Handling IRS Audits

4.8 (43)

Nicholas Preusch, CPA

PBMares, LLP

  • CPA
  • EA
  • CTEC
  • TAX PROS
  • AFSP

Credits: 1 CPE | 1 CE

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Maryland Tax Preparers

1 CE credit of Federal Tax for Oregon Tax Preparers

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

1 CE credit of Federal Tax Law for 2021 Annual Filing Season Certificate program( IRS Approved : GEHNZ )

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Before starting this self study program, please go through the instructional document.

Overview

  • Different Type of IRS Audits.1 mins
  • Importance of Adopting the IRS approach3 mins
  • Key steps of handling IRS Audit5 mins
  • Why issuing identification is important?27 mins
  • What are the most common issues and how to avoid them ?28 mins
  • How to limit the scope of the audit?32 mins
  • TEFRA - Tax Equity and Fiscal Responsibility Act and its implications47 mins
  • Statutes of Limitations (SOLs) - Exceptions, Pass-through, Collection, Mitigation48 mins
  • What is Penalty Abatement? Which are some of the quicker ways to get IRS information?50 mins

Course Description

Audit makes people uncomfortable. It is a general response to break a sweat whenever the word is heard. It is a general belief that IRS audits are complex, costly, and time consuming processes. This webinar aims to help understand IRS audits and how as a tax professional you can handle it comfortably.

The complex IRS audits are governed by unique rules in order to successfully guide clients through. This webinar takes a practical approach and provides vital information as to how you can navigate the audit and appeal levels of an IRS audits. The webinar covers this with the following Key Topics:

  • Identification of scope
  • Using qualified amended returns
  • Statute of limitations and its application
  • Utilize techniques for negotiating with IRS appeals
  • Generate additional revenues with IRS audit

This webinar will be attractive for CPAs, EAs, Tax Preparers, and Tax Practitioners.

Learning Objectives

  • To define the limits of the scope of IRS audits
  • To determine when to use qualified amended returns
  • To determine the statute of limitations and describe how they apply
  • To utilize techniques for negotiating with IRS appeals
  • To generate additional revenues with IRS audits

Who Should Attend?

  • Enrolled Agent
  • Tax Attorney
  • Tax Practitioners
  • Accountant
  • Others
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Auditors
  • Tax Firm
  • Tax Accountant (Industry)
  • Tax Director (Industry)

Testimonial

4.8

(43)
84%
16%
0%
0%
0%

LB

It was a really great webinar. With interesting material and excellent presentation, I enjoyed a really valuable learning...!

CL

Great content accuracy. Great presentation. I thoroughly enjoyed this webinar. Thank you Nicholas.

ES

The webinar was focused on the subject and very informative.

LP

The course was very insightful and useful having covered numerous practical aspects.

TAK

Great job Nicholas... ! It was really an informative webinar. I would want to attend more webinars with such great value.