Forensic tax attorneys and U.S. Tax Court Practitioners working in the private sector can learn much from their
public sector counterparts in the IRS. 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
Fee: $250 - includes 60-minute digital and telephonic tutorial
