Understanding IRS Office and Field Audits On-Demand Webinar

Summary

If what’s holding you back from getting into tax representation is a fear of the unknown, we’re here to help. This webinar will cover uneasy situations including the face-to-face interactions of an IRS audit, IRS procedures and protocols, and how the representation of a client really works. We’ll familiarize you with each stage of an IRS office and field audit, from the audit notification letter and procedural steps to the final determination and any appeals. Understanding what to do at each stage of the audit process is key to a successful outcome for you and your client.

After exploring the four stages of an audit, we’ll focus on the preparation stage. A poorly planned audit often results in a poor outcome and a lengthy, costly and frustrating examination process. We’ll also cover specifics of how the IRS plans for an audit. You’ll learn the audit preparation essentials, including how to do a mock audit on the most important issue in an audit: unreported income. Lastly, we'll review the mandatory steps you need to take before the audit starts so that you can control the examination and produce the best results for your client.

Objectives

Upon completion of this course, you will be able to:

• Outline the four stages of the IRS audit process for office and field examinations, including what is involved and how to represent your client at each stage of the audit
• Effectively plan for your client’s audit
• Implement strategies and best practices for resolving disputes and penalties in audits and identifying when their client may be subject to a fraud investigation by the IRS

Course Details

This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.