DET710. A Guide to Tax Resolution: Solving IRS Problems - 12 Hours

Transcription

1 DET710 A Guide to Tax Resolution: Solving IRS Problems - 12 Hours Course Objectives and Outline Chapter 1 - IRS Overview and Taxpayer Rights 1. List the mission of the IRS. 2. State the role of Taxpayer Advocate. 3. Outline taxpayer rights. 4. List ten Deadly Sins. 5. Describe the role of the Practitioner Priority Service. 6. Work with the IRS to Resolve the Taxpayer s Problem. Chapter 2 - Which Option is Best? Alternative to an Offer in Compromise Upon completion of this chapter, you will b able

2 1. List options commonly employed to resolve a tax collection matter. 2. Fully pay the tax owed. 3. File unfiled returns to replace Substitute for Returns (SFRs). 4. Dispute the tax on technical grounds. 5. Describe Currently Not Collectible. 6. Explain installment Agreements. 7. Define Offers In Compromise. 8. Outline Penalty Abatement. 9. Discharge taxes in bankruptcy. 10. Consider Innocent Spouse. 11. Describe when the Collection Statute expires. Chapter 3 - How to Determine When a Taxpayer Needs Professional Help Upon completion of this chapter, you will be able to 1. Determine if you can handle your own case. 2. State how to select the best tax consulting firm. 3. List tax professionals to consider. 4. Describe how to find a tax professional. Chapter 4 - Statutes of Limitations

3 1. Define the statute of limitations. 2. Explain three-year statute of limitations. 3. State special statute of limitations rules. 4. Differentiate between six-year statute of limitations and three-year statute of limitations. 5. Outline scope of no statute of limitations. 6. Explain when the statute of limitations on collections is suspended for an installment agreement? 7. Describe when the statute of limitations on collections is suspended for an offer in compromise? 8. State when the statute of limitations on collections is suspended for bankruptcy? Chapter 5 - Liens and Levies 1. Describe how liens and levies work. 2. Explain why wage garnishments are use by the IRS. Chapter 6 - Filing Unfiled Returns and Replacing Substitute for Returns 1. File unfiled returns. 2. Explain the reason for replacing substitute for returns (SFRs). Chapter 7 - Installment Agreements

4 1. Outline IRS payment plans. 2. Detail what installment agreements involve. Chapter 8 - Delayed Collection and Currently Not Collectable Status 1. Explain how delayed collection works. 2. List reasons the IRS may close your case as uncollectible. Chapter 9 - Offers in Compromise 1. Describe what the IRS offer in compromise (OIC) program Is. 2. Process your offer in compromise. 3. Make offer in compromise determinations. 4. Perform financial analysis. 5. Explain collateral agreements. 6. Outline possible actions on accepted offers. 7. Describe how Tax Increase Prevention and Reconciliation Act of 2005 (T1PRA) Section 509 affects the OIC program.

5 Chapter 10 - How to Complete Form 656 (Offers in Compromise) 1. List OIC documentation required. 2. Determine if an offer in compromise is the right payment option for you. 3. Outline step by step completion of OIC forms. 4. Illustrate important information you need to know regarding the offer in compromise. CHAPTER 11 - Innocent Spouse Defense Upon completion of this chapter, you will be able to 1. Define innocent spouse defense. 2. Explain Innocent spouse rules. CHAPTER 12 - Other Options Upon completion of this chapter, you will be able to 1. State how to use the bankruptcy laws. 2. Describe how the bankruptcy laws relate to your tax problems. 3. Demonstrate how to deal you payroll tax problems. 4. Differentiate between audits and appeals.

6 Chapter 13 - Frequently Asked Questions (FAQs) Upon completion of this chapter, you will be able to; 1. Answer a variety of frequently asked questions (FAQs) regarding tax-related matters.