Author: Eva Rosenberg
This course will help you understand how IRS computes their penalties and interest. You will be introduced to tools that will help you with the computations. You will also learn how to get penalties and/or interest reduced.
This topic is the ninth course in the IRS Practice Series.
Publication Date: July 2016
Designed ForAny proactive, current or prospective, Circular 230 practitioner who understands that the IRS is ramping up the "close the tax gap". Tax practitioners who want to protect their clients from IRS' predatory collections action. Tax practitioners who want to prevent the erosion of their client base, as their clients turn to free and cheap tax preparation services online. Tax practitioners who want to develop the skills to prevent and/or resolve IRS collections actions. And tax practitioners who want to grow their business into this rapidly expanding market.
NASBA Field of Study
Taxes (2 hours)
Program PrerequisitesKnowledge in Interests and Penalties.