Please join BDO USA, LLP for the next session in the 2016 BDO KNOWLEDGE Nonprofit and Education Webinar Series, "How to Prepare for an IRS Audit."
  • Webinars

    BDO webinars bring our community together in an online setting
    to connect with each other and share insights into the topics and trends.

How to Prepare for an IRS Audit

October 10, 2016
1:00 PM to 2:00 PM EST

Gabe Foster
(704) 887-4142
Email
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  • Summary
The Internal Revenue Service (IRS) has five areas of focus for exempt organization audits. A main point of emphasis is the tax gap, which refers to the gap between the amount of tax being reported and paid, and the amount the IRS asserts is properly owed. When it comes to the tax gap, the IRS has found that Unrelated Business Income Tax (UBIT) and employment taxes are fertile ground for collecting additional tax revenue.
 
Join us for this webinar where we will discuss:
 
  • The areas of focus and types of audits you should prepare for from the IRS
  • How to prepare if you are notified of an IRS audit
  • What to give and what not to give the IRS
  • How to minimize the amount of time it takes for the audit