How to Reopen and Challenge an Assessed Tax

Description

Waking Up the Dead: How to Challenge an Assessed Tax: This program explains the opportunities for practitioners to reopen assessed tax liabilities, including audit reconsideration, doubt-as-to-liability offers, amending tax returns, and challenging the assessment at a CDP hearing. The program will explain each option and when practitioners should consider utilizing each of them.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this class include:

• The means that CPAs can reopen closed assessments,
• Doubt-as-to-liability offers
• Audit reconsideration
• Amended returns
• Refunds

Objectives

After attending this presentation you will be able to...

• Understand how to request audit reconsideration
• Identify when is it possible to use an amended return to reopen a bad assessment
• Explain how Doubt-as-to-Liability Offers work
• Understand how to utilize a CDP hearing to force a reconsideration of a tax liability
• Describe how to use refund requests to reopen a bad assessment

Designed For

CPAs