If there is a potential error, the IRS will assess a tax and add a hefty penalty, without even knowing the facts. As a tax professional, you will be exposed to the IRS and their methods of penalizing taxpayers for the smallest of violations.
DESIGNED FOR
Tax professionals, including CPAs, EAs, and tax attorneys.
BENEFITS
After attending this presentation, you will be able to...
- Identify the authority of the IRS to assess penalties.
- Recognize the common types of penalties that can be abated.
- Develop a plan to request penalty abatement.
HIGHLIGHTS
The major topics covered in this course include:
- The authority of the IRS in assessing tax penalties.
- The types of penalties that can be removed.
- The process the IRS uses to evaluate penalty abatements.
- How to request penalty abatements.
- Best practices in asking for penalty abatement, including using appeals.
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None
 | Robert Nordlander, CPA, CFE Nordlander CPA, PLLC |
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