Video: Interacting with the IRS: Tax Positions, Audits, Appeals and Judicial Process Summary

In this lesson, Nick Palazzolo, CPA, brings clarity to the complexities of interacting with the IRS, focusing on tax positions and the nuances of audits, appeals, and the judicial process. He sheds light on the rights and limitations taxpayers and tax preparers face when navigating the legalities of the tax world, including knowing when and how to move through the hierarchical court system. Nick emphasizes the significance of understanding these processes for anyone dealing with tax preparation, whether professionally or personally. He also cautions against taking frivolous positions on tax returns, reinforcing the importance of staying informed on these critical issues.