Preparing for a Client Audit (Currently Unavailable)

Give my Regards to Broadway! Can’t you just hear George M. Cohan belting that out on Vaudeville stages and old records? Cohan wasn’t just famous as a performer, but also for a landmark case about keeping records for tax purposes. This course is designed to teach you how to use Cohan vs. Commissioner to your client’s advantage and when it just won’t work. In those instances where Cohan won’t protect your client, we’ll show you what can.

Handle Complex IRS Audits and Aggressive Auditors With less staff and more priorities than ever before, the IRS is pressed to do exams that show the potential to have significant results. This two-hour on-demand course with Attorney Eric Green will bring you up to speed on the latest statistics, and what the IRS looks at when it focuses on certain businesses, including cash-based businesses and Schedule C exams. IRS exams are getting more complex and auditors are coming armed with a range of tools to ensure an assessment results. In addition to discussing IRS issues, Mr. Green will discuss what to do when the client’s records may not be as stellar as you would otherwise like, and what you can and cannot do about it. Incomplete records don't mean the case is hopeless but it does mean you'll need to do extra work and have a story that meets IRS standards and precedents from Tax Court and Appeals.

During this course, you'll learn about taking over an audit, constructing records for clients who failed to utilize proper accounting methods, preparing records and power of attorney, as well as communicating with the IRS.