Instructor
Charles Montecino
Instructor
Charles K. Montecino is a Certified Public Accountant and Certified Tax Resolution Specialist with over 40 years of experience in public accounting. Over the past 25 years, he has
specialized in helping clients resolve complex IRS issues, earning him the nickname “The Tax Problem Solver.” He is known for his patient and non-judgmental approach, making his clients
feel comfortable even when addressing tough tax situations. In 2008, Charles was honored with the Top Practitioner Award by the American Society of Tax Problem Solvers.
Charles is licensed in both New Jersey and Pennsylvania and holds the Chartered Global Management Accountant (CGMA) designation. He is an active member of the AICPA, NJCPA,
PICPA, and the American Society of Tax Problem Solvers. When he is not helping clients navigate the complexities of tax law, Charles enjoys spending time with his wife, children, and
grandchildren, watching the Philadelphia Phillies and Eagles, golfing, and fishing.
When taxpayers fail to file, the IRS may prepare a Substitute for Return (SFR), often resulting in overstated tax liabilities and limited deductions. Understanding how SFRs are created and how to respond is critical in reducing client exposure. This course focuses on identifying SFR situations, correcting inaccurate filings, and replacing IRS-prepared returns with accurate taxpayer filings.
• Identify when the IRS has prepared a Substitute for Return
• Understand how SFRs are calculated and their limitations
• Determine steps to replace an SFR with a filed return
• Apply strategies to reduce tax liabilities resulting from SFRs
• IRS Substitute for Return process and authority
• Differences between SFR and taxpayer-filed returns
• Correcting overstated liabilities • Filing strategies to replace SFRs
• Coordinating SFR corrections with collections activity
Basic understanding of individual taxation
CPAs and tax professionals representing clients with IRS-prepared returns