Tax Practice, Procedure, Technologies & Research

Catalog description

s: This course covers the history and organization of the Internal Revenue Service and the Federal judiciary as it relates to tax controversies. Emphasis is place upon the examination and collection powers of the Service and the legal and technical responsibilities imposed upon representatives, with special emphasis place upon those imposed upon accountants. The deficiency and refund procedures are covered from the beginning of a tax controversy through its resolution by was of litigation. Included are the process by which returns are selected for examination, the conduct of examinations, the conduct of administrative conference proceedings, the Service’s investigatory and collection power, and those provisions available to taxpayers. The sources and nature of the Federal tax law and its legislative, administrative and judicial explanations and interpretations are covered. This course also introduces students to the research tools available to accountants, their uses and limitations, and the processes by which tax professional identify issues and apply controlling precedents in order to formulate research conclusions and professional recommendations.