Offer in Compromise Basics
Wednesday, April 21st | 2pm-3pm Eastern
Of the three types of offers in compromise, doubt as to collectability (DATC) is by far the most common. This presentation addresses the essential elements of the DATC offer. Your speaker, ASTPS National Director Larry Lawler, CPA, EA, CTRS will cover acceptance criteria, income and allowable expenses, equity in assets, dissipation of assets, reasonable collection potential, non-liable persons, streamline offers, and the important terms of the OIC contract. He will also discuss IRS rejection of an OIC in favor of an installment agreement, and finally he will be sure to add some of the insights and tips you’ve come to expect from his presentations!
In this webinar we will cover:
- Acceptance criteria
- Income and allowable expenses
- Equity in assets, dissipation of assets
- Reasonable collection potential
- Non-liable persons
- Streamline offers
- Important terms of the OIC contract
- and More!
Participants will earn: 1.0 CPE/CE credit
Field of Study: Taxation
Price: FREE
Presented by: Lawrence Lawler, CPA, EA, CTRS
Larry has worked and consulted on literally thousands of IRS tax resolution cases during his nearly 50 year career. He is a frequent public speaker, a writer on professional topics, and a regular trainer of tax professionals nationwide. He has been a NY CPA since 1973 and is the managing partner of Lawler & Witkowski, CPAs, PC, the firm he established in 1973.
Additional Information:
Prerequisites: None
Who Should Attend: Any tax professional that wants to better understand how to represent troubled taxpayers.
Advance preparation: None
Program level: Intermediate – Attendees should possess the knowledge common to CPAs, EAs, and Attorneys.
Delivery Method: Group Internet Based
For more information regarding program concerns, or cancellation
policies, please contact our offices at (716) 630-1650 or send an email to info@astps.org.
The American Society of Tax Problem Solvers 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: www.NASBARegistry.org.
The American Society of Tax Problem Solvers (ASTPS) is an approved continuing education provider through the IRS.