Offers in Compromise: How to Settle Tax Debts Online Workshop
4 CPE for AFSP, EA, CPA, CRTP
Register Thursday, June 6, 12:30 p.m. - 4:30 p.m. CT
Premium: $0 | Professional: $131 | Basic: $166 | Nonmember: $175
Summary
Given the current economic uncertainty, there has never been a better time to add this specialized and highly sought-after service to your current practice. With 15 million taxpayers in the collection division’s inventory, and another 10 million non-filers before the pandemic began, the need for trained representatives to help taxpayers is going to explode.
This workshop will include the following:
- A review of the offer-in-compromise program
- Analyze the various types of installment agreements
- An in-depth analysis of the four different types of offers and when to use each
- How reasonable collection potential is calculated by the IRS
- How to find clients
- Strategies you can employ to help your taxpayer resolve their issue quickly and efficiently
The workshop will include detailed case studies, including the necessary forms and letters. Attendees will receive checklists, sample letters and tons of exhibits that they can use right in their own practice. Marketing techniques will also be reviewed to help attendees find clients and add an extra $100,000 to their bottom line!
Objectives
Upon completion of this course, you will be able to:
- Explain the offer-in-compromise process and how the IRS program works
- Identify opportunities to help taxpayers make themselves a better offer-in-compromise candidate
- Describe how the IRS calculated reasonable collection potential
- Explain the requirements to qualify for an offer-in-compromise
- Identify what is required to maintain tax compliance
- Describe how to prepare an appeal for denied offer
Course Details
This workshop includes presentation slides, case studies, forms, letters, checklists, and access to the workshop recording.
Presented by: Eric Green, Esq.
Course Year: 2024
Duration: 4 credit hours
Course Level: Intermediate
Prerequisite: Basic understanding of federal income tax
Advanced Preparation: None
Delivery Method: Group Internet Based
| CPE Credits | Designation | Field of Study |
|---|
| IRS | 4
| AFSP | Federal Tax Law Topic |
| IRS | 4
| EA | Federal Tax Law Topic |
| NASBA | 4
| CPA | Taxes |
| CTEC | 4
| CRTP | Federal Tax Law Topic |
| CFP Board | 0 | CFP® | N/A |
How to Earn CPE
To receive full credit for this online workshop, you must respond to at least 70% of the polling questions that are asked by the instructor during the workshop and you must be logged in for at least 90% of the presentation. The course will expire one year from the date of broadcast.
Cancellation Policy
Because this is an online education offering, it is nonrefundable.
