Apcob Assistant Managers Exam pattern
Apcob
Assistant Managers Exam pattern 1. Zero Wages – A new addition
to the list, the zero wages scam is designed to create a log jam in the system.
A taxpayer is supposed to file a tax return with no wages claimed and notice of
challenges to any W-2 or 1099 wage reports. In essence, the idea is to not pay
taxes while the IRS tries to figure out what is going on. Ultimately, the goal
is to get the IRS to accept a zero income tax return, which of course requires
no payment of taxes. apcob exam
syllabus 2. Form 843 Tax
Abatement – The tax abatement strategy is very creative. It is typically used
for taxpayers who have failed to file taxes for a few years. In such a
situation, the IRS will often assess taxes to the individual based on a variety
of factors. The strategy is to abate this assessment and pay not tax by
challenging the assessed amount as being calculated incorrectly. The IRS says
it doesn’t fly, but it is a very creative strategy. apcob exam
previous papers 3.
Identity Theft/Phishing. This isn’t so much a tax reduction scam as a nightmare
wherein identity thieves try to obtain information from taxpayers by acting as
IRS agents. Often they send out email as though they are from the IRS. The IRS never sends emails to taxpayers, so
don’t respond to these emails. If you’re not sure, call the IRS and ask them if
there is a problem. You can reach the IRS at 800-829-1040. 4 Credit Repair
Companies – You see these companies everywhere. apcob exam
model papers Some are legitimate
while others are not. The ones that are not charge high fees and do almost
nothing other than putting taxpayers on some kind of a payment plan. The IRS is
currently revoking the tax-exempt status of many credit repair companies. 5.
Offshore Strategies – A traditional area of angst for the IRS, offshore
strategies continue to be closely watched. The IRS is hyper sensitive to such
strategies and tries to shut them down. In 2005, 68 individuals were charged
and convicted for promotion offshore tax scams and thousands of taxpayers were
audited with nightmarish results. apcob
online exam model papers If you want to go offshore, make sure you get
qualified advice from a tax professional and attorney. Don’t buy something off
a web site. There is a fine line between tax evasion and tax avoidance. Tax
avoidance is legal while tax evasion is criminal. If you wish to pursue
advanced tax planning, make sure you do so with the advice of a tax
professional that is going to defend the strategy to the IRS
apcob
previous exam papers for manager.
Apcob Assistant Managers Exam pattern