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.

Instructor: Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA

Target Audience

Accounting and finance professionals who are looking to improve their research skills and understanding of the composition of the Internal Revenue Code

Course Objectives

Understand the organization of the Internal Revenue Code, the Treasury Regulations, and Revenue Rulings

Identify the circumstances when a client may want to consider requesting a private letter ruling

Differentiate between primary and secondary pieces of authority

Understand the steps to the tax research process and the parts of a tax research memorandum

Subjects

Tax code hierarchy

Organization of an Internal Revenue Code section

Special rules for IRC citation

Citing other primary authorities

Private letter rulings

Primary vs. secondary authority

Secondary sources of authority

Steps in the tax research process

Research memoranda

Prerequisites

A basic familiarity with tax research