Trust Fund Recovery Penalty: Do You Know How to Navigate Appeals Examination When the Stakes are High? (Part 1)
Target Audience: CPAs, EAs, RTRPs
Field of Study: Taxation (NASBA); Federal Tax (IRS)
Seminar Level: Beginner
IRS COMMUNICATIONS AND LIAISON IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. STATE BOARDS OF ACCOUNTANCY HAVE FINAL AUTHORITY ON THE ACCEPTANCE OF INDIVIDUAL COURSES FOR CPE CREDIT. COMPLAINTS REGARDING REGISTERED SPONSORS MAY BE SUBMITTED TO THE NATIONAL REGISTRY OF CPE SPONSORS THROUGH ITS WEBSITE: WWW.LEARNINGMARKET.ORG.
DISCLAIMER: THIS SEMINAR WAS FILMED IN Atlanta, georgia, ON JULY 10, 2012, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.
The Appeals organizations delivered this seminar at the IRS Nationwide Tax Forum in July 2012.
Follow a Trust Fund Recovery Penalty liability case through Appeals to determine each party’s responsibility. As presenters role-play, you will follow a case study through the liability determination in Appeals all the way to court. This case study will also discuss ex parte considerations, hazards of litigation, disclosure, submission of new evidence, Alternative Dispute Resolution and other Appeals options.
By the end of this presentation you will:
- Learn the definition of “trust fund taxes”
- Understand what Internal Revenue Code Section 6672 qualifies as “willful” and “responsible”
- Have a better understanding of the Appeals examination process after hearing Trust Fund Recovery Penalty liability case scenarios
- Learn how you can help your clients who face the Trust Fund Recovery Penalty
No prerequisites or advanced preparation are required for this seminar.