IRS Nonfiler Representation – Representing Taxpayers That Have Not Filed Tax Returns

Credit(s)

IRS CPE Credits: 1 Tax hour

IRS Nonfiler Representation – Representing Taxpayers That Have Not Filed Tax Returns

This webinar will focus on representing taxpayers that have not filed tax returns. We will discuss unfiled returns by individuals and entities. This program will discuss how to address unfiled income tax returns, employment tax returns, Foreign Bank Account Reports, and other domestic and foreign information returns. We will discuss best practice when representing taxpayer with unfiled returns, including how many years or periods to file, what disclosures to include, whether there are voluntary disclosure programs available, and how to minimize or abate penalties.

Webinar Objectives

This webinar will provide insight and tools to assist you and your clients understand the various ways to address unfiled returns. You will learn how to prepare and file a reasonable cause statement with the unfiled returns to try and avoid penalties. You will also learn how to try and abate penalties due to the taxpayer’s unfiled and late returns. We will also discuss how to address unfiled returns during audits, collections, and criminal investigations.

Webinar Highlights

• The available processes to file unfiled returns
• Contesting penalties assessed or proposed related to the unfiled returns
• How to put forth a reasonable cause defense to penalties
• Civil versus criminal risk with unfiled returns
• How to address unfiled domestic and foreign information returns

Who Should Attend

Accountants, tax preparers, CFOs, financial compliance professionals, and lawyers