IRS Disputes: Identifying Options for Your Client (111W241A15)
Description
Get the confidence and understanding you need to stand up to the
Internal Revenue Service. Learn about what may trigger an audit, how to
negotiate with the IRS, settle on appeal, and qualify for an IRS
collection program. Represent your client with confidence and evaluate
your client’s best options for dealing with the IRS. Topics Discussed:
The Assessment Process The Collection Process for tax liens and levies
The IRS process for seizures and sales of taxpayer property
Installment Agreements Offers in Compromise
Learning Objectives
Determine whether a
tax liability has been properly assessed against your client
Identify
procedures IRS is required to follow in order to assess the Taxpayer
Advise taxpayers about how to prevent the filing of federal tax liens
and minimize the adverse effects of filed liens
Advise taxpayers
concerning the levy, seizure, and sale of property
Advise your clients
when they may be eligible for an IRS installment agreement
Understand
the circumstances in which an installment agreement is in the client's
best interests
Advise clients about applying for an offer in
compromise
Complete IRS Form 656 and a Collection Information
Statement in order to maximize the probability of the offer in
compromise being accepted