Penalty Abatement for Fun and Profit

2 Credits: Taxes


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Penalty Abatement for Fun and Profit

Course Level
CPE Credits

2 Credits: Taxes

Course Description

This CPE course, presented by Mark Seid, is an essential tool for tax professionals seeking to deepen their understanding of IRS penalties and abatement processes. It offers a strategic approach to using the Internal Revenue Code (IRC), Regulations, and the Internal Revenue Manual (IRM) in challenging and mitigating IRS penalties.

Participants will gain a thorough understanding of the specific conditions that warrant IRS penalty assertions and the statutory exceptions that apply. This knowledge is crucial in advising clients and safeguarding their interests. The on demand cpe course also provides detailed insights into the IRM rules for penalty abatement, empowering practitioners with actionable strategies to effectively negotiate with the IRS. Additionally, it covers vital aspects of Circular 230, focusing on the rules governing contingent fee agreements and fee limitations, ensuring compliance and ethical practice. This webcast cpe course is not just about learning; it’s about empowering you with practical, applicable knowledge in the field of tax law.

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Learning Objectives

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

  • When can IRS assert various penalties;
  • Statutory Exceptions to penalty assertion;
  • IRM Rules for penalty abatement;
  • Circular 230 rules;
  • Contingent fee agreements; and
  • Limitations on fees.
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Course Specifics

Course ID
Revision Date
July 26, 2023


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02362-23-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1927
CTEC Federal Tax Law Credits: 2

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at

Meet The Experts

Mark Seid Headshot

Mark Seid, EA, CPA has over 25 years of experience in field of taxation focused on tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.