E-Services are a suite of web-based tools that allow Tax professionals, and others, to conduct online transactions with the IRS including access to taxpayer transcripts. The IRS continues to expand and improve online services, which should accelerate with funding from the Inflation Reduction Act (IRA). Planned improvements include integrations with taxpayer accounts (including some notices), quicker access to transcripts, and more tools for tax pros. Online integrations and services have evolved over the last few years and will bring more change to the industry in the years ahead. This webinar will walk you through e-Services; signing up, accessing tools, and future developments.

IRS transcripts represent an untapped opportunity for tax professionals to increase revenue per client and improve retention rates. Tax Help Software (THS) leads the industry in IRS transcript tools and analysis. Now using THS is easier than ever with the launch of the Co-Pilot Program. Tax monitoring through THS is made easy with calendar reminders, regular emails, easy-to-follow guides, and how-to videos.

Generate increased revenue throughout the year, reduce preparer errors during tax season, and increase client satisfaction & retention rates. Join us in this demonstration as we show everything THS and Co-Pilot can do for your practice.

This class will cover the best practices for submitting IRS forms 2848/8821, as well as requirements of IRM  21.3.7  Processing Third-Party Authorizations onto the Centralized Authorization File (CAF). Getting these forms processed at the IRS CAF unit can be a challenge. This class will cover the best practices for completing the forms, getting signatures, submitting to the IRS, and the CAF process.</br></br>

Course will review best practices for how to properly onboard clients. Proper onboarding will ensure you are identifying the type of tax payer, the potential issues, and appropriate services to offer. This will ensure you can communicate clearly with a client about the terms of engagement, including pricing.

Comprehensive course reviews the IRC & IRM authority for approval of First Time Abatement as well as additional guidance issued by the Internal Revenue Service. We will show you how to request FTA, illustrating the process with scripts and examples.

The IRS is a giant bureaucracy with massively complicated computer systems. An outsider might assume that the IRS would not want taxpayers to know they were under an impending audit and would keep it hidden. Fortunately for tax practitioners the IRS does post flags to a taxpayer’s account months before an audit officially starts. This window offers an opportunity for tax practitioners to be pro-active in dealing with impending client issues saving their client’s money and allowing practitioners to generate additional revenue while retaining existing clients at a higher rate. This presentation will teach you how to implement this process into your firm.

Learning objectives:

• Understand the changes to the 1099-K reporting requirements and how companies are responding.
• Review best practices to update your tax prep client onboarding process.
• Discuss the role IRS transcripts and transcript software can play in catching unreported income, saving your client major headaches.

This session will cover the IRS examination process and how to identify IRS Examinations before they officially begin. Once the examination has been identified the practitioner will learn how to identify the cause of the audit and mitigate the effects of the audit on the taxpayer by being proactive.