The IRS Collection Process
Author: Susan Harper
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Explore the world of the IRS with Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 34 years. With 20 years of instructing CPE courses, Susan will deliver an entertaining and informative discussion to address the IRS Collection process as she continues a 4-part series (various roles of the IRS). In this hour, learn how to educate your clients on how to full pay an IRS bill or make appropriate arrangements when full pay is not an option to avoid dire IRS collection actions.
Publication Date: January 2024
Topics Covered
- Taxpayer Rights
- Billing to Collection
- IRS Payment Options
- Collection Actions
- Trust Fund Recovery Penalty
Learning Objectives
- Identify the general steps from billing to collection at the IRS
- Recognize how to educate your clients on what to do when they receive an IRS bill
- Identify the available options for paying in full
- Identify the available options when your clients cannot pay in full
- Recognize how to alert your clients to the potential IRS collection actions available
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
