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On July 8, 2026, the IRS announced the new Automatic Exemption from Penalty (AEP) program, introducing a significant change in how eligible taxpayers receive administrative penalty relief. This webinar provides a practical overview of the AEP program, including eligibility requirements, covered penalties, and the compliance standards taxpayers must satisfy to qualify for automatic relief.
Participants will also explore the transition from the First Time Abate (FTA) program, understand how the new rules affect taxpayers and practitioners, and identify situations where taxpayers may still need to request penalty relief. Through a practical discussion of the program's requirements, limitations, and compliance considerations, attendees will gain the knowledge needed to evaluate eligibility, recognize planning opportunities, and confidently advise clients on available IRS penalty relief options.
Learning Objectives:
Session Highlights:
By attending this webinar, you will strengthen your ability to assess taxpayer eligibility, navigate the transition from FTA to AEP, identify available penalty relief opportunities, and provide clients with practical, well-informed guidance on IRS administrative penalty relief.
Who Should Attend:
This webinar is essential for tax and accounting professionals who want to provide high-value resolution services to their clients:
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