Want to help your client save money and avoid potential trouble with the IRS? This CPE course, which has been updated for the Tax Cuts and Jobs Act (TCJA), explains what may trigger an IRS audit, how to negotiate, settle on appeal, qualify for an IRS collection program and evaluate your client’s best options for dealing with the IRS. You will also learn about IRS audit techniques, how to handle requests and appeal rights so you can represent your clients with confidence.
The assessment process, Audit selection, examination, and the appeals process, Installment agreements, Offers in compromise, Advising delinquent taxpayers, The IRS collection process for tax liens, levy, seizure, and sale, Bankruptcy and the effect on tax liabilities, Practice before the IRS, Business taxation, Tax liens levy seizure, Fund recovery penalty.
Experience in business taxation
Evaluate IRS audit trends and the audit selection process, Determine when IRS requests could be challenged, Identify the timing, scope, and location of various IRS audits, Understand IRS audit techniques and inquiries and appeal rights, Manage the information document request process and evaluate the contents of a revenue agent report.
Mr. Murphy is presently a Consulting Principal in Murphy, McClary, Stover, & Burnett, LLC, which was formed July 1, 2007. The firm emphasizes providing tax and financial services to corporations and professional practices in the state of Indiana. In addition to being a Certified Public Accountant, Mr. Murphy is accredited in Business Valuation (ABV - Certificate #3064). Mr. Murphy is also a personal Financial Specialist (PFS - Certificate #30191) presented by the American Institute of Certified Public Accountants in March 2003. Mr. Murphy holds the designation of Certified Valuation Analyst (CVA) awarded by the National Association of Certified Valuation Analysts in January 1995. Mr. Murphy is a member of the Institute of Business Appraisers, Inc. and was admitted to membership on May 15, 1993. In addition to these organizations, Mr. Murphy has appeared as an expert witness in numerous cases involving marital and business disputes and has lectured extensively on valuation and tax issues for the National Business Institute, Professional Education Systems, Inc., Indiana Continuing Legal Education Forum, Indiana CPA Society, American Institute of Certified Public Accountants, National Association of Certified Valuation Analysts, as well as for other local continuing educational programs. He serves as the Chairman of the Ethics Committee for the Indiana CPA Society. Mr. Murphy is a Registered Representative with NASD Series 6 and Series 7 Registration and holds an Insurance License.
Prior to Mr. Murphy’s merger with Murphy, McClary, Stover, & Burnett, LLC, he was the owner of the firm Murphy & Company, P.C. Mr. Murphy was the former Director of Entrepreneurial and Tax services and was the majority Shareholder. Mr. Murphy was a former director with the Indiana Attorney General’s Office. He has been a lecturer on the accounting faculty at the University of Indianapolis and Marion College, which are located in Indianapolis, Indiana. Mr. Murphy has also been appointed to and currently serves on the Butler University Board of Visitors for the School of Business.
Mr. Murphy graduated from Butler University with honors in 1973. Admitted to practice as a Certified Public Accountant in the state of Indiana on December 7, 1977. Mr. Murphy has been associated with both local and national CPA firms with involvement and specialization in taxation, auditing, and small business development.
Non-Member Price $219.00
Member Price $179.00