IRS Highly Effective Penalty Relief Strategies

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.

Highlights

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

Prerequisites

Familiarity with the various forms of penalty relief.

Designed For

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

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

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by CPA Crossings. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.