How to Defend Against IRS Penalties - Webinar - ResearchAndMarkets.com

DUBLIN--()--The "How to Defend Against IRS Penalties" webinar has been added to ResearchAndMarkets.com's offering.

Find out how to prevent IRS penalties and what opportunities exist if you are penalized.

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 2005-2010, the Internal Revenue Services 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.

Learning Objectives

  • You will be able to discuss the various types of penalties imposed by the IRS against taxpayers, return preparers, and professionals assisting taxpayers in determining their liability
  • You will be able to explain how the IRS views penalties and the various ways in which taxpayers can contest penalties during an audit
  • You will be able to identify the materials and information necessary to document the reasonable cause to IRS penalties
  • You will be able to recognize return positions and filings that may result in the assertion of IRS penalties

Who Should Attend:

  • CPAs
  • Accountants
  • Auditors
  • Tax Managers
  • CFOs
  • Controllers
  • Business Owners
  • Business Managers
  • Presidents
  • Vice Presidents
  • CEOs
  • Risk Managers
  • Tax Preparers
  • Bookkeepers
  • Compliance Officers
  • Consultants
  • Enrolled Agents

Key Topics Covered:

  • 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

For more information about this webinar, visit https://www.researchandmarkets.com/research/vsqwls/how_to_defend?w=4.

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tax

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tax