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
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