IRS Representation Series - Steps to Take After SUCCESSFUL Collections or Audits
SKU: CPE-06-215
Credit Hours: 2
Level: Intermediate
Category: Taxes
Program Prerequisites: Lecture 5 - Winning the 1040 Audit
Delivery Method: Video
Instructor: Eva Rosenberg, EA, CTC, CTRS
Course Description:
The audit process doesn't end with successful collections or OIC. During this course, you'll learn more about the complexities of closing letters, lien release, adjustment of tax attributes, and amending prior federal and state returns.
This course will cover the following topics:
- The end of the audit
- Closing letters - how to read them, and ensuring you get them, and the importance of ensuring you get them
- Adjustment of tax attributes
- Amending prior IRS and State returns affected by the settlement
- Preparing current year returns based on audit results
- Successful Collections - OIC or IA
- Getting liens released