STEVEN TOSCHER, MICHEL STEIN and CORY STIGILE to Speak on IRS High-Wealth Examinations: IRS Wealth Squad, Targeted Issues, Preparation, IDRs, Appeals and Litigation
We are pleased to announce that Steven Toscher, Michel Stein and Lacey Strachan will be speaking at an upcoming Spidell webinar, “IRS High-Wealth Examinations: IRS Wealth Squad, Targeted Issues, Preparation, IDRs, Appeals and Litigation” on Thursday, November 5, 2020, 10:00 a.m. – 12:00 p.m. PST/1:00 p.m. – 2:50 p.m. EST
This webinar will review the IRS’ latest campaign targeting upper-income taxpayers associated with flow-through entities and private foundations. Our audit experts will discuss the state of the current initiative and explain how to handle the IRS examination itself.
The IRS Large Business and International Division is auditing high net-worth individuals and their related entities, including partnerships, S corporations, trusts, and private foundations. The Wealth Squad, a relatively new, highly-trained, division of the IRS is conducting these audits.
These examinations will target recently enacted and complex areas of taxation, including:
- Section 199A Qualified Business Income Deduction
- Section 163(j) Business Interest Deduction Limitation
- Section 965 Repatriation of Previously Untaxed Foreign Earnings
- Section 172 Net Operating Loss Deduction Refund Claims
- Required foreign reporting of trusts, bank accounts, assets, etc.
Please join us. For full programming details Click Here.