Navigating IRS Collections: Overview of Form 433 & OIC (C67968)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

05/13/2025

Registration Open:

12:00 AM - 10:30 AM

Time:

10:30 AM - 12:30 PM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Taxes (2.00)

Level of Knowledge:

Intermediate

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation, you will be able to...

  • Identify the stages of the IRS collection process, from initial notice to enforced collection actions.
  • Recognize when Forms 433-A or 433-B are required and understand the information necessary to complete them.
  • Evaluate the criteria for submitting an Offer in Compromise (OIC) and outline the submission process.
  • Recall the different payment options available to taxpayers facing IRS collections.
  • Determine how to effectively advise clients on navigating the IRS collection process.
  • Minimize potential penalties and ensure compliance during the resolution process.
  • Assess the implications of different settlement strategies, including OIC and installment agreements.
  • Apply practical insights to real-world scenarios for resolving tax liabilities.

Highlights

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.

Speaker(s)

Prerequisites

None