Settling IRS Tax Debt




Course Description

This course provides the tools needed to successfully deal with the IRS when addressing and settling a tax debt. It presents information on the most common way taxpayers attempt to reduce their tax debts – the Offer in Compromise (OIC). It also reviews the bankruptcy code and provides details on penalties and interest that can accrue. This basic tax course does not require any prerequisites and may be taken by anyone, however we recommend this course for existing tax preparers. This course qualifies for 4 CE credits in IRS Federal Tax Law.


Learning Objectives

  • Recall the characteristics of the various installment agreements available to taxpayers
  • Identify under what circumstances the IRS can abate penalties and interest


IRS Program Number: YH9W1-T-00135-23-S
CE Credits: 4 hours
IRS Category: Federal Tax Law
Delivery Type: Online Self-Study
Exam Questions: 20

-To stay current with the IRS Tax Laws, exam access will expire after 1 year from the course purchase date. Your account will remain active which allows you to retrieve your Order history, Course Certificate, and Course Materials.