July 11, 2024

Live Webcast

NYSED 8

Hot IRS Tax Examination Issues for Individuals and Businesses Webcast

July 11, 2024
Live Webcast
NYSED 8

  • Instructor

    Joel
    DiCicco

  • Prepare now and protect yourself from new audit examinations, and what to do when there is identity theft
  • Understanding substantiation requirements for travel, charitable contributions, vehicles, meals, and virtual currency considerations
  • Gain an in-depth understanding of IRS hot examination issues including passive loss rules, real estate professional status, and the Section 199A provisions as they pertain to rental real estate
  • Identify how the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty
  • Understanding IRS Audit Techniques Guides and Compliance Campaigns
  • Recognizing the 30-day letter and the 90-day letter, including what the taxpayer’s responsibilities are

Learning Objectives

  • Understand what the IRS is focusing on in auditing individuals and selected businesses
  • Help clients reduce their exposure to additional tax assessments
  • Determine strategies for dealing with IRS examiners and presenting your clients’ tax positions in the best light possible

Major Topics

  • Prepare now and protect yourself from new audit examinations, and what to do when there is identity theft
  • Understanding substantiation requirements for travel, charitable contributions, vehicles, meals, and virtual currency considerations
  • Gain an in-depth understanding of IRS hot examination issues including passive loss rules, real estate professional status, and the Section 199A provisions as they pertain to rental real estate
  • Identify how the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty
  • Understanding IRS Audit Techniques Guides and Compliance Campaigns
  • Recognizing the 30-day letter and the 90-day letter, including what the taxpayer’s responsibilities are

CPE Credits Available

NYSED 8
8
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

Experience in preparing individual and business tax returns

Advanced Preparation

Experience in preparing individual and business tax returns

Intended Audience

Accounting and Financial Professionals in public practice who prepare tax returns and represent their clients on IRS examinations

Provider

Surgent McCoy CPE LLC

This event has ended.