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NTA2106
Avoiding and Defending Against Penalties - Part 2
Date
November 15, 2021
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: 2021 AICPA & CIMA National Tax & Sophisticated Tax Conferences with Private Foundation Summit
Building on the prior session, this panel will discuss the various voluntary disclosure programs available to taxpayers who wish to remedy prior omissions while minimizing penalty exposure. The panelists will also review accuracy-related penalties, preparer penalties and other "miscellaneous" penalties such as those imposed for erroneous refund claims. Lastly, the session will cover best practices for documenting facts and tax positions to put you and your clients in the best position to defend against potential penalties.
Learning Objectives
- Identify the voluntary disclosure programs that may be used to avoid penalties
- Describe other common (and less common) penalties assessed by the IRS
- Understand how contemporaneous documentation can help tax practitioners and clients defend against penalties
Speakers
Partner, Kostelanetz LLP
Partner, Foley Hoag, LLP
General
Session Categories
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