Masterclasses are NOT included with the 2024 Season PASS.
Masterclass: Tax Research (6 CPE/CE*)
Effective tax research is critical for enrolled agents and certified public accountants engaged in tax preparation, tax planning, and tax controversy representation. Masterclass: Tax Research curriculum is designed to enhance these skills that allow you to be a better tax professional by covering the entire research process from start to finish. Homework will be assigned and is a required component of this class.
To earn full credit for this masterclass, be sure your schedule allows you to attend all classes and complete the homework assignment (projected to take 2-3 hours) in this timeframe.
Session I - AUTHORITY: 8/6 2:00-3:40 pm ET + optional Q&A (2 CPE/CE hours)
In the first session, we discuss the legal and ethical reasons why tax research is an essential skill. We delve into what the actual tax authorities are and how to read them, and the usefulness of non-authoritative sources is discussed. We also review the standards used in tax research, such as reasonable basis and substantial authority, and why they matter in the tax research process. Homework is assigned to provide students with hands-on research experience.
Session II - APPLICATION: 8/8 2:00-4:30 pm ET + optional Q&A (3 CPE/CE hours)
The focus of this interactive session is using a standardized tax research process to locate tax authority, apply that authority to a set of facts, and determine the best tax return position. The use of free and paid research tools to find and analyze tax authority, including artificial intelligence (AI) is reviewed.
8/13 Homework assignment due.
Session III - ANALYSIS: 8/15 2:00-2:50 pm ET + optional Q&A (1 CPE/CE hour)
The Masterclass concludes with analysis of the homework assignment and a demonstration of various ways the research can be documented and used.
Learning Objectives:
List the hierarchy of authorities used in research to take tax positions.
Compare and contrast reasonable basis and substantial authority standards.
Describe the essential elements of the tax research process.
Describe ways to effectively document tax positions developed in research to taxpayers and to taxing authorities.
*CPE/CE is reported after the conclusion of the entire masterclass. Continuing education credit can only be earned by attending the live sessions as scheduled and answering the required poll questions that measure your attendance. Each attendee will receive REPLAY access but will not have the ability to earn continuing education credit from an on-demand class that may result from the live masterclass.
Waitlist: Once capacity is reached, a waitlist will be implemented. If space becomes available, you will be notified by email and may purchase the masterclass by noon ET the next business day. If the purchase is not completed by that time, the opportunity will be extended to the next person on the waitlist.
Education Information
IRS Program Number: NMVBP-T-00287-24-O
Credit hours: 6 CPE (NASBA); 6 CE (IRS)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based (NASBA); Online Webinar (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about this instructor.
Masterclass refund policy: Refunds for the series must be requested by 12:00PM ET on 8/5/24 and are subject to a $50 administrative fee. Click here for more information about our education, refund, and complaint policies.
