2022 Top 10 Tax Problem Solving Tips (Currently Unavailable)

Author: Jim Buttonow

Each year, over 20 million taxpayers have a tax problem or issue with the IRS. Most taxpayers involve their trusted tax professionals to avoid a tax problem. But when an IRS tax problem or notice arises, most clients expect their tax professional to intervene and get the best outcome for them.

In this course, you will get insights into the most common tax problems and issues and obtain 10 practical tips that will help you get the best outcome when you are resolving your clients’ tax problems with the IRS. In the end, your firm will increase client retention and position itself as a year-round trusted tax advisor.

Publication Date: September 2022

Designed For
Tax professionals and tax firm leaders who want to optimize their firm’s tax problem solving skills and get the best outcome for their clients when resolving IRS tax notices and tax problems.

Topics Covered

• The most common IRS tax problems faced by clients
• Trends in IRS compliance enforcement activity and what they mean for your clients
• The 3-step tax problem solving process
• Solutions for the most common tax problems
• Ten tips to get the best outcome for the most common tax problems
• IRS Compliance Programs to Reduce Non-compliance
• Trend: Audit Rates Are Returning
• Trends: Non-filers
• Trend: Uncollected Taxes
• Penalty Facts
• Most Important Tip of the Day

Learning Objectives

• Recognize trends in current IRS compliance enforcement programs
• Identify the most common tax problems facing taxpayers and solutions that commonly used to resolve these problems
• Recognize how to follow the 3-step tax problem solving process to effectively resolve a client's tax problem(s)
• Identify best practices to obtain the best outcome for client tax problems and issues
• Identify how to set up your firm to be proactive in resolving client IRS post-filing issues and notices
• Identify tips that will increase client retention
• Identify approximately how many taxpayers have a tax problem each year
• Identify one of the major IRC compliance programs related to non-filing
• Identify how much in funds the Inflation Reduction Act of 2022 allocated to IRS enforcement
• Identify the second step in the three-step tax problem solving process
• Identify the most under-utilized tax problem solution

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None