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Be An IRS Insider – Watch Tax Wise TV For An Inside Look At IRS Audit Techniques

[Stacie says: Knowing what to expect from your IRS audit can help to relieve anxiety. Learn more about how audits are conducted by watching this Tax Wise presentation.]

To help IRS agents conduct examinations of returns more efficiently and require less of the taxpayer’s time, the IRS produces Audit Technique Guides, which focus on developing highly trained examiners for a particular market segment. These publicly available guides contain examination techniques, common and unique industry issues, business practices, industry terminology and other information to assist examiners in performing examinations. Learn about IRS Audit Technique Guides and navigating IRS.gov

These presentations are available on TaxWise TV.

For Cry’in Out Load – Another Tax Blog Throw Down

By Stacie Clifford Kitts, CPA

I have said this before; the life of a tax preparer is not full of exciting workdays. Although I do derive satisfaction from a job well done like when an audit closes in favor of my client or when I complete a well thought out tax plan, the day to day activities of a tax professional which often consists of mulling over financial information or reading lengthy contracts doesn’t really qualify as an extreme sport – does it.

Obviously, if you are a drama junkie looking for an adrenalin rush, you are not going to find it in the tax preparation industry.

That is, unless you are a tax “professional” who has found a way to spice it up by creating a certain amount of drama and drawing attention by writing a blog post like this one, Who is a Professional where the author implies that many hard working people all over the world are not “professionals” and do not belong to a profession because they are not regulated like lawyers or CPAs.

Yeppers – how bored do you suppose this guy was to come up with that? Although his post really seems to be directed at unenrolled tax preparers, the post manages to be insulting to – well – just about anybody who has worked hard to obtain a position but did it without a college degree or a state license.

This blog post certainly succeeded in its attempt to stir up the tax blogosphere though. And I admit I have been slightly entertained watching the volley of posts being tossed around.

My take – as Robert Flach quotes me at his blog “His basic premise that you must be regulated to be a member of a profession is silly.”

If you are interested in catching up on the latest, “Throw Down” be sure to check out these related posts:

I am a Professional! And Who is a professional – The Final Word by Robert Flach

A little Professionalism, if you please by Bruce McFarland

For a complete unabridged account, be sure to read the blog comments at each of these posts.