Tax Research Methodology: A Practical Guide to Perfecting Your Tax Research Techniques and Achieving Sustainable Tax Return Filing Positions for the Upcoming 2020 Tax Season and Beyond!
Introduction
In order to properly optimize your accounting firm’s overall efficiency, effectiveness, and productivity in connection to researching and resolving a tax issue and determining the sustainability of a tax return filing position per Circular 230, the appropriate tax research processes must be meticulously designed, implemented, and executed.
The subsequent five practical steps will guide you in establishing and sharpening your 20/20 vision as it relates to reviewing your tax research methodology through an all-inclusive lens in time for the 2020 tax season while properly ascertaining the likelihood of success should a tax position taken on a tax return be challenged by the Internal Revenue Service (hereinafter the “Service”) upon examination.
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