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.

As our “thank you for attending” gift, participants registered for this webinar will receive a complimentary electronic issue of Wolters Kluwer’s Journal of Tax Practice & Procedure.

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

• How and Why Levies Hpapen
• Avoiding the Levy
• In Compliance
• Being Hit by Levy or Garnishment
• Immediate Action to Take
• The Tax Hotline and Other Magical Tools
• Getting the Levy or Garnishment Released
• Getting Proof of the Levy
• Sharing the Levy Release
• If All Else Fails Last Resort

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