Penalty Games: Reducing IRS Penalties FLEXCAST
Available Until
Your Desk
2.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
Each day, the Internal Revenue Service issues millions of dollars in tax penalties against taxpayers who failed to file or pay correctly. Many of these penalties can be reduced or abated by a knowledgeable, skilled practitioner. In Penalty Games: Reducing IRS Penalties, tax litigation expert Robert E. McKenzie covers the basics of the IRS’s abusive preparer program, preparer penalties, and due diligence. You’ll learn details about the IRS tax code that can substantially reduce many tax penalties asserted by the IRS against your clients.
Highlights
Failure to File Tax Return or Pay Tax. Fraudulent Failure to File. Failure to Deposit. Reasonable Cause. Accuracy Penalties.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents and attorneys.
Objectives
Identify the specific components of the failure to pay (FTP) failure to file (FTF) penalties. Identify the specific components of the fraudulent failure to file (FTF) penalty. Identify the specific components of the failure to deposit (FTD) penalty. Identify the specific requirements of the various reasonable cause assertions. Identify the specific components of the accuracy penalty.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Robert McKenzie Esq., Western CPE
Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media appearances, including on Dateline NBC and ABC World News Tonight.
Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of the IRS Advisory Council (IRSAC), a group appointed by the IRS Commissioner.
Bob is the author of Representation Before the Collection Division of the IRS as well as the coauthor of Representing the Audited Taxpayer Before the IRS and Representation Before the United States Tax Court.
Non-Member Price $113.00
Member Price $98.00