Offers in Compromise: How to Settle Tax Debts
On-Demand Online Workshop

4 CPE for AFSP, EA, CPA, CRTP

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: QAS Self Study

	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 credit for this on-demand online workshop, you must make at least one attempt to answer each of the review questions included with the video. You must also successfully pass the course exam with a score of 70% or better. The course and exam will expire one year from the date of purchase.

Cancellation Policy

Because this is an online education offering, it is nonrefundable.