This course reviews the options of tax resolution including the IRS offer in compromise procedure used to satisfy tax claims.
The types of offers will be discussed with their respective requirements. Doubt as to liability, doubt as to collectability, and Effective Tax Administration Offers will be covered as appropriate options for applicable taxpayer tax problems.
For doubt as to collectability offers, the steps for processing an offer will be analyzed with a discussion on the importance of detailing and supporting all necessary living expenses on a form 433-a (OIC) or 433-b (OIC). These are the critical forms needed to support the form 656 offer in compromise form.
Mr. Rooney is a graduate of the George Washington University National Law Center with honors, has a Master's Degree in Taxation from Georgetown University Law Center, and is a former attorney with the IRS National Office in Washington, DC. Mr. Rooney also passed the CPA examination. He is an expert in relieving taxpayers from IRS problems. Besides his tax practice, Mr. Rooney has taught tax courses at George Washington University Business School, & the VPI School of Business. He also conducts lectures of tax matters for private & governmental agencies and professional groups. Mr. Rooney is licensed to practice law in Colorado, Virginia, Maryland and Washington, DC.
Mr. Rooney practices in the areas of criminal and civil tax law controversies, including representation in IRS criminal investigations, regular and eggshell examination audits, IRS collection enforcement, and the elimination of income tax debts through bankruptcy.
Presenter was excellent.
Useful material and presentation.
Excellent speaker ,excellent course materials. He made tax information enjoyable.
Mr. Rooney is excellent. Great teacher - repetition is important. We may laugh, but it is true! You can tell he really knows this area! Have listened to this presentation twice so far.
I would recommend this program to attorneys handling criminal and tax matters as it was extremely informative.
Very thorough presentation
Good nuts and bolts presentation
very useful information well presented
Thanks for the $ and accessibility!
Unlimited CLE Subscription gives you access to take almost any course from our catalog and earn as much CLE credit as you need.