We invite you to attend an insightful seminar entitled: "Window into the IRS". This four and a half-hour session will feature two comprehensive workshops: "IRS Offers in Compromise: A Case Study"; and "Navigating the IRS". A total of 5 CPE and 5 CLE credits may be earned by attending this event.
*8:00-8:30 am: Registration and Hot Breakfast Buffet
Our Seminar will be taking place at the Mercer County Community College Conference Center, 1200 Old Trenton Road, West Windsor, NJ 08550. A full, hot breakfast buffet will be served. For directions to the Mercer County College Community Center, please see the link on our Registration Page: REGISTRATION AND DIRECTIONS
This comprehensive workshop takes participants on a hands-on journey through the entire IRS Offer in Compromise ("OIC") process,
including how to effectively complete the appropriate financial disclosure package for individuals (Form 433-A (OIC) and Form 656).
The program will provide you with skills that will enable you to:
* Compute Reasonable Collection Potential (RCP) for OICs in light of the rules established in May, 2012
and updated forms of January 2015;
* Determine acceptable Installment Agreement levels;
* Determine whether a taxpayer qualifies for Currently Not Collectible Status;
* Advise clients regarding pre-submission planning for OICs; and
* Understand the practical considerations in collection cases.
This segment covers how to represent your clients before the IRS, from the first phone call through the resolution of the problem. The program details the steps in a tax controversy, describes tools and practical guidance in dealing with the IRS, and discusses alternative resolution scenarios in dealing with collection matters. Handouts include numerous sample letters, such as penalty abatement letters, engagement letters, Examination Appeals, Request for Third Party Contacts, FOIA requests, and filled-in IRS forms (i.e., 2848, 8821, 9423, 12153, 911). The program will also discuss the current status of Streamlined Installment Agreements and Levy Withdrawals.
Additional areas which can be covered during this 100-minute program include Collection Due Process Hearings (form 12153), Collection Appeal Requests (form 9423), Lien Withdrawals (form 12277), Streamlined Direct Debit Installment Agreements (form 9465), preparing federal tax summaries, penalty abatement letters and freedom of information act requests. The program talks about alternatives available to satisfy debts to the IRS with a detailed discussion about common threads to installment agreements and tools available to the IRS in the collection process.
For Directions and Seminar Registration, please see: REGISTRATION AND DIRECTIONS