With over 50% of marriages ending in divorce, forensic accountants are frequently used in uncovering hidden income and assets. It is not uncommon for one spouse to hide money from another, sometimes for nefarious reasons. As a CPA, your services are valued by high-net-worth individuals who hire attorneys in their divorce proceedings. In this course, you will learn the art of financial investigations and how to uncover the truth in divorce cases, whether from offshore accounts to lifestyle analysis. Step by step, the course will teach you the valuable skills necessary in finding, analyzing, evaluating, and presenting your findings to your client and if needed, ultimately in divorce court. 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 authority of the IRS to assess penalties.
- Recognize the common types of penalties that can be abated.
- Develop a plan to request penalty abatement.
- Review real examples of successful penalty abatement.
Major Topics
The major topics covered in this course include:
- The authority of the IRS in assessing tax penalties.
- The types of penalties that can be removed.
- The process the IRS uses to evaluate penalty abatements.
- How to request penalty abatements.
- Best practices in asking for penalty abatement, including using appeals.