The professional's guide to dealing with the IRS
Unlike other publications that just repeat the rules, PPC’s Guide to Dealing with the IRS shows you how to apply the rules for your clients’ benefit with more than 150 tools and practice aids that enable you and your staff to efficiently and effectively work with the IRS. With this Guide, you and your staff can:
- Make sense of the foreign reporting rules with comprehensive guidance on who must file a FBAR or Form 8938 and what must be reported on the form
- Know how to respond to IRS notices that are especially pertinent for exams and collection cases
- Request a Taxpayer Assistance Order that can help clients who might be suffering hardship due to the fact that the IRS will not release a bank levy or take action on a refund claim or amended return
- Understand when and how to request audit reconsideration when a tax return has been previously examined and assessment has been made.
- Take advantage of the Fresh Start Initiative to help clients who owe taxes and/or penalties, such as by obtaining a streamlined installment agreement for the client, or getting the IRS to withdraw a tax lien
- Address the impact of the IRS imposing more penalties with discussions of penalty defenses and steps for appealing a penalty
- Know how to deal with the IRS in the case of non-filed returns such as when to file the original delinquent return or an amended return to remove the substitute for return assessed
- Understand how to comply with Circular 230 rules with revised chapters on rules of practice in this area
- Prepare an Offer in Compromise to help your client pay off a tax debt at a reduced amount
- Learn when and how your client can obtain innocent spouse relief from a joint tax return liability
- Become familiar with strategies to reduce or eliminate a client’s exposure to the trust fund recovery penalty
- Understand how to deal with the IRS when a client has filed bankruptcy.
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