How To Deal Effectively With IRS Examinations And Criminal Investigations?

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.

Course Description

IRS audit is a complex process and it continues to unfold new leaves despite clearing so much. To represent clients correctly and effectively, professionals need to understand the IRS's internal procedures and processes. This webinar takes an in-depth view of the examination process from the revenue agent’s perspective and helps professionals practicing before the IRS. Potential questions such as - what type of returns are selected, how you can help your client survive an IRS audit with little or no change, which are the high-risk areas of the return, and other common issues - prepare the professionals for a better response for any qualified situation. While dealing with the IRS, it is not enough to be updated on tax laws, regulations, rulings, and court decisions, but also to be technically proficient in major aspects, especially while dealing with high-risk issues.

Especially, when the IRS believes that your client has committed a tax crime, it comes with a different implication. This covers investigations into the background, finances, tax history, foreign accounts compliance, and disclosures. It can risk offshore accounts, assets, investments, and incomes if it is proven that the client has not followed guidelines. 

In this webinar, the learned speaker, Robert Brennan, provides a bird’s eye view of the overall process and caters to the need of tax and financial professionals to prepare for effectively managing IRS audits.

This CE Tax webinar covers the following Key Topics:

• Key considerations of IRS examination and investigations in-depth: Pre-Contact Responsibilities of the Agent and an in-depth Analysis, Repetitive Audit, Collectability, Third-Party Contacts, 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 the 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: when to file old years; and when to pause & seek Counsel
• How did an IRS Criminal Investigation originate and how can a Normal Civil Audit Become a Criminal Referral to the Criminal Investigation Division?
• What is the IRS Criminal Investigation Division looking for to pursue a Case? 
• The Difference between Intent and a Mistake and a review of the IRM Part 9 that covers IRS Criminal Investigations.
• What Techniques do IRS Special Agents use to Interview “Targets” of their Investigations, Surprise Home Visits, etc., and Investigative Techniques to support their Criminal Referral to the Dept of Justice, i.e., Direct and Indirect Methods of Proof?
• Common defenses against IRS Accusations of Criminal Tax Fraud, and Client's Rights to Conferences with the Government before Indictment.
• The Role of the IRS Experts & the Defense Expert at Trial and in the preparation for Effective Testimony
• The Application of Penalties, specifically Fraud, Negligence, and Substantial Understatement Penalties.
• Review of Real-Life Fraud Cases and the mistakes made on both the Government and the Defense Side, and current trends in IRS Criminal Investigation

This webinar covers the subject in-depth and brings life to the course with real-life examples. It provides valuable inputs for establishing best practices for professionals at large for IRS audits and investigations. 

If you are interested in IRS Audit and Representation, then Tax Resolution and IRS Representation Courses may interest you.

Overview

• IRS Update on Audits

  8 mins
• Right to Retain Representation

  20 mins
• Conflict of Interest

  38 mins
• Determining the Scope of an Examination - Current Prior and Subsequent Years

  70 mins
• Scheduling the Appointment: Overview

  96 mins
• Reliable Books and Records

  139 mins
• Criminal Investigation releases Fiscal Year 2019 Annual Report; Celebrates 100 Years

  177 mins
• Fraud Handbook

  208 mins
• Return Prepare Fraud

  245 mins
• Memorandum of Interview

  272 mins
• Authority for Using the Expenditures Method

  301 mins
• Relevant Conduct

  341 mins