IRS Audit Technique Guide - Exploring the Construction Industry (Completed)

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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.

Topics Covered

• Participants in Construction Industry -
• Contracting Process
• Types of Contracts
• Homebuilders & Land Developers
• Income, Expense & Other Tax Issues
• Indirect Methods
• Case Studies

Learning Objectives

• Understand Issues & Accounting Methods Unique to Construction Industry
• Explain Industry-Specific Examination Techniques (Common & Unique Issues)
• Provide Guidance on Examination of Income, Interview Techniques and Terminology

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None