April 16, 2024


2 Total CPE Credits


IRS Penalties and Abatements

  • Instructor

    Allison McLeod

Learning Objectives

After attending this presentation you will be able to...

  • Identify situations where penalties can be imposed
  • Utilize techniques for preventing or reducing any penalty assessments
  • Ascertain when the First Time Abatement can be used
  • Obtain a working knowledge of the procedure governing the request for refund

Major Topics

The major topics covered in this class include:

  • Various types of penalties: Accuracy related, fraud, understatement of valuation, reporting requirement, failure to pay, and pay or deposit penalties
  • Rules on waiver of penalties and interests
  • Various forms and procedures for requesting relief
  • First Time Abatement: Requirements and procedures
  • How an individual taxpayer qualifies for Reasonable Cause abatement
  • Procedures for requesting refund of paid penalties
  • Available administrative options

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Taxation

Advanced Preparation


Intended Audience

CPAs, Enrolled agents, Attorneys, Finance professionals, Financial planners, Tax Professionals


CPA Crossings

Register For This Event

  • ASCPA Member

    $ 89 89
  • ASCPA Non-Member

    $ 139 139
    Your Price

Please login to register.