Current and Emerging Issues in Specialized Tax Planning

Overview

This course explores issues related to allegations of malpractice committed by tax professionals and reviews risk management techniques. Inherent in the services of a tax professional is the risk that a client may assert practitioner malpractice. Clients may also accuse an adviser of being unethical or incompetent. Explore why clients make such claims and learn techniques and procedures to minimize the risk. Review practical client communication skills and tools to protect yourself from malpractice exposure.

Highlights

Prerequisites

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Objectives

• Identify key types of specialized tax credits and deductions available to businesses.
• Recall major factors that influence eligibility, timing, and compliance for tax incentives.
• Recognize how recent legislative changes affect tax planning strategies related to credits and depreciation.
• Identify common considerations when evaluating refundable credits and other tax incentive opportunities.

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.