At the IRS Tax Forum last week, TaxMama was at the focus group regarding IRS Tax Lien Releases where a disturbing problem was revealed by one of the CPA’s in attendance. After many participants complained that IRS computers were issuing liens even when revenue officers promised there would be no liens, the CPA told us the IRS computers were working so fast that IRS staff couldn’t get the liens blocked quickly enough. Our focus group recommended that IRS expand the time frame between lien notice and placement of lien.
Of course while we were at the IRS Tax Forums last week, the class was on hiatus. Several students took advantage of the opportunity to sit for part 1 of the EA exam and every single one of them passed! They are jubilant but their heads are still spinning from the difficult questions.
Remember that you can still sign up for Parts II and III of the Live Course. Part III starts on August 25. We will run Part I again in the fall for those registering for the live course in July. You can register for the Live Course here.
TaxMama’s August 5th workshop on Hobby Losses will help you avoid getting audited in the first place and will help you win audits that do come up. For more details check out the following link:http://csea.org/EducationandEvents/digiTAXEducation/tabid/89/Default.aspx
Don’t worry if you have missed the Live course for Part 1 or can’t make the dates for Part 2 and 3. The Self Study course is still a great way to learn at your own pace, on your schedule and with access to all AUDIO and VISUAL materials online from your office, your home, the beach or the International space station – anywhere your laptop, mp3 player, iPhone or Blackberry will take you. You can register at any time but why not do it now and get started on your way to a new, recession proof career – Register here.
Until next time,