July 2020
Wednesday, July 22, 2020
Defending Estate and Gift Tax Audits
Topics to be covered:
- Timeline, process, personnel and deadlines – understanding how an audit unfolds
- Common audit triggers and how returns are selected for examination
- Review of common issues on audit – FLP/FLLCs, defined value clauses, insurance policies and lifetime gifts
- Drafting responses and working with IRS personnel
- Determining the range of reasonable settlement proposals
- Important attorney-client privilege, statute of limitation, and evidentiary considerations
Faculty: Brian R. Harris, Akerman LLP, Tampa, FL