Form 1040 Return Review Boot Camp for New and Experienced Reviewers Webcast
January 28, 2026
Live Webcast
NYSED 8
Instructor
John Kilroy
View Bio
Instructor
John
Kilroy
View Bio
John Kilroy
Bio
John Kilroy is a managing member of iValue Financial Planning LLC, located in the Philadelphia, Pennsylvania area. John engages clients in financial and tax planning, as well as preparing tax returns for individuals, corporations, partnerships, estates, and trusts. John is a CPA and a CFP® practitioner. He is a 1979 graduate of Villanova University with a BS in Accounting. John is a member of the Pennsylvania Institute of Certified Public Accountants and the Financial Planning Association (FPA). Within the FPA, John has served as a board member of the Philadelphia Tri-State chapter and on its education and finance committees. John is an adjunct faculty member for the Temple University Certificate of Financial Planning Program. He is a frequent speaker and facilitator on tax and financial planning topics. John has been quoted in the Wall Street Journal, MarketWatch.com, and USATODAY.com. He has written for the Journal of Financial Planning, and is a contributor to Retirement Weekly. John has also discussed financial and tax planning issues on various radio outlets.
Review an error-prone "staff-prepared" Form 1040 from client-provided information. Where do you start? Get to know your client and ask the questions
Several new reporting issues for the reviewer to consider, including the main credit provisions as enacted under the American Rescue Plan
What are common errors preparers make and what are the areas generating malpractice claims?
The importance of engagement letters, questionnaires, and §7216 permission statement
Initial administrative groundwork
Identifying organizing issues in the tax return to be reviewed
Avoiding “willful blindness.” Handling ethical and moral dilemmas
Efficient review of certain advanced issues for income, adjustments, deductions, and credits
Effective procedures for delinquent clients, filing past-due tax returns
First-time client issues requiring extra scrutiny
Multiple checklists of efficient procedures to identify potential issues on a 1040 return
Listing of schedules for staff to prepare to make a review easier, including basis issues for 1040 clients
Reconciling time pressure with thoroughness and quality control
Professionals acting professionally
Learning Objectives
Expand the process involved in reviewing applicable tax returns
Identify the most common areas that result in errors
Document a review, including consideration of risk management
Major Topics
Review an error-prone "staff-prepared" Form 1040 from client-provided information. Where do you start? Get to know your client and ask the questions
Several new reporting issues for the reviewer to consider, including the main credit provisions as enacted under the American Rescue Plan
What are common errors preparers make and what are the areas generating malpractice claims?
The importance of engagement letters, questionnaires, and §7216 permission statement
Initial administrative groundwork
Identifying organizing issues in the tax return to be reviewed
Avoiding “willful blindness.” Handling ethical and moral dilemmas
Efficient review of certain advanced issues for income, adjustments, deductions, and credits
Effective procedures for delinquent clients, filing past-due tax returns
First-time client issues requiring extra scrutiny
Multiple checklists of efficient procedures to identify potential issues on a 1040 return
Listing of schedules for staff to prepare to make a review easier, including basis issues for 1040 clients
Reconciling time pressure with thoroughness and quality control
Professionals acting professionally
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 Form 1040, reviewing diagnostics, and preparing workpapers
Advanced Preparation
Experience in preparing Form 1040, reviewing diagnostics, and preparing workpapers
Intended Audience
Senior-level staff new to the review process or experienced staff members looking to update and/or expand their review procedures
