An introduction to ethical standards in tax practice, focusing on the responsibilities of tax professionals under Circular 230 and the AICPA Statements on Standards for Tax Services (SSTS). Participants will learn to identify potential conflicts of interest, maintain client confidentiality, and avoid conduct that could result in penalties or disciplinary actions. The course emphasizes the importance of integrity, due diligence, and professional judgment in ensuring compliance with ethical obligations and protecting the public interest.

Build on foundational ethical principles, delving deeper into the practical application of ethics in tax practice. Participants will explore advanced topics, including handling situations involving client noncompliance, managing disputes with taxing authorities, and addressing emerging ethical challenges in a digital environment. The course emphasizes strategies for maintaining professional integrity while navigating complex scenarios in accordance with Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), and other regulatory frameworks.

Explores the tax implications and strategies associated with charitable gifting, focusing on the requirements for claiming deductions under IRS guidelines. Participants will learn to distinguish between different types of charitable contributions, including cash, non-cash, and appreciated property, and understand the substantiation and reporting requirements. The course also covers advanced gifting strategies, such as donor-advised funds and charitable trusts, to maximize tax benefits while supporting philanthropic goals.

This course provides a comprehensive overview of IRS Collection Due Process (CDP) procedures, focusing on taxpayers’ rights and options when facing enforced collection actions. Participants will learn how to navigate CDP hearings, request relief through Form 12153, and effectively challenge liens and levies. The course also explores strategies for negotiating installment agreements, offers in compromise, and other resolution alternatives to ensure compliance and taxpayer advocacy.

Examines the tax issues associated with the sale of fixed assets, focusing on the recognition and reporting of gains and losses. Participants will learn to differentiate between ordinary income, capital gains, and recaptured depreciation under Section 1245 and Section 1250. The course also addresses key compliance considerations, such as basis adjustments, installment sales, and reporting requirements on applicable tax forms.

This course provides an in-depth look at the IRS’s modern evidence-gathering techniques, from administrative summonses to international information exchange programs. Participants will explore how the IRS utilizes data analytics, third-party reporting, and treaties such as FATCA to uncover unreported income and offshore assets. The course also covers key legal considerations, taxpayer rights, and best practices for navigating IRS investigations and compliance requirements in an increasingly globalized tax environment.

Provides a detailed review of Form 1041 compliance, focusing on fiduciary income tax reporting requirements for estates and trusts. Participants will learn how to properly classify income, allocate deductions, and determine distributable net income (DNI) to ensure accurate beneficiary taxation. The course also explores key planning strategies to optimize tax outcomes and maintain compliance with IRS regulations.

This course builds on the foundational concepts of Form 1041 compliance, delving deeper into advanced fiduciary tax planning strategies and complex reporting issues. Participants will explore income distribution deductions, the 65-day rule, and tax implications for complex trusts and estates. The course also covers recent IRS guidance, common compliance pitfalls, and best practices to ensure accurate and strategic fiduciary income tax reporting.

This course bridges the gap between theoretical estate and trust taxation concepts and their practical application in tax preparation and compliance. Participants will work through real-world scenarios to apply fiduciary accounting principles, properly allocate income and deductions, and navigate distribution rules. The course emphasizes strategic tax planning, compliance best practices, and effective use of Form 1041 to ensure accurate reporting and optimal tax outcomes for estates and trusts.