Top Ten Tips to Avoid Preparer Penalties
SKU: CPE-06-032
Credit Hours: 3
Level: Basic
Field of Study: Taxes
Requires Prerequisites or Advanced Preparation: No
Delivery Method: Online Video
Instructor: Arthur Reed, MBA, CPA, MST
Upon successful completion of this course the participant will be able to understand the following 10 tips regarding avoiding preparer penalties and:
- Tip #1 Know if you are the preparer
- Tip #2 Don't be a lazy preparer
- Tip #3 Remember you are running a business
- Tip #4 Document your steps
- Tip #5 Don't disclose taxpayer information
- Tip #6 Continually read about tax preparer penalties
- Tip #7 Know what the IRS is thinking
- Tip #8 Don't simply accept the penalty
- Tip #9 Don't take risky clients and Tip #10 Fire your risky clients
- Learn about 3 recent court cases
- Understand the TIGTA Report