Avoiding the Most Common Missteps in Tax Problem Solving

Author: Jim Buttonow

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card

The tax professional approaches a tax problem in a similar manner to how a doctor cures their patient. A misstep along the way can result in less than optimal results, unfinished problems to solve, and an unhappy client. In this course, learn the 3-step process to resolve a client’s tax problem and how to avoid the most common traps to getting the best outcome for your client. We will cover best practices and tips that will help you optimize the results for your client and avoid the most common missteps in tax problem solving.

Publication Date: June 2024

Topics Covered

• The 3-step tax problem solving process and how it can be used to avoid common missteps in tax problem solving
• Tips and traps to avoid the 20 most common missteps and overlooked actions in the tax problem solving process
• The most common tax problem solving actions and what you need to know to execute them with excellence
• Best practices and tips resolving IRS tax problems in the areas of audits, underreported notices, collections, penalties, and unfiled returns

Learning Objectives

• Recognize how to resolve a tax problem using the 3-step tax problem solving process
• Identify the potential solutions to common problems
• Identify and avoid common mistakes and traps when resolving a tax problem
• Recognize and apply best practices in dealing with the IRS and communicating with clients in tax problem solving engagements
• Identify the six areas of tax problem solving and actions to take to get the best outcome for each type of tax problem

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None