Course Description

Answering clients’ tax questions accurately and on time is a key challenge for tax practitioners. Through simple, plain language explanations and examples, this course will help practitioners perform tax research more efficiently by describing the structure of the primary sources, highlighting the difference between primary and secondary sources and describing the steps in the tax research process.

Learning Objectives

  • Illustrate the organization of the Internal Revenue Code, the Treasury Regulations, and Revenue Rulings

  • Identify the circumstances when a client may want to consider requesting a private letter ruling.

  • Differentiate between primary and secondary pieces of authority

  • Illustrate the steps to the tax research process and the parts of a tax research memorandum

Additional Required Materials

  • Level: Intermediate

  • Field of Study: Taxes (NASBA), Tax Planning (CFP)

  • Who Should Attend: CPAs, Controllers, Accountants, Tax Practitioners and Enrolled Agents who are looking to improve their research skills and understanding of the composition of the Internal Revenue Code

  • Required Knowledge: Basic knowledge of tax law

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.