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21WC-0235: Handling the New IRS Global High Wealth Examinations (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Tuesday, June 29, 2021
11:00am - 12:00pm Central Time
1 CPE (1 technical)

The Global High Wealth Group is an industry group created by the IRS LB&I in 2009. The purpose of the Global High Wealth Group (also known as the "Wealth Squad") is to bring together an IRS team of specialists to conduct detailed examinations of complex returns of high wealth individuals and their related entities. The IRS recently updated the Internal Revenue Manual governing high wealth audits and is poised to start the examination of hundreds of high net worth taxpayers this year. These examinations will typically involve pass-through businesses, related trusts, foreign holdings, tiered partnerships, and related tax-exempt organizations.

Major subjects

  • Better understand the "Wealth Squad" examination process
  • Know what foreign and domestic audits issues will be scrutinized during a "Wealth Squad" examination
  • Decipher "Wealth Squad" document requests and summonses, and
  • More easily identify key strategies to minimize exposure from a "Wealth Squad" examination.

Learning objective(s)

  • To understand the Global High Wealth Group audit program,
  • Learn strategies to minimize risk from Global High Wealth Group audits, and
  • Master techniques in handling and advising clients examined by the Global High Wealth Group

Who should take this program?

Accountant/CPA Lawyers Financial Advisors

Fees

Our records indicate you are a nonmember. If you register, you will be charged $49.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $39.00
checkmark Standard Nonmember Fee $49.00

More program information

Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (1.0)
Level Overview
Format Group Internet Based
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.