- NY Credits : 8.0
- TX Credits : 8.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 8.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 8.0
A practitioner needs to have a thorough, up-to-date understanding of the complex rules involved in the tax practice and procedure area. This is particularly true due to the numerous changes which have occurred in recent years as Congress has expanded the rights of taxpayers including the Tax Cuts and Jobs Act. This course provides an understanding of the standards involved in tax practice, including the duties and restrictions on the practice itself. The rules regarding the filing of federal tax returns and payment of taxes are discussed. The procedural rules and requirements regarding IRS audits, the assessment of tax, IRS administrative appeals, and the IRS's collection procedures are detailed. Expanded taxpayer rights in all of these areas are emphasized. This course is most appropriate for the professional with detailed knowledge in tax practice and procedures who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
identify standards of tax practice;
summarize general requirements for tax returns and payments;
identify audit, assessment, appeals, and collection procedures; and
recognize alternative collection procedures and summons powers.