IRS Penalties and Abatements


  • EVENT DATE:

    Nov 12, 2025

  • PRESENTER(s): Andrew Clark, EA

  • 01:00 PM ET| 12:00 PM CT| 10:00 AM PT| 120 Minutes

  • Product Code::TL337



Description


IRS Penalties and Abatements :- 


Penalty abatement is a technique that tax practitioners can utilize to help their clients reduce penalties and interest they owe to the IRS if the taxpayer can prove “reasonable cause.” This informative and insightful course will provide you with some insider tips, practical steps and effective strategies to help your client manage IRS tax penalties and interest.


Learn about various types of penalties that you may face and the various forms and procedures used for requesting penalty and interest abatement, including First Time and Reasonable Cause abatement. Plus, learn about the procedure to follow when requesting a refund of paid penalties.


Area Covered in this Session :-

  • Various Types of Penalties
  • Penalties for Failure to Pay
  • Failure to Pay Estimated Taxes
  • Failure to Deposit Payroll Funds
  • Accuracy Related Penalties
  • Relief from Penalties
  • First Time Abatements (FTAs)
  • Reasonable Cause Exception
  • Other Issues
  • Trusted Fund Recovery Penalty (TFRP)


Learning Objectives :-

  • Identify situations where penalties can be imposed
  • Recognize how to utilize techniques for preventing or reducing any penalty assessments
  • Identify when the First Time Abatement can be used
  • Identify the procedure governing the request for refund
  • Identify the section of the Internal Revenue Manual that gives IRS agents a guide in assessing or granting abatements, including the First Time Abatement program


Who Will Benefit:

  • Certified Public Accountants (CPA)
  • Enrolled Agents (EAs)
  • Tax Professionals
  • Attorneys
  • Other Tax Preparers
  • Finance professionals
  • Financial planners
  • Accountants
  • Payroll Managers


Credits and Other information:-

      - Session Duration: 2 Hours

      - Case Studies and Live Q&A session with speaker

      - Power Point presentation for reference

      - Session learning level: Advanced

      - Delivery method: Group Internet Based

      - IRS Credits: 2 Tax Hours

      - IRS CE Provider: #PUPOT

       - Recommended field of study – Taxes

       - Session Prerequisites and preparation: None

       - Location: Virtual/Online

       - Attendance Requirement:  Yes


Speaker Profile:

Andrew Clark, EA

Andrew is an Enrolled Agent and the President of both Andrew Clark Enterprises and Tax CE Publishing. Andrew has been involved in the CPE market since 2010, and in addition to writing CPE courses, Andrew provides tax consulting and preparation services to clients in the Sacramento region. Andrew is also an entrepreneur and enjoys consulting with other entrepreneurs to help them achieve success in their own businesses.

Andrew enjoys both reading about taxation topics and creating easy-to-understand programs revolving around these complex concepts. He is also an in-demand lecturer due to his thorough understanding of the tax code and tax code changes.


             - IRS CPE Credits: 2 (Taxes)                      This Program has been approved
                                                                                           for 2 CPE hours under IRS.
             - IRS CE Provider ID: #PUPOT



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