The IRS wields extensive power to investigate taxpayers, often seeking communications involving third parties like tax preparers and CPAs. While the IRS can access these communications, strategies like Kovel agreements offer protection for taxpayer-accountant interactions.
In the intricate world of tax law, the presence of a Kovel accountant has become paramount in ensuring robust legal representation. The concept of a Kovel accountant allows attorneys to collaborate seamlessly with forensic accountants, obtaining crucial information directly from clients while maintaining the sanctity of the attorney-client privilege.
This CE Tax Webinar delves into the multifaceted realm of Kovel accountants, shedding light on their significance, challenges, and strategies for effective implementation.
Within the Kovel Accountant framework, the attorney-client privilege extends to information obtained during the Kovel engagement. However, the limitations and case law surrounding Kovel agreements introduce a level of uncertainty. For instance, while some courts acknowledge an element of legal advice in tax preparation, others deny the privilege for communications solely related to tax preparation.
To create a watertight Kovel agreement, specific precautions must be taken. Firstly, a written Kovel agreement tailored to the client and the case must be meticulously drafted. Secondly, the engagement of the Kovel accountant should be through the attorney, emphasizing their role as part of the legal team. Lastly, to maintain the sanctity of the attorney-client privilege, a new accountant distinct from the client's existing accountant should be engaged.
Navigate the complex landscape of tax cases with confidence. Join our Webinar to unravel the Kovel Accountant concept, ensuring top-tier service while safeguarding client privacy.
Major Topic covered in this course:
Partner, DeBlis Law
Michael is a trial lawyer. He graduated Cum Laude from The Thomas M. Cooley Law School and Summa Cum Laude from the Thomas Jefferson School of Law with his Masters of Law in Taxation. Michael is known for his charismatic personality and his unyielding dedication to his clients.
Michael spent the first five years of his legal career as a public defender in the NJ Office of the Public Defender cutting his teeth on some of the most serious felony cases to pass through the state courts of New Jersey. He then joined his father's law practice, DeBlis Law, expanding the practice into civil tax controversies and international tax compliance.
As a graduate of the National Criminal Defense College, Michael has trained under some of the best-known criminal defense attorneys in the country. That experience has taught him that justice for a person accused of a crime is only won through a full understanding of the client and the case.
To that end, Michael attempts to understand each client’s case as a convincing narrative, not just as a set of innocuous facts and arcane legal rules.
When he's not in the courtroom, you can find Michael on stage. He is a professionally-trained actor who has performed in off-Broadway productions and on-stage at Shakespeare in the Park. Michael's passionate about helping trial lawyers harness the power of persuasion and positive communication in the courtroom in order to connect to the jury on a human level.
Michael's training as an actor allows him to combine a unique blend of left-brain thinking with right brain artistry to make even the most dull and abstract areas of the law come to life.
Michael is a prolific writer and a passionate blogger. He has written articles that have been featured in leading tax journals and "Law 360."
Michael is a living example of the tremendous power that comes from combining passion, preparation, persuasion, and positive communication in the courtroom. His courage and relentless work ethic have earned him a reputation as a zealous advocate and one of New Jersey’s rising stars of the legal profession.
Course Level
Credits
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
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.
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.
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.
47 Ratings
HP
Feb 14th, 2024
Very good introduction to the concept of Kovel Accountant and what it means.
MS
Dec 13th, 2023
good interesting informative
SG
Dec 30th, 2023
presenter was knowledgable
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