This bundle contains three courses for a total of 6 IRS CE. Each course includes a workbook for continued study and practice as well as access to a private 'Ask the Instructors' Q&A Board.
Mistakes happen. Amending tax returns provide taxpayers with opportunities to correct mistakes or take positions that were unknown when the original return was filed. This course introduces tax professionals to the process of amending returns.
Timing is everything when it comes to amending tax returns. Missing a deadline makes the difference between a valid claim for a refund and losing it forever. This course dives deep into the statutory and procedural time limits.
Correcting a mistake from several years ago can create a cascade of consequences. In this advanced course, we explore how prior-year amendments can affect subsequent years, including carryovers, basis, elections, filing statuses and method changes.
