According to experts, over 20 million taxpayers each year will encounter an issue while filing their taxes. The rules for resolution are often unclear, and some of them change from season to season. Even the most knowledgeable professionals may have trouble navigating tax problems for their clients. This is where the Tax Problems and Solutions Handbook
can help. From Wolters Kluwer, this resource offers clear, practical instructions for resolving the common IRS challenges experienced by individuals.
Features of Tax Problems and Solutions Handbook
The first section of this handbook is full of guidance on common post-filing actions. This includes contacting and obtaining information from the IRS, as well as helping tax professionals practice before the IRS effectively. The remaining sections focus on each major tax problem category, where most tax issues for individuals are accounted for. Sections include:
- Chapter 1: IRS Practice: Working with the IRS After Filing
- Chapter 2: IRS Audits and Underreporter Notices
- Chapter 3: IRS Collection
- Chapter 4: IRS Penalties and Penalty Relief
- Chapter 5: IRS Unfiled and Past-Due Returns
- Chapter 6: Spousal Issues
Each section begins with a Quick Chart, offering a baseline of practical knowledge that will guide readers to the appropriate page for their specific problem. The text then provides an overview of the issue, its background, possible solutions, and the practical resources available that can help professionals achieve the best outcome for their clients’ circumstances. The Tax Problems and Solutions Handbook then provides a step-by-step guide to solving the problem quickly and effectively, plus a collection of the forms and templates needed to do so. Practice tips scattered throughout provide additional insight.
Benefits of Using Tax Problems and Solutions Handbook
The Internal Revenue Manual (IRM) is the manual and guide to most common taxpayer issues from the IRS. Understanding the IRM is essential when attempting to resolve tax problems effectively. The IRM is not easy to navigate. It is constantly changing its procedures and focus areas, resulting in always-shifting solutions that CPAs and other professionals must be aware of.
To address these challenges, the Tax Problems and Solutions Handbook serves as an up-to-date guide to common taxpayer problems and solutions. It is based on the years of experience of author Jim Buttonow, CPA, CITP,
who has worked with and for the IRS, and this guide can be used to solve problems efficiently and without stress. Instructions are well-organized, easy to understand, and provide a clear insight into what to expect. It also includes resolution timelines, additional tips, and more.
Order Tax Problems and Solutions Handbook Today
The Tax Problems and Solutions Handbook covers a range of taxpayer problems encountered in 50 state jurisdictions and the District of Columbia. It is the ideal guide to common tax problems faced by individuals and the possible solutions practitioners can implement on their clients’ behalf. Order a softcover copy today.