Taxpayers are in love with the idea of making back-tax debts vanish for pennies on the dollar. This program will walk practitioners through the various options for resolving a back-tax debt, including installment agreements, uncollectible status, offers-in-compromise and bankruptcy, and when each resolution alternative should be considered.
Key topics to be discussed:
Offers-in-compromise and bankruptcy
When each resolution alternative should be considered
Eric is a managing partner in Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York. The focus of Attorney Eric L. Green’s practice is civil and criminal taxpayer representation before the Department of Justice Tax Division, Internal Revenue Service and state Departments of Revenue Services. He is a frequent lecturer on tax topics for many national organizations, including Insightful Accountant, CCH, the NAEA, the NATP, the ABA Tax Section and the Connecticut Society of CPAs. Attorney Green has served as adjunct faculty at the University of Connecticut School of Law. He was the author and lecturer of the University of Connecticut School of Business IRS Representation Certificate Program, and has served as a columnist for CCH’s Journal of Practice & Procedure. He is the founder of Tax Rep LLC which coaches accountants and attorneys on building their own IRS Representation practices, and is the host of the weekly Tax Rep Network Podcast.
Mr. Green is the author of The Accountant’s Guide to IRS Collection, The Accountant’s Guide to Resolving Tax Debts, The Accountant’s Guide to Resolving Payroll Tax Debts and The Insider’s Guide to Offers-in-Compromise.
I. Installment agreements | 1:00pm – 1:15pm
II. Uncollectible status | 1:15pm – 1:30pm
III. Offers-in-compromise and bankruptcy | 1:30pm – 1:45pm
IV. When each resolution alternative should be considered | 1:45pm – 2:00pm