Bryan C. Skarlatos presented "IRS Update: Hot Tips on Tax Penalties" at NYSSCPA IRS Practice and Procedures Conference

The number of accuracy-related penalties assessed against individual taxpayers increased from 58,366 in 2005 to 499,190 in 2016. Are there more bad taxpayers, or is the IRS just getting more aggressive about asserting penalties? 

Responsible tax practitioners must understand what triggers a penalty assessment and how to protect their clients and themselves against such assessments. Bryan discussed a valuable look at tax penalties.