2020 Penalty Abatement Basics & Techniques (1 Credit Hour of Federal Tax Law)

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Special Price $27.97 Regular Price $69.97
In our ever-changing world of taxes amid new rules to familiarize ourselves with, there is one thing that will always remain, and that is IRS penalties. The IRS asserts millions of dollars of penalties against taxpayers daily. With many taxpayers facing difficult circumstances in 2020, chances are at least a few of them will miss required payment and filing deadlines and be asserted penalties. However, many of those penalties are abated due to quality representation. In this course, you will learn about reasonable cause, first time abatement techniques, and other administrative options that may allow you to substantially reduce your client's penalties. We will cover these techniques and discuss how you can assist a client as their representative, or help your client to do it themselves. In a year where we may be facing potential penalty issues at an unprecedented level, it doesn’t hurt to become acquainted with the options and techniques you will gain through this course.