IRS Practice Series: 10 Steps to Resolving Collection Issues (Currently Unavailable)

Author: Eva Rosenberg, Michael Rozbruch

This self study on-demand webcast will discuss the various options available for resolving Collection Issues. The course will review the qualifications and benefits for each type of resolution, and walk you through deciding which path will provide the best outcome for the client's individual situation.

Publication Date: November 2013

Designed For
Any proactive, current or prospective, Circular 230 practitioner that understands the IRS is ramping up the "close the tax gap". Tax practitioners who want to protect their existing clients from IRS' predatory collections action. Any tax practitioners who want to grow their business into this rapidly expanding market.

Topics Covered

• Collection Statute of Limitations
• Audit reconsideration
• Penalty abatement
• Installment agreement (IA)
• Currently non-collectible status (CNC)
• Qualifying for Offer-in-Compromise (OIC)
• Types of OICs available
• Payment options — and strategies
• Bankruptcy of tax debt

Learning Objectives

• Identify the methods for resolving collection issues.
• Recognize how to expand practice base to include representation.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
IRS Practice Series: Overview of Collection Issues (or equivalent knowledge)

Advance Preparation
None