How to Effectively Represent Clients Under IRS Audit
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Virtual
2.00 Credits
Member Price $109.00
Non-Member Price $189.00
Overview
You could pay $0 for this course!
This course qualifies for EA/IRS and CFP credit. If you need EA/IRS credit, please contact Tyler Dion (tdion@masscpas.org) after you have registered and provide him your PTIN number.
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.
This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course. The course code for this program is C-13017. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.
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
Prerequisites
None
Designed For
Any tax practitioner advising clients with respect to an IRS audit
Objectives
Understand and advise clients on the current state of IRS audits Present an effective defense against an IRS audit
Preparation
None
Leader(s):
Leader Bios
Jeffrey Snyder, Surgent McCoy CPE LLC
Jeff Snyder, CPA is president of the J.C. Snyder Co., Inc., a professional accounting firm and Jeff Snyder, CPA LLC, a tax compliance and planning firm. He has been in the accounting profession for over 40 years. For over 26 years, he has been a presenter of continuing professional education for CPAs and other professionals. He combines his broad knowledge of accounting and tax concepts along with his real-life experiences into an energized teaching atmosphere that motivates his students to excel in learning and understanding complex issues. He consistently receives high evaluations from course participants and has great enthusiasm for teaching and training. He has annually received the Surgent Outstanding Discussion Leader Award due to his consistently high evaluations for knowledge and presentation skills. In 2016, he received the James L. McCoy Discussion Leader of the Year Award from Surgent. Snyder is an alumnus of Ohio State University, where he received his undergraduate training in accounting.
Non-Member Price $189.00
Member Price $109.00