IRS Collection Process: How to Deal with the IRS Collection Division

Many practitioners believe IRS collection activities to be random when in fact the process is a very direct and formulaic approach to resolving back tax debts.  With the economic hit from COVID-19 harming businesses and taxpayers, the IRS made some significant changes to its approach to enforcement. Given there were 25 million taxpayers in trouble BEFORE Coronavirus, IRS Collection is hot and only getting hotter.

Join this program with Attorney Eric L. Green and Mr. Green will explain the process so you can easily understand where your client is in the collection process, walk you through the changes made in response to the CARES Act and COVID-19, and point out where the opportunities exist to resolve your client’s back-tax issue. The program includes sample forms and letters so practitioners can see what the various IRS notices look like and recognize them when they show up.

• Understand how the IRS Collection Process works.
  
• Explain the impact of the ten-year collection statute on collection alternatives.
• Describe how tax liens work.
• Identify the changes made in response to COVID-19 .
• Understand the mechanics of a tax levy.
• Describe what the four collection alternatives are and when to select one over the other.

Learning Objectives:

The major topics that will be covered in this class include:

• Review of the IRS collection process
  
• IRS enforcement 
• Collection alternatives to resolve an outstanding tax debt
• Doubt-as-to-liability offers
• Audit reconsideration
• Amended returns
• Refunds

• Session Duration: 2 Hours
• Case Studies and Live Q&A session with speaker
  
• PowerPoint presentation for reference
• Session learning level: Introductory
  
• Delivery method: Group Internet Based
• IRS Credits: 2 Tax Hours
• IRS Course ID:  PJGWS-T-00028-21-O

Who Will Benefit:

• CPA's
  
• Tax Attorneys
• Accountants
• Tax Compliance Managers
• Other Tax Professionals

Speaker Profile: