Tax Penalties and Penalty Abatement

Monday, April 29, 2024
Webcast or Webinar, Online
10:00AM - 12:00PM (opens at 9:30 AM) EST
2Credits
Technical Business

Registration is Open

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price

CPE PowerPass Users

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/CX36410
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Taxes

Overview:

Those late-night commercials make it sound just so easy, but how do you get rid of tax penalties? This program 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. 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...

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

Major Topics:

The major topics that will be covered in this class include:

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

Major Topics:

The major topics that will be covered in this class include:

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

Designed For:

CPAs

Prerequisites:

None