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The IRS Offer in Compromise Program

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
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Course Description

Course Description

An offer in compromise (OIC) is an application to settle an IRS tax liability for less than the full amount of tax and penalties that are due for a period or period.

This Online Taxes CPE Webinar provides a rapid-fire overview of the Offer in Compromise program for tax professionals representing taxpayers with unpaid federal tax obligations and discusses the pros and cons of the Offer program, And briefly covers IRS rules for processing Offer applications, how the Offer investigation process works, and some helpful tips for writing better Offers. The purpose of the Offer in Compromise Program, types of Offers in Compromise, Offer Qualifications and Financial Analysis, how the IRS processes Offers, and potential outcomes.

This online continuing professional education webinar will discuss the IRS’ Offer in Compromise program. We will be covering the program’s objectives and what’s new with the Offer program. We will also briefly discuss the Offer in Compromise Pre-Qualifier Tool.

This Online CPE/CE Webinar covers the following Key Topics:

  •  Know the IRS offer in the compromise program
  •  Learn how the OIC program works
  •  What makes these offers acceptable (DATC)?
  •  Learn effective tax administration
  •  Clear your doubts as to liability offers

This online CE webinar is useful for any proactive, current, or prospective, Circular 230 practitioner that understands the IRS is ramping up the "close the tax gap". Tax practitioners who want to protect their existing clients from IRS' predatory collections action and grow their business in this rapidly expanding market.

Click for more webinars on IRS Audits, Representation, and Resolutions.

Learning Objectives

  • To identify the objective of the Offer in Compromise