Navigating an IRS Examination

The former IRS engineering territory manager, Michael Gregory, presents information for anyone navigating an IRS research credit audit.   Three primary areas are covered.  These are: know your rights when being audited by the IRS; know who the players are at the IRS and make sure you are working with the right players; and avoid common errors and stay focused on the research credit issue and not the people.   Four research credit example cases are summarized with key lessons learned, and two other cases are presented  to demonstrate how you can work creatively with the IRS based on actual examples since Mike opened his firm two years ago.