Webcast: What to Do If Your Client Can't Pay the IRS (XSCLCP17)
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The IRS is not a pleasant creditor and most taxpayers tend to ignore their problems leaving them exposed to liens, levies, and seizures. Of course all of this means emergencies that you are left to fix, often at night and on weekends when you receive that call of panic! During this fast paced and entertaining class, instructors David Stone, EA (a former IRS offers desk agent) and Dominique Molina, CPA, CTS will explore proactive ways you can work with your clients to relieve their anxiety and p

 Export to Your Calendar 9/18/2017
When: 09/18/2017
12:00 PM until 2:00 PM
Where: Webcast
SURGENT
CLCP-2017-01-WEBNR-261-01
United States
Presenter: Dominique Molina, CPA, CTC


Online registration is available until: 9/16/2017
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Acronym XSCLCP17
CPE 2 hours
Vendor Surgent
Category
Taxation
Level Basic
Prerequisite None
Adv Prep None
Yellow Book? No
Designed for All tax preparers who may need to advise a client regarding an IRS debt they are unable to pay
Registration
Member $89
CPA Non-Member $114

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

The IRS is not a pleasant creditor and most taxpayers tend to ignore their problems leaving them exposed to liens, levies, and seizures. Of course all of this means emergencies that you are left to fix, often at night and on weekends when you receive that call of panic! During this fast paced and entertaining class, instructors David Stone, EA (a former IRS offers desk agent) and Dominique Molina, CPA, CTS will explore proactive ways you can work with your clients to relieve their anxiety and provide clear manageable options to alleviate their stress (and yours!).

Objectives

  • Identify ways to assist clients if they are unable to pay the IRS
  • Recognize the IRS practices and procedures in collecting your client's debt

Topics

  • The Collection Process
  • The 3 dreaded letters from the IRS
  • Phone Calls
  • In-person visits from agents
  • Liens, Levies and Seizures
  • Early Options: Accepted forms of payment, Installment Agreements, and Case
  • Assignments to Revenue Officers
  • Appropriate Forms: 433-A and 433-B
  • All about Installment Agreements
  • What will be approved?
  • Allowable expenditures
  • Form 911
  • Your rescue in cases of hardship
  • Offers in Compromise
  • Do's and Don'ts
  • Calculating Net Cash Flow
  • Current Practices
  • Circumstances where it will work to discharge IRS debts