Webinar (AICPA): IRS Audits

Description

Internal Revenue Service audits (or “exams” in IRS lingo) are an integral part of the tax compliance landscape. Although statistically few returns are selected for exam each year, this fact tends to be of little comfort to the taxpayer who has won the “audit lottery.” While CPAs cannot do much to prevent a client’s return from being audited, they can perform a valuable service by assuring that the exam is no more of a burden on the client than is necessary and that the client’s rights and interests are adequately safeguarded. Accomplishing this objective begins with a familiarity with the audit process. Topics discussed • RAR: Revenue Adjustment Report • Preparing responses • Accounting for audit adjustments • Amended state tax returns • Installment Agreements • Offers in Compromise • The Assessment Process • The Collection Process for seizures and sales of taxpayer property • The IRS process for seizures and sales of taxpayer property

Learning Objectives

Evaluate IRS audit trends and the audit selection process~Understand the types of IRS audits~Determine when IRS requests could be challenged~Become familiar with the timing, scope, and location of various IRS audits~Understand IRS audit techniques and inquiries and appeal rights~Manage the information document request process and evaluate the contents of a revenue agent report (RAR)~Understand how to update/amend related state income tax returns as affected by the Federal RAR

Provider
AICPA
Course Level
Advanced
CPE Field of Study
Taxes
4
Instructor(s)
William Marutzky
Prerequisites

Basic knowledge of general proceedings of IRS audits

Register Now
When
Nov 8, 2018
11:00 am - 2:59 pm
Location
Online
Total CPE Credits
4
Format
Webinar
Instructor
William Marutzky

MEMBER


$ (% off)
$159.00

NON-MEMBER


$ (% off)
$199.00
Become a Member

Register for this Event

Webinar (AICPA): IRS Audits


Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×