Calculation of “Gross Income” for Collection Information Statement Purposes
Thursday, Jan 28th | 2pm-3pm Eastern
Representatives & practitioners continue to be challenged by IRS personnel regarding the proper inclusion of and accurate calculation of “gross income” concerning the preparation of the Form 433-A & the Form 433-A (OIC) related to Installment Agreement & Offer-in-Compromise financial submissions. More specifically, practitioners have been coerced and/or required to include income such as “K-1” income from a prior year tax return, income amounts for which the taxpayer does not have “constructive receipt”, and other improper “gross income” issues.
This webinar is designed to explain, define, explore & demonstrate the proper calculate of what constitutes “Gross Income” pertaining to preparation of IRS “Collection Information Statements” (CIS).
Participants will earn: 1.0 CPE/CE credit
Field of Study: Taxation
Price: FREE
Presented by: LG Brooks, EA, CTRS
LG is the ASTPS Director of Education and has been in the field of taxation for more than 29 years and has been in practice full time since 1990. He has been one of the nations top tax resolution instructors for over a decade. LG currently manages the Dallas Office of Lawler & Witkowski CPAs. LG received a Bachelor of Arts degree from Bishop College at Dallas, Texas in 1977.
Additional Information:
Prerequisites: None
Who Should Attend: Any tax professional that wants to better understand how to represent troubled taxpayers.
Advance preparation: None
Program level: Intermediate – Attendees should possess the knowledge common to CPAs, EAs, and Attorneys.
Delivery Method: Group Live
For more information regarding program concerns, or cancellation
policies, please contact our offices at (716) 630-1650 or send an email to info@astps.org.
The American Society of Tax Problem Solvers is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
The American Society of Tax Problem Solvers (ASTPS) is an approved continuing education provider through the IRS.