The IRS has begun a number of campus examinations focusing on compensation and unrelated business income, as it follows up on the Colleges and Universities Compliance Project. Your institution’s risk of examination—particularly in these areas—is increasing.
Join higher education tax experts Marcus S. Owens and Diara M. Holmes for a discussion that provide you with steps for effectively preparing for, managing, and resolving a IRS audit. The presenters will explain key substantive issues that arise in these examinations, and offer strategies for effectively managing IRS examinations generally.
Topics will include:
- an overview of the rules and related issues that arise in compensation audits;
- the organization’s rights and the IRS’s responsibilities throughout the audit, from pre-examination to closing;
- techniques for responding effectively to requests for information; and
- issues to consider when the IRS simultaneously audits the university and one of its executives.