Description

Given the complexity associated with international tax reporting forms—and the relative emphasis by the IRS to ensure reporting requirements are met—increasing numbers of taxpayers are being penalized. While circumstances and facts influence whether an assessment will be reduced or eliminated, understanding the appeal process and relevant standards (including potential exceptions) greatly increases your chances of a positive outcome. This program will cover penalty focus, heightened IRS penalty imposition, and other considerations relevant to the assessment process.

Topics Covered:

• Recognize the increase in the number of international tax reporting penalties
• Identify potential exceptions that will help reduce or eliminate penalties
• Summarize the current IRS penalty focus and other considerations relevant to the assessment process