Description

Understand IRS audits

Before your client gets the letter, learn what's involved in an IRS audit and what you can expect from the process to follow.

Understand how to negotiate, settle on appeal, and qualify for an IRS collection program.

This webcast has been updated with the latest IRS announcements regarding audits and recent court cases to give you the necessary insight to represent your client before the IRS.

Know the options

Know how to evaluate your client's best options for dealing with the IRS.

Instructor: William Murphy

Target Audience

Intermediate and Experienced CPAs

Enrolled agents

attorneys

Course Objectives

evaluate IRS audit trends and the audit selection process.

Determine when an IRS request could be challenged.

Identify 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.

Subjects

assessment processes

audit selection, examination, and the appeals Process

Installment agreements

Offers in compromise

Advising delinquent taxpayers

the IRS collection Process for Tax liens, levy, seizure, and Sale

Bankruptcy and the effect on Tax liabilities

practice before the IRS

business Taxation

Tax liens levy seizure

Prerequisites

Experience in individual or business taxation.