This course will look at the top 10 issues small businesses face when undergoing an IRS audit. It will examine the audit from three perspectives:

1) the client,

2) the practitioner, and

3) the IRS auditor.

We will look at these common issues along with ways to maneuver around the issues when the IRS brings them up. After this webinar, you should have a better grasp on helping your clients through the most common types of IRS audit problems that they will face.

This course provides an in-depth look at handling IRS audits specifically for small businesses. It covers the entire audit process, from selection to resolution, and offers practical strategies for addressing common issues. You'll learn how to maintain accurate records, prepare for an audit, and respond effectively to IRS inquiries. By understanding the diff score system, the role of revenue agents, and key audit triggers, you'll be better equipped to defend your clients and ensure compliance. Ideal for tax professionals and small business owners, this course combines expert insights with actionable advice to help you manage audits with confidence.

Topics List:

• Overview of IRS Audit Process
• Types of Audits: Diff and NRP
• Common Audit Triggers
• Role of Revenue Agents
• Importance of Accurate Record-Keeping
• Strategies for Preparing for an Audit
• Responding to IRS Notices
• Addressing Common Audit Issues
• Using Form 3115 for Missed Depreciation
• Penalty Relief Methods
• Proactive Measures for Audit Defense
• Case Studies and Real-World Examples