Due Diligence Examinations
What You Can Expect From Due Diligence Audit - Recorded 1/9/25
The IRS encourages compliance among tax return preparers through various penalties for failing to exercise due diligence during the preparation process. This course will describe the potential penalties and the IRS due diligence examination process conducted to identify and address the most egregious preparers.
Learning Objectives
- List the relevant preparer penalties that may be subject to a due diligence examination
- Describe how preparers are selected for due diligence examinations
- List the steps taken by the IRS for an in-person due diligence examination
- Explain the IRS Appeals response for an in-person due diligence examination
Education Information
IRS Program Number: NMVBP-T-00295-25-S
Credit Hours: 2 CPE (NASBA); 2 CE (IRS)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: QAS Self-Study (NASBA); On-Demand (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Instructor: Jason Daughtry, EA Learn more about our instructors here.
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Course expires one year after purchase.
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our refund, education and complaint policies.
