Many CPAs are becoming full-time or fractional CFOs for small businesses. In that position, they are the resident expert in finances, cash flow planning, and budgeting. But what about dealing with the IRS? The IRS has broad powers to administer the assessment and collection of taxes. From removing penalties to criminal prosecutions, this presentation focuses on how CFOs can prevent problems with the IRS and how to develop winning strategies if the IRS knocks on the door. 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...
- Prepare for an investigation
- Recall how to review paper and electronic handling procedures
- Identify the process of preserving, analyzing, and evaluating evidence
- Recall how to conduct the investigation efficiently
- Discuss the characteristics of a quality investigative report that can be used in court
- Evaluate options for civil and criminal legal actions
Major Topics
The major topics covered in this class include:
- The theory of money laundering
- Common money laundering statutes
- Examples from court cases of money laundering statutes
- Common occurrences with CPAs
- Possible money laundering transactions
- Applying the money laundering statutes in real life scenarios
