IRS Factors for Reasonable Cause Abatement, and the Rules on Waiver of Penalties and Interest
Join expert speaker Haleh C. Naimi to understand the IRS factors for reasonable cause abatement and the circumstances under which interest on taxes can be waived. Learn about the forms and procedures used for requesting penalty and interest abatement (including the First Time Abatement for penalties).
This session will provide you with an overview of various penalties, including:
Understatement of valuations;
Reporting requirement penalties;
Failure to file;
Failure to pay;
Failure to deposit; and
Circumstances under which penalties and interest can be abated.
Learn the rules on waiver of penalties and interest
Review forms and procedures for requesting relief
What are the requirements and procedures for First Time Abatement
What are the factors for Reasonable Cause Abatement
Learn the procedures for requesting refund of paid penalties
NASBA & IRS Category of Study: Taxes
Who Should Attend
This webinar will provide valuable assistance to all personnel in:
Haleh Naimi is a tax and bankruptcy attorney representing individuals and businesses (ranging in size from small to middle-market) in complex tax, bankruptcy and commercial litigation matters throughout California and New York. She has lectured on tax controversy issues involving collection and bank...