Pete Wilson, National Managing Director of Tax Quality Control, RSM McGladrey, Inc. to Speak at KC’s Event on The Many Repercussions of Section 6694 on 09/16/08

New York, NY, July 04, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Pete Wilson, National Managing Director of Tax Quality Control of RSM McGladrey, Inc. will speak at the Knowledge Congress’ upcoming teleconference entitled: “The Many Repercussions of Section 6694”. This event is scheduled for September 16, 2008, Tuesday, from 1:00 PM - 3:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_6694.html)

IRS issued Revenue Procedure 2008-14 for the purpose determining the sufficiency of tax returns resulting in avoidance of penalties for underpayments of tax, and penalties against tax preparers for irregularities in tax returns. This procedure will cover periods beginning December 31, 2007, including 2008 returns using 2007 forms. Taxpayers, accounting firms, financial advisers, and companies who employ tax preparers should be strongly familiar with this amendment to avoid being sanctioned for possible violation of the restrictions mentioned.

The Knowledge Congress has produced a two-hour teleconference and webinar featuring a panel of distinguished experts who will share their views on the topic.

About Pete Wilson

Pete Wilson is a Managing Director with RSM McGladrey’s National Tax practice and a partner in McGladrey & Pullen, LLP. He is responsible for quality assurance, risk management, and professional standards for the firms’ $400+ million tax practice.

Pete regularly advises RSM McGladrey tax professionals concerning professional standards, quality assurance, and risk management matters. He also consults with tax professionals from the 96 independent CPA firms that are members of the RSM McGladrey Network.

Pete is licensed as a Certified Public Accountant in New York and North Carolina and is admitted to the bar in New York, Massachusetts (inactive), and North Carolina. He is a member of the AICPA and the American Bar Association (Tax Section and Standards of Tax Practice Committee).

About RSM McGladrey, Inc.

RSM McGladrey Inc. is a leading professional services firm providing accounting, tax and business consulting. RSM McGladrey operates in an alternative practice structure with McGladrey & Pullen LLP, a partner-owned CPA firm that delivers audit and attest services. Through separate and independent legal entities, they work together to serve clients’ business needs. Together, the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting services (source: Accounting Today), with 8,000 professionals and associates in nearly 100 offices. RSM McGladrey Inc. and McGladrey & Pullen LLP are member firms of RSM International, an affiliation of independent accounting and consulting firms. RSM McGladrey is the official accounting, tax and business consulting firm of The PGA of America.

For more information about Pete Wilson and RSM McGladrey, Inc., please visit: www.rsmmcgladrey.com.

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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