Audit of an Individual Income Tax Return - What Happens?
At some point, almost every tax professional will have a client who receives an IRS notice or letter. Taxpayers can receive several different types of notices and letters from the IRS. The letter or notice could indicate the IRS is auditing them, they are in collection status with the IRS, or the IRS is making a simple change to their tax return. Attend this webinar to learn how to best assist your clients when they receive correspondence from the IRS.
Upon completion of this course, you will be able to:
- Differentiate between correspondence, office and field audits.
- Distinguish between practices to avoid and practices to follow during an audit.
- Determine what steps the taxpayer should take during and after the audit.
Includes webinar recording, PowerPoint presentation and Q&A webinar transcript. CPE is issued after exam is successfully completed.
Genaro Cardaropoli, CPA