Melissa Wiley Discusses IRS Late Filing Penalties on New York State Society of CPAs Webinar 

Highlights

• This program will discuss the IRS procedures for assessing penalties, current IRS penalty enforcement priorities, and how to effectively navigate the IRS when it comes to penalties.
• Attendees will learn which methods of penalty-free late filing are available and how to qualify for each.
• The program will also discuss what to do if a late filing penalty has been assessed to best increase your client’s chances of abatement.

Who Should Attend

• Tax professionals with clients who have delinquent filings (especially international information returns) and/or have incurred late filing penalties

Learning Objectives

• Identify which late filing penalties are imposed on which returns
• Describe the IRS programs available for potentially avoiding penalties (including first-time abatement and the delinquent international information return submission procedures) 
• Understand how to effectively challenge penalty assessments