WF001726: Don Farmer’s Reasonable Cause Penalty Abatement: What Actually Works
Description
This course focuses on practical strategies for obtaining IRS penalty abatement based on reasonable causes. Participants will review statutory standards, IRS administrative guidance, and real-world success factors. Emphasis is placed on documentation, narrative development, and distinguishing reasonable cause from first-time abatement.
MAJOR TOPICS
* Overview of IRS Penalties and Abatement Authority
* Reasonable Cause Standards
* Reasonable Cause vs. First-Time Abatement
* Penalty Abatement Requests and Narrative Development
* Documentation and Substantiation Requirements
* Common Denial Factors and Compliance Risks
Objective
* Identify penalties eligible for reasonable cause relief * Distinguish reasonable cause from first-time abatement * Develop effective penalty abatement narratives * Evaluate documentation that strengthens abatement requests * Recognize common reasons IRS penalty abatement requests fail
Advanced Preparation
None
Required Knowledge
Participants should have a working knowledge of individual and business tax compliance, familiarity with Internal Revenue Service penalty structures, and prior experience handling tax filings, notices, or basic taxpayer correspondence.
Who Should Attend
CPAs and accounting professionals
Credit Types
- CPE – Taxes
Event Speaker(s)
Registration Fees
| Registration | Type | Price |
|---|---|---|
| WF001726: Registration – Member | Mem | $89 |
| WF001726: Registration – Non-Member | NM | $109 |
The North Carolina Association of Certified Public Accountants 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.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.