The Internal Revenue Service has a well-defined tax collection process. The IRS Collection Activities CPE course discusses the types of notices that it provides regarding tax payments, and the steps that it follows when conducting collection activities. The course also covers the responses and appeals activities in which you can engage to deal with specific types of IRS actions, as well as payment plan options for your clients and avenues for tax penalty relief.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize how the IRS is allowed to use a private collection agency.
Recall the contents of the Taxpayer Bill of Rights.
Recognize the differences between an IRS tax lien and tax levy.
Specify the different types of payment plan options available to taxpayers.
Recall the situations in which you can be granted tax penalty relief.
Major Topics
IRS Collection Process
Statute of Limitations on Tax Collections
Taxpayer Bill of Rights
What to Do if You are Bankrupt
Tax Levies
Tax Liens
IRS Payment Plans
Penalty Relief Options
