When living in a world of tax uncertainty, appropriate disclosure of tax return positions can help protect taxpayers. This course will explain when a taxpayer should consider disclosing a tax return position and how to adequately disclose it on the tax return.
Explain how disclosure affects the assertion of penalties.
Explain how disclosure affects the assessment statute of limitations.
Describe how a taxpayer adequately discloses a tax return position.
Demonstrate proper completion of Form 8275, Disclosure Statement.
IRS Program Number: NMVBP-T-00215-22-O
Length: 50 minutes plus optional question-and-answer session (no CE)
Advanced Preparation: None
Program Level: Basic
Delivery Method: Online Webinar/Group Internet Based
Field of Study: NASBA Taxes; IRS Federal Tax
Credit Hours: 1 CE/CPE
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor.
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here to learn more about our education policies.