This two-hour ethics course explores valuation ethics and cases. A power-point presentation is backed up by an outline and a complete 10-case file for reference. The presentation implies a possibility that IRS finds that valuation practitioner discipline may be less efficient than various practitioner penalty provisions, and the use of taxpayer punitive economic consequences. An implied larger problem is a short sighted appraiser selection criteria that results in (a) minimalist appraisal, by (b) unqualified or low-effort appraisers; much of which may be based upon taxpayer reluctance to ascribe value to a detailed, high-quality appraisal. The case facts teach lessons through the stories of published cases.
Course Objectives:
- Identify current principles in play for a potential winning appraisal while determining a strategy to avoiding both ethics entanglement and a more negative taxpayer outcome.
- Personally derive a feel for what is needed to protect the taxpayer, the tax practitioner and the appraiser, and conclude whether or not the weight of a misstep is squarely on the taxpayer.
- Identify a path to a more efficient arrangement for obtaining a high quality appraisal report and appraiser; the taxpayer and/or tax practitioner then understands and enables a maximized opportunity to determine taxpayer's own efficient, detail justifiable, highest taxpayer outcome preparation.
When/Where:
Wednesday, January 29, 2020
7:00 PM – 9:00 PM PST
Location:
Staples
2050 North Tustin Street
Orange, CA 92865
Speaker:
Curt is a California Board of Legal Specialization Certified Taxation Specialist. (Certified by State Bar of California Board of Legal Specialization: Taxation) and a Tax Attorney, Patent Attorney, MBA. In addition to his J.D., Curt holds an LL.M. - Tax from the University of San Diego, B.S in Chemistry, Masters Degrees in Chemical and Electrical Engineering, and an M.B.A. - some of which was earned while working for Aramco. Curt was chair of the Taxation Advisory Committee of the California Board of Legal Specialization, a unit of California State government that oversees California's Legal Specialization Program, and then was chair of the main board of the California Board of Legal Specialization. A State Bar of California Approved Tax Specialization Continuing Education provider, Curt is also enrolled to practice before the Internal Revenue Service and admitted to practice before the United States Tax Court, enabling representation of taxpayers from any jurisdiction before the Internal Revenue Service and before the United States Tax Court, and the United States Patent & Trademark office.
CLE Credit:
2.0 Hours of TAX SPECIALIZATION-CLE/CPE ETHICS for CPA's & Attorneys is available from Curt Harrington ( Tax Specialization Continuing Education Provider #15203 ) & offered at no charge.
Presented by:
California Continuing Education, Inc, a nonprofit California provider of professional (CLE, CPE) education for Attorneys, CPAs and members of the public.
Please check back with - http://www.patentax.com/CLE/ for last minute information & upcoming programs.
Contact: curt@patentax.com for questions about the syllabus or your particularized concerns.
For more information:
Call (562) 594-9784
http://patentax.com/curt/
http://patentax.com/CLE/
Casefile Preview
Outline
Slides (PPT) Slides (PDF)
Eventbrite
Bio: Full (pdf) Short (pdf) (jpg)
