On-Demand

2 CPE Credits

Navigating IRS Collections: The Collection Process

On-Demand
2 CPE Credits

This course is designed for tax professionals seeking to understand and navigate the IRS collection process effectively. Participants will gain indepth knowledge of the various collection methods employed by the IRS, including liens, levies and wage garnishments. Additionall, participants will leand strategies to avoid or halt collection actions and the implications of the statute of limitations on tax collection. | Content Provider: Hourani & Associates Inc | Instructor: Mary Jane Hourani

Learning Objectives

  •  Identify the stages of the IRS collection process. 
  • Analyze differences between IRS employee designations and their authorities. 
  • Explore strategies to avoid or stop collection actions. 
  • Determine individuals who may represent taxpayers at the various stages of the collection process. 
  • Recall the Taxpayer Bill of Rights.

Major Topics

  •  Overview of the IRS collection process. 
  • Taxpayer rights and the Taxpayer Bill of Rights. 
  • Collection due process and appeals. 
  • Installment agreements and offers in compromise. 
  • Wage garnishments, levies, and liens. 
  • Penalties and interest.

CPE Credits Available

2 CPE Credits
2
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Tax / Taxation

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, EAs, Tax Professionals, Financial Planners, Investment Advisors, Attorneys, Tax Professionals assisting cleitns with tax resolution

Provider

CPA Crossings

Purchase This Course

  • MACPA Member

    $ 89 89
    Join

  • MACPA Non-Member

    $ 110 110
    Your Price

Please login to register.