Whether you're trying to help a few clients with some simple audits or expanding to provide audit services to tax colleagues and their clients this course will be a valuable resource to improve your audit skills. We'll review and detail helpful processes for corresponding with auditors, timing of the audit, limiting your clients audit exposure and more. Learn tips for advocating for your client in an audit and defending the issues they've been challenged on. We'll also cover follow up options such as audit appeal and audit reconsideration.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN cardPublication Date: September 2024
Designed For
Tax practitioners offering audit services.
Topics Covered
- General Timeline of an Audit
- Types of IRS Audits
- Preparing for the Audit
- Dependents, EITC & Tuition Credits
- Taxpayer/Cient's Meeting with the Auditor
- Beginning Process of Reconstructing Income Expenses if Needed
- A Lifestyle Cost Analysis
- Helping Taxpayer Reduce Tax Liability
- Negotiating with the Auditor
- IRS Audit Procedures
- Audit Finesse
Learning Objectives
- Explain how to develop strong procedures for beginning an audit representation
- Explain how to correspond with the auditor and establish favorable contact on friendly terms
- Explain how to advocate for your client's position in an audit and defend their less than perfect records
- Determine the audit areas for concern before you meet with the auditor
- Explain the taxpayer's options for audit appeal and audit reconsideration
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Jane Ryder
Jane Ryder, EA, CPA, is a nationwide professional educator.Jane Ryder, EA, CPA writes and speaks nationwide on many tax, compliance, representation and accounting topics. She runs her full-service CPA firm in San Diego, California and has been providing tax, accounting, representation and tax collection services since 1980.