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 National Association of Tax Professionals Seminar June 24 2024-2025

Kentucky Estimated Tax Voucher 2024-2025 Form

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Hey everybody, it's Eric Green. I just want to talk about the courts we're going to be doing on tax penalties and penalty abatement. This is a very popular topic right now. First of all taxpayers get penalized all the time whether it's estimated tax penalties, you know, failure to file, failure to pay, it could be accuracy penalties, civil fraud penalties. What we're gonna cover in the course is this the penalty regime and then basically what are the options for helping these taxpayers? First time penalty abatement, reasonable cause, but we're also going to get into some strategies that you can use if the client's being audited to deal with the auditor and potentially negotiate away the penalties and also up at appeals. Right? So if you're a tax professional EACPA or unenrolled and you're trying to help a taxpayer who has, you you know, who has penalties for one or many reasons, you'll come away with a real underst

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