IRS Collections and Installment Arrangements

A letter from the IRS can be anxiety inducing. With IRS collections likely to ramp up in the future, tax pros will need to know about IRS collection activities – as well as how to challenge them. This course looks at the codes, processes, and forms involved with IRS collections.

2 CPE credits.

Last Revision: April 2023

$32.00
  

Prerequisites

Prerequisites are not necessary to participate in this course and no advance preparation is needed. Course Level: Basic

Course Description

This course is also available as part of a bundle called “When Things Go Wrong & How to Fix It.” You can save money by purchasing the bundle.

With IRS collection clearly continuing and likely to ramp up in the future, chances that any tax professional will need to be conversant with their collection activities and the methods available to challenge them is increasing. It is to that end this course addressing IRS collections is addressed.

After completing this course, students should be able to:

  •          Identify the rights specified in the Taxpayer Bill of Rights;
  •          Describe the maximum period of time the IRS may collect taxes due from a taxpayer;
  •          List the tax payment alternatives available to a taxpayer;
  •          Recognize the IRS decisions that may be challenged by a taxpayer; and
  •          Compare the Collection Due Process and Collection Appeals Program.

CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
NASBA 2 Self-Study Taxes N/A 103137
CTEC 2/0 Self-Study Federal Tax Law 3038-CE-0286 3038
IRS 2 Self-Study Federal Tax Law FQTGU-T-00572-23-S FQTGU
Texas State Board of Accountancy 2 Self-Study Taxes 100400 002921
Pennsylvania State Board of Public Accountancy 1 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Other Details
Last Revision April 2023
Course Expiration The CPE portion of this course expires one year from date of purchase
DrakeCPE Course Policies and CPE Affiliations