This webinar will provide guidance and best practices for responding to IRS audits of medium-sized business taxpayers, including detailing IRS examination techniques, how to respond to Information Document Requests, and navigating IRS interviews.

Receiving an Information Document Request (IDR) from the Internal Revenue Service is stress-inducing, time-consuming and potentially costly. These requests generally signal the beginning of an audit or examination of a tax return. In cases where the IRS proceeds beyond a simple IDR to a full audit, the process becomes more complex. This can result in not only added expense in responding to the requests, but also significant legal and business implications that can produce unwanted future results if the taxpayer does not effectively respond.

The IRS has broad authority to carry out information requests and interviews, but there are also significant limits on those powers that protect taxpayers undergoing an audit of a tax filing. Gaining a detailed understanding of the examination process, from the inception of an IDR through the more exhaustive audit and summons stages, will significantly benefit tax advisors to midsize businesses in responding to IRS information requests.

By knowing the audit process and the taxpayer protections built into the IRS’s procedures for conducting audits, tax counsel and advisors can avoid mistakes that result in additional tax and sanctions.

Listen to a thorough review of the IRS audit process, and discusses best practices for advisors to midsize businesses for handling IRS information requests by outlining the taxpayer’s responsibilities and rights in an examination.

Learning Objectives:

• Identify the IRS's powers and taxpayer protections in the audit process


• Determine how to advise midsize businesses who are undergoing IRS review or audit

• Pre-Audit Best Practices


• Issue and Return Selection


• Overview of Audit Process


• Information Document Requests and Summonses


• Strategic Implications of 2014-2016 Developments


• Privileges


• IRS Interviews and Meetings


• Period of Limitations on Assessment


• Pre 30-Day Letter Resolution Tools

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222