CPAR Taxes

CPAR - 2021/August, Seg 4 - Whistleblower Program, Updates on Final Regulations and Moon Tax!

The Whistleblower program, currently known as Internal Revenue Code (IRC) section 7623(a), allows the Secretary of the Treasury to pay such amounts as he or she deems necessary "for detecting and bringing to trial and punishment persons guilty of violating the internal revenue laws or conniving at the same." In December of 2006, the Tax Relief and Health Care Act of 2006 made fundamental changes to the IRS awards program; one of the areas we hear about from time to time is recoveries for whistleblowers. Barbara Weltman, president of Big Ideas for Small Business explains the two avenues for recovery for whistleblowers and discusses an interesting case involving the Large Business and International (LBI) division of the IRS.

Learning Objectives:

  • Understand key changes made by the IRS in its Whistleblower Awards Program;
  • Identify changes based on final regulations on federal disasters and application of mandatory 60-day extension;
  • Identify tools available for Child Tax Credit eligibility; and
  • Understand the purpose of the IRS annual data book and the report issued by the Electronic Tax Administration Advisory Committee.

Prerequisites/Advanced Preparation:

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Speaker / Author:

Barbara Weltman
A nationally recognized expert in taxation, Barbara Weltman has built her reputation around providing timely advice and accurate analysis on business tax matters. As a tax and business attorney, Barbara has the up-to-the-minute knowledge that business managers need to get - and to stay - ahead. She is the top-selling author of numerous books on taxation and finance, including J.K. Lasser’s Small Business Taxes. Business executives also know Barbara from her appearances on Financial Management Network, from her popular radio show and as publisher of “Idea of the Day.” By subscribing to “This Week in Business Taxation,” you can share Barbara Weltman’s insights into recent business tax developments 20 times each year.


Price (USD)

Standard: $69.90


Course Code : CPAR1527-FM

Release Date : 08/24/2021
Expire Date : 10/13/2022
Credits :
CPE 2.00
QAS 2.00

Course Level : Update
Length : 1hr 40min
Course Type : QAS Self-Study

Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes

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