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CPE & Events Catalog

 Events

Surgent's Representing a Client in an IRS Audit

The Inflation Reduction Act of 2022 called for delivering nearly $80 billion to the IRS over 10 years to allow the IRS to purchase new technology and hire employees. This funding would have provided the IRS with new equipment and new employees, possibly to handle more audits, many of them involving very complex tax issues. The Trump Administration has reversed this with prospects for a reduction in IRS employees and less money to fund the purchase and development of new software. This program discusses the current state of IRS audits. Trump administration changes will of course have enormous impacts on these audits going forward.

Learning Objectives

  • Thoroughly understand the current state of IRS audits
  • Advise clients regarding anticipated changes in upcoming IRS audits

Highlights

  • Impact of the Trump Administration on IRS funding
  • Reduction in IRS staffing
  • Potential reduction in IRS’s ability to process and audit tax returns
  • Status of IRS Direct File program
  • Auditing large corporations and partnerships
  • Audits of high income and high net worth individuals
  • Information document requests
  • What happens when a client agrees or disagrees with the IRS’s audit findings
  • The Dirty Dozen for 2025: roadmap to IRS audit issues

Event Level: Basic

Field of Study: Taxation

Advanced Prep

None

Who Should Attend

Accounting and finance professionals advising clients with respect to an IRS audit

Required Knowledge

None

Register

Details

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