Tax Presentations

An Introduction to Tax Representation
Basics of Bankruptcy
What To Do When the IRS or DOR is Knocking at Your Client’s Door
Year-end Strategic Planning Tips

1. An Introduction to Tax Representation
1. [WTM] addresses what tax representation is and why it should be part of your practice.
2. Tax representation is a growing area that requires insight into the IRS and DOR systems. Through this seminary, you will gain total awareness of all the opportunities for representing your clients. You will learn the language used by the IRS and DOR and the basics of the tax administrative system. Notice, penalties, liens or levies, offers in compromise, installment agreements, and bankruptcy are some of the main topics discussed. Find out how to better represent your client and to streamline taxpayer services.
3. Among the topics discussed are:
1. Defining tax representation.
2. Dispelling the myths of the difficulty of tax representation.
3. Expanding your expertise to better represent your client’s tax needs.
4. Tax penalties and possible abatement.
5. Differences between and lien and levy.
6. Basics of negotiating with the IRS and DOR.
7. Bankruptcy and when it is a good option.
4. Who will benefit from this presentation:
1. Attorneys
2. CPAs
3. Enrolled Agents

1. Basics of BankruptcyReturn to top of page
1. [WTM] teaches the essential rules to follow when determining if bankruptcy is a good option for your client.
2. Bankruptcy can be an overwhelming process and, because bankruptcy clients often have tax liabilities, it is not always the best option for your client. Depending on the type of tax debt and when it was assessed, it may not be dischargeable in bankruptcy. After attending this program practitioners will recognize under what circumstances it is beneficial for a client to file bankruptcy.
3. Among the topics discussed are:
1. IRS debt and when it can be discharged.
2. Statute of limitations on certain tax assessments.
4. Who will benefit from this presentation:
1. Attorneys
2. CPAs
3. Anyone facing bankruptcy

1. What To Do When the IRS or DOR
   is Knocking at Your Client’s DoorReturn to top of page
1. [WTM] addresses options when the IRS or DOR is beginning collections against your client.
2. The need for representation before the IRS and NCDOR is growing as both agencies are stepping up their collection efforts in order to meet the ever-increasing need for revenue.  Everyday taxpayers are unsure of how to respond to the notices they receive, whether they should respond themselves or have another party call on their behalf.  Once they do seek representation, it is imperative for the tax professional to know what options are available to meet that client’s needs.  Typically those options include installment agreements and offers in compromise.  How do you know what kind of payment option your client will qualify for?  Will the IRS be willing to hold off on filing a lien or stop levy action?  Will the NCDOR pursue criminal charges?  These are just a few of the critical questions that clients want answers to when they seek tax representation and that will be addressed in our program.
3. Among the topics discussed are:
1. Client’s options when there is a tax lien or levy.
2. Responding to the IRS or DOR.
3. Installment agreements
4. Offers in compromise.
5. Criminal charges and when the IRS or DOR will file them.
6. Payment plans that work for your client.
4. Who will benefit from this presentation:
1. Attorneys
2. CPAs
3. Enrolled Agents

1. Year-end Strategic Planning TipsReturn to top of page
1. [WTM] offers guidance on strategic opportunities that can be taken by business owners at the end of every year to maximize tax incentives and save money.
2. December 31st closes the door on many advantageous tax opportunities. For example, you may be able to cut your taxes by moving money into an appropriate investment account. This presentation discusses important moves that should be made by business owners at the end of the year.
3. Among the topics discussed are:
1. Using retirement accounts to save you on taxes.
2. Collections and receivables; making sure you get paid.
3. Inventory and how it affects taxes.
4. Who will benefit from this presentation:
1. Business Owners
2. Tax Advisors
3. CPAs