Have you ever had a client who has faced IRS penalties, fines, and interest and needs to consider the next steps? Did you know that The IRS is generally willing to work with you? This course is presented by Dr. Bart Basi, the renowned tax law and financial planning expert. This session is for tax professionals seeking to navigate the complexities of IRS penalties, fines, and interest and learn practical and effective strategies for their reduction or possibly elimination, providing you with the tools you need to start helping your clients immediately.
Takeaways:
- How to navigate the IRS penalty, fine, and interest process
- Strategies for reducing and eliminating penalties, fines, and interest
- Best practices for working with the IRS to resolve tax debt issues
This course counts for 1 hour of IRS CE under the category of Federal Tax Law Related Matters.
About the Presenter:
Dr. Basi is the current Senior Advisor to The Center for Financial, Legal & Tax Planning, Inc. He is an Attorney and CPA with a Ph.D. in Economics. Dr. Basi has expertise in financial accounting, business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely held and family businesses. He speaks nationwide, writes, and researches on all of these areas. He has written five loose-leaf bound books, fourteen workbooks, and over 300 articles and has worked with hundreds of businesses and associations. Journals that have published Dr. Basi's work include "Money Matters," "The American Journal of Small Business," "The Journal of Family Law," "The Journal of Estate Planning," "The Tax Lawyer," "Small Business Taxation," "Taxation for Individuals," "Taxation for Accountants," "Taxation for Lawyers," "The CPA Journal," and "The Tax Executive."