Representing Taxpayers Without Records For Schedule C

Course Description

This course will cover issues that arise for the tax-preparer when working with clients who don’t have adequate records.  Schedule C pitfalls, the Earned Income Tax Credit (EITC), use of reconstructions and estimates, the Cohan rule, and the AICPA Statement on Standards with respect to the use of estimates.  This session will cover tips and ideas on how to handle such issues from tax-return preparation through audit.

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