On December 28th at the New York State Society of CPAs, we followed the journey of Joe & Mary through the IRS process. This full-day program used a particular client’s fact pattern to highlight the various areas of the IRS representation process and the opportunities and pitfalls for practitioners and their clients.
After attending this seminar participants understood:
- The examination process, how to help the clients organize their information, and present it in a way to the IRS to resolve the exam favorably
- How to get to appeals and when it makes sense to request an appeal either at the thirty-day letter or strategically waiting for the Notice of Deficiency (“ninety-day letter”).
- The impact of the “Appeals Judicial Approach and Culture” or “AJAC”, and how that impacts the practitioner’s strategy for presenting evidence
- The collection process, pointing out opportunities to help your client resolve their outstanding tax issue
- The collection statute of limitations, the various billing notices and what they mean, when and how to request a collection appeal, and what the actual meaning of “tax compliance”
- The various options for resolving the client’s tax issue, including uncollectable status, installment agreements, offers-in-compromise and bankruptcy