- Credits: 4
- Format: Scheduled Webinar
- Field of Study: Federal Tax Law
- Author/Speaker: Sheldon Clark
| Course ID: | Advanced Preparation: | Experience Level: |
|---|---|---|
| EWTFM-T-01765-21-O | 6233-CE-0489 | None | The tax return preparation process |
| Published Date: | Program Prerequisites: | Other Course Formats: |
| February 2021 | Basic knowledge of Tax Preparation | eBook Self-Study | Self-Study Video | OnDemand Webinar | Live Webinar |
COURSE DESCRIPTION:
This 4-hour webcast will provide attendees with tips and techniques when representing a client who is about to undergo an IRS audit of their various tax returns.
Who Should Attend:
Practitioners need to be prepared when their client gets that unwelcome IRS audit letter.
Topics include:
- Overview concerning dealing with the IRS
- IRS audit methodology and techniques
- What is practice before the IRS?
- Who can practice before the IRS?
- Engagement initiation and planning
- Engagement agreement when representing clients before IRS
- Rules of practice
- Return scoring
- Documentation backup and what might be requested
- Questionable treatment of reported information
- Taxpayer's Bill of Rights
- IRS practice procedures
- IRS's authority to audit returns
- IRS's summons authority
- Types of audits
- Audit reconsideration
- Audit strategies
- Appealing IRS decisions
- Taxpayer's safeguards at an examination
- What is a POA?
- Offer in compromise
- Tax professionals' audit practice management
- Recent tax legislation ramifications
- Various related topics
Learning Objectives:
After reading the course material, you will be able to:
- Provide the tax practitioner with practical information to assist clients with surviving the dreaded IRS audit
- Provide the tax practitioner with information for the give and take of the IRS audit
- Provide the tax practitioner with various strategies for handling the IRS audit
Who Should Attend:
- All Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Return Preparers (TRPs)
