Donald & Melania Trump’s tax returns for 2015 through 2020 were released to the public by the House Committee on Ways & Means as part of a report on the IRS Mandatory Examination program. A Joint Committee on Taxation report on the audits and Ways & Means Committee report on the mandatory examination program provide some insightful information for tax practitioners (or just inquiring minds). This course looks at the mandatory examination program, where the committees believe it should be improved, helpful information for preparers, and has just a touch of conspiracy theory to keep it interesting.
Source Materials. IRS Presidential Audits. Audit Issues Identified. Defending the Former President - Or Your Client.
CPAs and other tax professionals.
Learn the source of the Presidential Mandatory Examination Program. Understand how the Program functioned during the Trump administration. Learn the IRS examination issues on the Trump tax returns and how to protect your clients on the same issues. Review responsibility for tax preparation charitable contributions, NOL’s, passive activities, basis and unreimbursed expenses.
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Mark Seid, Western CPE
Mark F. Seid, EA, CPA has an active tax practice in Paso Robles, California specializing in small businesses and tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.
Non-Member Price $56.00
Member Price $49.00