Assisting with Significant Tax Debts in IRS Collections

2 CPE for AFSP, EA, CPA, CRTP             

​

During this session we will discuss common tools and tactics used to help taxpayers resolve IRS tax debts in complex situations faced by individuals and small business owners. Clients can face a host of drastic consequences, including: 

​

• Bank and third-party levies 

• IRS liens 

• Garnishments of accounts receivable 

• Threats of injunctions and business closure in business repeaters or pyramiding (i.e., growing 941 balances) 

• Assertion of trust fund recovery penalties (pre- and post-assessment balance considerations) 

• Passport revocation 

​

We will cover the various forms of offers in compromise, installment agreements and challenges to the underlying liability to help mitigate those drastic consequences.