Tuesday, July 22 | 8:00 a.m. - 9:40 a.m. | Concurrent Session
Effectively Representing Clients with Tax Debt
2 CPE for AFSP, EA, CPA, CRTP
Resolving IRS tax liabilities can be daunting for individuals and small business owners. This course provides a comprehensive overview of strategies to address complex IRS tax debts. We’ll explore the essentials of verifying liabilities, understanding statutes of limitations, evaluating resolution options such as offers in compromise and payment plans, and leveraging IRS Appeals processes like Collection Due Process (CDP) and Collection Appeal Program (CAP). Leave with the knowledge and tactics needed to guide your clients through these challenging situations and protect them from severe consequences like liens and levies.
Objectives
Upon completion of this session, you will be able to:
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Confirm the validity of an IRS assessment
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Identify the importance and relevance of IRS notices
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Evaluate the appropriate resolution options available to resolve the tax debt, including payment plans and offers in compromise
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Know when to use the CDP or CAP to your client's advantage
CPE information
Duration: 100 minutes
Course level: Overview
Prerequisite: None
Advanced preparation: None
Delivery method: Group Live
