Tax Penalties and Penalty Abatement WEBINAR

Overview

Those late-night commercials make it sound just so easy, but how do you get rid of tax penalties? This course covers the various penalties applied by the IRS, and the various ways practitioners can seek to have them removed. Additionally, First Time Penalty Abatement, abatement for reasonable cause, and how to lay the groundwork for avoiding penalties during the audit is covered.

Highlights

The basics of tax penalties. How CPAs can assist their clients with seeking penalty abatement.

Prerequisites

None.

Designed For

CPAs.

Objectives

Understand the first-time abatement course and when it applies. Describe reasonable cause for avoidance of penalties. Identify opportunities to avoid penalties during an IRS examination.

Preparation

None.

Notice

None.