Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2025 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Those late-night commercials make it sound just so easy, but how do you get rid of tax penalties? This program will cover the various penalties applied by the IRS, and the various ways practitioners can seek to have them removed.
Join expert, Eric Green, as he covers First Time Penalty Abatement, abatement for reasonable cause, and challenging the liability legally. This course will also review strategies for handling abatement from the start of the exam right through documenting reasonable cause.
Publication Date: July 2022
Topics Covered
- Civil Penalty Structure
- Civil Fraud Penalty
- Abatement Strategies
- Preparer Penalties
- Trust Fund Recovery Penalty
Learning Objectives
- Identify the various penalties applied by the IRS
- Recognize ways practitioners could have penalties removed
- Identify a type of preparer penalty that is required to be referred to the OPR
- Describe when to use Form 843
- Recognize which IRC sections relates to preparer/promoter penalties for promoters of abusive tax shelters
- Identify which type of funds withheld from employee's pay the IRC §6672 allows the Internal Revenue Service to recover
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Eric L Green
Eric is a partner in
Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York. The focus of Attorney Eric L. Green’s practice is civil and criminal taxpayer representation. Eric is a past chair of the Connecticut Tax Bar and is a Fellow of the American College of Tax Counsel. He is a frequent lecturer on tax topics for national organizations, and is the author of The Accountant’s Guides to IRS Collection and Tax Resolution. He was the creator and lecturer of the CCH IRS Representation Certificate Program, and Eric runs
Tax Rep LLC, which coaches CPAs, EAs and attorneys to represent taxpayers. Eric was previously a columnist for CCH’s Journal of Practice & Procedure, and has the weekly Tax Rep Network podcast.