Audit Horror Stories: What to Do When the IRS Audit Goes off the Rails
Author: Eric L Green
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Join Attorney Eric Green for this fun and informative look at past audit horror stories and the lessons to take away from them; including record storage issues, audit technique goofs and what to do about them. During the course Eric will discuss how to handle difficult auditors, the client whose dog ate their records, and what can and cannot be done when the auditor does not know how to do their job.
Publication Date: March 2022
Topics Covered
- Preparer Considerations
- Hot Button Issues
- Client Cases That Went Sideways
Learning Objectives
- Recognize how to handle a difficult auditor
- Recognize how to start reconstructing a client's records
- Identify issues with audit techniques when they are not applied properly and what to do about it
- Identify the revenue procedure that requires preparers to disclose questionable positions taken on the return
- Identify what is not referenced as a hot button issue with respect to gross receipts
- Identify the maximum square feet allowed when using the home office safe harbor deduction
- Identify the IRC section that allows the IRS to create a substitute for a return
- Identify the section that prohibits claiming meals and entertainment unless substantiation requirements are maintained
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
