Coming in From the Cold: How to Help Non-Filers
Author: Eric L Green
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
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 IRS just stated that there are more than 7 million non-filers in the US and are beginning to roll out an initiative to pursue them. The demand for help from practitioners is overwhelming and attorneys handle these cases. The opportunity for CPAs and EAs to help non-filers, resolve the issue, and add a lot of money to their bottom line has never been better. Join, Attorney, Eric Green as he explains where to find these clients, how to help them, and how to increase your representation practice while doing so.
Publication Date: August 2023
Topics Covered
- IRS's High Income Non-filer Campaign
- IRS Strategies
- Rationale for Focus on High Income Nonfilers
- Lookback Period for Delinquent Taxpayers
- United States vs. Kovel
- Incomplete Information & Estimates
- Cohan vs. Commissioner
- Voluntary Disclosure: Cleaning Up Past Bad Behavior
- Changes to Normal Exam Procedures
- Civil Penalties and Defenses
- First-Time Penalty Abatement ("FTA")
- Penalty Policy Considerations
- Pull Transcripts — History Matters
- Reasonable Cause Defense
- What about the State Returns
Learning Objectives
- Recognize the process for bringing non-filers back into the tax season
- Identify opportunities to resolve the client's outstanding balance
- Explain the strategies for setting up the client to best resolve their federal and state tax issues
- Identify the state that has a full-payment requirement with respect to its state voluntary disclosure program
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
