IRS Audits

Description

Want to help your client save money and avoid potential trouble with the IRS? This webcast has been updated for the Tax Cuts and Jobs Act (TCJA) and explains what may trigger an IRS audit, how to negotiate, settle on appeal, qualify for an IRS collection program and evaluate your client's best options for dealing with the IRS. You'll also learn about: IRS audit techniques How to handle requests Appeal rights so you can represent your clients with confidence.

Highlights

Topics Discussed

The assessment process

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

Fund recovery penalty

Objectives

Evaluate IRS audit trends and the audit selection process.

Determine when IRS requests could be challenged.

Identify the timing, scope and location of various IRS audits.

Apply IRS audit techniques and inquiries and appeal rights.

Use the information document request process and evaluate the contents of a revenue agent report.

Designed For

Tax Professionals