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Thursday, November 17, 2022 In-personHudson Chapter

IRS Update /Tax Controversy Hot Topics (E2211809)

8:00 AM - 11:30 AM EDT

Registration: 12:00 AM EDT

VFW - Secaucus

1400 Paterson Plank Rd
Secaucus , NJ 07094

4 CPE Credits in TX

OVERVIEW

Learn what every tax professional should know about tax security awareness as well as the requirements for foreign asset reporting.

DESIGNED FOR

CPAs involved with tax preparation

BENEFITS

  • Learn about new services and current initiatives at the IRS. 
  • Discover steps to take to protect client and firm data from breaches. 
  • Identify the pitfalls of the new world of global financial transparency and the requirements for foreign asset reporting.  
  • Learn more about tax collection developments, penalty developments, new voluntary disclosure programs, the latest IRS audit campaign initiatives, and other hot topics in tax controversy.  

 

HIGHLIGHTS

  • Voice and chat box options on IRS.gov 
  • Tax Pro Account updates 
  • Current IRS initiatives and the Taxpayer Experience Office 
  • Foreign income and asset reporting update — the IRS will aggressively target taxpayers with unreported foreign accounts and income 
  • Best practices for compliance of foreign asset disclosure — who needs to file, assets that must be reported, and the potential liability of the taxpayer and tax preparer 
  • Solutions for non-compliant taxpayers 
  • The latest developments in tax controversy. 
  •   Tax collection developments, penalty developments, new voluntary disclosure programs, the latest IRS audit campaign initiatives, and other hot topics in tax controversy 
  •  Discuss new IRS Forms K-2 and K-3 

  

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTORS

Glenn Gizzi

Glenn J. Gizzi

Senior Tax Specialist

Internal Revenue Service

Glenn has worked for the Internal Revenue Service for 33 years. He began in Taxpayer Service in 1989 as a Taxpayer Service Specialist answering account and tax law questions on the IRS’s toll-free phone line until becoming a Revenue Agent in 1994. During his 11 years as an Agent, Glenn worked in the Examination Problem Resolution Unit as a caseworker, a cooperating Agent for Criminal Investigations and was a Taxpayer Advocate at the model walk-in office in Edison. Glenn is also a certified instructor for the IRS and has spent four years training the new incoming Revenue Agents from 2001 to 2005.

Additionally, Glenn worked in the former Taxpayer Education & Communication division during its stand-up in 2001 before it was eventually realigned into Communications & Liaison. His current assignments include the Annual Federal State Tax Workshops, North & South Jersey Working Together, AARP, multilingual associations, school districts and the underserved community.

Parag Patel

Parag P. Patel, J.D., LL.M. (Tax)

Tax Attorney

Parag P. Patel, Esq.

Parag is a tax attorney with the Patel Law Offices in Iselin. His practice concentration is in tax, business transactions and estate planning. He is a board certified estate planning law specialist, a board certified elder law attorney, and a frequent speaker on legal issues affecting tax, offshore tax planning and estate planning. Parag was named a New Jersey Super Lawyer by New Jersey Magazine for tax and estate planning. He has also received an AV rating from the Martindale-Hubbell Peer Review Rating System, which is the highest professional rating possible among lawyers. He is the 2011/12 chairman of the Tax Law Committee of American Bar Association’s GP Solo and Small Firm Division. Parag also serves as a part-time municipal court judge for Edison Township. He is a member of the New Jersey State, New York State, Middlesex County and American Bar Associations.

PRICING

$75.00 - Member

$95.00 - Nonmember

$0.00 - Pass Holder

Pre-Registration Closed

Online pre-registration for this event is now closed.

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