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Anatomy Of An IRS Audit

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • MRTP
  • CFIRS
  • CWS

Published: September, 2021

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

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

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.

Recommended For

This online CPE webinar is recommended for CPAs, EAs, CTEC, AFSP, Tax Preparers, and Other Tax Professionals who desire to support their clients in IRS Audit

    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

    Course Qualification

    Webinar Qualifies For

    • 4 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-00312-20-S)
    • 4 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
    • 4 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0317)
    • 4 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP)
    • 4 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00312-20-S)
    • 4 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00312-20-S)
    • 4 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
    • 4 CE Credit for Certified Wealth Strategist (CWS)
    • 4 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals

    Additional details

    • Course Level :
      Basic
    • Credits :
      4
    • Instructional Method :
      QAS Self Study
    • Pre-requisites :
      None
    • Advance Preparation :
      None

    IRS APPROVED

    MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

    MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

    NASBA APPROVED

    MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

    MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

    CTEC APPROVED

    MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

    MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

    Presenter

    About Presenter

    Robert Brennan

    Certified Public Accountant (CPA), Robert P Brennan CPA, LLC

    He was an Internal Revenue Agent for the US Treasury Department as part of the Special Enforcement Group in Philadelphia, Pa. We specialized in Fraud Investigations and Income Reconstruction Cases.

    Over the past 20 years I have assisted Attorneys in their representation of Individuals and Business Entities that are under Civil or Criminal Investigation by the Internal Revenue Service.

    He has been an Instructor of Accounting, Forensic Accounting and Taxation for over 35 years at various Universities in the Philadelphia, Pa Area.

    He has a Bachelor of Science with Major in Accounting from LaSalle University and a Masters in taxation from Philadelphia University.

    Certified Public Accountant (CPA) in Pennsylvania (1986)

    Since 1982 have been qualified as an Expert Witness in the Federal District Courts of Eastern and Middle Districts of Pennsylvania.

    Seminar presenter for AICPA, PICPA and various Accounting Organizations for over 25 years 

    Faq

    FAQs content

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    Ratings and Review

    4.2

    311 Ratings

    Excellent

    136

    Very Good

    118

    Average

    49

    Poor

    6

    Terrible

    2

    NAM

    Nila A Macdonald-park, EA

    Jul 6th, 2022

    Very much enjoyed this class, the instructor kept the conversation lively by giving everyday examples.

    MP

    Mike Payne, CPA (US), JD

    Aug 26th, 2021

    The CPE is so nice you should watch it twice.

    TK

    Tyler Konarik, CPA (US)

    Dec 16th, 2021

    Great class learned a lot about Taxes

    Ana De Abreu
    Ana De Abreu, Accountant, AFSP

    Dec 12th, 2021

    Great content and excellent presenter

    SM

    Sarah Manning, Accountant, CPA (US)

    Dec 24th, 2021

    In-depth lesson with good material

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