Tax Elections and Procedural Risks What Every CPA Must Know
Available Until
Self-study
5.00 Credits
Member Price $109.00
Non-Member Price $139.00
Overview
This course covers many useful financial negotiation tips, illustrated by real-life examples that will get you thinking. Participants will wo rk through mini-cases, to apply principles and increase their financial and business creativity, and help their organization to be financially successful in negotiations. This is different from and complements tactical/strategic negotiation seminars, by being more financial-oriented, with lots of specific examples. It is partly about how to persuade, but also about creating different financial options that would be attractive to other party. The tips provided are also useful for internal negotiations and for non-accountants.
Highlights
- Tax elections for various entities
- Tax elections relevant for accounting matters
- Tax elections involving special items
- Key compliance procedures concerning return preparation of original and amended returns
- Understanding key procedures about IRS examination
- Understanding key relief provisions for oversight, errors and later discovered facts or information
Prerequisites
None.
Objectives
- Evaluate client information to determine appropriate actions and assess eligibility for available relief options.
- Analyze timelines to calculate due dates, differentiate between various types of returns, and apply relevant regulations.
- Develop a workflow for documentation and disclosure to reduce the risk of penalties.
Preparation
None.
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $139.00
Member Price $109.00