This CPE course, presented by Mark Seid, is an essential tool for tax professionals seeking to deepen their understanding of IRS penalties and abatement processes. It offers a strategic approach to using the Internal Revenue Code (IRC), Regulations, and the Internal Revenue Manual (IRM) in challenging and mitigating IRS penalties.
Participants will gain a thorough understanding of the specific conditions that warrant IRS penalty assertions and the statutory exceptions that apply. This knowledge is crucial in advising clients and safeguarding their interests. The on demand CPE course also provides detailed insights into the IRM rules for penalty abatement, empowering practitioners with actionable strategies to effectively negotiate with the IRS. Additionally, it covers vital aspects of Circular 230, focusing on the rules governing contingent fee agreements and fee limitations, ensuring compliance and ethical practice. This webcast CPE course is not just about learning; it's about empowering you with practical, applicable knowledge in the field of tax law.
Learning Objectives
Upon completion of this course, participants will be able to:
When can IRS assert various penalties;
Statutory Exceptions to penalty assertion;
IRM Rules for penalty abatement;
Circular 230 rules;
Contingent fee agreements; and
Limitations on fees.
Major Topics
When the IRS can assert various penalties
Statutory exceptions to penalty assertion
IRM rules for penalty abatement
Circular 230 rules for contingent fee agreements and limitations on fees
