Installment Agreements, Offers, and Collections

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

This class will be providing a synopsis on Installment Agreements, Offer in Compromises, and everything in between. The implementation and types of installment agreements will be reviewed. Furthermore an inspection of Partial Pay Installment Agreements and the Currently not Collectible status will be provided. Types of Offers will be analyzed with an emphasis on the Doubt as to Collectibility program. What payment options are available with Offers and how to calculate an amount that the IRS will agree to will be evaluated. Analysis on how to keep taxpayers in compliance with these programs will be discussed and effects on the statute of limitations.

Learning Objectives

Upon completing this course, participants will be able to:

  • Provide a collections overview including statutes, authority, Levies and Liens.
  • Explain payment alternatives.
  • Analyze Installment Agreements
  • Evaluate other types of payment arrangements
  • Discuss how and when to effectively use the Offer in Compromise program.
  • Analyze necessary documents and information needed for these programs.
  • Express the importance of keeping taxpayers in compliance.

Course Specifics

Course ID
WC1822298725
Revision Date
September 16, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02073-22-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1808
CTEC Federal Tax Law Credits: 1

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.

Course Instructor

A.J. Reynolds, EA
A.J. Reynolds, EA

A.J. Reynolds, EA has over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. focuses a portion of his practice to IRS Representation. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives. Additionally, A.J volunteers his time with the Iowa Legal Aid’s Managing Attorney assisting in Tax Court cases and assorted income tax issues. A.J. brings his everyday “in the trenches” experience to seminars and webinars for multiple organizations to assist attendees with real issues affecting tax professionals. A.J. started his …

A.J. Reynolds, EA Read More »

Installment Agreements, Offers, and Collections

Expert Instructors
CPE CREDITS
1 Credits: Taxes

$49.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

This class will be providing a synopsis on Installment Agreements, Offer in Compromises, and everything in between. The implementation and types of installment agreements will be reviewed. Furthermore an inspection of Partial Pay Installment Agreements and the Currently not Collectible status will be provided. Types of Offers will be analyzed with an emphasis on the Doubt as to Collectibility program. What payment options are available with Offers and how to calculate an amount that the IRS will agree to will be evaluated. Analysis on how to keep taxpayers in compliance with these programs will be discussed and effects on the statute of limitations.

Learning Objectives

Upon completing this course, participants will be able to:

  • Provide a collections overview including statutes, authority, Levies and Liens.
  • Explain payment alternatives.
  • Analyze Installment Agreements
  • Evaluate other types of payment arrangements
  • Discuss how and when to effectively use the Offer in Compromise program.
  • Analyze necessary documents and information needed for these programs.
  • Express the importance of keeping taxpayers in compliance.

Course Specifics

Course ID
WC1822298725
Revision Date
September 16, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02073-22-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1808
CTEC Federal Tax Law Credits: 1

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.

Course Instructor

A.J. Reynolds, EA
A.J. Reynolds, EA

A.J. Reynolds, EA has over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. focuses a portion of his practice to IRS Representation. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives. Additionally, A.J volunteers his time with the Iowa Legal Aid’s Managing Attorney assisting in Tax Court cases and assorted income tax issues. A.J. brings his everyday “in the trenches” experience to seminars and webinars for multiple organizations to assist attendees with real issues affecting tax professionals. A.J. started his …

A.J. Reynolds, EA Read More »

Installment Agreements, Offers, and Collections

Expert Instructors
CPE CREDITS
1 Credits: Taxes

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.

$49.00