Offers in Compromise - Understand Preparation Submission And Negotiation


Jul 25,2024

PRESENTER(s): Daniel J. Pilla

1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 120 Minutes
  • Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
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  • Web Download / e-Transcript will be shared in 7 working days from the date of webinar

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

An offer in compromise (OIC) is an option offered by the IRS that allows a taxpayer to settle their debt for less than what is actually owed. This option is great for a taxpayer because it gives them a fresh start with the IRS, but the ultimate goal of an offer in compromise is to come to a legal agreement for payment that’s in the best interest of both the taxpayer and the IRS.

This course offers a fundamental exploration into the world of IRS Offers in Compromise, aimed at tax practitioners seeking to broaden their service offerings. It delivers practical insights into evaluating if and when an Offer in Compromise represents the optimal route for clients challenged by outstanding IRS debts. Financial professionals will delve into the essential criteria for taxpayer eligibility, discovering a clear path to assist clients in navigating this complex filing option.

Structured in an easy-to-follow format, this class provides the tools to assess a taxpayer’s position accurately, understand the requisite information for an Offer in Compromise, and handle the form preparation with confidence. With an array of sample forms and financial statements at hand, practitioners will leave the course equipped to effectively manage client consultations from start to finish, instilling a deepened confidence in their tax negotiation capabilities.

Session Highlights:
  • Financial analysis of IRS collection outcomes
  • Steps to take in seeking resolution for your clients
  • Options for resolution: Offer in Compromise, Payment Plan, Currently Not Collectible
  • IRS resolution process and workflow efficiencies
  • Differentiate which type of OIC is appropriate
  • Recognize how to prepare the OIC and present the offer
  • Identify functions of an IRS field team visiting employers who are delinquent on their payroll tax payments
  • Identify the taxpayers' role when it comes to Effective Tax Administration (ETA)
  • Recognize if there is any way to get the IRS to accept the higher numbers, if your client's expenses are well over the National Standards
  • Identify what you should do when sending documents to the IRS
  • Describe the percentage of submitted Offers in Compromise (OICs) does the IRS accept (rounded to the nearest percentage)
  • Recognize what level of tax liability will a taxpayer's file be turned over to Revenue Officers (ROs) in the field

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • NASBA Sponsor: 146439
  • IRS Course ID: PJGWS
  • Attendance Requirement:  Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Who Will Benefit:

  • Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Professionals
  • Tax Attorneys
  • Tax Compliance Managers
  • Other Tax Preparers
  • Accountants

Coder Archives 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:

Speaker Profile:

Daniel J. Pilla is a tax litigation consultant, premier proponent and advocate of taxpayer rights. For over three decades, Dan has been tremendously successful in his negotiations with the IRS. Regarded as one of the country’s premiere experts in IRS procedures, Dan provides people across the country with sound solutions to their tax-related problems. He has helped countless thousands of citizens solve personal and business tax problems they thought might never be solved. Furthermore, Dan’s proven techniques can effectively prevent IRS problems before they begin.

Dan is the author of over fourteen books, dozens of research reports and hundreds of articles. Dan’s work is regularly featured on radio and television as well as in major newspapers, leading magazines and trade publications nation-wide. His books have been recommended by prominent magazines and financial publications such as the Wall Street Journal, Money, Family Circle, Investor’s Business Daily. The Wall Street Journal ranked Dan's book, “The IRS Problem Solver”, as the number one tax book in America. Dan has written or contributed to major articles for Reader’s Digest, National Review, Reason, USA Today Magazine and others.

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