Appeals – Our Role in Resolving Offers in Compromise
Target Audience: CPAs, EAs, RTRPs
Field of Study: Taxation (NASBA); Federal Tax (IRS)
Seminar Level: Beginner
IRS COMMUNICATIONS AND LIAISON IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. STATE BOARDS OF ACCOUNTANCY HAVE FINAL AUTHORITY ON THE ACCEPTANCE OF INDIVIDUAL COURSES FOR CPE CREDIT. COMPLAINTS REGARDING REGISTERED SPONSORS MAY BE SUBMITTED TO THE NATIONAL REGISTRY OF CPE SPONSORS THROUGH ITS WEBSITE: WWW.LEARNINGMARKET.ORG.
DISCLAIMER: THIS SEMINAR WAS FILMED IN ORLANDO, FLORIDA, ON JULY 12, 2011, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.
The Appeals organization delivered this seminar at the IRS Nationwide Tax Forum in Orlando, Florida, in July 2011.
This presentation offers an insider’s tour of the process beginning with the request for Appeals consideration of a rejected offer in compromise and ending with the case closing from Appeals. This presentation focuses on today’s most misunderstood aspects of this type of case and provides tools and strategies you can use now to represent your client effectively through the Appeals process. This session also explores and defines such topics as reasonable collection potential, necessary expenses, dissipated assets, economic hardship as it applies to Effective Tax Administration (ETA) offers, Tax Increase Prevention & Reconciliation Act (TIPRA) statutes, available alternative dispute resolution strategies (subject to geographic availability), and more.
- Understand the primary role of Appeals in the offers in compromise (OIC) appeal process
- Know about ex parte communications and to what it applies in the Appeals process
- Hear about the most commonly-disputed issues in Appeals
- Learn about three Alternative Dispute Resolution programs
UPDATE: The Post Appeals Mediation and Arbitration of OIC field testing discussed at the end of this seminar concluded in 2012. These are now available nationwide.
No prerequisites or advanced preparation are required for this seminar.