Develop a deeper understanding of the tax dispute process including objections and appeals, identify the real reason for the audit, tips on how to keep the audit on track and deal with the tax office. Unpack 5 case studies of tax audits to identify issues that may arise and how to deal with them.
9.00am to 10.00am Lessons Learned from 15 Years of Dealing with Tax Audits, Objections and Court/Tribunal Appeals
- The tax dispute process and the role of each person in the chain
- Unearthing the real reason for the audit and addressing it
- The art of dealing with the “skeletons in the cupboard” during an audit
- Actively managing an audit to keep it on track and tips for where it stalls
- Practical challenges of how to get things done with the tax office
- Tactics used by tax auditors to determine a taxpayer’s honesty
- Dealing with difficult auditors: setting up the dispute for review
- What you don’t know that you don’t know about the process
- Using the audit process as an accounting opportunity
- The difference between the way audits are conducted, vs objections, vs AAT and what the reviewer in each review stage is looking for
Description
Attend and earn 2 CPD hours in Technical Competence
This program is applicable to practitioners from all States & Territories
10.00am to 11.00am Case Studies: Identify The Issues and Lessons Learned
- Unpack 5 case studies of tax audits to increase your ability to identify issues prior to an audit and influence the path of the audit.
Presented by Adam Ahmed, Principal, Adam Ahmed & Co; Solicitor and Chartered Accountant; Author, International Tax, Deductions and Assessable Income (Thomson Reuters)
Presenters
Mr. Adam Ahmed, Principal, Adam Ahmed & Co
Adam is a dual-qualified solicitor and chartered accountant specialising in tax and contracts. Adam regularly advises clients on tax audits and disputes and is able to assist on both the accounting and legal side, achieving significant reductions in tax liabilities. Adam has also acted for taxpayers in the Federal Court and the Administrative Appeals Tribunal. Recently, Adam has become a thought leader on cryptocurrency, superannuation and tax disputes and settlements with the ATO. Adam also specialises in tax advice, including applying for private rulings. Being dual-qualified, Adam can ensure that the tax advice has the relevant supporting documentation (contracts) and is appropriately reflecting in tax returns and filings. Adam previously worked at senior levels in Allens Linklaters and KPMG before commencing practice in 2012. Adam was the founder and chair of the tax law committee of the law society (young lawyers) and also served as treasurer of the law society (young lawyers) and executive council member. Adam is also a published author for Thomson Reuters, his works include International Tax, Deductions and Assessable.
This seminar is part of a series
Advising Small Business Series
Thursday, 13 April 2023
Ensure that you are up-to-date with recent changes affecting your small business clients. This series will provide you with a timely update on changes to FBT and the current focus areas for the ATO. WEB234A01Z
Description
Teachers attending the entire series earn 6 Professional Development Hours (NSW, VIC) / CPD Points (QLD, WA, SA)
Lawyers attending the entire series earn 6 CPD units in Substantive Law
This program is applicable to practitioners from all States & Territories
If you register for the full series as a live online product after the date of an individual session, you will be sent the recording for the sessions that have passed. Alternatively, you can register for individual sessions by following the links below.
View series listing
