IRS Highly Effective Penalty Relief Strategies

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

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

Who Will Benefit

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

Credits