Workpapers support the creation of a tax return. Firms must provide proper data for their work, through accurate documentation of the position taken on a return and by providing authoritative support for it. This documentation not only impacts the preparer, but is required by the IRS to complete a proper audit of the return.
Learn to interpret document tax return information and correctly organize workpapers~Know which workpapers are appropriate for specific tax situations~Understand how to prepare an Accrual to Cash Conversion Workpaper~Execute efficient and meaningful research within tax online services
Source of data for tax adjustments from books
Authority documentation
Case studies – good and bad workpapers
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