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Stand Up to the IRS

Exam Questions: 90
Course Level: Basic
Pages: 396 | Content: 374, Supplemental: 22
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7980B

This course provides the tools needed to successfully deal with the IRS in different scenarios. Topics covered include handling an audit from start to finish, defending deductions, appealing an audit report or IRS decision, negotiating and working out a payment plan, settling a tax debt through the Offer in Compromise program, avoiding property seizures, removing tax liens and levies, and more. The course also discusses how to deal with the IRS in the event of divorce or death of a loved one and even the most serious of all tax issues - tax fraud. All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00579-24-S

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Course Information

Table of Contents
  • Inside the IRS: What You Need to Know About IRS Operations
  • Filing Tax Returns
  • Winning Your Audit
  • Appealing Your Audit Within the IRS
  • Going to Tax Court: No Lawyer Necessary
  • When You Owe the IRS: Keeping the Tax Collector at Bay
  • IRS Enforced Collection: Liens and Levies
  • The Taxpayer Advocate: A Friend at the IRS
  • Family, Friends, Heirs, and the IRS
  • Fraud and Tax Crimes: Do You Really Have to Worry?
  • Small Business/Self-Employed: When IRS Trouble Comes
  • Penalties and Interest
  • When You Owe State Income Taxes
  • The Taxpayer Bill of Rights
  • The 25 Most Frequently Asked Questions
Objectives
  • To recall which entity has the final word on interpreting the U.S. tax code
  • To recall the best methods for minimizing the chances of an audit when filing a federal tax return
  • To identify the different types of audits performed by the IRS
  • To recognize the benefits of appealing audit results
  • To recall the characteristics of Tax Court
  • To recall the characteristics of the various installment agreements available to taxpayers
  • To recall the detrimental effects that a federal tax lien can have on a taxpayer
  • To recall the purpose of the Taxpayer Advocate System (TAS)
  • To recognize the ways in which alimony and dependent children are handled by the IRS
  • To identify the characteristics of, and potential penalties for, tax fraud
  • To recall the characteristics of employees and independent contractors
  • To identify under what circumstances the IRS can abate penalties and interest
  • To recall the characteristics of a state audit of income tax
  • To recognize the changes implemented due to passage of TBOR III
  • To recall how long the IRS has to assess civil penalties for not filing a tax return

PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.