Responding to an Earned Income Tax Credit Examination

This webinar will discuss who has rights to representation during an EITC audit. It will also review what an audit is, the first steps in an audit, and how to conduct a taxpayer interview. Lastly, it will discuss how to work with the IRS for the EITC audit.

Objectives:
1) Discuss what an EITC audit is all about

2) Discuss how to interview your client and do pre audit work
a) Reviewing the taxpayer’s documentation--do they have a case?
b) Engagement letter and deposit
c) Interviewing the taxpayer
d) Form 2848 & initial IRS contact
e) Pulling transcripts

3) Discuss client records
a )Dependent records
b) Work-arounds for school and medical records
c) Putting together your report for the IRS

4) Discuss how to conclude a case
a) Agreeing with findings
b) Options when you don’t
c)How to end things with client

This webinar qualifies for 2 IRS CE/2 NASBA CPE Credit.