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Course Description

An Offer-in-Compromise (OIC) allows taxpayers to reach an agreement with the IRS to pay less than the total owed.  Learn about the three different types of OICs that are available to your client – and how to use them to your advantage. And how to legally reduce the clients’ cash flow and assets to generate the lowest offer - legally.

You don’t need to be an expert at collections representation to handle these issues after you’re done with this series of courses. And you won’t need to refer your clients to other tax experts. This course is for tax practitioners who want to protect their clients from IRS' predatory collections action, develop the skills to prevent and/or resolve IRS collections actions, and want to grow their business into this rapidly expanding market.

You can get started today and you'll have 365 days access to all materials so that you can work through the course at your own pace.

If you have questions about whether or not this course is the right fit for your needs, please feel free to contact our customer support team via email or call us (or text message us) directly (310) 422 - 1283.


Course Objectives

  • Differentiate which type of Offer In Compromise (OIC) is appropriate

  • Recognize how to prepare the OIC and present the offer

  • Identify the rare taxpayer that might qualify for Effective Tax Administration (ETA)

  • When your client's expenses are well over the National Standards – what are the options?

  • Identify what to do when sending documents to the IRS

  • Understand when a taxpayer's file be turned over to Revenue Officers (ROs) in the field

  • Understand why the IRS would even consider an OIC when they have the power to collect the money, attach assets, levy wages, and bank accounts

  • Identify which set of expenses the IRS must use when preparing the monthly income and expense statement on any version of Form 433

  • Learn acceptable negotiation strategies

  • Understand the taxpayer’s probationary conditions once an offer is accepted

Topics Covered

  • Understanding the “Offers” - Doubt as to Liability

  • Understanding the “Offers” - Effective Tax Administration

  • Understanding the “Offers” - Doubt as to Collectability

  • Influence/optimize the outcome

  • Strategies for Offers

  • Presenting the Offer

  • Setting Expectations

  • Plan for Appeals

Student Reviews

William Patterson

5 star rating

“The information was very well presented.”

“The information was very well presented.”

Read Less

Jesus Serna

5 star rating

“Very informative which helps me to stay the heck away from OICs! Why would you want to tangle with the IRS on OIC and be unappreciated by the client after they give you GRIEF about the fees charged. Keep life simple... life is short!”

“Very informative which helps me to stay the heck away from OICs! Why would you want to tangle with the IRS on OIC and be unappreciated by the client after they give you GRIEF about the fees charged. Keep life simple... life is short!”

Read Less

Meet Your Instructor

Eva Rosenberg is the Internet’s TaxMama®. She answers tax questions, provides a free daily TaxQuips podcast and weekly Ask TaxMama® ezine, and a wealth of resources to help folks like you deal with your personal and business tax issues at www.TaxMama.com. Eva was a syndicated national columnist, writing a tax column for Dow Jones’ www.MarketWatch.com for nearly 15 years. She is a best-selling, award-winning author of several books, and is widely regarded as one of the best tax teachers the world has ever known.

Eva Rosenberg, EA, MBA


Course curriculum

  • 01

    Getting Started

    • Before You Start, PLEASE READ THIS!

    • Getting Started Quiz

  • 02

    The Materials

    • Glossary

    • Section 1 - Slides (PDF)

    • Section 1 - Video Training

    • Review Questions - Section 1

    • Section 2 - Video Training

    • Section 2 - Slides (PDF)

    • Review Questions - Section 2

    • Exam Questions

    • Live Q & A Recording (VIP Guest Carlos Samaniego, EA)

  • 03

    Final Steps

    • IMPORTANT --> Finalizing Your CE / CPE Credits, Hours Reporting Timeline, Etc.

    • 5 Minute Feedback

Additional Course Details

  • Education Provider: Pronto Tax School, Inc.
  • Instructional Delivery Method: QAS Self-Study Program
  • Recommended CPE Credit: 2 hours
  • Recommended CE Credit: 2 hours
  • NASBA Field of Study: Taxes
  • Program Knowledge Level: Advance
  • Prerequisites: General knowledge of federal tax law and its practical application. 
  • Advance Preparation: None
  • NASBA Sponsor: Pronto Tax School, Inc.
  • NASBA Sponsor #143984
  • IRS-Approved Education Provider: Pronto Tax School, Inc.
  • IRS Course Number: MPMDK-T-00080-20-S
  • Refund / Cancellation Policy: Full refund available within 14 days of purchase if you are unsatisfied for any reason (except if course completed more than 75%, in that case, there will be no refund available, even if within 14 day period).
  • Complaint Resolution Policy: Click the green "Need Help?" button below to contact our support team anytime. We resolve any issues amicably and working as a teammate with our valued Members.

Pronto Tax School, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. 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.

Also find this course bundled inside the Series and the Dream Team Membership

Become a Pronto Tax School Member:

  • CTEC Dream Team

    This course is part of the Tax Mama series which is included in the Dream Team Membership.

    $2,997.00 / year

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