Home > Term: revenue agent
revenue agent
A professional who conducts independent field audits and investigations of federal income tax returns to verify or amend tax liabilities. Responsibilities include:
- Examines selected tax returns to determine nature and extent of audits to be performed.
- Analyzes accounting books and records to determine appropriateness of accounting methods employed and compliance with statutory provisions.
- Investigates documents, financial transactions, operation methods, industry practices and such legal instruments as vouchers, leases, contracts, and wills, to develop information regarding inclusiveness of accounting records and tax returns.
- Confers with taxpayer or representative to explain issues involved and applicability of pertinent tax laws and regulations.
- Investigates and collects federal tax delinquencies (revenue officer ).
- Secures taxpayer's agreement to discharge tax assessment or submits contested determination to other administrative or judicial conferees for appeals hearings.
- May participate in informal appeals hearings on contested cases from other agents.
- May serve as member of regional appeals board to reexamine unresolved issues in terms of relevant laws and regulations and be designated Appellate Conferee.
- Sõnaliik: noun
- Valdkond/domeen: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
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- Jason F
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(United States of America)