Pages: IRSPenaltiesReasonableorUnreasonableCauseODW

Objectives
Upon completion of this on-demand webinar, you will be able to:

• Explain the three most common penalty abatement methods.
• Identify the elements of the “perfect” penalty abatement scenario.
• Determine which penalty abatement method is best for the most common penalties.
• Explain reasonable cause and how it applies to the late-payment, late-filing, and accuracy-related penalties.
• Define reasonable cause and its elements.
• Draft an effective penalty abatement letter.
• Know what documents to attach to a penalty abatement request.
• Appeal a penalty abatement denial.

Presenter: James Buttonow, CPA
Jim Buttonow, CPA, CITP, is a 20-year IRS veteran and a leading expert on IRS practice and procedure. While with the agency, Jim led multifunctional teams across the U.S. in the areas of examination, collection, filing and appeals. After leaving the IRS, Jim worked to represent hundreds of taxpayers before the IRS.

Today, Jim is cofounder and vice president of New River Innovation, where he is chief architect of Beyond415®, the Web-based system for IRS practice and procedure. Jim regularly speaks on compliance trends and post-filing practice efficiency strategies for CPA and accounting firms, and his education-based articles have appeared in the Journal of Accountancy, Accounting Today and various state CPA society magazines. In 2012, Accounting Today named Jim one of the Top 100 Most Influential People in Accounting.

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