This course is a premium+ course it can be accessed either by individual purchase or through a premium+ subscription

Purchase this course | $84

Are you familiar with the guidelines the IRS uses to compute penalties and interest? Course participants gain valuable computation tools, as well as strategies for penalty and interest reduction. This course will cover the following topics:

  • Introduction to penalties and their purpose.
  • Dealing with Proposed Penalties.
  • Dealing with Assessed Penalties.
  • Penalties in detail.
  • Recomputing and Reducing penalties.
Learning Objectives
  • Identify dealing with proposed penalties.
  • Recognize dealing with assessed penalties.
  • Discover penalties in detail.
  • Explore recomputing and reducing penalties.
Last updated/reviewed: March 5, 2024

Included In Certifications

This course is included in the following Certification Programs:

10 CoursesTax Resolution Specialist Certification

  1. IRS Representation Series - Foolproof Tips to Release IRS Levies on Paychecks or Bank Accounts
  2. IRS Representation Series - Getting Organized to Resolve Collection Issues
  3. IRS Representation Series - Doing Offer-in-Compromise: How to Complete the Form 656 Application
  4. IRS Representation Series - Tips and Tricks for the 433s Needed to Secure an Offer in Compromise
  5. IRS Representation Series - Winning the 1040 Audit
  6. IRS Representation Series - Steps to Take After SUCCESSFUL Collections or Audits
  7. IRS Representation Series - When Collections and Audits Fail
  8. IRS Representation Series - Reducing IRS Assessments for Interest & Penalties
  9. IRS Representation Series - Conflicts of Interest
  10. IRS Representation Series - Circular 230 Ethics and Updates
Course Complexity: Foundational

Basic knowledge in interests and penalties.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to Reducing IRS Assessments for Interest & Penalties3:20
  Nature of IRS Penalties and Handling Insignificant Penalties11:34
  Dealing with Proposed Penalties10:38
  Dealing with Assessed Penalties12:59
  Dealing with Assessed Penalties cont'd15:46
  Taxpayer Should Know Tax Laws14:36
  Penalties in Detail12:12
  Recomputing and Reducing Penalties13:40
  Recomputing and Reducing Penalties Cont'd10:30
  Assessed Penalties and Interest11:50
  IRS Representation Series - Reducing IRS Assessments for Interest & Penalties1:57:59
  Slides: IRS Representation Series - Reducing IRS Assessments for Interest & PenaltiesPDF
  IRS Representation Series - Reducing IRS Assessments for Interest & Penalties Glossary/ IndexPDF