Estate and Gift Tax Audits

• Overview
• OnDemand Credit

Overview
The first question the executor asks when the estate tax return is selected for audit is “why this return?”. What was it about the return that caused it to be selected for IRS examination?

This OnDemand webinar answers that question and many more related to the subject of estate and gift tax return audits. Learn about the characteristics that trigger audits and why some estate and gift tax returns are more likely to be the focus of an internal revenue service examination. There will also be a discussion of how you can expect the IRS to approach and conduct the audit. The final section of this OnDemand webinar is devoted to how you should handle the defense of the return that is selected for audit. This will include some examples of actual audit case results and a discussion of the appropriate actions to be taken by the one responsible for the defense. This webinar should be a top priority for those professionals who prepare estate and gift tax returns or advise clients in these matters.

Authors
Marla M. Castner, CPA, Moss Adams LLP

Self Study Credit - OnDemand Webinar

Agenda

1. Reasons Estate and Gift Tax Returns Are Selected for Audit
1. What Are the Chances of an IRS Audit?
2. Prime Candidates for Audit
3. Other Characteristics That May Result in an Audit
2. The Internal Revenue Service Approach to Examination of Estate and Gift Tax Returns
1. Who Are the Examiners?
2. The Internal Revenue Manual on Estate and Gift Tax Examinations
3. General Procedures Followed by Examiners
3. Audit Defense for Estate and Gift Tax Returns
1. Plan to Avoid an Audit
2. Handling the Estate and Gift Tax Return Audit
3. Discussion of Actual Audit Case Results
4. Questions and Answers