Successfully navigating disputes with state revenue authorities has never been more important. From the moment an auditor knocks on the door, taxpayers must be prepared.
Tax Executives Institute will hold a two-day seminar focused solely on state tax controversy in Orlando, Fla., December 6-7. Designed to follow the process from audit to protest to possible litigation, TEI’s State and Local Tax Controversy Seminar features sessions by well-known tax professionals designed to enhance advocacy skills and help achieve better results.
“The drop-off in tax revenues as a result of the recent recession, coupled with the accelerating flow of new products and services from businesses, has created an atmosphere ripe for controversy. This seminar will provide members with an opportunity to gain insight from top practitioners on how best to approach these situations.”
TEI International President Carita R. Twinem
The seminar will kick off with a session on Best Practices in Audit Management presented by professionals from Grant Thornton LLP, which will include tips on how to build relationships with state departments of revenue that facilitate communication to more efficiently resolve issues before they become too difficult.
Next, reflecting the increased use by businesses of “big data,” the seminar will continue with a presentation focusing on How to Handle an Audit in the Electronic Age. These sessions, and the seminar as a whole, will include tips, advice, and insight into controversies involving both income and transaction taxes.
Often viewed only in the negative, audits can also present opportunities to utilize offsets and obtain refunds that otherwise must be claimed through the filing of an amended return. The session “Lemonade out of Lemons: When and How to Look for Offsets and Refunds During an Audit” presented by Tov Haueisen of Ernst & Young LLP will provide registrants with a guide for identifying and claiming tax benefits in the midst of an audit to reduce assessments or produce a tax refund.
Other sessions include Tips for Drafting an Effective Protest, Evidentiary Pitfalls in State Tax Litigation, and Litigation Preparation (including an update on protecting privilege).
The seminar will be held at the conveniently located Hyatt Regency Orlando International Airport Hotel allowing easy access to air transportation. “We look forward to a successful program with an impressive array of topics sure to give those who attend a leg up in the state audits and controversies they will encounter,” said Ms. Twinem.