Recent IRS management comments and enforcement activity indicate rising due diligence inquiries and analyses will be expected of tax preparers concerning information supplied by taxpayers. Learn to avoid exposure to disciplinary actions. To avoid disciplinary actions by the IRS, tax practitioners should be aware of recent developments and activity in other Circular 230 and tax practice and procedural areas.
Due diligence requirements under Treasury guidance including supervisory responsibilities. Due diligence requirements under professional standards. Increased expectations for inquiry and analysis? Meeting increased expectations: informing clients and defensive measures for practitioners. Due diligence for preparer advice responsibilities.
Tax practitioners with two years experience and a working knowledge of the AICPA Statements on Standards for Tax Services and IRS Circular 230.
CPAs, EAs, and other tax return preparers.
Obtain an understanding of due diligence requirements under current law and professional standards. Learn about the IRS push for increased practitioner due diligence in ensuring taxpayer compliance. Obtain information about how to respond, if necessary, to increased due diligence requirements; it’s never too soon to start.
Arthur J. (Kip) Dellinger, Jr., CPA, senior tax partner at Kallman and Co. LLP, CPAs, is chair of the AICPA Tax Division Tax Practice Responsibilities Committee. He is the author of The Practical Guide to Federal Tax Practice Standards (CCH). His client practice focuses on sophisticated accounting issues and tax planning, compliance and controversy representation.
Mr. Dellinger has spoken before the USC Institute on Federal Taxation, the UCLA Tax Controversy Institute, the California Tax Bar Annual Meeting, several California CPA Education Foundation conferences, the Illinois CPA Society Annual Tax Conference and the Florida Institute of CPAs Tax Expo. He has written more than four-dozen articles on tax technical and procedural topics.
Non-Member Price $109.00
Member Price $79.00