Tax Collection Defense 2024

Overview

Tax collection issues can be as simple as responding to a bill or as complicated as a bankruptcy reorganization. To represent a client in a tax collection matter, a CPA should understand tax collection laws and practices. It is critical to understand the available options for resolving tax collection cases and the procedures for reaching those resolutions. This course will analyze applicable laws, procedures and potential resolutions, including the regulation of tax liens and levies and procedures available for resolving a tax collection matter. In detail, we’ll cover alternative resolutions, including installment agreements, offers in compromise and bankruptcy. I’ll detail the virtues of the collection due process procedures.

Highlights

• Assessment and attachment rules-tax assessment procedures and attachment of the assessment lien to property, including community property
• Tax liens-perfection and priority rules in general and for specific assets and relief from liens
• Tax levies and seizures-taxpayer rights and defenses; third party rights
• Dealing with the collection officers and representatives
• Collection appeals and resolutions
• Judicial actions: collection due process (CDP), injunctions and IRS suits.

Prerequisites

Working knowledge of resolving tax bills helpful or professionals who handle tax collection issues with the IRS, FTB, EDD and CDTFA.

Designed For

CPAs, attorneys and enrolled agents.

Objectives

• Understand the law of tax liens and levies, including attachment to property, perfection and priority over competing interests
• Identify the available procedures, including collection due process (CDP), other collection appeals and lien relief alternatives
• Determine and compare the options for resolving collection issues, including installment agreement and offer in compromise rules and discharging and resolving taxes in bankruptcy

Preparation

None

Notice

This course is offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).