This comprehensive audit CPE course covers advanced strategies for managing IRS audits and appeals. Participants of this auditing CPE will explore the intricacies of the audit process, from initial receipt of an audit letter to the completion of appeals. The audit CPE course will delve into the rights of taxpayers, the different types of audits, common issues that trigger audits, and effective pre-audit preparation. Additionally, it will cover audit reconsideration, mediation, and the use of tax court as a last resort. Practical examples, including day care business audits, will be provided to illustrate key concepts.
Learning Objectives
Upon completion of this course, participants will be able to:
Identify key steps in the IRS audit process and taxpayer rights.
Explain the different types of IRS audits and the criteria for audit selection.
Analyze common issues that arise during audits and effective pre-audit strategies.
Evaluate the process and requirements for audit reconsideration and mediation.
Apply knowledge of appeals and tax procedures to real-world scenarios.
