Description:

This book is for preparing 2024 taxes. Penalties are the cornerstone of noncompliance deterrence. From 1955 to present, the number of penalties enforced by the IRS increased from 14 to more than 10 times that. This course will help you understand common IRS penalties such as the late filing penalty and the late payment penalty, as well as options for obtaining relief.

• Identifying common penalties assessable against a taxpayer
• Types of penalty relief
• Preparing a penalty abatement letter
• Identifying common penalties assessable against a tax preparer

Product Details:

Item Number: 24337

Level: Basic

Authors: NATP Staff

Published: 2024

Format: Print - 73 pages

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Corresponding CPE Courses:

Get the e-book FREE when you purchase the corresponding 2024 course.