This course discusses reasons why taxpayers fail to file timely tax returns and the implications they face with IRS for the late filed returns. Preparation of tax returns with potentially missing information is addressed along with resolution of IRS issues related to non-filing during examination and/or collection.
- Describe how many years of late filed returns are generally required by IRS.
- Understand what penalties apply to a non-filer.
- Identify methods to obtain missing tax information to file a late return.
- Describe basic collection alternatives available if the late filed return has a balance due.
Length: 100 minutes
Advanced Preparation: None
Program Level: Basic
IRS Program Number for Self-Study On-Demand Webinar: NMVBP-T-00144-20-S
Delivery Method: Self-Study
Field of Study: Federal Tax (IRS)
Credit hours: 2 IRS
Instructor: Sherrill Trovato, EA, USTCP Click here to learn more about the instructor
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our education policies.