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IRS Examination Selection Process - What Happens to Tax Returns After They Are Filed?

Instructor: Stuart Sobel
Product ID: 704061
  • Duration: 125 Min
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This training program will discuss IRS statistics relating to return selection and IRS policy statements. It will also detail the IRS classification process – what happens after the computer selects a return and what the classifier looks for when determining which returns are selected for audit.

"IRS Examination Selection Process - What Happens to Tax Returns After They Are Filed?" - This course is approved by NASBA (National Association of State Boards of Accountancy). Attendees of Live Webinar are eligible for 2.5 CPE credit up on full completion of the course.

Why Should You Attend:

There are some lotteries you want to win, but the IRS audit lottery is not one of them. Although to many tax practitioners the IRS seems to be a clandestine organization, the vast majority of its practices and procedures are public information. The IRS could do a much better job of educating its customers (tax practitioners) about the intricacies of the tax system.

Once Internal Revenue receives a filed tax return for processing, many actions occur. First refunds are generated and balances due are processed. This course will unravel and demystify what happens next.

Your educator and guide through the Internal Revenue Service is an expert with 45 years of experience in IRS policies and practices. With 30 years of experience working for the IRS in examination and high-level management and 15 years in private tax practice, he has mastered the intricacies of the Internal Revenue Service.

Computers, classifiers, referrals, informants, and many other sources generate IRS examinations. The IRS is selective in determining which tax returns it will examine, but many examinations could have been avoided if the tax returns themselves had provided a bit more information and clarification. This course is a must for practitioners who need more knowledge about the IRS’s ever-changing methods of audit selection.

Learning Objectives:

  • Understand the audit selection process
  • Learn how to reduce the chances of the IRS selecting returns for examination
  • Have improved comprehension of IRS terminology

Areas Covered in the Webinar:

  • IRS initial processing of a tax return
  • How to research in the Internal Revenue Manual
  • DIF – Discriminate Information Function – overview of the IRS computer selection process
  • IRS planning process – formation of the IRS examination plan and its impact on determining which returns are selected for examination
  • IRS statistics relating to return selection
  • IRS policy statements – determining the substantially correct amount of tax
  • IRS classification process – what happens after the computer selects a return and what the (human being) classifier looks for when determining which returns are selected for audit
  • Overview of IRS special programs – tax shelters, tax protesters, S corporation compensation issues, EITC, itemized deductions, exemptions, T and E, unreported income, and many others
  • IRS confidential informant program and rewards
  • Correspondence, office, or field audit – criteria for selection
  • Examination manager and revenue agent/tax auditor/estate tax attorney authority to terminate an examination

Who Will Benefit:

  • Accountants, CPA, CFE
  • Internal and External Auditors
  • Finance
  • Banking
  • Credit Union
  • Corporate Tax Directors
  • Controllers
  • Tax Attorneys
  • Managers and Staff Responsible for Tax Planning
  • Staff Responsible for Tax Compliance
  • Tax Managers
  • Compliance Managers
  • Risk Managers
  • Accounting Managers
  • Information Reporting Officers
  • Business Owners
  • Public Corporation Accounting Personnel
  • Financial Advisors and Attorneys
  • Other Business and Financial Professionals Advising Clients on Tax Compliance

Instructor Profile:

Stuart Sobel has been a renowned expert on tax planning, business creation, tax-exempt filing, strategic planning, charitable giving, employee benefits, and tax controversy for more than 48 years. He has worked with thousands of diverse businesses and nonprofit organizations including public charities and trade associations worldwide.

During his 30 years working for the Internal Revenue Service, Mr. Sobel held a number of positions including that of the internal revenue agent, chief review staff, and group manager. He taught business startup, nonprofit management, accounting and several tax courses as a member of the adjunct faculty of Indiana University. He has been active in community affairs serving on many boards of directors including the Better Business Bureau, Ohio University, Family Development Services, Crossroads Rehabilitation, Indiana Writers Center, and others. He served for many years as a Score mentor and received the Emeritus status.

He received numerous performance awards for his performance as an IRS agent and manager. He was honored by then Vice President Gore in 1998 for his efforts to improve the quality of the Internal Revenue Service through public/private partnership. He is the recipient of the Albert Gallatin Award issued by the Secretary of the Treasury Robert Rubin for meritorious service upon his retirement from the Internal Revenue Service. He has received awards and commendations from the States of Indiana, Arizona and Montana for efforts to improve tax administration through public/ private partnership. In 2006, Mr. Sobel was honored by the City County Council of Indianapolis by resolution for strong leadership, community service, and unselfish devotion to the betterment of the city.

For nine years, Mr. Sobel was the producer and host of his own radio program called Wise Choices: Taxes and Charity Today, which aired weekly on 26 radio stations throughout the United States. He is the author of four books dealing with taxation and nonprofit issues which have been licensed to numerous CPE and CLE providers and utilized to train more than 35,000 CPAs and tax professionals. His extensive library of webcasts is broadcast worldwide in conjunction with numerous CPE providers. His company, Tax Media Network, Inc. is the largest independent producer of web based video and audio education for tax professionals in the world.

We are registered with and adhere to the Statement on Standards for Continuing Professional Education programs of the National Registry of CPE Sponsors. Our registration number is 109066. Please check with the governing body of your license and state for specific CPE requirements. Grievances may be forwarded to the company at 650 620 3961. Grievances may also be forwarded to the National Registry of CPE Sponsors-NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, 615-880-4200, www.learningmarket.org, e-mail cpe@nasba.org.


Field of Study Minutes CPE
Taxes 125 2.5
Total Duration - 125 Min Total Credits - 2.5

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