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.
Who Should AttendAny proactive, current or prospective, Circular 230 practitioner that understands the IRS is ramping up the "close the tax gap". Tax practitioners who want to protect their existing clients from IRS' predatory collections action and grow their business into this rapidly expanding market.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program PrerequisitesBasic knowledge in interests and penalties.