The IRS is a giant bureaucracy with massively complicated computer systems. An outsider might assume that the IRS would not want taxpayers to know they were under an impending exam and would keep it hidden. Fortunately for tax practitioners, IRS transcripts can frequently provide clues to identify individual examinations before the IRS takes action. This window offers an opportunity for tax practitioners to be proactive in dealing with impending client issues saving their clients’ money while allowing practitioners to generate additional revenue & retaining existing clients at a higher rate. 

Learning Objectives:

• Describe how to use transcript monitoring to identify specific examinations of individual taxpayers before the IRS takes action


• Summarize the process behind IRS examination selection and where early detection can be implemented


• Recognize how to mitigate the audit outcome through early detection