The major topics that will be covered in this course include:
- Overview of the IRS collection process and enforcement actions.
- Initial notices, taxpayer rights, and IRS timelines.
- When to use Forms 433-A or 433-B and required documentation.
- Offer in Compromise (OIC): criteria, process, and practical considerations.
- Payment options: installment agreements, partial payment plans, and OIC.
- Advising clients on IRS collections and avoiding penalties.
- Compliance strategies for minimizing tax liabilities.
- Real-world scenarios and examples for tax debt resolution.