Miscellaneous

Practice Before the IRS (Updated)

The Internal Revenue Service routinely processes more than 200 million tax returns each year, many of them prepared by tax professionals. Not surprisingly, as tax law becomes increasingly complex, taxpayers often seek the assistance of knowledgeable professionals to represent them with respect to tax and other matters before the IRS. However, the ability to represent a client before the IRS is, with certain exceptions, extremely limited.

This course addresses the nature of practice before the IRS, identifies those permitted to engage in such practice and examines the power of attorney under which a taxpayer authorizes representation before the IRS.

Learning Objectives:

After completing this course, the course participant should be able to:

  • Define "practice before the Internal Revenue Service".
  • Recognize the general scope of permitted enrolled agent practice responsibilities.
  • Identify the extent of practice privileges possessed by individuals permitted to practice before the IRS.
  • Define the nature and function of a tax power of attorney and identify the acts that may be performed for a client under it.
  • Determine how to withdraw from and revoke an existing tax power of attorney.


Prerequisites/Advanced Preparation:

None

Speaker / Author:

Paul J. Winn CLU ChFC

Education
B.A. (Philosophy), St. John's University (1961 – 1964) Law School, University of Virginia (1964 – 1965) MBA program Binghamton University (1986-1989)
CLU (1985)
ChFC (1987)

Experience
Thirty years in the life insurance and investment industry (1965 – 1995). Nineteen years as a financial writer, editor and trainer (1995 – 2014).

Mutual Life Insurance Company of New York
Product developer
Compensation officer
Agent
Sales manager

Security Mutual Life Insurance Company
General agent
Marketing vice president
Agency vice president
Vice president - strategic planning officer

Principal Financial Group
Agency Manager

Maryland Financial Corporation
President

Freelance Writer & Editor
Published book author.
Writer & editor of major mutual life insurance company’s agent training university. Creator of more than 200 insurance, securities and tax training courses in online, print and scripted classroom formats.

Insurance Industry Involvement
Member, Board of Directors, Baltimore Chapter of CLU & ChFC
Chairman of Continuing Education, Baltimore Chapter of CLU & ChFC
Moderator, GAMA Agency Managers Training Course (AMTC) Baltimore
Member, Board of Directors, Southern Tier (NY) Chapter of CLU & ChFC
President, Southern Tier (NY) Chapter of CLU & ChFC 1987-1989
Member/Secretary, Advisory Board to New York State Insurance Department 1985-1989

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Price (USD)

Standard: $49.90

Details

Course Code : 99WIN13-v2

Release Date : 09/23/2019
Expire Date : 12/31/2021
Credits :
CPE 2.00
IRS CE 2.00
QAS 2.00

Course Level : Basic
Course Type : QAS Self-Study
Length : 1hr 40min
Passing Grade : 70%
Field Of Study : Taxes
Theme : Miscellaneous

Format Type : eLearning
Mobile Compatible

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