myCPE
myCPE

Offer in Compromise Strategies 2 Credits

Feb 19, 2025, 12:30 PM ET

Offer in Compromise Strategies 2 Credits

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Feb 19, 2025, 12:30 PM ET

Learning Objective

  • Identify essential documentation for accurate Offer in Compromise submissions.
  • Analyze case studies to understand different strategies for tax resolution.
  • Evaluate the impact of personal circumstances on OIC eligibility outcomes.
  • Understand IRS timelines and processes for Offer in Compromise cases.
  • Develop strategies for addressing issues with denied or returned OICs.

Course Overview

Navigating the complexities of an Offer in Compromise (OIC) with the IRS can be daunting for tax professionals and clients. With ever-evolving guidelines and the IRS’s rigorous evaluation process, understanding how to craft a successful OIC is crucial for anyone dealing with tax debt. 

This CE Course aims to demystify the OIC process by breaking down key strategies and providing actionable insights to differentiate between a rejected offer and a successful resolution. We'll delve into the fundamental components of an OIC, including the critical factors that influence the IRS’s decision. We will explore how to accurately assess a client's financial situation, from calculating the Reasonable Collection Potential (RCP) to understanding the impact of recent IRS policy changes on refund offsets and hardship relief. 

Key topics covered:

  • The Calculation of the OIC
  • Phantom Income Challenges
  • Documentation Accuracy Importance
  • OIC Submission Timelines
  • Tax Debt Resolution Strategies

Join us as we uncover essential tips and best practices for maximizing your client’s chances of securing an OIC. Attendees will gain practical knowledge on how to perfect Form 433-A OIC and strategically manage client expectations throughout the process.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal Tax Law Update for Enrolled Agents (EA) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal Tax Law Update for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal Tax Law Update for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1812) 2 CE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Federal Tax Law Update for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal tax-related matters for LTC (Approval No. GEHNZ-U-02242-24-O) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal Tax Law Update for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal Tax Law Update for Enrolled Agents (EA) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal Tax Law Update for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal Tax Law Update for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1812) 2 CE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Federal Tax Law Update for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved
Federal Tax Law Update for LTC (Approval No. GEHNZ-U-02242-24-O) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal Tax Law Update for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-U-02242-24-O) 2 CE Approved

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State 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.

Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE Credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent. 

About Instructor

Marc Dombrowski
Marc Dombrowski , EA

Owner, Tax Help Associates

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Marc J. Dombrowski, EA specializes in IRS/State Collections Cases, settlements with the IRS, Tax Lien Releases and Corporate Officer Assessments.  He has lectured since 1994 on advanced collection topics. As an Enrolled Agent, he is licensed to practice before the IRS in all 50 states. He received the NAEA President’s Award for his contributions to the practitioner community.

As an educator, he received the NAEA’s Excellence in Education Award. He is a former contributor to CNBC, the NAEA's EA Journal and the Wall Street Journal Online. He is a Level I, Level II, Level III and Graduate Level instructor with the National Tax Practice Institute. In addition to several Chapter EA speaking engagements, he has spoken for the NYS Society of EA's, CA Society of EA’s, Florida EA Society, Missouri Society, NJ Society, Tennessee, Washington, Arizona, Michigan, Georgia, Louisiana, New England EA’s, Utah EA Society, NATP and the Ohio EA Society's Annual Convention(s).  He has collaborated with Tax Practice Pro to provide several Collections Webinars and Podcasts that qualify for Continuing Education on IRS and State Collection Topics. Marc is also a FINRA Arbitrator.

Through his extensive national experience solving a variety of business & personal tax and debt problems, Marc has gained experience in resolutions to fit any situation. “There is no problem, big or small, that cannot be resolved; there is always a light at the end of the tunnel, just take the time to talk to me about it.”

He is also available for birthday parties under gatherings of 10 people (from the same household).

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

JL

Joseph Lisandrillo, EA
5

An excellent course. Going in I knew very little about OIC but now thanks to the lecture and handouts are have a solid working knowledge and resources to explore the subject further.

MM

Megan Mcdonald, EA
5

This is a great overview of the OIC process and requirements. There is a significant amount of information in this presentation. The handouts are a good reference source.

