Taxpayers are in love with the idea of making back-tax debts vanish for pennies on the dollar. This program will walk practitioners through the various options for resolving a back-tax debt, including case studies and forms to illustrate when each resolution alternative should be considered.
DESIGNED FOR
CPAs
BENEFITS
After attending this presentation you will be able to:
- Identify the collection alternatives with the IRS
- Understand the various types of installment agreements
- Explain the role of tax compliance in resolving a back tax debt
HIGHLIGHTS
The major topics that will be covered in this class include:
- The collection alternatives to resolve a back tax debt
- Installment agreements
- Uncollectible status
- Offers-in-compromise
- Bankruptcy
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None