CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Guide to Tax Resolution

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
6 Credits: Taxes

Course Description

Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes, often for reduced amounts. The areas covered are: Offers in Compromise, Wage Garnishments, Bankruptcy, Installment, Delinquent Tax Returns, IRS Bank Levies, Freedom of Information Requests, IRS Payment Plans, Payroll Tax Problems, IRS Audits, Penalty Abatement, Liens, Collection Appeals, IRS Appeals, Innocent Spouse and Expiration of Statutes.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the mission of the IRS and its organization.
  • Identify the role of Taxpayer Advocate and the Freedom of Information Act.
  • Identify how to select the best tax professional.

Chapter 2

  • Recognize traits of unfiled tax returns and an Offer In Compromise.
  • Identify reasons for Penalty Abatement.
  • Recognize when the Collection Statute expires.
  • Identify factors in the innocent spouse defense.
  • Recognize the reasons the irs may close a case as uncollectible.

Chapter 3

  • Recognize the three-year statute of limitations.
  • Recognize other statute of limitations rules and the steps of the collection process.

Chapter 4

  • Identify steps followed by the IRS when issuing tax liens, levies and wage garnishments.

Chapter 5

  • Outline Irs payment plans.
  • Identify specific issues with installment agreements.

Chapter 6

  • Recognize key determinants in the OIC application process, including payment options and terms.
  • Identify key details about how the IRS handles an Offer In Compromise (OIC).
  • Recognize possible actions on submitted and accepted offers.

Chapter 7

  • Recognize how to use the bankruptcy laws.
  • Identify how the bankruptcy laws relate to different tax problems.

Chapter 8

  • Recognize a variety of frequently asked questions (FAQs) regarding tax-collection related matters.

 

Course Specifics

Course ID
8202715
Revision Date
October 7, 2020
Number of Pages
126
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01615-20-S
IRS Federal Tax Law Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1511
CTEC Federal Tax Law Credits: 6

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Guide to Tax Resolution

Expert Instructors
Format
CPE CREDITS
6 Credits: Taxes

$174.00$204.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
6 Credits: Taxes

Course Description

Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes, often for reduced amounts. The areas covered are: Offers in Compromise, Wage Garnishments, Bankruptcy, Installment, Delinquent Tax Returns, IRS Bank Levies, Freedom of Information Requests, IRS Payment Plans, Payroll Tax Problems, IRS Audits, Penalty Abatement, Liens, Collection Appeals, IRS Appeals, Innocent Spouse and Expiration of Statutes.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the mission of the IRS and its organization.
  • Identify the role of Taxpayer Advocate and the Freedom of Information Act.
  • Identify how to select the best tax professional.

Chapter 2

  • Recognize traits of unfiled tax returns and an Offer In Compromise.
  • Identify reasons for Penalty Abatement.
  • Recognize when the Collection Statute expires.
  • Identify factors in the innocent spouse defense.
  • Recognize the reasons the irs may close a case as uncollectible.

Chapter 3

  • Recognize the three-year statute of limitations.
  • Recognize other statute of limitations rules and the steps of the collection process.

Chapter 4

  • Identify steps followed by the IRS when issuing tax liens, levies and wage garnishments.

Chapter 5

  • Outline Irs payment plans.
  • Identify specific issues with installment agreements.

Chapter 6

  • Recognize key determinants in the OIC application process, including payment options and terms.
  • Identify key details about how the IRS handles an Offer In Compromise (OIC).
  • Recognize possible actions on submitted and accepted offers.

Chapter 7

  • Recognize how to use the bankruptcy laws.
  • Identify how the bankruptcy laws relate to different tax problems.

Chapter 8

  • Recognize a variety of frequently asked questions (FAQs) regarding tax-collection related matters.

 

Course Specifics

Course ID
8202715
Revision Date
October 7, 2020
Number of Pages
126
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01615-20-S
IRS Federal Tax Law Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1511
CTEC Federal Tax Law Credits: 6

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Guide to Tax Resolution

Expert Instructors
Format
CPE CREDITS
6 Credits: Taxes

$174.00$204.00

Clear