IRS Practice Series: Curing the Addicted Tax Delinquent-A 12-Step Program
Author: Eva Rosenberg
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
While some clients face difficult tax situations only once or twice, others need additional counseling to reform poor habits. This course covers common reasons for tax delinquency and includes a 12-step program to build better practices. You'll also learn which clients to avoid to protect the success of your business.
Publication Date: July 2019
Designed For
Any proactive, current or prospective, Circular 230 practitioner that understands the IRS is ramping up the "close the tax gap".
Topics Covered
- Causes of tax delinquency
- Clients who are apt to develop a pattern of non-filing or non-paying
- Setting up procedures to help your clients develop good habits
- Knowing which clients to simply reject
- 12-step program to help your clients overcome their tax fears
Learning Objectives
- Recognize the tools of a chronic tax offender and how to cure them
- Identify ways to expand a practitioners practice base to include client training
- Describe the steps a Tax Stumbler must take to stop the cycle
- Recognize who should be on the Tax Stumbler's support team
- Identify a good way to get your client to get back into compliance
- Recognize if all Tax Stumblers are flakes
- Recognize which agencies you should consider when dealing with a tax delinquent
- Identify ways to make sure the client remains in compliance
- Recognize what should be included when preparing an engagement letter
- Differentiate consequences of tax delinquency
- Identify the best way to ensure that your Tax Stumbler client stays informed
- Recognize why Tax Stumblers are terrific clients
- Describe what is not a good way to reward a tax delinquent once they are on the path to compliance
- Identify when is the best time to follow up with a Tax Stumbler who is paying an installment agreement
- Recognize if you should take this client on as a tax preparation client, once the current tax debt is resolved
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic knowledge of tax preparation.
Advance Preparation
None.
