From the Tax Return to the Witness Stand: Best Practices and Ethical Considerations When Your Client Has Sensitive Tax Problems* Speakers:- Sanford J. Boxerman
- Sara G. Neill
| Ethical issues and other problems can arise for the practitioner long after the filing of his client’s return. When the return is audited or otherwise investigated, the practitioner can be asked, by the taxpayer and the government alike, to provide information or testimony. The presenters will discuss best practices and ethical issues faced by practitioners who have clients with sensitive tax problems and who find themselves caught up in post-filing government proceedings. | - To recognize the ethical obligations that arise when the practitioner suspects or learns that his client is dishonest.
- To recognize the ethical obligations implicated, and understand best practices, when the government seeks records or testimony from a practitioner whose client is under audit or investigation.
- To understand, and thereby avoid, certain preparer penalties contained within the Internal Revenue Code.
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Tug of War: Dealing with Tax Liens and Other Claims Against Real Property Speakers:- Drey A. Cooley
- John S. Meyer, Jr.
- Michelle F. Schwerin
| Taxes can affect a taxpayer’s real property in multiple ways: Under IRC section 6321 and/or Missouri statute 143.902, the IRS or Department of Revenue may file a tax lien against a taxpayer’s property when that taxpayer has unpaid liabilities. These liens affect a taxpayer’s ability to transfer or borrow against that property. In addition, property tax is assessed annually against the property itself. This program will review how various liens and encumbrances, including taxes assessed against the property may affect real property and strategies for addressing various interests against a property. | - To understand the steps in transferring property.
- To know how to perfect a lien and what it means to be a secured creditor.
- To recognize the priority of interests and timing issues between tax liens and other creditors.
- To understand the steps and best practices for getting a federal and state tax lien released or subordinated.
- To recognize when a taxpayer may want to appeal the assessment of property tax and strategies for appealing.
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Update and Q&A with Managing Counsel and Manager of Collection & Tax Assistance Bureau of the Missouri Department of Revenue Speakers:- Michael S. Kisling, Managing Counsel, Missouri Department of Revenue
- David J. Zanone, Manager, Collection & Tax Assistance Bureau, Missouri Department of Revenue
| Representatives of the Taxation Division of the Missouri Department of Revenue will provide an overview of the DOR’s new policies and procedures, including newly revamped collection programs. Time will be allotted for questions from the audience. | - To learn about the hierarchy at the DOR and its newly formed extraordinary collections group.
- To understand your client’s assessment and collection alternatives from the perspective of the DOR, including the Voluntary Disclosure and Offer in Compromise programs.
- To learn what questions you should be asking your client before contacting the DOR.
- To question the presenters about DOR policies and procedures.
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Sales Tax Audits: Digging Out from the Mountains of Paper, POS Reports, and Sales Receipts Speakers:- Laura E. Krebs Al-Shathir
- Drey A. Cooley
- Michelle F. Schwerin
| The Missouri Department of Revenue’s Field Compliance Bureau regularly conducts audits of in-state and out-of-state taxpayers to determine compliance with the state’s sales and use tax laws. These audits often trigger significant anxiety and stress for a taxpayer-client. This program will provide guidance on what to expect and practical tips and strategies when representing a client in a sales and use tax audit, multi-state audits and the likely impact of recent Supreme Court case, South Dakota v. Wayfair, Inc. | - Best practices for handling a Missouri sales and use tax audit, negotiating with the DOR and the procedures for challenging a proposed assessment.
- Understanding the DOR’s strategies for addressing outstanding sales and use tax liabilities, including litigation/injunctions, preventing or delaying licensures, and owner/responsible person liability.
- Procedures for multi-state audits and best practices for handling them.
- How the recent Supreme Court decision, South Dakota v. Wayfair, Inc., will likely impact clients engaging in out-of-state transactions.
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Roundtable Ethics: Common Issues that Arise During Taxpayer Representation* Speakers:- Capes Sokol Tax Attorneys
| Circular 230 is a Treasury Regulation that provides rules governing practice before the Internal Revenue Service. These rules, along with the AICPA Code of Professional Conduct, provide guidance to CPAs representing clients in resolving tax matters. This lunchtime program will address current issues and the ethical guidance that should direct a CPAs response. Set in a roundtable format, participants will have the opportunity to discuss these issues in small groups as well as collectively review the relevant guidance. | - Identify ethical issues and appropriate responses.
- Understand relevant Circular 230 and AICPA guidance.
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