TBA | TBA | Concurrent Session
From Debt to Compliance: IRS Advocacy Tips
2 CPE for AFSP, EA, CPA, CRTP
​
This session provides critical steps and strategies tax pros can employ when assisting clients who owe money to the IRS. It includes essential actions to take, the options available for repayment and the potential consequences of non-compliance. This course provides a comprehensive overview of the IRS repayment options available, the potential consequences of non-compliance and how to effectively advocate for clients. Participants will learn practical steps to address IRS debt, how to guide clients in maintaining compliance and utilize tools like a power of attorney, tax information authorization and IRS online resources to achieve the best possible outcomes.
Objectives
Upon completion of this session, you will be able to:
-
Outline the various IRS repayment options available to clients, including installment agreements, offers in compromise and currently not collectible status
-
Summarize the potential consequences of non-compliance with IRS debt, such as tax liens, levies and passport revocation
-
Effectively communicate with the IRS on behalf of clients when you are and are not licensed to do so, including securing a power of attorney, tax information authorization and utilizing IRS online tools for payment arrangements
-
Advise clients on maintaining compliance with current year tax payments to avoid additional penalties
-
Guide clients through the initial steps of addressing IRS debt, including the importance of filing all tax returns and staying current with estimated tax payments
​
CPE information
Duration: 100 minutes
Course level: Basic
Prerequisite: None
Advanced preparation: None
Delivery method: Group Live
