​​​​​​​​​​​​​​​How to Complete a 433 That Gets Accepted by the IRS On-Demand Online Workshop

4 CPE for AFSP, EA, CPA, CRTP

Premium: $0 | Professional: $131 | Basic: $166 | Nonmember: $175

Summary

The cornerstone of IRS collection that drives everything, and the key to making money representing taxpayers, is being able to calculate the taxpayer’s “reasonable collection potential” (RCP). RCP determines the offer amount, calculates monthly payments and determines if the taxpayer is uncollectible or not. Yet, most practitioners fill in the forms without thought or understanding the rules.

We are going to change all that!

This workshop will explain the nuts and bolts of completing Form 433 from start to finish. It will not only cover the finer points of completing Form 433 but will also review case studies and provide completed copies for you to review and take back to your practice.

Objectives

Upon completion of this course, you will be able to​:

• Explain which IRS Form 433 applies to the taxpayer’s situation
• Describe the IRS collection process
• Identify which expenses are limited by the IRS and which are not
• Understand how to calculate net equity
• Describe the RCP calculation

Course Details

This workshop includes presentation slides 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 the IRS collection process or Abating IRS Penalties on-demand webinar ​
Advanced Preparation: None
Delivery Method: QAS Self Study
​

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.​​