What does a Revenue Agent do?
Published 2 min read
A Revenue Agent is responsible for auditing individual and business tax returns to ensure accuracy and compliance with tax laws. They may also conduct investigations into suspected cases of tax fraud.
Revenue Agent job duties include:
- Examine tax returns and related documents to determine if they are complete and accurate
- Contact taxpayers and their representatives to resolve discrepancies
- Calculate taxes owed or refunds due, using computers
- Recommend changes in tax laws to senior management
- Prepare reports on examination findings
- Represent the agency at conferences, workshops, and meetings
- Testify in court on behalf of the government
- Train new revenue agents
- Conduct special studies of tax issues
Revenue Agent Job Requirements
A Revenue Agent is a tax specialist for the IRS. They are responsible for audits, collections, and investigations. Most Revenue Agents have a bachelor's degree in accounting or a related field. Some jobs may require certification, such as a Certified Public Accountant (CPA). Revenue Agents typically have several years of experience working in accounting or tax before becoming an agent.
Revenue Agent Skills
- Analytical skills
- Profit and loss analysis
- Auditing
- Income tax
- Financial analysis
- Budgeting
- Finance
- Accounting
- Cost accounting
- Tax law
- Investigative skills
- Problem solving
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How to become a Revenue Agent
The role of a Revenue Agent is to ensure that businesses and individuals comply with tax laws. They conduct audits, investigations, and verifications to ensure that taxes are paid correctly.
To become a Revenue Agent, you must have a bachelor’s degree in accounting or a related field. You must also have at least one year of experience in public accounting or auditing. Revenue Agents must pass an examination administered by the IRS.
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