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Preparing for a Tax Audit

Provider: Becker Professional Education

Length: 132

Taxes 2.5 CPE Credits Basic QAS self study Financial Planning, IRS EA Federal Taxation
<p>This course will be an overview of:</p> <ul> <li>IRS Audit Overview &ndash; Types of audits (correspondence, office, field), selection criteria, and taxpayer rights</li> <li>Documentation &amp; Records &ndash; Required materials for individuals (W-2s, 1099s, receipts) and businesses (financial statements, contracts, payroll records)</li> <li>Preparation Strategies &ndash; Reconciling books to returns, organizing records, mock audits, and IRS Audit Techniques Guides</li> <li>Outcomes &amp; Next Steps &ndash; Audit results, appeals (IRS Appeals Office, Tax Court, mediation), payment arrangements, and preventive measures to reduce audit risk</li> </ul>

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