November 14, 2013 at 2:00 PM EST, 1:00 PM CST, 12:00 PM MST, 11:00 AM PST
Ever since Code Section 469 hit the streets in the Tax Reform Act of 1986 it has trapped many unwary tax payers and practitioners. The mechanical nature of the rule subjects taxpayers and practitioners to significant risk of penalty for failure to adhere to the regulations. We will review and discuss examples of the 8 most common "traps" and how your client and you, the practitioner, can avoid them.
NASBA CPE: 1 Hour/Taxes
IRS CE: 1 Hour/Federal Tax Law
Presented by Kathy Hettick, EA, ABA, ATP, RTRP and Gene Bell, EA, ATA, CFP, RTRP
NSA ConnectED Webinar Series
Learning Objective: to provide participants with the latest practice management, marketing, tax and accounting education and keep them abreast of regulations affecting the profession with emphasis on compliance issues
Program Level: Basic
Prerequisites: None
Advance Preparation: None