Self-Study
2
Basic
Taxes
There are no prerequisites.

Course Description

Each day, the Internal Revenue Service issues millions of dollars in tax penalties against taxpayers who failed to file or pay correctly. Many of these penalties can be reduced or abated by a knowledgeable, skilled practitioner. In Penalty Games: Reducing IRS Penalties, tax litigation expert Robert E. McKenzie covers the basics of the IRS's abusive preparer program, preparer penalties, and due diligence. You'll learn details about the IRS tax code that can substantially reduce many tax penalties asserted by the IRS against your clients.



Instructor

Robert (Bob) E. McKenzie, EA, Esq.

Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media appearances, including on Dateline NBC and ABC World News Tonight.

Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of the IRS Advisory Council (IRSAC), a group appointed by the IRS Commissioner.

Bob is the author of Representation Before the Collection Division of the IRS as well as the coauthor of Representing the Audited Taxpayer Before the IRS and Representation Before the United States Tax Court.



Course Specifics

Taxes
Jul 11, 2016
There are no prerequisites.
SS8152528
54
None


Compliance Information

103220
IRS Provider #: 0MYXB IRS Course ID: 0MYXB-T-00851-15-S IRS Federal Tax Update Credits: 2
CTEC Provider #: 2071 CTEC Course ID: 2071-CE-0839 CTEC Federal Tax Update Credits: 2 Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

Section 1

  • Identify the specific components of the failure to pay (FTP) failure to file (FTF) penalties.

Section 2

  • Identify the specific components of the fraudulent failure to file (FTF) penalty.

Section 3

  • Identify the specific components of the failure to deposit (FTD) penalty.

Section 4

  • Identify the specific requirements of the various reasonable cause assertions.

Section 5

  • Identify the specific components of the accuracy penalty.



Choose Your Preferred Format


Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy


Back to top