Navigating Complex IRS Penalty Abatement Procedures for Failure-to-File, Failure-to-Pay, and Accuracy Related Penalties
Mastering Procedural and Practical Ways to Obtain Penalty Abatement; Mitigating Harsh IRS Penalties
A live 110-minute CPE webinar with interactive Q&A
Wednesday, May 3, 2017
(Alert: Event date has changed from 4/18/2017!)
1:00pm-2:50pm EDT, 10:00am-11:50am PDT
This webinar will provide tax professionals with a comprehensive and practical guide to navigating the procedural and practical ways to obtain a penalty abatement. The panel will cover domestic information abatement requests, and will offer useful tools for compiling and submitting the appeal correspondence and documentation.
The IRS assesses many types of penalties against taxpayers: late-filing penalties, late-payment penalties, estimated tax penalties, accuracy-related penalties, and the list goes on. Tax practitioners face these tax penalties on an almost a daily basis, and this webinar will provide procedural and practical ways to obtain a penalty abatement.
The IRS employs strict standards for determining whether a taxpayer qualifies for an abatement of penalties for failure to file required tax returns. TIGTA issued a report indicating that IRS controls over penalties were deficient, leading to incorrect abatement in a large percentage of tested cases. As a result, the IRS increased scrutiny over penalty abatement requests.
The Service has several appeal tracks for denial of abatement requests. Critical to navigating the appeals process is understanding what documentation is required based on the type of appeal and the basis for the taxpayer’s claim. Domestic abatement appeals require a significant amount of substantiation, which can often be difficult to obtain.
Listen as our experienced panel of advisers provides a thorough guide to navigating procedural and practical ways to obtain a penalty abatement.
- Failure-to-file and failure-to-pay penalties (Sec. 6651)
- Know how and when to attach a penalty non-assertion request to a late-filed return
- Learn to effectively establish an installment agreement
- Must learn how to effectively use “Office of Appeals”
- Estimated tax penalty (Sec. 6655)
- Must learn different methods of calculating penalties
- Effectively use the safe harbor rules
- Accuracy-related penalty (Sec. 6662)
- Determining certain tax authority standards (e.g., the “more likely than not” standard or “substantial authority” standard)
- Heavily substantiate a client’s reasonable-cause defense
The panel will discuss these and other important topics:
- Penalty abatement qualifying requirements
- Avoiding notice stream by using a penalty non-assertion request to a late-filed return.
- Establishing an installment agreement and adhering to its terms to avoid penalties
- Effectively using very subjective reasonable cause criteria
- Utilizing “Office of Appeals” effectively
- Methods of calculating penalties
- Which taxpayers can take advantage of the first time abatement program?
After completing this course, you will be able to:
- Discern the appeals process and documentation requirements for various types of IRS penalty appeals
- Decide whether clients have sufficient grounds to appeal tax penalties for failure-to-file, failure-to-pay and accuracy-related penalties
- Identify very subjective reasonable cause criteria
- Recognize benefits of using “Office of Appeals” effectively
Joel N. Crouch, Managing Partner
Meadows Collier Reed Cousins Crouch & Ungerman,
Mr. Crouch specializes in civil and criminal tax controversies involving sophisticated and complex legal and tax issues, both domestic and international. He has extensive experience in resolving tax matters at all stages of a tax dispute including IRS examinations, administrative appeals, and litigation in the U.S. Tax Court, the U.S. Court of Federal Claims and U.S. District Courts, and before the United States Supreme Court. He is a frequent speaker on both substantive and procedural tax issues for both legal and accounting professionals.
Benjamin Peeler, J.D., CPA, LL.M., Partner
Salt Lake City
Mr. Peeler leads his firm's IRS Practices & Procedures team as a federal tax, controversy and procedure specialist. He works with clients in the controversy areas relating to income tax, estate and gift tax, property tax, employment tax and other various tax matters. He represents clients before the IRS in examination, appeals, collection, penalty abatement, audit reconsideration, interest abatement and interest netting. Previously, he worked as an attorney for the IRS Office of Chief Counsel, and also, led and instructed groups of attorneys, revenue agents and revenue officers through various procedures.
The Law Office of Judi Smith,
Ms. Smith is in private practice. Previously, she served as the In-House General Counsel and Director of Strategic Services for a multinational corporation where she was responsible for domestic and international tax compliance. Prior to leaving, she successfully defended an IRS employment tax (941) audit which concluded with the IRS having no issues. She is authorized to practice before the IRS in all states and territories of the United States. She represents clients with tax issues residing in many countries including Russia, Sweden, India, and China (Hong Kong). She is admitted to practice in the United States Tax Court, the United States Court of Appeals for the Seventh Circuit, the United States District Court for the Northern District of Illinois and the Supreme Court of Illinois.
Registration per Person for Live Event
Live Webinar $247.00
Live Webinar & CPE Processing $282.00
CPE per Person on Live Event
Continuing Professional Education credit processing is available for an additional fee. CPE processing must be ordered prior to the event. To qualify for CPE you may not listen via the telephone.
This program is eligible for 2.0 CPE credits.
- Field of Study: Taxes.
- Level of Knowledge: Intermediate.
- Advance Preparation: None.
- Teaching Method: Seminar/Lecture.
- Delivery Method: Group-Internet (via computer).
- Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of verification codes announced throughout the presentation.
- Prerequisite: Three years+ business or public firm experience at mid-level within the organization, preparing complex tax forms and schedules; supervisory authority over other preparers/accountants. Specific knowledge and understanding of Section 6651, 6655 and 6662 penalties imposed by the IRS.
NOTE: CPE credit processing for all attendees must be ordered by 2pm Eastern the day of the program to receive a Certificate of Attendance within 24 hours.
Includes full event recording plus handouts (available after live webinar).
Note: Self-study CPE and EA credits are not offered on recorded events.
Recorded Webinar Download $247.00
Available 48 hours after the live event
Recorded Audio Download (MP3) $247.00
Available 24 hours after the live event
DVD (Slide Presentation with Audio) $247.00
plus $9.45 S&H
Available ten business days after the live event
Registration Plus Recorded Event
Live Webinar & Webinar Download $344.00
Recorded Webinar Download Only $97.00 with Registration/Webinar Combo
Live Webinar & Audio Download $344.00
Recorded Audio Download (MP3) Only $97.00 with Registration/MP3 Combo
Live Webinar & DVD $344.00 plus $9.45 S&H
DVD (Slide Presentation with Audio) Only $97.00 with Registration/DVD Combo
NASBA CPE Sponsor
Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
IRS Approved Provider
Strafford is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).
Strafford is a NASBA CPE sponsor and our live webinars qualify for CPE credits. They offer you a high quality, cost effective, and convenient CPE option, with no lost travel time or expenses.
Strafford is an IRS approved continuing education provider and this course is approved for 2 enrolled agent (EA) credit hours.
Provided a lot of information. Examples made it easier to put in everyday perspective.
I found the presenters to be very experienced and the Q&A's to be particularly useful.
American Eagle Outfitters
I thought that the speakers were very knowledgeable and their presentation materials will be good reference guides.
Claudia Del Castillo, CPA
Sol Schwartz & Associates
I especially liked the examples illustrating the topics concepts.
Offered different view points and real life, practical examples.
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