Those late-night commercials make it sound just so easy, but how do you get rid of tax penalties? This program will cover the various penalties applied by the IRS, and the various ways practitioners can seek to have them removed. The program will cover First Time Penalty Abatement, abatement for reasonable cause, and how to lay the groundwork for avoiding penalties during the audit. The program will cover IRS Account Transcript analysis to find first-time abatement opportunities, strategies for documenting your clients case for reasonable cause, and preparing and taking the initial denial to appeals.
This special workshop will include the following:
A review of the various tax penalties,
A review of the First Time Penalty Abatement program by the IRS and when it applies
A detailed discussion of what constitutes reasonable cause for purposes of avoiding penalties
A discussion of how to document a client’s reasonable cause argument for abating penalties
The IRS process and how to apply for penalty abatement
Preparing and winning the appeal when abatement is denied
The workshop will include detailed exhibits, forms and reviews of actual abatement letters and completed forms, and how to help your client document their case.
Eric will also review marketing techniques to help attendees find clients and add an extra $100,000 to their bottom line!
Due to the in-depth nature of this workshop, attendance is limited, so all attendee questions can be answered.
About Eric Green
Attorney Eric L. Green is a practicing tax attorney, author, speaker, and coach. He founded Tax Rep LLC which runs the popular tax representation practice-growth training and coaching program Tax Rep Network. Through his role as the primary instructor and coach at Tax Rep Network, he has helped thousands of accountants start and grow successful tax representation practices.
Eric is a partner and founder of law firm Green & Sklarz LLP, which is based in New Haven, Connecticut, where his focus is taxpayer representation before the IRS, Department of Justice Tax Division and state departments of revenue. Prior to becoming an attorney, Eric served as a senior tax consultant for national and international accounting firms, including KPMG and Deloitte & Touche.
Eric developed a national reputation by building a remarkable record of negotiating favorable settlements in thousands of civil cases against government agencies and has also been able to convince government agents and attorneys to forgo criminal charges and civilly resolve many cases.
Eric is a Fellow of the American College of Tax Counsel, an organization in which membership is an honor reserved for those at the top of their chosen profession. The College’s members, called “Fellows,” are recognized for their extraordinary accomplishments and professional achievements and for their dedication to improving the practice of tax law. Fellows must be nominated by their peers for this honor.
Eric is a frequent lecturer at American Bar Association Tax Section conferences, accounting conferences, and state Enrolled Agent conferences. He served as adjunct faculty at the University of Connecticut School of Law where he taught law students to handle taxpayer representation matters in the low income taxpayer clinic. He is often quoted in the Wall Street Journal, USA Today, CNN, CreditCard.com and Consumer Reports Financial News.
Eric is the author of the Accountant’s Guide to IRS Collection, the Accountant’s Guide to Resolving Tax Debts, a contributing author on Advocating for Low Income Taxpayers: A Clinical Studies Casebook and was interviewed for the book Stop Hiding from the IRS: The Insider’s Guide to Solving Your Tax Debts Once and For All.
Attorney Green received his Bachelor of Business Administration degree in Accounting with a minor in International Business from Hofstra University and is an honors graduate from New England School of Law. He earned a Masters of Laws in Taxation from Boston University School of Law.
- Understand the first-time abatement program and when it applies
- Describe reasonable cause for avoidance of penalties
- Identify opportunities to avoid penalties during an IRS examination
- Explain how to draft an abatement letter that covers the critical points for the IRS to abate the penalty
- Describe the process of preparing an abatement appeal
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based
Field of Study: Tax
CPE: 4 hours
IRS CE: 4 hours
Green & Sklarz, LLC is the sponsoring organization for Tax Rep LLC’s CPE programming. Green & Sklarz, LLC is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing 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. Green & Sklarz, LLC’s NASBA sponsor number is 132892.
Program Number: 15UFN-T-00231-22-O
Title: The Tax Penalty Workshop: How to Get Rid of Tax Penalties and Win Every Time
Cancellation Policy: If you find you cannot make the program after registering, please contact our office by either email (firstname.lastname@example.org or by phone (203-285-8545) and let us know you will be unable to make the program.
Concerns or Complaints: If you have suggestions or concerns about anything in the program or the materials, please direct them to Nicole Golino at email@example.com or by calling us at (203) 285-8545.
CPE Credits & Field of Study: Recommended 8 CPE Credit Hours in the Field of Taxation. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour