From Financial Accounting Standard Interpretation Number 48 (FIN 48) to Code Section 6694 to Treasury Circular 230 (Amended) to AICPA Statements on Standards for Tax Services, every tax partner and senior manager faces a daunting array of new “guidance” and regulation. Rarely have both tax and financial statement issues been so intertwined – and so likely to cause firms problems. New emphasis on evaluation of the likely success (or not!) of tax return positions for both GAAP reporting and tax compliance require that all CPAs become familiar with risk analysis as that term is applied to those tax return positions. This program explains the various rules and what it takes to keep your clients out of penalties and protect yourself as well.