IRS Highly Effective Penalty Relief Strategies

Monday, June 10, 2024
Webcast or Webinar, Online
5:00 PM - 6:00 PM (opens at 4:30 PM) EST
1Credits
Technical Business

Registration is Open

Members
$55.00 Regular Price
Non-Members
$70.00 Regular Price

CPE PowerPass Users

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$20.00 Members / $28.00 Non-Members
Course Type: Webcast
Course Code: 24/CX43823
Level: Intermediate
Vendor: CPA Crossings, LLC
Field of Study: Taxes

Overview:

You are likely familiar with the various forms of penalty relief (reasonable cause, administrative remedies, and first-time penalty relief), BUT can you apply this and consistently expect a favorable outcome? This program will focus on crafting a well-executed request for penalty relief, along with exploring a lesser-known option which can be employed as an effective case resolution tool. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

After attending this presentation, you will be able to...

  • Determine what constitutes penalty relief
  • Compare and contrast correction of IRS error, statutory and regulatory exception, administrative waiver, and reasonable cause
  • Identify and employ effective penalty relief strategies
  • Apply the full pay rule as an alternate case resolution tool

Major Topics:

The major topics covered in this course include:

  • The basis for penalty relief
  • Differing options for penalty relief
  • Employing an effective strategy using different forms of penalty relief
  • Appealing any proposed rejections
  • A clever penalty relief strategy for full pay case

Major Topics:

The major topics covered in this course include:

  • The basis for penalty relief
  • Differing options for penalty relief
  • Employing an effective strategy using different forms of penalty relief
  • Appealing any proposed rejections
  • A clever penalty relief strategy for full pay case

Designed For:

EA's, CPA's, attorneys, and anyone Interested in learning more about IRS representation and tax problem solving.

Prerequisites:

Familiarity with the various forms of penalty relief.