CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

IRS Representation Update

Icon_Level
Credits
CPE Credits
6 Credits: Taxes

Course Description

During 2020 the COVID epidemic dramatically reduced the level of service by IRS. For many months there were almost no audits Also over the past several years, the IRS has seen its budget cut significantly. There has been a corresponding reduction in the quality of service that it provides, including a dramatic cutback in its enforcement efforts. 2019 was a turning point for the IRS. It was able to hire 1,000 new enforcement professionals. Unfortunately in 2020 that progress ended with COVID. The new IRS commissioner is improving morale at the agency. This course will examine the methods the IRS is using in this new enforcement climate. It will cover new IRS examination and collection priorities and procedures, IRS criminal investigation initiatives, recent important developments for practitioners, and taxpayer advocate services. Other topics to be discussed include problems in the tax system, new procedures at IRS campuses, and the impact of new IRS leadership. This course is certain to get you up to speed on how to properly advise your clients in this new enforcement environment.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify IRS initiatives in examinations
  • Recognize current changes in IRS collection procedures
  • Identify the IRS offshore compliance initiative
  • Recognize IRS budget problems and its impact on your clients
  • Discuss IRS penalty procedures and analyze common IRS penalties

Course Specifics

Course ID
21CLasVegasDec-LE20226965
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01802-21-I
IRS Federal Tax Update Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1592
CTEC Federal Tax Update Credits: 6

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.

Course Instructor

Robert (Bob) E. McKenzie Headshot
Robert (Bob) E. McKenzie, EA, Esq.

Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media contributions, including on Dateline NBC and ABC World News Tonight. Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of …

Robert (Bob) E. McKenzie, EA, Esq. Read More »

IRS Representation Update

CPE CREDITS
6 Credits: Taxes
No items found

$590.00

Availability: 116 in stock

Icon_Level
Credits
CPE Credits
6 Credits: Taxes

Course Description

During 2020 the COVID epidemic dramatically reduced the level of service by IRS. For many months there were almost no audits Also over the past several years, the IRS has seen its budget cut significantly. There has been a corresponding reduction in the quality of service that it provides, including a dramatic cutback in its enforcement efforts. 2019 was a turning point for the IRS. It was able to hire 1,000 new enforcement professionals. Unfortunately in 2020 that progress ended with COVID. The new IRS commissioner is improving morale at the agency. This course will examine the methods the IRS is using in this new enforcement climate. It will cover new IRS examination and collection priorities and procedures, IRS criminal investigation initiatives, recent important developments for practitioners, and taxpayer advocate services. Other topics to be discussed include problems in the tax system, new procedures at IRS campuses, and the impact of new IRS leadership. This course is certain to get you up to speed on how to properly advise your clients in this new enforcement environment.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify IRS initiatives in examinations
  • Recognize current changes in IRS collection procedures
  • Identify the IRS offshore compliance initiative
  • Recognize IRS budget problems and its impact on your clients
  • Discuss IRS penalty procedures and analyze common IRS penalties

Course Specifics

Course ID
21CLasVegasDec-LE20226965
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01802-21-I
IRS Federal Tax Update Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1592
CTEC Federal Tax Update Credits: 6

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.

Course Instructor

Robert (Bob) E. McKenzie Headshot
Robert (Bob) E. McKenzie, EA, Esq.

Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media contributions, including on Dateline NBC and ABC World News Tonight. Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of …

Robert (Bob) E. McKenzie, EA, Esq. Read More »

IRS Representation Update

CPE CREDITS
6 Credits: Taxes

$590.00

Availability: 116 in stock