Representing Clients Under Audit by the IRS (ERCA)

Following the COVID-19 pandemic, tax practitioners should be aware of IRS initiatives that could result in more of their clients undergoing audits. This program features experienced tax practitioners explaining the current status of IRS audits, which entities and transactions are specifically targeted for audit and how tax practitioners should manage an audit when a client receives a notice.

• Overview of IRS audits
• Common issues in IRS audits
• How the IRS conducts and concludes an audit 
• Which taxpayers have a greater chance of audit
• Potential IRS audit outcomes and penalties
• Taxpayer rights during an audit
• Information document requests
• What happens when a client agrees or disagrees with the IRS’s audit findings?
• Audit reconsideration and appeal
• IRS audit targets

• Understand the current state of IRS audits
• Present an effective defense against an IRS audit