Courses

Surgent's How to Effectively Represent Clients Under IRS Audit

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Member Price: $89.00 Non-Member Price: $119.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 2.00
Fields of Study:: Taxes
Level:: Basic

Increased funding resulting from the enactment of the Inflation Reduction Act will allow the IRS to target many more wealthy individuals and large businesses for audit. These efforts will become more intense over the next several years as the IRS employs artificial intelligence in more of its audits. This program discusses how and when the IRS's energized audit efforts will result in more audits of taxpayers and what attendees need to know to effectively represent clients that the IRS audits.

Objective

Understand and advise clients on the current state of IRS audits
Present an effective defense against an IRS audit

Highlights

Why the IRS selects a tax return for audit
What happens when the taxpayer disagrees with the results of the audit
IRS employees who interact with taxpayers during an audit
FATCA audits
Types of IRS examinations
Potential IRS audit outcomes
Substitute for returns
Large Partnership Compliance Program
IRS’s shift in audit strategies
Responding to IRS Notices online
Audits of high income and high net-worth individuals
The Bipartisan Budget Act of 2015 (BBA) and its impact on auditing partnerships
IRS Letters of Concern

Designed For

Any tax practitioner advising clients with respect to an IRS audit

Prerequisite

None

Advanced Preparation

None