There are many different types of Installment Agreements offered by the IRS and it can be difficult to figure out which one(s) your client qualifies for, or what the best option may be. This course will review the various types of IRS Installment Agreements as well as the steps necessary to establish and maintain the Installment Agreement with Automated Collection Systems (ACS). Including Streamline Installment Agreements, Non-Streamline Installment Agreements, and Partial Pay Installment Agreements. Additionally, you will be shown the role software can play in evaluating and calculating Installment Agreement options.

Learning Objectives :-

• Outline the taxpayer requirements to establish and maintain an Installment Agreement


• Determine the differences between Streamline, Non-Streamline, and Partial Pay Installment Agreements


• Evaluate how to calculate and evaluate the Installment Agreement options to pick the one that is best for the taxpayer


• Summarize the Review of Best Practices in establishing Installment Agreements with Automated Collections System (ACS)

Who Should Attend?

• CPA
  
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
  
• Financial planners

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
• Attendance Requirement:  Yes
• Session Duration: 2 Hours
• Case Studies and Live Q&A session with speaker
  
• PowerPoint presentation for reference

Speaker Profile:

Catharine O'Connor

Catharine is a skilled attorney with diverse experiences in managing client relationships and employees. Since 2012, she has successfully helped clients and employees navigate the complex and bureaucratic rules of the Internal Revenue Service.