The Earned Income Tax Credit (EITC) is a refundable federal income tax credit that is available to individuals with low- to moderate-income levels. The EITC helps low- and moderate-income individuals who are employed; by providing them with a much-needed financial boost.

According to the IRS, in 2019 alone, more than 26 million taxpayers received around $63 billion from the credit, bringing an average of almost $2,500 per family. It is also a source of great angst with the IRS due to significant fraud. 

 This special one-hour program with attorney Eric Green (Tax Rep Network) will review the requirements preparers must follow, what happens when a preparer is targeted by the IRS and what to do (and not do) if you want to avoid being dragged in front of the Office of Professional Responsibility (“OPR”), Criminal Investigation, or both.

LEARNING OBJECTIVES:
By completing this session, you will be able to: 

·        Understand the requirements for preparers to prepare EITC claims.

·        Identify issues auditors will look for during an EITC audit.

·        Describe the EITC enforcement process and the role of the audit function, criminal

investigations and Office of Professional Responsibility.

 WHO SHOULD ATTEND?

Tax practitioners and accountants who provide tax preparation services, tax resolution services or those who would like to understand more about how to work effectively with the IRS.

 Course Level: Intermediate
Course Length:  60 Minutes
Prerequisites:  NONE 
Delivery Method: Group-Live Internet 
Field of Study: Personal Development – Non-Technical
Recommended CPE: 1
Recommended CE: 0
IRS Course Category: Federal Tax Law Topics/Federal Tax Related Matters
Online: NESGF-T-00164-23-O
In-Person: NESGF-T-00164-23-I

SPEAKER:
Eric Green
Attorney
Founder of The Tax Rep Network