Course Description

Navigating business tax compliance requires more than filing accurate returns; it involves understanding penalty abatement options, recognizing IRS audit triggers, and effectively handling IRS notices. This course equips tax professionals with the tools to minimize audit risks, assist clients in penalty relief, and manage IRS correspondence efficiently. Using real-world case studies, we will explore best practices for documentation, compliance strategies, and proactive approaches to tax deadlines and audits.

Learning Objectives

• By the end of this course, participants will be able to:

• Navigate penalty abatement options and IRS compliance requirements to help business clients reduce tax liability.

• Recognize red flags and audit triggers for business tax returns and implement best practices to avoid unnecessary scrutiny.

• Implement strategies for meeting tax deadlines and handling IRS notices effectively, ensuring smooth tax compliance and risk mitigation.

• Advise business clients on long-term compliance strategies to prevent future penalties and audits.

CPE: 1