You are likely familiar with the Trust Fund Recovery Penalty or TFRP, BUT - aside from appealing the proposed assessment, did you know that you can make a request to remove the TFRP by making an administrative request on Form 843 (Claim for Refund and Request for Abatement)? This program will provide an overview of the Trust Fund Recovery Penalty with an emphasis on evidence gathering and using Form 843 to prevail on the IRS as to why they should accept your request for refund, effectively undoing the TFRP. This will include what to request in a FOIA, what criteria need to be met for refund, analyzing the IRS' TFRP file, and reconciling requirements in the IRM.
DESIGNED FOR
EA's, CPA's, attorneys, and anyone Interested in learning more about IRS representation and tax problem solving.
BENEFITS
After attending this presentation, you will be able to...
- Request and review IRS records through FOIA.
- Gather evidence to rebut the Trust Fund Recovery Penalty (TFRP).
- Determine the applicable criteria when using Form 843 (Request for Refund) for removing the Trust Fund Recovery Penalty (TFRP).
- Assemble Form 843 (Request for Refund).
- Identify what to expect from the IRS as they respond to a Request for Refund.
HIGHLIGHTS
The major topics covered in this course include:
- Learning about the Trust Fund Recovery Penalty (TFRP).
- Understanding pre-843 requirements when making a request for refund.
- Employing an effective strategy for removing the Tru
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None