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As tax filing deadlines pass, many taxpayers are left facing significant outstanding tax liabilities they cannot realistically pay in full. For tax professionals, understanding how to navigate IRS collection alternatives and resolution programs has become increasingly important in helping clients manage financial hardship and avoid aggressive collection actions.

This webinar provides a practical and detailed overview of the IRS Offer in Compromise (OIC) program and the broader IRS Fresh Start initiative. Participants will learn how the IRS evaluates settlement requests, reviews financial disclosures, and determines whether a taxpayer qualifies for compromise consideration under current 2026 collection standards.

The session will focus on the technical and strategic aspects of preparing successful Offers in Compromise, including calculating Reasonable Collection Potential (RCP), analyzing taxpayer financial conditions, preparing Forms 656 and 433-A/B OIC, and avoiding common procedural mistakes that frequently lead to offer rejection.

Attendees will also gain practical guidance on evaluating alternative collection options, understanding the three legal bases for an offer, navigating IRS examiner interactions, and developing resolution strategies that align with current IRS collection priorities and taxpayer rights.

Through real-world case studies, procedural examples, and compliance-focused instruction, participants will strengthen their ability to manage complex tax resolution matters and improve outcomes for clients facing significant IRS liabilities.

Overview of the IRS Fresh Start Program and collection resolution options

Understanding the purpose and structure of the Offer in Compromise (OIC) program

Evaluating whether a taxpayer qualifies for:

  • Offer in Compromise
  • Installment Agreement
  • Alternative collection resolutions

Calculating Reasonable Collection Potential (RCP)

Applying IRS national and local financial standards for:

  • Housing expenses
  • Transportation expenses
  • Living expenses

Analyzing taxpayer income, assets, and future earning potential

Understanding how the IRS determines Quick Sale Value (QSV) for assets

Preparing and completing:

  • Form 656
  • Form 433-A (OIC)
  • Form 433-B (OIC)

Avoiding common filing and documentation mistakes that trigger rejection

Understanding the three legal bases for an Offer in Compromise:

  • Doubt as to Collectibility
  • Doubt as to Liability
  • Effective Tax Administration

Managing initial payment requirements and the 24-month payment rule

IRS intake procedures and “processible” offer requirements

Communicating effectively with the IRS Centralized OIC Unit

Navigating IRS examiner reviews and the appeals process

2026 IRS policy updates and collection priority considerations

Impact of recent legislative and regulatory developments on tax resolution procedures

Case studies involving high-dollar tax debt settlements

Best practices for tax professionals managing IRS collection matters

Strategies for improving acceptance rates and reducing procedural delays

Certified Public Accountants (CPAs)

Enrolled Agents (EAs)

Tax Attorneys and Tax Resolution Professionals

Tax Preparers and Tax Advisors

Bookkeepers and Accounting Professionals

Tax Managers and Controllers

Business Owners dealing with IRS collection issues

Professionals responsible for taxpayer representation and IRS negotiations

Advisory and Compliance Professionals

Anyone seeking practical guidance on IRS Offer in Compromise procedures and tax resolution strategies

Credits & Additional Information

IRS / CPE Credits: 2.0 TAX

Delivery Method: Group Internet-Based

Session Format: Live Virtual Webinar with Q&A

Program Level: Intermediate

Prerequisites: Basic familiarity with IRS collection procedures recommended

Attendance Requirement: Required for live CPE credit