The IRS Collection Division is currently handling more than 14.1 million taxpayer accounts and they have already identified over 7 million non-filers to pursue in 2019. The need for trained practitioners to help taxpayers has never been higher. Add to that the massive increase in self-filed tax returns, and the time is ripe for practitioners to take the next step and sharpen their representation skills.
Join us for this two-hour presentation by attorney and national speaker Eric Green, as he walks you through everything you need to know to file an Offer-in-Compromise that gets accepted. Eric will review the Offer process, the various types of Offers available, and when a practitioner should recommend one over the other.
You will learn how the IRS reviews Offers and determines which ones to recommend or accept, and get strategies to give your clients the best chance at success with the IRS. Learn to become a valued IRS representation practitioner and make more money than you can ever make just filing 1040 returns.
- How the Offer-in-Compromise program works
- Which of the various types of Offers to use
- Why tax compliance is so critical when considering an OIC
- How the IRS calculates Reasonable Collection Potential (RCP)
- What are the role of IRS allowable expenses
- How to maximize your client’s chance of settling back-tax debt
- What critical OIC-process steps to follow—as illustrated by the “Joe & Mary case study”
- Live Q&A session with speaker
- PPT presentation for reference
- Certificate of attendance
- CPE's Credit
Who Will Benefit:
- CPAs and Enrolled agents
- Finance and accounting professionals
- Tax professionals
- Law firms dealing with tax issues
- Profit businesses involved in joint ventures with non-profit organizations
- Tax attorneys
- Other Tax Preparers