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23WX-3864: IRS Best Practices for Mitigating the TFRP (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Wednesday, April 3, 2024
8:00am - 9:00am Central Time
1 CPE (1 technical)

You are probably somewhat familiar with the Trust Fund Recovery Penalty or TFRP. This is a civil process that asserts the employee portion (Social Security, Medicare, and Federal income taxes withheld) of delinquent payroll taxes against business owners and other individuals. The IRS has wide discretion in asserting the TFRP, but did you know that there are certain strategies you can adopt to help mitigate the TFRP, both pre-and-post assessment? This program will focus on trust fund issues, along with pre-planning strategies, appealing the proposed assessment, and attempting to resolve the TFRP after the fact. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • The Trust Fund Recovery Penalty
  • Pre-planning strategies to help mitigate the TFRP
  • Negotiating with a Revenue Officer to help avoid the TFRP
  • Appealing the proposed assessment
  • Post-assessment strategies to try and remove the TFRP

Learning objective(s)

  • Identify the Trust Fund Recovery Penalty
  • Use different case strategies to work through or avoid the TFRP
  • Analyze contrasting methodologies for working trust fund taxes in field collection
  • Distinguish post-assessment plans for removal of the TFRP

Who should take this program?

CPAs, EAs, attorneys, and anyone interested in learning more about IRS representation and tax problem solving

Fees

Our records indicate you are a nonmember. If you register, you will be charged $55.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $55.00
checkmark Standard Nonmember Fee $55.00

More program information

Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (1.0)
Level Intermediate
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. Familiarity with the Trust Fund Recovery Penalty or TFRP
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.