IRS Penalty Abatements

Every year, the IRS assesses an astronomical number of penalties against taxpayers. Many of them are wrong and improperly assessed. This course will teach you how to recognize an erroneous penalty and calculate the correct penalty. Most importantly, you will learn how to get an abatement for your clients for the incorrect penalties that have been assessed.

Webinar Nov 03 2025, Monday 01:00 PM EST 75 Minutes Intermediate Level Code: GRC0000319

You will learn the four types of penalties:

  • First-time penalty abatements
  • How to request an abatement?
  • The reasons for filing the return late
  • The state of mind of the taxpayer

You will also receive sample letters to use in requesting a penalty abatement for your client

The course will cover these penalties and how to have them abated:

  • Failure to file
  • Failure to make deposits
  • Failure to pay

It will cover the Trust Fund Recovery Penalty:

  • What it is?
  • How to avoid it?
  • How to have it abated?
  • Who is a responsible person?
  • The interview process to determine the responsible person
  • How to avoid the interview?

As for the First Time Penalty Abatement, you’ll learn:

  • What it is?
  • Penalties eligible for abatement
  • How to qualify?
  • How to request it?

  • Certified Public Accountants
  • Enrolled Agents, and Attorneys that want to ensure their clients are only assessed the proper penalty and how to get an incorrect one abated.

BRUCE WARNER
BRUCE WARNER

Bruce Warner, CPA owns a CPA practice in Salt Lake City, Utah where he specializes in helping clients with tax planning and to implement financial strategies to increase wealth and well-being. He has previously had Series 7 and 63 securities licenses. He is now licensed as a CPA and life agent in Utah. His insurance and annuities business are affiliated with Global Financial Impact. His practice has focused on taxes since 2009, and prior to that he worked for a major CPA firm and worked in the Oil and Gas Industry. He consulted with large energy businesses for 15 years with a Washington DC consulting firm, Brown, Williams, Moorhead & Quinn, Inc.

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