Use Form 8275 to Minimize Penalty Exposure on Delinquent Filings
When bringing non-compliant taxpayers back into regular filing status, dealing with accuracy-related penalties is a critical hurdle for tax professionals.
In this session, Matt Eddleman, EA, breaks down the strategic use of Form 8275 (Disclosure Statement). He will examine how providing adequate disclosure of positions on delinquent returns can serve as an effective defense against IRS penalties under IRC § 6662.
What You Will Learn:
- The Mechanics of Form 8275: When and how to properly execute a disclosure statement for back-filings.
- Penalty Defense Strategy: How standard disclosures can protect taxpayers from accuracy-related and negligence penalties.
- Compliance Integration: Best practices for incorporating Form 8275 into broader delinquent tax return resolution workflows.
About the Speaker
Matt Eddleman is a seasoned financial professional and a key member of the Tax Compliance team at Frost Law. With more than two decades of experience across tax controversy, accounting, and small business management, Matt leverages a multidisciplinary background to provide sophisticated financial planning and tax strategy. Unlike many traditional tax professionals, Matt integrates his deep understanding of small business operations to help individuals and business owners navigate the complexities of a rapidly changing financial landscape. His recent work has focused heavily on pandemic-era relief, where he has dedicated thousands of hours to advising clients on the nuances of the Paycheck Protection Program and Employee Retention Credit. This extensive specialized experience has positioned him as a leading national voice on federal relief programs, allowing him to deliver actionable, future-minded solutions that maximize financial potential and provide stability for businesses in transition.