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TWO FREE CLASSES
TAX RESOLUTION TOPICS
NO CE/CPE Available for Watching Recordings
Guide to Freedom of Information Act (FOIA) Requests
Recorded on 11/19/2024
The Freedom of Information Act, 5 U.S.C. 552, provides any person the right to request access of federal agency records or information. All IRS records are subject to FOIA requests. However, FOIA does not require the IRS to release all documents that are subject to FOIA requests. The IRS may withhold information pursuant to nine exemptions and three exclusions contained in the FOIA statute. Many FOIA requests for IRS information can be obtained more efficiently using routine established agency procedures. This presentation will discuss when & how you should submit a FOIA request, best practices, and available alternatives.
Guide to Substitute for Returns
(SFR)
Recorded on 12/18/2024
The IRS is allowed to prepare a Substitute for Return (SFR) under IRC §6020 when a taxpayer fails to file a return. This is a powerful tool when a taxpayer fails to meet their tax obligations, resulting in balances which the IRS can then pursue via collection enforcement. For tax professionals working with delinquent taxpayers, understanding the SFR process is crucial. This webinar aims to guide Tax Pros through the SFR process and provide best practices for assisting clients dealing with the fallout from an SFR.
Tax Mentor Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the nation registry of CPE sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through it’s website, www.nasbaregistry.com
NASBA Identification #: 146961 Click here for more information regarding refunds, complaints, and program cancellation.
Tax Mentor Group, LLC is an approved Continuing Education provider with the Internal Revenue Service. Approved programs fulfill continuing education requirements for Enrolled Agents, Enrolled Retirement Plan Agents, and Registered Tax Return Preparers. To obtain additional information please visit www.irs.gov/taxpros/ce.
IRS Transcript Management System
The original program that requests, downloads, and analyzes IRS Transcript Data to find opportunities and issues with your client’s taxes. The program interfaces with IRS e-Services.
THS Empowers Tax Professionals
Easy to Use
Setup takes less than 15 minutes. Our standard Intelli-Order feature identifies which transcripts to request for each taxpayer. more...
Proven Technology
Our users have downloaded over one billion transcripts since 2013. More than from e-Services directly. more...
Improved Client Relationships
Finds missed refund opportunities improving client onboarding and follow ups. more...
Predictive Post Filing Compliance
Identifies audits & CP2000s six months or more in advance in addition to IRS Notices reducing off season isues saving payroll. more...
Increased Per Client Revenue
Use our included IRS Audit Detection and Account Tracking Product to generate thousands of dollars in passive income each tax season. more...
Easy To Use
Quick To Start
Setup takes less than 15 minutes. Recorded tutorials and live support are available to answer any questions.
Intelli-Order Decides Which Transcripts To Request
With our decades experience THS analyzes each taxpayer's status and determines which transcripts need to be ordered.
Easy To Read Transcript Reports
THS converts the raw IRS transcript data into easy to understand reports for both tax professionals and tax payers.
Proven Technology
We invented the irs transcript reports
THS created the first IRS transcript report in 2009 and by 2013 had downloaded and analyzed over 32 million transcripts.
OVER one Billion transcripts Requested since 2014
More transcripts have been downloaded with THS than all the other methods combined including directly from the IRS website.
Recognized by the IRS
The IRS recognized transcript download programs in 2018 and designated these type of programs as Intermediate Service Providers (ISP). We routinely meet and provide input on the IRS online future state programs.
Improved Client Relationships
Simplified Client onboarding
Examine previous returns in minutes to calculate future fees, identify missed credits, and identify possible filing issues such as past non-compliance and high risk tax positions.
No more surprises for your clients
By monitoring your clients IRS account tax professionals can often be aware of notices and issues before the client receives that dreaded IRS love letter.
Improves client understanding of their tax position
The reports provide concise and simple analysis so tax professionals can better explain their client's tax position.
Predictive Post Filing Compliance
Like having a crystal ball for audits IRS notices
THS detects IRS exams and CP2000 six months in advance of the notice 95% of the time.
Identify underreported income as early as MAY
Our new CP2000 detector compares the reported wage data with the filed return data to determine if your clients underrported weeks after filing not a year later (saving 90% of the penalties and interest that normally accrues).
Tracks estimated payments
Our new payment tracker doesn't just alert you to payments made, but expected payments that are missed or misapplied.
Secure
Installed on your computer, network or server
You control where and who has access to all the transcript data. Save the transcripts on your local computer for limited access or save them on your cloud for company wide access. The choice is yours.
Most Secure Way to access transcripts
THS is more secure than accessing the IRS directly. The program connects directly to the IRS servers and vice versa with no intermediate servers to access the data. This completely eliminates the possibility of browser hijacking, phishing and other unauthorized access to your data.
No 7216 required
The only product on the market that does not have access to all of your clients data.
Increased Per Client Revenue
Included IRS Audit Detection & Account Tracking Product
Use our included IRS Audit Detection & Account Tracking Product to generate tens of thousands of dollars in passive income each tax season.
Identify Missed Credits And Other Refund Opportunities
Find additional refunds in prior returns through missed credits, deductions, First Time Penalty Abatements and much more.
Reduce Payroll
Spend less time in the off-season handling IRS Notices and other issues.
Detailed Product Information
| Executive Product | |||
|---|---|---|---|
| How Many Installations Per Product License | 1 | ||
| Checks if 2848/8821 has been processed by IRS |  | ||
| Requests and downloads IRS Transcripts instantly | | ||
| Transcript Analysis Report | | ||
| Tracks estimated payments and federal tax deposits | | ||
| Checks your Client’s IRS Account for changes on their account: Audits, Liens, Collections, Significant Balance Changes, Compliance, and more. | | ||
| Bulk import your clients from any tax software | | ||
| Monitor all Individual & Business Client’s IRS Account Status From an Easy To Read Dashboard | | ||
| Bulk Create 8821/2848 | | ||
| Intelligent Transcript Ordering (Software automatically determines which transcripts to request. For example; account transcripts on open years and years with issues at interval set by user example every week or every month) | | ||
| IRS Form Generator (433s, 9465, 656) including IRS National Standards | optional |
| Type | Available | ||
|---|---|---|---|
| Account Transcripts (Back to 1990) | | ||
| Tax Return Transcripts (Last 4 years) | | ||
| Wage & Income (Last 10 years) | | ||
| Separate Assessments (AKA Mirrored Accounts) | | ||
| Civil Penalties | | ||
| 1120/1120S | | ||
| 1041/1065 | | ||
| 940/941/943/944/945 | |
| Detailed Tax Account Analysis | |||
|---|---|---|---|
| Detailed Bankruptcy Tax Discharge Analysis | optional | ||
| Bankruptcy Tolling Events | optional | ||
| Prior Bankruptcy Check | | ||
| Audit/Examination Check | | ||
| Collections Check | | ||
| Active Lien Check | | ||
| Penalty Check | | ||
| CSED Calculations (1040 only) | | ||
| CSED Calculations (Individual, Business, & Payroll) | optional | ||
| Tax Returns Filed Check | | ||
| Audit Red Flag Report | | ||
| 10 Year Wage & Income Analysis | |