Recommended Courses

Annual Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Jan 21, 09:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
SECURE 2.0 Update - What was Changed and What was Added- Part I

Jan 21, 10:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • CFA
  • EA
  • ORTP
  • CPA/PFS
  • TEP
  • ChFC
  • CSA
  • Maryland Tax Preparer
  • CPFA/QPFC
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • CIPM
  • CFIRS
  • CWS
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
The Kiddie Tax & Planning Opportunities for 2024-25

Jan 21, 11:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • CPA/PFS
  • ChFC
  • Maryland Tax Preparer
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Partnership Dispositions

Jan 21, 11:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Qualified Business Income (QBI) Deduction (IRC §199A) - The Ins & Outs

Jan 21, 11:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
1040 Filing: Initial Setup and Input Essentials

Jan 21, 12:00 PM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
$299$199 For 12 Months
stripe

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here
Subscribed
TASHA purchased a subscription.
Subscribed
Steven purchased a subscription.
Subscribed
Jay purchased a subscription.
Subscribed
Jack purchased a subscription.
Subscribed
Brent purchased a subscription.
Subscribed
DON purchased a subscription.
Subscribed
Jay purchased a subscription.
Subscribed
Tori purchased a subscription.
Subscribed
Mary purchased a subscription.
Subscribed
Richard purchased a subscription.
Subscribed
Andrew purchased a subscription.
Subscribed
Kristina purchased a subscription.
Subscribed
Arlene purchased a subscription.
Subscribed
Michael H purchased a subscription.
Subscribed
Tracie purchased a subscription.
Subscribed
Tarek purchased a subscription.
Subscribed
Vu purchased a subscription.
Subscribed
sabrina purchased a subscription.
Subscribed
Terri purchased a subscription.
Subscribed
William purchased a subscription.
Subscribed
Jins purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
KEVIN purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
dale purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
RASRICH purchased a subscription.
Subscribed
Gregor purchased a subscription.
Subscribed
Juliana purchased a subscription.
Subscribed
ELENI purchased a subscription.
Subscribed
Rohit purchased a subscription.
Subscribed
Jeff purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Kevin purchased a subscription.
Subscribed
Timothy purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Nate purchased a subscription.
Subscribed
Jessica purchased a subscription.
Subscribed
William purchased a subscription.
Subscribed
Mohamed purchased a subscription.
Subscribed
Tarryn purchased a subscription.
Subscribed
Darren purchased a subscription.
Subscribed
Yawen purchased a subscription.
Subscribed
Tan purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Silu purchased a subscription.
Subscribed
Mark Jasonowicz purchased a subscription.
Subscribed
Euneke purchased a subscription.
Subscribed
Yamisel purchased a subscription.
Subscribed
Bill purchased a subscription.
Subscribed
JIAWEN purchased a subscription.
Subscribed
Lisa purchased a subscription.
Subscribed
Nhi purchased a subscription.
Subscribed
Rana purchased a subscription.
Subscribed
robert purchased a subscription.
Subscribed
Nicole purchased a subscription.
Subscribed
Shauna purchased a subscription.
Subscribed
Andrew purchased a subscription.
Subscribed
JanJan purchased a subscription.
Subscribed
QIAN purchased a subscription.
Subscribed
Vanessa purchased a subscription.
Subscribed
Abdullah purchased a subscription.
Subscribed
Margaret purchased a subscription.
Subscribed
Charlie purchased a subscription.
Subscribed
Robin purchased a subscription.
Subscribed
Joe purchased a subscription.
Subscribed
Victor purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Lori purchased a subscription.
Subscribed
Adriana purchased a subscription.
Subscribed
Barbara purchased a subscription.
Subscribed
Yogesh Mohan purchased a subscription.
Subscribed
BRITTANY purchased a subscription.
Subscribed
Rhonda purchased a subscription.
Subscribed
Tracie purchased a subscription.
Subscribed
Sarah purchased a subscription.
Subscribed
Kolton purchased a subscription.
Subscribed
Ji purchased a subscription.
Subscribed
Christy purchased a subscription.
Subscribed
Brian purchased a subscription.
Subscribed
Patricia purchased a subscription.
Subscribed
Laurence purchased a subscription.
Subscribed
JABY purchased a subscription.
Subscribed
Dennis purchased a subscription.
Subscribed
Jaime purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
kimberly purchased a subscription.
Subscribed
Olivier purchased a subscription.
Subscribed
Tracy purchased a subscription.
Subscribed
LOURDES purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Kristin purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Joanne purchased a subscription.
Subscribed
April purchased a subscription.
Subscribed
Nathaniel purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Layla purchased a subscription.