Anatomy Of An IRS Audit

Robert Brennan

Robert P Brennan CPA, LLC

  • AFSP
  • CPA
  • EA
  • Tax Preparer
  • CTEC

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

Overview

  • High Income High Wealth Audits
    14 mins
  • Initial Return Screening
    27 mins
  • Restriction on Consecutive Audit or Survey by Same Examiner
    37 mins
  • Examination of Income
    50 mins
  • Learning Objective 3 - The Audit
    74 mins
  • Place and time of Examination
    99 mins
  • Inspection of a Taxpayer's Residence
    135 mins
  • Learning Objective 5 - Penalties and how to get them abated
    149 mins

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.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • 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