Event Overview
This webinar will discuss key developments in individual and business taxation over the past year. You’ll learn about the IRS’s current areas of focus in examination and appeals of interest to business owners. We will also discuss the impact of the election on the IRS and potential upcoming tax legislation. In addition, we will explore updates on IRS Collections and changes to IRS procedures, including limits on information requests and examination enforcement.
Date and Time
Monday, July 29 | 11:30 a.m. - 12:30 p.m. CT
Location
Online (Webinar)
Cost
Free
Contactwebinars@eidebailly.com
Learning Objectives
- Discuss the impact of new partnership audit rules in the post-TEFRA era, including electing to opt out or opt in.
- Assess the tax reform challenge and strategies and how the IRS is interpreting the latest strategies.
- Explore the status of IRS exam resources, including an update on the new LB&I campaign.
- Explain the process of an examination and the keys to presenting and protecting your evidence.
- Identify the issues commonly raised by the IRS, including conservation easements, captive insurance, reasonable compensation, large losses, material participation, and related party transactions.
- Discuss the IRS Global High Wealth exam team that audits high-wealth taxpayers.
- List the new IRS rules regarding the required disclosure of captive insurance.
- Define the IRS issues involving donor-advised funds and IP monetization.
Presenter(s)
Margarita Stone, J.D., LL.M.Senior ManagerMargarita has more than 17 years of tax experience specializing in federal tax, controversy and procedure. She represents clients before the IRS and States in appeals, collection (installment agreements, offer in compromise, levies, and liens) penalty abatement, and exams and tax court representation for controversies involving the areas of income tax, employment tax and other various tax matters. Margarita works to negotiate, mediate, and settle with the IRS and other taxing authorities to resolve clients’ tax matters.
Elyse Katz, CPAPartnerElyse is a former Revenue Agent with the IRS and comes to us with 10 years of experience in IRS Controversy cases. She handled the entire range of income tax audits from large flow-through business entities, captive insurance, employment tax, and individuals for the IRS. She can provide an in-depth understanding of complicated IRS audit issues as well as a diverse understanding of technical tax issues from the IRS perspective.
Ben J. Peeler, J.D., CPA, LL.M.Partner/IRS Tax Controversy Practice LeaderBen joined the firm early in 2014 with many years of tax experience, both as an attorney and an accountant. He specializes in federal tax, controversy and procedure work, assisting with clients in the areas of income tax, estate and gift tax, property tax, sales and use tax, estate planning and many other tax matters. Ben's vast experience includes representing clients before the IRS, as well as representing the IRS before the U.S. Tax Court and during litigation before the federal district courts as a special assistant to the United States Attorney. Today, Ben leads the firm's IRS Practices & Procedures as a federal tax, controversy and procedure specialist and serves on Eide Bailly's National Tax Office team that is committed to helping clients resolve their tax issues.
- CPE Credits1
- Field Of StudyTaxes
- Level Of KnowledgeBasic
- Delivery MethodGroup-Internet Based
Eide Bailly LLP 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
Additional Information
This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. CPE credit will only be granted to those that attend the live webinar. CPE credit will not be available for watching the recording or on-demand webinar. For information regarding a complaint and/or program cancellation policies, please contact Mye Collins.
