NATP and Tax Rep Network teamed up for a Facebook Live broadcast event where Tax Rep Network’s founder Eric Green answers questions live about an increasingly important topic, IRS representation.
As thousands of IRS employees begin to enforce tax rules and regulations this year, taxpayers may see an uptick in IRS correspondence. Additionally, many of these notices may be incorrectly sent due to internal issues with the IRS. The next step is often for the taxpayer to take the information to their trusted tax professional, which means preparers will also be dealing with increased IRS correspondence.
While knowledge of IRS representation is not a required skillset for a tax professional to prepare a return, it can bring value to a tax practice. For example, the tax preparer can serve a wider range of clients and may even see an increase in revenue.
Tax Rep Network is a membership-based organization for CPAs, EAs, attorneys and tax professionals who want to build their tax representation practices. Members learn how to represent and support the 25 million taxpayers who owe the IRS money or are behind in their filings. NATP members receive a discount on TRN membership.
Here’s a replay of the full March broadcast:
Questions from this broadcast include:
I keep hearing people ask me about the Fresh Start program at the IRS, but when I called for a client, and finally got through, the woman said there is no such thing. Can you help me here?
Can you explain how you manage your schedule and stay motivated at this time of year? I want to go lay on a beach!
There are a lot of representation training programs with NATP. Can you suggest a starting point for someone new?
My client’s business account was levied without notice yesterday. They were paying on an installment agreement and fell behind. Does the IRS have to send a final notice before levying?
My client is divorced and does not believe she should be responsible for the tax debt her husband ran up because of his gambling issue. So, we filed amended returns to be married-filing-separate instead of joint. Can you explain why someone would file for innocent spouse instead of amending the tax returns?
About National Association of Tax ProfessionalsThe National Association of Tax Professionals (NATP) is the largest association dedicated to equipping tax professionals with the resources, connections and education they need to provide the highest level of service to their clients. NATP is comprised of over 23,000 leading tax professionals who believe in a superior standard of ethics and exemplify professional excellence. Members rely on NATP to deliver professional connections, content expertise and advocacy that provides them with the support they need to best serve their clients. The organization welcomes all tax professionals in their quest to continually meet the needs of the public, no matter where they are in their careers.
The NATP headquarters is located in Appleton, WI. To learn more, visit www.natptax.com.
Information included in this article is accurate as of the publish date. This post is not reflective of tax law changes or IRS guidance that may have occurred after the date of publishing.