IRS Practice Series: Hands-on Collections Workshop (Currently Unavailable)

Author: Eva Rosenberg, Michael Rozbruch

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

This course will discuss the various "how to" gather, understand and present documentation to support your case. The course will guide you through the 433 series of forms and explain when each form is used, what the national standards are and when to use them, when and how you can go beyond those standards and the documentation necessary, and helping you clients "plan their expenses" to get the best deal.

This topic is the fourth course in the IRS Practice Series — leading to a Tax Mediary (CTM) Certificate upon completion of the series.

Publication Date: May 2012

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. And tax practitioners who want to grow their business into this rapidly expanding market.

Topics Covered

  • Taxpayer Compliance
  • 433 Form series
  • National Standards for living expenses
  • Supporting documentation and strategies

Learning Objectives

  • Provide a thorough understanding of the Collection Information forms, use of National Standards and how to support your claims. To help a tax practitioner learn to expand their practice base to include representation.

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
IRS Practice Series: Overview of Collection Issues and IRS Practice Series: 10 Steps to Resolving Collection Issues (or equivalent knowledge)

Advance Preparation
None

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