1040 Preparation and Planning 18: Tax Practice (2018) (Currently Unavailable)
Author: Barbara Weltman, Sidney Kess
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
This course looks at issues affecting tax practice, such as when and where to file returns; payment options; filing extensions; electronic filing; amended returns; offers in compromise; audit issues; and rules for return preparers. It also reviews installment agreements, interest and penalty suspension, electronic filing, special time limit situations, and interest on underpayments and overpayments.
Publication Date: November 2017
Designed For
Tax practitioners.
Topics Covered
- Issues affecting tax practice
- Payment options
- Filing extensions
- electronic filing
- Amended returns
- Offers in compromise
- Audit issues
- Rules for return preparers
- Reviews installment agreements
- Interest and penalty suspension
- Electronic filing
- Special time limit situations
- Interest on underpayments and overpayments
Learning Objectives
- Determine when and where to file the returns
- List options for paying taxes
- Obtain filing extensions
- Identify electronic filing requirements
- Identify the time limits for filing amended returns
- Identify the limits on refunds
- List the rules for offers in compromise
- Prepare for audits and identify steps to avoid them
- Evaluate when and how to take a case to court
- Determine when to recover attorney's fees from the government
- Identify the rules of conduct and penalties for misconduct for return preparers
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
1040 Preparation and Planning 1: Fundamentals or basic understanding of Form 1040.
Advance Preparation
None
