Audits A-Z Practices and Procedures for Audit Representation

Author: Jane Ryder

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 card

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.

Publication 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