IRS Advisory Council: Impact on Tax Administration

AFSP

CRTP

CPA (US)

ORTP

CPA/PFS

ChFC

Maryland Tax Preparer

FSCP

CASL

ChSNC

RICP

WMCP

LTC

IA LPA

ME LPA

DE LPA

Free (Only Today)

1.5 Credits

Subject Area

Taxes

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Course Description
Course Qualification
Presenter
FAQ

Course Description

Embark on an illuminating journey into the world of the IRS Advisory Council (IRSAC) and discover a comprehensive spectrum of insights and initiatives designed to revolutionize tax administration.
In this CE Tax course, explore the essence of IRSAC and its pivotal role as a dynamic platform for constructive dialogue, shaping fair tax laws, and ensuring efficient administration. Navigate a Website Walk Through, where a treasure trove of cutting-edge resources, tools, and reports awaits, empowering you with the knowledge to make informed tax decisions. Immerse yourself in the power of the Annual Report, a strategic roadmap that propels the evolution of IRS policies and fosters a future-forward tax landscape.
This course will cover the Taxpayer Digital Communication Initiative and the triumphs of IRSAC through captivating Success Stories that showcase the tangible impact of strategic recommendations on tax administration. Engage in a thought-provoking Comparison of the IRS Advisory Council and Taxpayer Advocacy, delving into the distinct yet complementary realms that amplify your voice in the taxation landscape. This comprehensive course offers a transformative experience, inviting you to harness the power of expert insights, strategic recommendations, and visionary innovation.
Key topics covered in this course:
What is IRS Advisory Council?
Annual Report
Taxpayer Digital Communication Initiative
IRSAC Success Stories
Comparison of IRS Advisory Council and Taxpayer Advocacy
Panel: What’s the Difference?
Critiques and Committees
Small Business/Self-Employed (SB/SE) Subcommittee
Large Business & International (LB&I) Subcommittee
Tax Exempt & Government Entities (TE/GE) Subcommittee
Mapping the Future: 10 Challenges Ahead for IRSAC
Artificial Intelligence and IRSAC
GPT Prompts IRSAC Members Could Use in Their Work
Selected Member Bios
How to Apply for IRSAC Membership
Join us on this captivating journey through the facets of IRSAC, where expertise meets action and transformation shapes the future of tax administration.

Learning Objectives

To explain how to leverage the diverse knowledge and experience of IRSAC members, which include seasoned tax professionals like accountants.
To discuss the significance of staying updated on the recommendations put forth by IRSAC to the IRS.
To recognize the significance of IRSAC's role in evaluating the impact of new tax legislation and offering recommendations for effective implementation.

Course Qualification

Webinar Qualifies For

1.5 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
1.5 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
1 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01661-23-S)
1 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01661-23-S)
1 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1318)
1.5 CPD Credit of Taxes for Personal Financial Specialist (PFS)
1.5 CPE Credit of Taxes for Chartered Financial Consultant (ChFC)
1 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01661-23-S)
1 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01661-23-S)
1.5 CPE Credit of Taxes for Retirement Income Certified Professional (RICP)
1 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-01661-23-S)
1.5 CPE Credit of Taxes for Financial Services Certified Professional (FSCP)
1.5 CPE Credit of Taxes for Wealth Management Certified Professional (WMCP)
1.5 CPE Credit of Taxes for Chartered Advisor in Senior Living (CASL)
1.5 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE Credit of Taxes for Chartered Special Needs Consultant (ChSNC)
1.5 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)

Additional details

Course Level :

Basic
Credits :

1.5
Pre-requisites :

None
Advance Preparation :

None

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MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Presenter

About Presenter

Garrett Wasny, MA, CMC, CITP/FIBP

Garrett Wasny, MA, CMC, CITP/FIBP, is an artificial intelligence skills advisor to accountants worldwide and Director of the forthcoming AI Accounting Future Forum. This groundbreaking platform is set to revolutionize how accounting professionals engage with artificial intelligence. A former Price Waterhouse management consultant, Garrett has authored 60+ ebooks, delivered thousands of seminars and webinars to elite accounting enterprises around the globe, and developed dozens of AI apps on accounting technology, tax and ethics topics.

Faq

FAQs content

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Ratings and Review

4.2

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Very Good

Average

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Michael Mcmahon, CPA (US)

This is a great way to learn about the IRS advisory council.

Yogesh Joshi, CPA (US)

Good. Thanks

Ghazwan Mikeal, CPA (US)

Great

John Shutt, CPA (US)

Nice

Denise Banton, EA

I never found the webinar or study materials... Instead, I googled the material and went to IRS sites, etc. If there was an e-book or webinar on this topic it would have been easier to learn...