Description

This course will provide an overview of the work and impact of the IRS Advisory Council (IRSAC) on the US tax system, regulatory ethics, and the accounting profession. The IRSAC is an advisory body that serves as a bridge between the Internal Revenue Service (IRS) and the general public, gathering feedback from taxpayers and working with the IRS to address issues and implement solutions. The course will explore the role of the IRSAC in improving communication and understanding between the IRS and the public, making recommendations to the IRS, and shaping and enforcing ethical standards in the accounting profession. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Presented by Garrett Wasny

Instructor: Garrett Wasny, MA, CMC, CITP/FIBP

Target Audience

This course is designed for individuals interested in learning about the work of the IRS Advisory Council (IRSAC) and its impact on the US tax system, regulatory ethics, and the accounting profession.

Course Objectives

After attending this presentation, you will be able to...

• Recognize the role and responsibilities of the IRSAC in the US tax system
• Identify the ways in which the IRSAC gathers feedback from taxpayers and makes recommendations to the IRS
• Identify the impact of the IRSAC's work on the tax system and accounting profession
• Analyze the importance of trust and confidence in the tax system
• Evaluate the effectiveness of the IRSAC's efforts to improve the efficiency and effectiveness of the IRS
• Analyze the role of the IRSAC in addressing taxpayer issues and implementing solutions
• Recognize the importance of the IRSAC's work in creating a more efficient and effective tax system
• Identify the IRSAC's role in shaping and enforcing ethical standards in the accounting profession

Subjects

The major topics covered in this course include:

• The role of the IRSAC in the US tax system
• Gathering feedback from taxpayers
• Making recommendations to the IRS
• Working with IRS employees to implement and maintain solutions
• The impact of the IRSAC on the tax system and accounting profession
• The IRSAC's efforts to improve efficiency and effectiveness
• The importance of trust and confidence in the tax system
• The IRSAC's role in shaping and enforcing ethical standards in the accounting profession

Prerequisites

Prior knowledge of the US tax system and accounting principles is recommended, but not required.