Image of Disclosure? Don’t File an Uncertain Tax Return Without It - 2019 Tax S
Live Webcast Replay

Disclosure? Don’t File an Uncertain Tax Return Without It - 2019 Tax Season Chaos


Total Credits: 2 including 2 Taxes - Technical

Average Rating:
   4.8
Category:
ACPEN Industry Institute |  Tax |  IRS Approved
Faculty:
Bradley Burnett, J.D., LL.M.
Course Levels:
Update
Duration:
2 Hours
License:
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.

Description

With the plethora of Tax Cuts Jobs Act (TCJA) unanswered questions coming at us like a pack of defensive linemen, this tax season is (or at least seems to be) out of control. Approaches by tax software companies are “all over the board” moving targets. Clients want their tax returns now. If IRS scrutinizes a return (years later), they’ll have the benefit of hindsight. Much of the law is messy, messy, messy, messy.

 

What is a tax preparer to do? One approach is to disclose uncertainties (re: §199A or any other messy area) to IRS on tax returns now. Yes, that’s right. Kiss and tell. Tell the adversary what you’re up to. All for the sake of seeing your client and you through to a better day.

 

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Basic Course Information

Learning Objectives
  • To learn how to scout out tax positions needing disclosure, keep a good tax file, involve client in approach and disclose uncertain tax positions on federal tax returns

Major Subjects
  • How does claiming §199A put the whole tax return in peril?
  • How the accuracy and preparer penalties for TCJA is a “tough go” early on
  • When disclosure may help (and, when it may not)
  • If disclose, specifically how? Is Form 8275 necessary, or does white paper cut it?
  • But, doesn’t disclosure get you audited?
  • What does age-old Form 8082 (Notice of Inconsistent Position) have to do with all of this anyway?

Course Materials

Faculty

Bradley Burnett, J.D., LL.M. Related seminars and products: 22


Bradley Burnett practices tax law in Colorado. After undergraduate (Business Administration/Accounting) school and law (J.D.) school, he earned a Master of Laws in Taxation (LL.M.) from the University of Denver School of Law Graduate Tax Program. After stints at national and local accounting firms and a medium sized Denver law firm, he established his own law firm in 1990, He has delivered more than 3,300 presentations on tax law to CPAs, attorneys, EAs and others throughout all fifty U.S. states, Washington, D.C. and seven countries. Bradley served four years as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch-hit in the IRS practice and procedure field. He authors and teaches tax materials for Commerce Clearing House (CCH), has received the Illinois Society of CPAs Instructor Excellence Award and five times has been the most requested, top-rated presenter at annual state CPA tax institutes. His seminar style is briskly paced delivery of practical insights with humor. 


Dates

Thu, Jul 09, 2020 - 06:00p to 08:00p CDT
Fri, Aug 14, 2020 - 11:00a to 01:00p CDT
Wed, Aug 19, 2020 - 01:00p to 03:00p CDT
Tue, Sep 01, 2020 - 06:00p to 08:00p CDT
Wed, Sep 23, 2020 - 10:00a to 12:00p CDT
Mon, Oct 05, 2020 - 09:00a to 11:00a CDT
Thu, Oct 15, 2020 - 06:00p to 08:00p CDT
Sat, Nov 14, 2020 - 10:00a to 12:00p CST
Mon, Nov 30, 2020 - 09:00a to 11:00a CST
Thu, Dec 03, 2020 - 11:00a to 01:00p CST
Mon, Dec 28, 2020 - 10:00a to 12:00p CST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Tax preparers and planners desiring to avoid client accuracy and preparer penalties and malpractice exposure
Original Recording Date 07/18/2019
Yellow Book No
Course Developer Bradley Burnett Tax Seminars, Ltd.
Date Added to Catalog 07/03/2019

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method Group Internet Based

Promo Video

Reviews

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Overall:      4.8

Total Reviews: 16

Comments

Calvin S

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Lawrence G

"Great course and subject matter."

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