How to Effectively Manage IRS Audit and Appeals

This webinar will provide an update of current IRS exam and settlement initiatives and procedures. Taxpayers have increasingly needed to seek the assistance of the IRS Appeals Division due to their inability to obtain a satisfactory result at the examination stage. Taxpayers who are audited usually have a right to appeal any determination by an examination agent. Taxpayers also enjoy the right to appeal certain IRS collection enforcement actions, including seizures and liens

Webinar Objectives

This webinar will provide insight and tools to assist your client to navigate audits that are both routine and may have a criminal or fraud element.  You will learn how to respond to Information Document Requests, how to engage the auditor, how to navigate the delicate balance was fraud is involved, and how to exercise your rights to appeal an unsatisfactory audit determination to the IRS Office of Appeals or the US Tax Court.

Webinar Highlights

• How to prepare for an audit and respond to Information Document Requests.
• How to navigate an audit when fraud is involved.
• How to respond to a Summons request.
• Available options when you disagree with an audit determination – Appeals, Tax Court, and District Court
• Settlement initiatives of the IRS
   

Who Should Attend

• Accountants
• Tax preparers
• CFOs
• Financial compliance professionals
• Lawyers

Client Testimonial (MarcT)

This was my second tax law related seminar (one on civil tax fraud and the other on penalty abatement requests) presented by attorney Adam Fayne. He explains the complex clearly (e.g., the elements of civil tax fraud, defenses, and the IRS’s burden of proof), he understands what he is talking about (e.g., frequently providing numerous real-world examples from his own tax law practice), and he has depth of knowledge of tax law (which is rare for such a vast topic). He does the little things that a seminar attendee would appreciate. His slides seen throughout the seminar are a helpful and concise resource for later reference. Also, Mr. Fayne  took the time at the beginning to let us know about a recent US Tax Court decision decided days before the seminar that provides potential refund opportunities to taxpayers inappropriately assessed “Form 5471 penalties.” Similarly, he mentioned and cited on slides, when relevant, citations to the tax code, the  Internal Revenue Manual, and case law. I’d give both seminars I have attended my highest recommendation to experienced tax practitioners, as well as those new to that practice.