Description
Gain a better understanding of the top federal tax issues.
This live webinar is intended to provide attendees information on hot tax issues, including the IRSs Inflation Reduction Act Strategic Operating Plan for FY 20232031, revised partnership audit procedures, new developments in supervisory approval of penalties, and other important tax events occurring over the last few years.
Date: 2023-09-21 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to describe reasonable cause for penalty abatement.
* You will be able to discuss options for challenging federal tax liabilities.
* You will be able to explain how the revised partnership audit procedures operate.
* You will be able to review an information document request and organize a response.
Federal Tax Audits and Examinations
• Statute of Limitations
• Substantiation
• IRS Appeals
• Litigation Options
Inflation Reduction Act
• IRS Strategic Operating Plan FY 2023-2031
• Priorities in IRS Examinations
• Changes in How IRS Is Communicating With Taxpayers
Revised Partnership Audit Procedures
• Centralized Partnership Audit Regime
• Challenging Administrative Adjustments
• Notifications to Pass-Through Entities and Their Partners
Penalties
• Types of Penalties
• Penalty Abatement Options
• Penalty Appeals and Challenges
Federal Tax Hot Topics
• Revised Voluntary Disclosure Procedures
• Micro-Captive Insurance, Syndicated Conservation Easements, and Other Targets
• Recent Cases of Interest
AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Christina (Christi) A. Mondrik, CPA, Esq.,TBLS Board Certified – Tax Law-Mondrik & Associates
