Course Description
Are tax problems keeping your clients awake at night? Are your clients afraid that they could lose their home, business or other assets?
Delinquent returns are often more closely examined and scrutinized by the IRS, requiring that much more care and accuracy to avoid audits. Clients often require experienced attorney that can provide the expertise needed alongside the protection of the attorney-client privilege — a vital asset if you feel that you’re at risk for prosecution. Delinquent taxes, if handled in the wrong way, drastically increase the chance of criminal prosecution or enforced collection activity.
As Per the Taxpayer Inspector General for Tax Administration (TIGTA) Non-Filers for 2011 - 2013 accounted for $39 Billion in Unpaid Income Taxes Due the Government. Learn what the IRS is currently doing to address this problem.
This webinar will cover :
- How far back a taxpayer should file to be in compliance per the Internal Revenue Service.
- Identify how Non-Filers are not Equal.
- How the Accountant should approach a Non-Filer situation regarding amount of Years Past Due?
- Filing Status on the Delinquent Returns.
- Statute of Expiration Implications.
- IRS filing of Substitute for Returns on behalf of Taxpayer.
Learning Objectives
- IRS filing of Substitute for Returns on behalf of Taxpayer.
- Recall the process for bringing non-filers back into the tax season
- To Identify opportunities to resolve the client’s outstanding balance
- The process of income estimation if income related information cannot be produced by the client.
- To recognize importance of cooperation with the IRS.
Who Should Attend?
- Accounting Firm
- Cloud Firms
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- CPA in Business
- Entrepreneurial CPA
- Staff of Accounting Firm
- Tax Accountant (Industry)
- Tax Attorney
- Tax Director (Industry)
- Tax Firm
- Tax Managers
- Tax Practitioners
- Tax Preparer
- Tax Pros
- Young CPA
