Offers-In-Compromise: Navigating the Process

CPAs, EAs, CRTPs

While Congress has given the IRS the authority to compromise tax liabilities for less than the full amount due, the law never compels the IRS to accept an offer-in-compromise. Thus, the key to representing taxpayers in offer-incompromise situations is to be fully aware of the internal procedures and ground rules that the IRS has established for itself. By reviewing these procedures and showing you how to intelligently utilize the IRS rules for the benefit of your clients, this course will equip you to successfully navigate the sometimes treacherous waters of the offer-incompromise. The objectives of this course include familiarizing you with the basics of doubt as to liability and effective tax administration offers while providing you will specific tools and references for handling doubt as to collectibility cases. 

• Navigate the sometimes treacherous waters of the offer-in-compromise
• Identify the basics of doubt as to liability and effective tax administration offers
• Recognize the specific tools and references available for handling doubt as to collectibility cases