Self-Study
Advanced
CPE Credits
1 Credits: Taxes
Course Description
In 2012, the Internal Revenue Service thoroughly revised its system for Offers in Compromise (OIC), significantly increasing the probability of a successful OIC. Practitioners must comply with complex rules associated with the settlement of outstanding tax obligations while applying the new rules that substantially reduce many tax obligations. Successfully Negotiating Offers in Compromise covers advanced techniques for negotiating the OIC program, equipping you with the knowledge and tools needed to reduce your taxpayer’s large tax obligations to more manageable amounts.
* Includes, COVID-19 Protections.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the Fresh Start initiative expanded OIC date and recognize the new terms for participation.
- Specify the OIC acceptance terms.
- Select the areas for which standard expenses are established and the factors for which economic hardship is determined.
Course Specifics
|
Course ID 8152527 |
Revision Date April 13, 2020 |
Prerequisites Previous Tax Preparation Experience. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01723-20-S
IRS Federal Tax Law Credits: 1
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01723-20-S
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0870
CTEC Federal Tax Law Credits: 1
CTEC Course Number: 2071-CE-0870
CTEC Federal Tax Law Credits: 1
Course Instructor
Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media appearances, including on Dateline NBC and ABC World News Tonight. Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of the …
Successfully Negotiating Offers in Compromise
CPE CREDITS
1 Credits: Taxes
$29.00 – $49.00
Self-Study
Advanced
CPE Credits
1 Credits: Taxes
Course Description
In 2012, the Internal Revenue Service thoroughly revised its system for Offers in Compromise (OIC), significantly increasing the probability of a successful OIC. Practitioners must comply with complex rules associated with the settlement of outstanding tax obligations while applying the new rules that substantially reduce many tax obligations. Successfully Negotiating Offers in Compromise covers advanced techniques for negotiating the OIC program, equipping you with the knowledge and tools needed to reduce your taxpayer’s large tax obligations to more manageable amounts.
* Includes, COVID-19 Protections.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the Fresh Start initiative expanded OIC date and recognize the new terms for participation.
- Specify the OIC acceptance terms.
- Select the areas for which standard expenses are established and the factors for which economic hardship is determined.
Course Specifics
|
Course ID 8152527 |
Revision Date April 13, 2020 |
Prerequisites Previous Tax Preparation Experience. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01723-20-S
IRS Federal Tax Law Credits: 1
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01723-20-S
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0870
CTEC Federal Tax Law Credits: 1
CTEC Course Number: 2071-CE-0870
CTEC Federal Tax Law Credits: 1
Course Instructor
Robert (Bob) E. McKenzie, EA, Esq., is a partner of the law firm of Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the IRS and state tax agencies. He has lectured extensively on the subject of taxation and has made numerous media appearances, including on Dateline NBC and ABC World News Tonight. Bob has been elected to the American College of Tax Counsel where he serves as secretary/treasurer of its board of regents. Prior to entering private practice, he was employed by the IRS Collection Division in Chicago, Illinois. From 2009–2011, Bob served as a member of the …
Successfully Negotiating Offers in Compromise
CPE CREDITS
1 Credits: Taxes
$29.00 – $49.00