This webinar will focus on representing taxpayers that have not filed tax returns. We will discuss unfiled returns by individuals and entities. This program will discuss how to address unfiled income tax returns, employment tax returns, Foreign Bank Account Reports, and other domestic and foreign information returns. We will discuss best practice when representing taxpayer with unfiled returns, including how many years or periods to file, what disclosures to include, whether there are voluntary disclosure programs available, and how to minimize or abate penalties.
This webinar will provide insight and tools to assist you and your clients understand the various ways to address unfiled returns. You will learn how to prepare and file a reasonable cause statement with the unfiled returns to try and avoid penalties. You will also learn how to try and abate penalties due to the taxpayer’s unfiled and late returns. We will also discuss how to address unfiled returns during audits, collections, and criminal investigations.