IRS Practice Series: 10 Steps to Release IRS Levies on Paychecks or Bank Accounts (Completed)

This course will provide a detailed breakdown of the Levy process. From understanding when and why a taxpayer is levied, to gathering information and generating a argument, to getting it released, the course will explore step by step process for getting a levy released.

Who Should Attend
Any proactive, current or prospective, Circular 230 practitioner who understands that the IRS is ramping up the "close the tax gap". Tax practitioners who want to prevent the erosion of their client base, as their clients turn to free and cheap tax preparation services online. Tax practitioners who want to protect their clients from IRS' predatory collections action, develop the skills to prevent and/or resolve IRS collections actions, and want to grow their business into this rapidly expanding market.

Topics Covered

• Causes for a levy action SFRs
• Filing w/ balance due
• Audit balance due
• Avoiding the levy
• Getting a levy released
• Preparer Hotline or e-services to get taxpayer information
• The steps necessary to get the levy released
• TAS
• Follow up after the Levy Release

Learning Objectives

• Identify a foundation for understanding the levy process and the procedure for getting a levy released
• Recognize how to help a tax practitioner learn to expand their practice base to include representation

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
IRS Practice Series: Overview of Collection Issues (or equivalent knowledge)

Advance Preparation
None