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  • videocam On-Demand Webinar
  • signal_cellular_alt Beginner
  • card_travel Tax Law
  • schedule 60 minutes

Introduction to the IRS Collection Process: IRS Notices, Liens, and Options for Taxpayers

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About the Course

Introduction

This CLE/CPE webinar will provide tax attorneys, CPAs, and enrolled agents a comprehensive and practical guide to navigating IRS collection procedures. The panel will discuss the stages of the IRS collection process, notices, tax liens, taxpayer rights, and available options in handling federal tax debt.

Description

Taxpayers who fail to file a tax return, omit key items from a tax filing, or otherwise owe federal tax debt, are subject to IRS enforced collections. The processes involved can be daunting to taxpayers and tax professionals representing such taxpayers must understand IRS collections in order to effectively resolve federal tax debt for taxpayers.

One of the most frightening events for delinquent taxpayers is receiving an IRS notice indicating that the Service is pursuing an enforced collection action. Unfortunately, tax counsel often becomes involved only after the time period in which negotiation and resolution can be handled by correspondence and payment plans.

The IRS' primary method for collecting tax debt is the use of their lien, levy, and asset seizure powers. Each of these actions has a defined course of escalating notice and response requirements. Depending on the nature of the tax due and the stage of the collection process, there may be defense and mitigation remedies available for a collection action.

Tax counsel must have an advanced understanding of the IRS enforced collection process to effectively defend taxpayers who find themselves subject to IRS collections.

Listen as our panel discusses the stages of the IRS collection process and offers available options for handling federal tax debt.

Presented By

Scott E. Fink
Shareholder
Greenberg Traurig LLP

Mr. Fink focuses on civil and criminal federal and state tax controversies and litigation. He represents corporations, partnerships, estates and individuals before the Internal Revenue Service, and state and local tax authorities in examinations, collection problems, administrative appeals, and in court.

Shira Peleg
Attorney
Greenberg Traurig LLP

Ms. Peleg is an Associate in Greenberg Traurig’s Tax Practice. She represents clients before the Internal Revenue Service and state and local taxing authorities in examinations, appeals, court, and collections. Ms. Peleg also counsels tax-exempt organizations on obtaining and maintaining their tax-exempt status, corporate governance issues, joint ventures, and unrelated trade or business income issues.

Credit Information
  • This 60-minute webinar is eligible in most states for 1.0 CLE credits.

  • CPE credit is not available on recordings.

  • BARBRI is a NASBA CPE sponsor and this 60-minute webinar is accredited for 1.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, December 19, 2024

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Overview of recent IRS collection initiatives

II. Common taxpayer filing errors and failures to file

III. IRS collection procedures

IV. Options for resolving federal tax debt

The panel will discuss these and other key issues:

  • Options available to the IRS in the pursuit of collecting federal tax debt
  • Step-by-step analysis of IRS collection procedures
  • Minimizing and correcting common taxpayer filing errors
  • Tax liens and navigating the levy and asset seizure process
  • Options available to taxpayers to resolve IRS debt

Learning Objectives

After completing this course, you will be able to:

  • Understand recent IRS collection initiatives for certain taxpayers and methods to maintain tax compliance
  • Identify challenges of the IRS collection process and obtain methods to overcome them
  • Acquire available options for resolving federal tax debt
  • Ascertain various strategies for handling IRS notices, tax liens, and penalties
  • Field of Study: Taxes
  • Level of Knowledge: Basic
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Basic knowledge of taxation.

BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .