The IRS recently reminded us that 2019 tax returns need to be filed by July 17, 2023, to claim any refunds on the 2019 tax returns, otherwise, the IRS will keep the refunds.
As you recall, the IRS extended the filing deadline for 2019 tax returns to July 15, 2020, which extends the statute of limitations to claim the refund beyond April 15, 2023. We will review the three very important statutes of limitations for taxes. RSED - Refund Statute of Limitations. ASED - Assessment of Statute of Limitations. CSED - Collections Statute of Limitations. Tax professionals need to understand this statute of limitation rules so their clients will not owe additional tax or lose their refunds.
Major Topics Covered:
Join this CE Tax Webinar to understand the statute of limitations rules which can help you to optimize your tax situation. Don't let the deadline slip by! Act now to file your 2019 tax returns and claim your refunds before it's too late.
Owner, Pon & Associates
Lawrence Pon is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner, Enrolled Agent, United States Tax Court Practitioner, and Accredited Estate Planner in Redwood Shores, CA
Mr. Pon has been in tax practice since 1986 and speaks regularly to tax professionals and financial advisors on the latest tax planning and preparation topics.
Mr. Pon enjoys helping his clients reach their financial goals through comprehensive tax planning and financial planning.
Mr. Pon received his BS in Business Administration (Accounting & Finance) from UC Berkeley and MS in Taxation from Golden Gate University in San Francisco.
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.
168 Ratings
JG
Aug 8th, 2023
This was my second CPE experience with Mr. Pon and he did a wonderful job by adding those personal experiences or even adding a few jokes. I know statute of limitations may not be the best thing to listen to, but he had my full attention for the 2 hours.
OM
Nov 22nd, 2023
Great speaker on a seldom treated topic. He used the allotted time and then some. The subject needs more time. More war stories would help in solidifying the conceptualization of the Statute(s) of Limitations
JL
Dec 21st, 2023
This Webinar provided me with quality continuing education material in the most cost-effective way. The topic was very informative, and I expect to utilize the things I learned in the performance of my job.
RP
Dec 20th, 2023
Well pleased with material. Have not faced the need for many of the issues, but more familiar with the possibilities.
PC
Oct 23rd, 2023
Good refresher course for regulations you thought you always knew. Very good course and Larry is always enjoyable.
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