: OPEN

Event ID: #13090

CPE: 8.0 credits

Total Price: $340.00

Other Attendance Options

These related conferences are also available for purchase.

No Thanks
 

Are your clients at risk of an IRS audit? Are they prepared for one if it happens? The IRS has dramatically ramped-up its examination of individuals and small business taxpayers, and they’ve been very tough on issues like the net investment income tax as well as Schedule C and cash basis. Perennial audit risk areas like vehicles, meals, and entertainment, and fringe benefit documentation also remain hot. Join us to understand the triggers for an audit and ways to help clients sail through.
 
Part 1: IRS Tax Examinations and Hot Issues
Due to IRS issue-focused examinations, CPAs need to understand the types of returns 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 examining a return. Also, because tax-related identity theft is a common issue for many taxpayers, CPAs must understand the procedures necessary to resolve this matter for their clients.

Learning Objectives

  • Understand the IRS process for selecting returns for examination
  • Identify the types of returns the IRS is examining
  • Understand what the hot examination are issues 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


Part 2: Navigating Your Client Through the IRS Appeals Process
Even though a client’s matter may be taken directly to the court, utilizing IRS Appeals usually results in saving your client both time and money. Discuss the misunderstood process through IRS Appeals.  

Learning Objectives

  • Identify strategies in speaking informally with the examiner’s supervisor
  • Recognize how to craft the appeal to best affect the desired findings for your client
  • Identify strategies regarding in person, correspondence, or phone conferences with IRS Appeals
  • Utilize IRS Appeals, the only level of appeal within the IRS, to avoid costly, contentious, and time-consuming court trials

Tuesday, December 17, 2019

8:00am-11:30am
Part 1: IRS Tax Examinations and Hot Issues Credits: 4.0 TX

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 are the high audit risk area issues 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.

Major Topics
• Criteria that the IRS uses to select returns for examination
• 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

12:00pm-3:30pm
Part 2: Navigating Your Client Through the IRS Appeals Process Credits: 4.0 TX

Despite the fact that a client’s matter may be taken directly to court, utilizing IRS Appeals usually results in saving your client both time and money. Join us as we discuss the misunderstood process through IRS Appeals. 

Major Topics
• Requesting a meeting or phone conference with the examiner’s supervisor
• Requesting review of the examiner’s decision by a local appeals office
• Small case requests when tax, penalties, and interest for each period are $25,000 or less
• Writing and filing a Formal Protest, including required information
• Alternative Dispute Resolution options available to clients
• Negotiation and time limitations

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Printed Materials

Conference Site

GSCPA Learning Center
6 Concourse Pkwy Ste 800
Atlanta, GA 30328

404-231-8676

 

For more information about hotel reservations, please refer to the information tab.

Standard Registration

$340 GSCPA Members, $440 Non-Members

 

Late Registration

$380 GSCPA Members, $480 Non-Members (after 12/14/2019)