IRS Collections and Installment Arrangements (Course Id 2058)

Taxes - Taxes for Course Id 2058

Although, as reported in the National Taxpayer Advocate blog, the IRS suspended the automatic mailing of collection notices routinely sent when a taxpayer owes federal tax on February 5, 2022 to give the IRS an opportunity to clear its processing backlogs, such automatic mailings are likely to recur and, meanwhile, other IRS delinquent collection activities continue unabated. Statistics for fiscal year 2022, show the IRS ending inventory with a balance of assessed tax, penalties and interest exceeding $120.2 trillion, enforcement activity involving more than 430,000 taxpayers, and 3.7 million taxpayers paying tax liabilities under installment agreements.

With IRS collection clearly continuing and likely to ramp up in the future, chances that any tax professional will need to be conversant with their collection activities and the methods available to challenge them is increasing. It is to that end this course addressing IRS collections is addressed. 

NASBA QAS - Text - NASBA Registry - IRS Enrolled Agents - 2058

Course Learning Objectives

• Identify the rights specified in the Taxpayer Bill of Rights;
• Describe the maximum period of time the IRS may collect taxes due from a taxpayer;
• List the tax payment alternatives available to a taxpayer;
• Recognize the IRS decisions that may be challenged by a taxpayer; and
• Compare the Collection Due Process and Collection Appeals Program.

Chapter 1
IRS Collections & Taxpayer Rights

• List the rights granted taxpayers in the Taxpayer Bill of Rights;
• Identify the maximum period of time in which the IRS may collect taxes due from a taxpayer;
• Describe the IRS tax collection process;
• Recognize the tax payment alternatives available to a taxpayer; and
• Describe a taxpayer’s right to challenge an IRS decision.

Chapter 2
Challenging an IRS Decision

• Identify the types of IRS decisions taxpayers may challenge in Collection Due Process (CDP) and Collection Appeals Program (CAP) hearings;
• Describe the period of time taxpayers have to request a CDP or CAP hearing;
• Recognize the notification requirements the IRS must meet before seizing taxpayer property to satisfy a tax liability;
• List the venues in which an Office of Appeals hearing may take place; and
• Describe the objectives of Fast Track Mediation.

Course Learning Objectives

Course Introduction

Chapter 1 - IRS Collections & Taxpayer Rights

Learning Objectives

Introduction

Taxpayer Bill of Rights

Tax Collection Statute of Limitations

IRS Enforced Tax Collection Methods

The Billing Process

Tax Payment Arrangements

Payment Plans

IRS Rejection of a Payment Plan

Getting Rid of a Federal Tax Lien

Obtaining a Discharge of Property

Subordination

Withdrawal

Private Collection Agencies

What to Expect when a Client’s Account is Assigned to a PCA

IRS Employee Retention Credit Voluntary Disclosure Program

Participant Eligibility

How the Program Works

Participant Requirements

Summary

Chapter 1 Review

Chapter 2 - Challenging an IRS Decision

Learning Objectives

Introduction

Stopping the Collection Action

Bankruptcy

Considering an Appeal

Appealing IRS Decisions

Collection Due Process

Requesting a Collection Due Process Hearing

Office of Appeals Response to a Request for a Hearing

Collection Appeals Program

Appealing a Lien, Levy, or Seizure Action

Manager Conference Request & Suspension of Collection Action

IRS Office of Appeals Review & Suspension of Collection Action

Completing Form 9423

Collections Appealed Under CAP

Appealing a Lien or Levy

Appealing IRS Denial of Request to Release or Return Wrongfully Seized Property

Appealing an IRS Installment Agreement Decision

Result of Taxpayer’s CAP Appeal

Appeal of Other Collection Actions

Fast Track Mediation

Mediation Eligibility

Excluded Cases/Issues

The Mediation Process

Summary

Chapter 2 Review

Glossary