This program will explain the mechanics of the IRS enforcement tools, when each is utilized and what practitioners can do to assist their client’s either avoid enforced collection or get relief when action is taken. The program will cover how to have tax levies released, discharging and subordinating tax liens, and explain nominee liens and transferee liability.
Publication Date: August 2020
Topics Covered
- IRS Collection Process
- Liens—Authority
- Notice of Federal Tax Lien
- Dealing with Tax Liens
- Lien Subordination
- Lien Discharge
- Tax Levy Basics
- Avoiding a Levy
- Form 12153
- Tax Compliance
- Getting a Levy Released?
- Collection Alternatives?
- Uncollectible
- Installment Agreements
- Practitioner Secret
- Doubt as to Collectability
- Offer in Compromise
Learning Objectives
- Identify how to explain the mechanics of the IRS enforcement tools and when to use them
- Recognize what to do to assist client's either avoiding enforced collection or get relief when action is taken
- Describe how to have tax levies released
- Identify how to explain nominee liens and transferee liability
- Recognize examples of an installment agreement
- Identify which form to use to request for a collection due process or equivalent hearing
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Eric L Green
Eric is a partner in
Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York. The focus of Attorney Eric L. Green’s practice is civil and criminal taxpayer representation. Eric is a past chair of the Connecticut Tax Bar and is a Fellow of the American College of Tax Counsel. He is a frequent lecturer on tax topics for national organizations, and is the author of The Accountant’s Guides to IRS Collection and Tax Resolution. He was the creator and lecturer of the CCH IRS Representation Certificate Program, and Eric runs
Tax Rep LLC, which coaches CPAs, EAs and attorneys to represent taxpayers. Eric was previously a columnist for CCH’s Journal of Practice & Procedure, and has the weekly Tax Rep Network podcast.