This session will explore the ethical considerations CPAs and CPA firms should be cognizant of when considering services to the state legal, regulated cannabis industry. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Identify the rules to get the IRS to disclose information
- Request pertinent information from the IRS
- Evaluate the information recorded in IRS transcripts
- Recognize the potential leads on individual and business tax returns
- Conduct an analysis of information into a spreadsheet
Major Topics
The major topics that will be covered in this course include:
- The authority of IRS in assessing and collecting taxes.
- The common misconceptions when dealing with IRS.
- Common questionable actions by business owners.
- How to prepare for an IRS audit.
- The seven options in IRS collections.
- Possible criminal tax violations by CFOs and small business owners.
