November 5, 2024

Live Webcast

NYSED 4

IRS Tax Examinations and Hot Issues Webcast

November 5, 2024
Live Webcast
NYSED 4

  • Instructor

    Joel
    DiCicco

  • Coverage of the Inflation Reduction Act of 2022
  • Criteria that the IRS uses to select returns for examination
  • Vehicles, meals, and virtual currency considerations
  • Worker classification determinations on who is an employee and who is an independent contractor
  • S corporation officer’s reasonable compensation issues
  • Responsibilities to pay the employment taxes when the business defaults
  • Tax-related identity theft procedures

Learning Objectives

  • Understand the IRS process for selecting returns for examination
  • Identify the types of returns the IRS is examining
  • Understand the hot examination issues that the IRS is focusing on to help clients reduce their exposure to additional tax assessments
  • Determine if your client is a victim of tax-related identity theft and the procedures to use to resolve strategies for dealing with
  • IRS examiners and presenting your clients’ tax positions in the best light possible

Major Topics

  • Coverage of the Inflation Reduction Act of 2022
  • Criteria that the IRS uses to select returns for examination
  • Vehicles, meals, and virtual currency considerations
  • Worker classification determinations on who is an employee and who is an independent contractor
  • S corporation officer’s reasonable compensation issues
  • Responsibilities to pay the employment taxes when the business defaults
  • Tax-related identity theft procedures

CPE Credits Available

NYSED 4
4
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 Finance Professionals in public practice who prepare tax returns and represent their clients on IRS examinations

Provider

Surgent McCoy CPE LLC

This event has ended.