DESCRIPTION
This course will demystify IRS procedures and describe the notices generated at each step in the process so that you will understand the reasons for specific correspondence types. Methods for responding to IRS correspondence will be presented so that you can resolve IRS issues quickly and effectively.
Correspondence received from the IRS can be disconcerting and confusing. Often the exact nature and specific meaning of the correspondence is anything but clear. To make matters worse, budgetary constraints have caused the IRS to limit access to walk-in centers and to shift resources away from face-to-face contact in favor of correspondence audits and other communication by mail.
This course will equip you with the knowledge and skills necessary to alleviate the angst that often accompanies the receipt of a letter from the IRS.
Learning Objectives:
- You will be able to define privelege issues.
- You will be able to review how to deal with penalties.
- You will be able to explain statute of limitations issues.
- You will be able to discuss important documentation issues.
Topics Covered:
- IRS Assessment and Collection Procedures and Related Correspondence
- General Approaches to IRS Responding to IRS Correspondence
- Dealing with the CP2000 Notice
- Efficiently Handling Correspondence Audits
- Interest and Penalty Notices
- Identifying Fake IRS Notice Scams
Who Will Benefit:
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Professionals
- Attorneys
- Other Tax Preparers
Credits & Other Info:
Session Duration: 100 Minutes
Session Prerequisites and preparation: None
Session learning level: Introductory
Delivery method: Group Internet Based
NASBA and IRS Credits : 2 Tax Hours
IRS CE Provider #: DFFSC
NASBA Sponsor #: 138804