New IRS Office of Civil Fraud: Defending Civil Fraud Cases and Enforcement Actions, Avoiding Penalties

Issues for Small Businesses and Self-Employed Taxpayers: Real Estate, Insurance, Companies Utilizing Cryptocurrency, and More

A live 90-minute premium CLE/CPE video webinar with interactive Q&A


Thursday, May 27, 2021

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, April 30, 2021

or call 1-800-926-7926

This CLE/CPE webinar will provide tax professionals and advisers guidance on defending civil fraud cases in light of the new IRS Office of Civil Fraud. The panel will discuss recent IRS enforcement actions for civil fraud claims, navigating the processes involved for civil fraud cases, new procedures of the IRS Office of Civil Fraud, penalties, abatements, and key strategies for tax professionals.

Description

Recently, IRS announced the formation of a new Office of Civil Fraud within its Small Business/Self-Employed Division. As the IRS expands its operations and enforcement actions, tax professionals and advisers must be proactive in defending taxpayers targeted by the IRS for suspected federal tax evasion and tax fraud.

The IRS has increased its pursuit of tax fraud cases against small businesses and self-employed taxpayers. Some businesses, such as insurance companies, real estate businesses, those involved in utilizing cryptocurrencies, and companies that sell coronavirus-related products and services, are prime targets and have a higher risk of being subject to IRS enforcement actions.

As with other IRS audits and investigations, investigations conducted by this new division of the IRS can lead to civil or criminal penalties. IRS agents are instructed to suspend examinations if there is any indication of fraud and refer it to IRS Criminal Investigations. Tax attorneys must implement a proactive defense by taxpayers and tax professionals to avoid liability for additional taxes, interest, and penalties.

Listen as our panel discusses recent IRS enforcement actions for fraud claims, navigating the processes involved in tax evasion and fraud cases, new procedures of the IRS Office of Civil Fraud, and key tax professionals' strategies.

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Outline

  1. IRS Office of Civil Fraud
  2. Fraud enforcement actions
  3. Tax audits and collection cases
  4. Penalties
  5. Best practices for tax professionals

Benefits

The panel will review these and other key issues:

  • Overview of new IRS Office of Civil Fraud and enforcement initiatives
  • Key considerations and issues for certain small businesses and self-employed taxpayers
  • Managing tax audits and collection cases
  • Avoiding or minimizing penalties
  • Techniques for tax professionals representing taxpayers in fraud actions

Faculty

Stein, Michel
Michel R. Stein

Principal
Hochman Salkin Toscher Perez

Mr. Stein specializes in tax controversies, as well as tax planning for individuals, businesses and corporations. For...  |  Read More

Additional faculty
to be announced.
Attend on May 27

Early Discount (through 04/30/21)

See NASBA details.

Cannot Attend May 27?

Early Discount (through 04/30/21)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include program handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

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