IRS Practice and Procedures: Collections 2021 Update

Overview

CPAs, accountants and tax preparers need to understand IRS collection procedures. This session will provide updates to IRS controversy and representation Issues such as examination, collections and appeals activities. It will cover relevant Internal Revenue Code Sections, administrative law and case law as well as sections of the Internal Revenue Manual.

• Review recent legislative actions impacting nonprofit organizations.
• Identify Unrelated Business Income (UBI) risk areas.
• Recognize potential tax and compliance risks in your organization.
• Understand filing changes.
• Explore the Employee Retention Credit (ERC).