We often hear a lot about penalty relief, but how does this apply to the IRS and your clients’ tax returns? This course will reveal the most effective causes, preventions, and reductions of IRS penalties for taxpayers. We’ll be talking about Correction of Service Error, Statutory and Regulatory Exceptions, Administrative Waiver, and Reasonable Cause. This includes covering First Time Penalty Relief along with an inside secret, otherwise known as the Full Payment Rule. There will be a lot of information about how these are worked, how they should be presented, and which criteria should be applied.
Learning Objectives:
Anthem Tax Services
Tax Professional
bfauller@anthemtaxservices.com
(855) 749-2859
Billy is an Enrolled Agent, Certified Tax Resolution Specialist, and National Tax Practice Institute Fellow. He was an IRS Revenue Officer for nearly eight years (Active between 2009 and 2017). Since leaving the IRS, his focus has been 100% on IRS representation and tax problem solving. He likes to take in field collection cases and specializes in interactions with Revenue Officers. He currently serves as the Resolution Training Specialist at Anthem Tax Services in Woodland Hills, CA.
CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222
CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.
CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222
Anthem Tax Services is ran by tax professionals with over 100 years of combined experience in Tax Debt Relief, Tax Preparation and Tax Law. Working in the tax resolution industry for many years, all of us have been able to see the areas that need improvements and implement those here. Seeing how other firms work, we saw a need for a tax company whose main focus was to help the client in achieving the best results possible.