IRS Audit Technique Guide - Exploring the Construction Industry
Author: Susan Harper
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Audit Technique Guides (ATGs) help IRS examiners during audits by providing insight into issues and accounting methods unique to specific industries. While ATGs are designed to provide guidance to IRS employees, they're also useful to small business owners and tax professionals who prepare returns.
ATGs explain industry-specific examination techniques and include common, as well as unique industry issues, business practices and terminology. Guidance is also provided on the examination of income, interview techniques and evaluation of evidence.
Explore the ATG for the Construction Industry with Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 34 years. With 20 years instructing CPE courses, Susan will deliver an entertaining and informative discussion sharing case stories involving construction industry issues.
Publication Date: May 2023
Topics Covered
- Participants in the Construction Industry
- Contracting Process
- Types of Contracts
- Homebuilders & Land Developers
- Income, Expense & Other Tax Issues
- Indirect Methods
- Case Studies
Learning Objectives
- Identify Issues & Accounting Methods Unique to Construction Industry
- Explain Industry-Specific Examination Techniques (Common & Unique Issues)
- Recognize how to Provide Guidance on Examination of Income, Interview Techniques and Terminology
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
