Presented by the American Society of Tax Problem Solvers.
Advanced Webinar Series
The Tax Pro’s Guide to Penalty Abatements
Friday, Sept 26th | 1pm-3pm Eastern
How many times have you heard it – I’ll pay what I owe but can you get rid of all these penalties? Of course, we all give the Accountant’s favorite answer – It depends!
One of the first things that we do as tax resolution pros when we’re analyzing a case is look for penalty abatement opportunities. You have a couple IRS programs at your disposal including the first time abatement and reasonable cause. It’s time for you to learn to use them effectively!
In this masterclass we’re going to go deep on FTA (First time abatement) and the various available reasonable causes. We’re going to learn when to use them, how to spot opportunities, and give you lots of examples!
Besides identifying penalty abatement opportunities, during this presentation you’re going to learn the exact process we use for constructing reasonable cause letters that get results. From gathering pertinent information from the client and utilizing Artificial Intelligence, we will discuss tips on how easily and efficiently put together letters for our reasonable cause abatements.
Key Takeaways:
- The Different Types of Penalties & Which Qualify for Abatement
- How to Identify Where We Can Use Abatements
- The Rules of First Time Abatement (FTA)
- Examples of How to Effectively use a First Time Abatement (FTA)
- Grounds for Reasonable Cause Abatement
- Examples of Reasonable Cause Scenarios
- How to Identify Where We Can Use Abatements
- How to construct reasonable cause letters like a pro
Participants will earn: 2 CPE/CE credit
Field of Study: Taxation
Webinar Platform: Zoom
Handout Material: Delivered Virtually
Event Recording: Yes, 12 Month Access
Presented by: Angelene, EA, CTRS
Angelene Wierzbic is a Senior Tax Resolution Specialist at Lawler & Witkowski, an IRS Enrolled Agent, and a Certified Tax Resolution Specialist. Since beginning her career with the firm in 2004, she has spent nearly two decades consulting on thousands of complex IRS cases. Angelene is also an instructor in the renowned ASTPS Tax Resolution Accelerator (formerly the Boot Camp) and was recognized as a Top Presenter at CPAAcademy.org.
2 Hours of Tax Resolution Training
More knowledge = More Profit
It’s simple – The more you know and understand about tax resolution, the quicker and more efficiently you can work cases. This should result in more profit per case!
Confidently Represent
What was once difficult eventually becomes routine. As you gain confidence in your tax resolution abilities you can command higher fees and increase your capacity to take on work. More clients means more revenue.
Learn from Experts
If you’ve decided to commit a major part of your career to tax resolution you don’t have to reinvent the wheel. By ordering a program like this one you are going to learn best practices from seasoned professionals.
Member Discounts Apply
Membership discounts apply to this program – 15% for Premium members.