Tax Research Skills Part 1 2024

Overview

One of tax practitioners’ most fundamental yet frustrating tasks is tax research: getting answers to tax questions. This two-part series will cover the six-step process of tax research, from establishing the facts, identifying issues, locating and evaluating authority, and developing and communicating recommendations and conclusions of the research. With each of these steps, tips and techniques are discussed and demonstrated to improve the process’s efficiency and effectiveness through electronic tax research services (CCH IntelliConnect and RIA Checkpoint) and the Internet.

Highlights

• Primary and secondary sources of authority
• Research methodologies
• Online tax research sources
• Evaluating and communicating tax research results

Prerequisites

General knowledge in performing tax research.

Designed For

CPAs, enrolled agents, attorneys and tax professionals.

Objectives

• To understand the differences between each of the primary source authorities and hierarchical weight of each
• To develop and enhance an accountant's ability to analyze facts, identify tax issues, locate and evaluate primary source authority using an electronic tax research service
• Reasoning skills in evaluating conflicting administrative (IRS) and judicial sources (court decisions)
• Synthesizing skills through reconciling and/or distinguishing similar cases

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.