How to Effectively Handle State and Federal Tax Controversy: Practical Tips and Strategies Explored

Overview:

In recent years, state and local governments have become more proactive in pursuing additional revenue through stricter application of their tax laws. Additionally, revenue authorities have also significantly widened their search for new revenues. These have made taxpayers grapple with problems and lawsuits at the audit and novel roles.

Since tax auditors and department managers are searching for ways to raise revenue, the escalation of compliance activity can be a major diversion and liability for multi-state and multinational companies. Thus, it becomes important to plan for a potential audit in order to obtain resolution and reduce tax liability. It is also equally imperative to consider significant analytical procedures and planning methodologies that can tailor to the client's specific conditions and efficiently handle tax controversies.

In this LIVE Webcast, seasoned tax professionals Jon Barooshian (Bowditch & Dewey) and Joshua England (AAFCPAs) will provide the audience with an in-depth analysis of the recent developments in state and federal tax. Speakers will present important issues and provide practical tips and strategies to help navigate, negotiate, and resolve these issues and controversies.

Key Issues:

• State and Federal Tax Enforcement – An Overview
• Trends and Developments (Payroll Protection and Stimulus, Restaurant Closings, etc.)
• IRS Enforcement Priorities (Micro-Captive Insurance, etc.)
• State and Local Priorities (Working Remotely, Domicile, etc.)
• Tips and Strategies
• Outlook

Agenda:

Who Should Attend:

• Tax Lawyers and Consultants
• Tax Accountants
• Tax Compliance Officers
• Controllers
• Tax Directors
• Audit Consultants
• Account and Audit Preparers