Anatomy of an IRS Audit | 4.0 hrs CPE Webinar | myCPE

CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

AFSP
CPA (US)
EA
Tax Preparer
CTEC

Anatomy of an IRS Audit

4 Credits

$50

Subject Area

Taxes

Webinar Qualifies For

4 CPE credit of Taxes for all CPAs

4 CE credit of Federal Tax Related Matters for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00312-20-O)

4 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0317)

4 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

4 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00312-20-O)

4 CE credit of Federal Tax Related Matters for Oregon Tax Preparers (Approval No. GEHNZ-T-00312-20-O)

4 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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This Course is Also Available in Self Study (On-Demand)

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Course Description

IRS audit is a complex process and it continues to unfold new leaves despite clearing so much. This webinar is for those practicing before the Internal Revenue Service. The webinar will take an in-depth view in the Examination Process i.e. What the Revenue Agent should consider

Pre-Contact Responsibilities of the Agent
In-Depth Pre-Contact Analysis
Repetitive Audit
Collectability
Third Party Contacts
Making Initial Contact
Scheduling Appointment with the Taxpayer
Place of Examination
Time of Examination
Transfer of Returns Prior to the Initial Appointment
Authority to Examine Tax Returns
Advising Taxpayers of the Reasons for Their Examinations
Requesting the Audit File before the Examination begins
Examination Techniques
When the normal audit case is referred to Criminal Investigation Division
How to differentiate between the application of a Fraud Penalty and Negligence
Statute of Limitations; 3 year and 6-year statutes
Failure to file cases and when to file old years and when to pause and seek Counsel

It will answer the key questions like:

How to secure the case file even before the Audit begins.
How to determine how the Audit was selected.
How many years can the IRS go back during the examination?
What are the red flags for the Agent to refer the case to Criminal Investigation Division?
What is the criteria for a Fraud Referral by the Revenue Agent?

The webinar will go in depth covering a lot of subjects. Real Life examples will bring to life the dos and don’ts of dealing with the IRS during an Examination of your client’s return.

Learning Objectives

To identify the Revenue Agent's Responsibilities during the preparation for the audit
To recognize what can and can't be done during the Audit.
To recall the Revenue Agent's Audit Guidelines
To recognize what the Revenue Agent is supposed to do and what the Practitioner can do to represent his client knowing the do's and don'ts of what can and should be done during the audit.
To review the Internal Revenue Manual in the area of Revenue Agent pre-audit and audit guidelines.

Recommended For

This IRS CE approved webinar is recommended for tax professionals who are involved in tax practices and their client's return comes under IRS audit.

Who Should Attend?

Accountant
Accounting Firm
Accounting Managers
Auditors
California Registered Tax Professional
Certified Valuation Analysts
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Maryland Tax Preparers
Oregon Tax Preparers
Senior Accountant
Staff of Accounting Firm
Tax Accountant (Industry)
Tax Attorney
Tax Director (Industry)
Tax Firm
Tax Managers
Tax Practitioners
Tax Preparer
Tax Pros
Young CPA

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