Understanding Tax Liens and Tax Levies On-Demand Online Workshop
4 CPE for AFSP, EA, CPA, CRTP
Register
Premium: $0 | Professional: $131 | Basic: $166 | Nonmember: $175
Summary
When taxpayers are facing economic hardships, they often try to cope by leaving their tax debts unpaid, which results in clients facing IRS liens or levies. With 15 million taxpayers in the collection division’s inventory, and another 10 million non-filers before the COVID-19 pandemic began, the need for trained representatives to help taxpayers is exploding.
This workshop explains the mechanics of the IRS enforcement tools, when each is used and what practitioners can do to assist their clients to either avoid enforced collection or get relief when action is taken. We’ll also cover how to have tax levies released, discharging and subordinating tax liens, and explain nominee liens and transferee liability. Using a series of detailed case studies, we’ll provide examples to show you how to save your clients money, resolve their tax issues and make money doing it.
Objectives
Upon completion of this course, you will be able to:
- Explain the IRS collection process
- Identify opportunities to help taxpayers resolve their outstanding tax debts
- Describe how tax liens work and options for removing them
- Explain the mechanics of a tax levy
- Identify what is required for tax compliance
- Explain the options for having a tax lien subordinated to another creditor
- Describe how disqualified employment tax levies work and when the IRS utilizes them
Course Details
This workshop includes detailed case studies, including the necessary forms and letters, presentation slides and access to the workshop recording. Attendees will receive checklists, sample letters and exhibits to use in their own practice.
Presented by: Eric Green, Esq.
Course Year: 2024
Duration: 4 credit hours
Course Level: Overview
Prerequisite: None
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.
