Internal Revenue Manual Summary of Part 20 Section 20.2 (Audio Format)

Course Description:

This is Volume II of the course titled Internal Revenue Manual, Summary of Part 20.  This course covers Section 20.2/Interest.  Under the interest section, I discuss the following subsections, subsection 20.2.1, General and Legal Authorizations, 20.2.4, Overpayment Interest, 20.2.5, Interest on underpayments, 20.2.7, Abatement and suspension of debit interest, and section 20.2.12, Employment taxes.  Even though I do refer to IRC and IRM sections, you’ll be glad to know that in this course, you will not be subject to number overload.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Familiarize you with a better understanding of various types of interest
• How and why the interest is applied
• Define various definitions