Course Details

How To Defend Against IRS Penalties

Webinar: ID# 1034347
Recorded CD or On-Demand
About This Course:
The Internal Revenue Code has more than 140 penalty provisions and the Internal Revenue Service has dramatically increased the number of penalties it imposes on taxpayers.

From 2005 to 2010, the Internal Revenue Service’s assessment of accuracy-related penalties against individuals increased by more than 800%. Taxpayers who are hit with penalties have different avenues for relief, but often are unaware that relief is available. This topic helps taxpayers and tax practitioners understand the different types of penalties that the IRS may assert, how the IRS determines whether to assert penalties, and what taxpayers can do to minimize their risk of being hit with penalties.

Taxpayers and practitioners are also given tools to defend against the assertion of penalties by the IRS, both at the Exam level and at IRS Appeals. Knowing how the IRS views and assesses penalties before the return is even filed is critical to succeeding in defending against penalties if that return is selected for audit.What You'll Learn:Types of Penalties
  • Accuracy-Related
  • Failure to File/Failure to Pay/Estimated Tax
  • Preparer/Promoter Penalties
  • International Penalties
Contesting Penalties at the Examination or Administrative Level
  • IRS' Approach to Penalties
  • Assessable vs. Nonassessable Penalties
  • Assessment and Abatement Authority Within the Service
Asserting Defenses Against IRS Penalties
  • Reasonable Cause
  • Adequate Disclosure
  • Other Grounds for Abatement of Penalties
The Future of IRS Penalties

    How To Defend Against IRS Penalties
    Available on CD or On-Demand formats
Course Details
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