Call-in to our "Conference Room" days, evenings, weekends from the convenience of your Blackberry®, home or office. All conferences convene for approximately 60-to-90 minutes.
Forensic attorneys, CPAs, and U.S. Tax Court Practitioners working in the private sector can learn much from their public sector counterparts in the IRS. So too, can the Enrolled Agent. Understanding the IRS practices helps a forensic tax attorney and USTC Practitioner gain an understanding of the special tools and concepts involved in the indirect methods.
Although private sector forensic tax attorneys and USTC Practitioners lack access to some of the tax return information and the authority to summons third-party records available to IRS agents, many of the techniques used by the IRS may be used by forensic tax attorneys and USTC Practitioners to indirectly calculate net income, expenditures, and net worth.
Indirect Methods of Reconstructing Income explores the major indirect methods of proof used by the IRS, discusses the significance and application of these methods from the viewpoint of an IRS agent, and describes which method is appropriate for each type of business. Specifically, it covers the following topics:
Direct versus Indirect Reconstruction Methods
Forensic Audit Approaches Used by the IRS
Indirect Reconstruction Methods
These sessions are led by a forensic tax accountant, and an Emeritus Professor of Law and Taxation and former member of NYPD Bureau of Special Services, assisted by an IRS Special Enrolled Agent.