An offer in compromise is an agreement between a taxpayer and the IRS that settles the tax debt owed for a set price. There are two types of offer I'm compromises that will be covered in this presentation. Everyone that requests an offer in compromise is not granted one. It is based on what the IRS believes the taxpayer is able to pay. We will cover how to determine what the IRS believes a taxpayer can pay and if they're eligible for an offer in compromise or another payment option.


Areas covered in this Training –

-Learn what an offer in compromise is between the taxpayer and IRS.
-Learn the difference between and administrative offer and doubt as to liability offer.
-Learn what the IRS considers when looking at an offer in compromise.
-Learn the paperwork necessary to turn in to submit an offer in compromise.
-Learn the payment terms of an offer in compromise.
-Develop a better understanding of the work that goes into properly filling out an offer in compromise.


Why Attend this Training-

After the end of this event, participants will have an understanding of who qualifies for an Offer in Compromise. They will know what the IRS looks at to determine if they qualify or should look at another payment option. Participants will also know the appropriate paperwork to fill out based on the type of offer they are making on behalf of their client.


*NOTE - Participants will see example of Offer in Compromise paperwork filled out.


Suggested Attendees-

-Tax professionals that are authorized to present their clients before the IRS
-Tax professionals that are interested in the different services that can be offered under tax representation.
-Taxpayers who owe back taxes to the IRS and are struggling to pay the full amount owed.
-Tax professionals
-Enrolled Agents
-Tax Attorneys, who advise clients on tax matters
-Small business owners who have fallen behind on their tax obligations.
-Financial advisors who want to help their clients resolve tax debt issues.
-Anyone interested in learning more about the IRS Offer in Compromise program and how it works.


We Are An Accredited Provider Of

2021 HRCI Approved Provider Seal