Surgent's How to Effectively Represent Clients Under IRS Audit
2.00 Credits
Member Price $99.00
Non-Member Price $134.00
Overview
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.
Objectives
- 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
Prerequisites
None
Preparation
None
Notice
You will receive an email from Surgent CPE with instructions to access this webinar.
Leader(s):
Leader Bios
Michael Tucker, Surgent McCoy CPE, LLC
MICHAEL J. TUCKER, CPA, MBA, J.D., LL.M., Ph.D. Mike is an employee of Surgent McCoy CPE, LLC. He authors materials and scripts for the monthly Edward Jones sponsored All Star Tax programs. Mike also writes materials for and conducts almost daily webinars on a variety of tax related topics. Mike works in the offices of T. M. Byxbee Company, CPAs, Mike’s duties at T.M. Byxbee Co. involve advising individual and business clients on a wide variety of transactional matters. Mike was formerly a professor of accounting at Quinnipiac University, in Hamden, CT, where he taught graduate and undergraduate law and tax programs. Mike received his J.D. from New York University and his LL.M. from Georgetown University Law Center. He is a CPA and received his Ph.D. from the University of Houston.
Non-Member Price $134.00
Member Price $99.00