Kwong and Abdo: IRS Penalty and Interest Relief Under Section 7508A

This CLE program explores emerging tax controversy issues involving IRS penalties and interest assessments tied to the federally declared COVID-19 emergency period. The course will examine recent litigation, including the Kwong and Abdo cases, and analyze the arguments challenging the IRS’s authority to impose certain late payment penalties and interest while emergency relief provisions were in effect. Attendees will receive an in-depth review of Internal Revenue Code § 7508A, including... More Info