The IRS Collection Process

Many practitioners believe IRS collection activities to be random when in fact the process is a very direct and formulaic approach to resolving back tax debts.  This program will explain the process so you can easily understand where your client is in the collection process, and where the opportunities exist to resolve your client’s back-tax issue.  The program includes sample forms and letters so practitioners can see what the various IRS notices look like and recognize them when they show up.

• Understand how the IRS Collection Process works
• Explain the impact of the ten-year collection statute on collection alternatives
• Describe how tax liens work
• Understand the mechanics of a tax levy
• Describe what the four collection alternatives are and when to select one over the other