This webinar is an introduction to IRS penalty relief. Many penalties can be accrued by taxpayers who miss tax deadlines or payments. For compliant taxpayers, administrative relief can be found through first-time penalty abatement. There is also leniency for taxpayers who have gone through a life circumstance known as a reasonable cause. Today we'll look at both first-time penalty and reasonable cause penalty abatement. We will look at using these forms of penalty abatement for civil penalties, accuracy-related penalties, and failure to file penalties.

Areas covered in this Training:

· To be able to define IRS penalty abatement.
· The qualifications for IRS first-time penalty abatement. 
· How to request first-time penalty abatement
· The qualifications for IRS reasonable cause abatement
· How to request reasonable cause abatement
· To understand the difference between a failure to file penalty and an accuracy-related penalty

Why Attend this Training:

Many taxpayers incur IRS penalties, fees, and interest due to a lack of knowledge. This webinar will help participants know how to request relief from these penalties from the IRS. This includes but is not limited to failure to file, failure to pay, and accuracy-related penalties.

Suggested Attendees:

· Certified Public Accountants (CPAs)
· Enrolled Agents (EAs)
· Tax Professionals
· Tax Attorneys
· Other Tax Preparers
· Finance professionals
· Financial planners
· Non-credentialed tax professionals
· Annual Filing Season Preparers
· Tax professionals interested in learning how to abate penalties for taxpayers


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