Course Syllabus
Course Description
Although, the IRS suspended the automatic mailing of collection notices routinely sent when a taxpayer owes federal tax on February 5, 2022 to give the IRS an opportunity to clear its processing backlogs, use of such automatic mailings is likely to recur and, meanwhile, other IRS delinquent collection activities continue unabated. Statistics for fiscal year 2021, show the IRS ending inventory with a balance of assessed tax, penalties and interest exceeding $133.4 trillion, enforcement activity involving more than 500,000 taxpayers, and 3.8 million taxpayers paying tax liabilities under installment agreements.
With IRS collection clearly continuing and likely to ramp up in the future, chances that any tax professional will need to be conversant with IRS collection activities and the methods available to challenge them is increasing. It is to that end this course addressing IRS collections is addressed. This is a basic tax course with no prerequisites, and qualifies for 2 CE credits in the IRS Federal Tax Law category.
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.
Course Assignments
- Study each Chapter
- Answer review questions at the end of each chapter
- Pass the Final Exam with a score of 70 percent or better
Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.
Course Materials:
- Download Course Materials <–To Download this file to your computer, Right-click the link and chose “Save File As”