IRS Penalties and Abatements

1:00 PM ET | 12:00 PM CT | 10:00 AM PT
90 MINUTES
October 17, 2024
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Nicholas Preusch


Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professi...

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Description 

Are you ready to master the art of reducing IRS penalties and protecting your clients from unnecessary financial strain? Our cutting-edge course, "Reducing IRS Penalties," is specifically designed for tax professionals like you who are committed to safeguarding their clients' interests and ensuring compliance.

Why This Course Matters:

The IRS can impose a range of penalties that could significantly impact your clients' financial well-being. From failure-to-file and failure-to-pay penalties to accuracy-related issues, understanding these penalties and knowing how to address them is essential for effective tax practice. This course equips you with the crucial knowledge and strategies needed to minimize or eliminate IRS penalties, making you a valuable asset to your clients.

What You'll Learn:

  • Types of IRS Penalties: Gain a thorough understanding of the various penalties the IRS can impose, including failure-to-file, failure-to-pay, accuracy-related penalties, and more. Learn how these penalties are triggered and how they impact your clients
  • Abatement and Relief Strategies: Explore proven methods for abating or reducing penalties. Master techniques like reasonable cause arguments, first-time penalty abatement (FTA), and statutory exceptions to provide effective relief for your clients
  • Navigating the Appeal Process: Learn the ins and outs of the IRS penalty appeal process. Develop the skills needed to negotiate penalty reductions and effectively advocate for your clients
  • Preventative Measures: Discover proactive strategies to avoid common penalties in tax filings. Implement best practices to minimize the risk of future penalties and ensure smooth compliance

Why you should Attend 

By the end of this course, you will be armed with the tools and insights necessary to tackle IRS penalties head-on. You’ll be able to:

  • Identify various IRS penalties and understand what triggers them
  • Employ strategies for penalty abatement and reduction, including FTA and reasonable cause arguments
  • Navigate the penalty appeal process with confidence and expertise
  • Prevent penalties by proactively addressing potential issues in tax filings

Transform Your Practice and Protect Your Clients:

Don’t let IRS penalties undermine your clients' financial stability. Enroll in our "Reducing IRS Penalties" course today and become a master in minimizing and eliminating IRS penalties. Equip yourself with the skills to make a tangible difference in your clients' tax situations and elevate your professional expertise.

Who should Attend

  • CPA 
  • Tax Preparer
  • Accountants
  • Attorney 
  • Auditor
  • Bookkeeper
  • Finance Professional

Yearly Plan

$999

Unlimited live sessions

  • ✔ Handouts
  • ✔ Certificates
  • ✔ Access to all sessions
  • ✔ 20 Downloads + Transcript

THE SUBSCRIPTION IS VALID FOR A YEAR

6-Month Plan

$499

Unlimited live sessions

  • ✔ Handouts
  • ✔ Certificates
  • ✔ Access to all sessions
  • ✔ 10 Downloads + Transcript

THE SUBSCRIPTION IS VALID FOR 6 MONTHS

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