Recalculating Penalties and Interest

Table of Contents

  1. The end of the audit
  2. Closing letters – how to read them, and ensuring you get
    them, and the importance of ensuring you get them
  3. Adjustment of tax attributes
  4. Amending prior IRS and State returns affected by the
  5. Preparing current year returns based on audit results
  6. Getting liens release
Family members get the following below the fold:
  • Download of Lecture Powerpoint PDF
  • List of Resources available for Recalculating Penalties and Interest

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Recalculating Penalties and Interest – Resources

IRS Examination Correspondence

IRS procedure for Trust Fund Penalty Cases

IRS Penalty Handbook

IRS Penalty Relief

IRS Interest Suspension and Abatement

Penalty Reason code chart

Penalty Transaction code Chart

Fast-Track Mediation,,id=96779,00.html

IRS Appeals,,id=98180,00.html

Taxpayer Advocate Service

Tax Court Petition

US Court System

Understanding the US Court System

TimeValue Software  – Get 20% to over 50% discount – tell them TaxMama sent you

Need help  – Consult  Tom Buck, CPA and Sonya Wilt, EA

Download the Lecture PDF to your desktop
Right click and save link as…

Circular 230 Consideration - Powerpoint Course

Links to PDFs

2011 IRS Processing Codes and Information –

Form 843 Claim for Refund and Request for Abatement

Revenue Procedure 99-10

IRS Publication 3605 – Fast Track Mediation (FTM)

IRS Form 14017 – Request for FTM


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