course

IRS Representation Series - Getting Organized to Resolve Collection Issues

(1)
5
New Course
2 Hours (On-Demand)
2.0 CPE  

This is a Premium course and can either be enrolled by curriculum or by Premium Subscription

Learn how to resolve collection issues with an overview of the qualifications for and benefits of each type of resolution, as well as a detailed guide to which resolutions offer the best outcome for each client.

This course covers the following topics:

  • How to get paid by clients in trouble.
  • What Information to Gather and How.
  • Understand the Statutes.
  • Evaluate your options.
  • Determine your strategy.
  • Set Plan of Attack.
  • Contact IRS & Set the stage.
  • Provide documentation.
  • Be Prepared to wait & educate your client.
  • Re-evaluate & Follow-up.

 

Learning Objectives
  • Discover how to get paid by clients in trouble.
  • Explore what Information to gather and how.
  • Identify how to understand the Statutes.
  • Recognize how to evaluate your options and determine your strategy.
  • Discover how to be prepared to wait & educate your client.
  • Explore how to re-evaluate & follow-up.
Last updated/reviewed: January 17, 2023

Included In Certifications

This course is included in the following Certification Programs:

10 CoursesTax Resolution Specialist Certificate

  1. IRS Representation Series - Foolproof Tips to Release IRS Levies on Paychecks or Bank Accounts
  2. IRS Representation Series - Getting Organized to Resolve Collection Issues
  3. IRS Representation Series - Doing Offer-in-Compromise: How to Complete the Form 656 Application
  4. IRS Representation Series - Tips and Tricks for the 433s Needed to Secure an Offer in Compromise
  5. IRS Representation Series - Winning the 1040 Audit
  6. IRS Representation Series - Steps to Take After SUCCESSFUL Collections or Audits
  7. IRS Representation Series - When Collections and Audits Fail
  8. IRS Representation Series - Reducing IRS Assessments for Interest & Penalties
  9. IRS Representation Series - Conflicts of Interest
  10. IRS Representation Series - Circular 230 Ethics and Updates
1 Review (1 rating)

Reviews

5
Member's Profile
Well written and designed. Very informative! Nicely presented
Prerequisites
Course Complexity: Foundational

IRS Practice Series: Overview of Collection Issues (or equivalent knowledge)

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Getting Organized to Resolve Collection Issues1:26
  Step-1: Collect Your Fee First4:52
  Step-2: Gather Information16:18
  Step-3: Understand the Statutes of Limitations11:20
  Step-3: Understand the Statutes of Limitations Cont'd10:00
EVALUATING OPTIONS
  Step-4: Know and Evaluate Your Options15:45
  Options-Installment Agreement14:04
  Options-Currently not Collectible7:02
  Options-Offers in Compromise16:04
  Options-Bankruptcy5:54
STRATEGIES AND PLANS
  Step 5-6: Discuss Options with Client and Determine Your Strategy 12:10
  Step 7-9: Contact IRS and Set the Stage and Provide Documentation5:58
  Step 10: Re Evaluate and Follow Up1:24
CONTINUOUS PLAY
  IRS Representation Series - Getting Organized to Resolve Collection Issues2:02:16
SUPPORTING MATERIAL
  Slides: IRS Representation Series - Getting Organized to Resolve Collection IssuesPDF
  IRS Representation Series - Getting Organized to Resolve Collection Issues Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam