In 1955, there were fourteen penalty provisions in the Internal Revenue Code. By 2011, there were more than ten times that number. Come learn from two tax attorneys – an estate planner and a tax controversy specialist – about the penalties that can apply in the estate and gift tax context, and how to effectively defend against them. This session will include a discussion of recent penalty case law, as well as the application of the ever-elusive “reasonable cause” standard.
Learning Objectives:
- Identify the penalties that can be applied to estate and gift tax returns
- Recognize the defenses to each of the identified penalties.
- Analyze recent case law impacting the application of and liability for penalties.
Speakers:
- Beth Shapiro Kaufman, Partner; National Chair, Private Client Services, Lowenstein Sandler LLP
- Melissa L. Wiley, Partner, Lowenstein Sandler LLP
Time: 2:30-3:45 p.m. PT
Location: ARIA Resort & Casino, Las Vegas, 3730 S Las Vegas Blvd, Las Vegas, NV 89158
