IRS Practice Series: 10 Steps to Resolving Collection Issues

Author: Eva Rosenberg

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

This course will discuss the various options available for resolving Collection Issues. The course will review the qualifications and benefits for each type of resolution, and walk you through deciding with path will provide the best outcome for the clients individual situation.

Publication Date: June 2016

Designed For
Any proactive, current or prospective, Circular 230 practitioner that understands the IRS is ramping up the "close the tax gap". Tax practitioners who want to protect their existing clients from IRS' predatory collections action. And tax practitioners who want to grow their business into this rapidly expanding market.

Topics Covered

  • Collection Statute of Limitations
  • Audit reconsideration
  • Penalty abatement
  • Installment agreement (IA)
  • Currently non-collectible status (CNC)
  • Qualifying for Offer-in-Compromise (OIC)
  • Types of OICs available
  • Payment options — and strategies
  • Bankruptcy of tax debt

Learning Objectives

  • Identify the methods for resolving collection issues
  • Recognize the steps that must happen to start the clock on the Statute of Limitations
  • Identify what stops the Statute of Limitations
  • Identify the proper fee for an Installment Agreement
  • Recognize the IRS's Streamlined Installment Agreement process that works for balances
  • Differentiate the options to offer a client
  • Identify the best way to reduce a client's tax debt
  • Recognize what information is not found on the account transcript gathered from the IRS
  • Evaluate a legitimate reason for requesting a penalty abatement
  • Identify accepted interest abatement requests
  • Recognize when the IRS automatically accepts request for an Installment Agreement
  • Identify the proper forms to use when filing an Offer in Compromise: Doubt as to Collectibility
  • Describe granted Currently Non-Collectible status
  • Recognize how to expand a tax practitioner's practice base to include representation


Instructional Method

NASBA Field of Study
Taxes (2 hours)

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

Advance Preparation

Registration Options

Regular Fee$49

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