Critical Tax Procedural Issues for CPAs 2024

Overview

Tax procedures account for many internal revenue and revenue taxation codes. This course focuses on key tax procedure issues involved in tax compliance and representing taxpayers in tax controversy matters. Examine issues including return due dates, statutes of limitations for IRS assessments of taxes and taxpayer claims for refund, various ‘relief’ provisions available to taxpayers for oversights, and corrective actions. If the CPA tax preparer/adviser is unaware of or overlooks some provisions, it may be too late to take action. This two-hour webinar focuses on key tax procedure issues in tax compliance and representing taxpayers before the IRS and Franchise Tax Board in tax controversy matters.

Highlights

• Key compliance procedures concerning return preparation of original and amended returns
• Understanding key procedures about IRS examination
• Understanding key relief provisions for oversight, errors and later discovered facts or information

Prerequisites

Two years of experience in preparing income federal income tax returns or equivalent educational experience.

Designed For

CPAs and Tax professionals.

Objectives

• To alert tax preparers and advisers to critical procedural provisions that may benefit clients
• To inform tax preparers and representatives of tax procedure that may benefit a client in avoiding, addressing or mitigating adverse return examination issues
• To enable tax preparers and adviser to identify and utilize key taxpayer `relief' provisions in federal and California tax law

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.