IRS Tax Audit Red Flags: Understand How To Survive an IRS Audit [Checklist]

EVENT DATE:

Aug 10,2023

PRESENTER(s): Daniel J. Pilla

1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 120 Minutes
  • Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
  •  | 
  • Web Download / e-Transcript will be shared in 7 working days from the date of webinar

Being audited by the Internal Revenue Service is something every individual and business would like to avoid. While there’s no way to eliminate the risk, there are things you can do to minimize the chances of being audited. One of the most important is knowing what acts as audit red flags and may make the IRS want to take a closer look at your taxes.

During an audit, the IRS will ask you for information and documents that explain your position on your tax return. It’s important to provide the information just as the IRS requests it. If you have a licensed practitioner handling the audit, help your tax pro with the facts, and your tax pro will work with the IRS.

The IRS audits taxpayers to determine the accuracy of tax-related financial records, If you are being audited, the IRS will contact you by mail or telephone. Included in the notice will be the specific information that is to be examined and what supplementary documents you may need to present.

Participants will understand:

  • Abatement of interest
  • How Does an IRS Audit Work? 
  • The 3 key steps to controlling a face-to-face audit
  • 4 Grounds rules to set with an auditor
  • What constitutes adequate proof of a deduction
  • Dealing with the 4 most common unreasonable IRS demands 
  • 5 Key negotiate strategies
  • How to calculated the Assessment Statute Expiration date
  • How to evaluate whether to sign a collection statute waiver
  • How to reconstruct lost records
  • Using affidavits to prove deductions
  • The Cohan rule and how to use it
  • Using your client’s own testimony to prove deductions
  • When the IRS uses its summons power and how to avoid it 
  • How to read an examination report
  • How to write a Protest Letter to appeal an audit decision
  • What every tax pro needs to know about a Notice of Deficiency

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • IRS Course ID: PJGWS-T-00073-23-O
  • Attendance Requirement:  Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Who Will Benefit:

  • CPA
  • Enrolled Agents (EAs)
  • Tax Professionals
  • Attorneys
  • Other Tax Preparers
  • Finance professionals
  • Financial planners
Coder Archives 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.

Speaker Profile:
Daniel J. Pilla is a tax litigation consultant, premier proponent and advocate of taxpayer rights. For over three decades, Dan has been tremendously successful in his negotiations with the IRS. Regarded as one of the country’s premiere experts in IRS procedures, Dan provides people across the country with sound solutions to their tax-related problems. He has helped countless thousands of citizens solve personal and business tax problems they thought might never be solved. Furthermore, Dan’s proven techniques can effectively prevent IRS problems before they begin.

Dan is the author of over fourteen books, dozens of research reports and hundreds of articles. Dan’s work is regularly featured on radio and television as well as in major newspapers, leading magazines and trade publications nation-wide. His books have been recommended by prominent magazines and financial publications such as the Wall Street Journal, Money, Family Circle, Investor’s Business Daily. The Wall Street Journal ranked Dan's book, “The IRS Problem Solver”, as the number one tax book in America. Dan has written or contributed to major articles for Reader’s Digest, National Review, Reason, USA Today Magazine and others.

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