Description

Answering clients' tax questions accurately and on time is a key challenge for tax practitioners. Through simple, plain language explanations and examples, this course will help practitioners perform tax research more efficiently by describing the structure of the primary sources, highlighting the difference between primary and secondary sources and describing the steps in the tax research process. 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 Peters Professional Education LLC

Instructor: David Peters

Target Audience

CPAs, Controllers, Accountants, Tax Practitioners and Enrolled Agents who are looking to improve their research skills and understanding of the composition of the Internal Revenue Code

Course Objectives

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

• Identify the circumstances when a client may want to consider requesting a private letter ruling
• Differentiate between primary and secondary pieces of authority
• Illustrate the steps to the tax research process and the parts of a tax research memorandum

Subjects

The major topics covered in this class include:

• Tax Code Hierarchy
• Organization of an Internal Revenue Code Section
• Special Rules for IRC Citation
• Citing Other Primary Authority
• Private Letter Rulings
• Primary Vs Secondary Authority
• Secondary Sources of Authority
• Steps in the Tax Research Process
• Research Memoranda

Prerequisites

Working knowledge of basic tax law structure