Tax Liens and Levies
Author: Eric L Green
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This course will explain the mechanics of the IRS enforcement tools, when each is utilized and what practitioners can do to assist their client’s either avoid enforced collection or get relief when action is taken. The course will cover how to have tax levies released, discharging and subordinating tax liens, and explain nominee liens and transferee liability.
Publication Date: March 2024
Topics Covered
- Current Landscape
- IRS Collection Process
- Tax Compliance
- The Federal Tax Lien
- Tax Levies
- Appeals: CDP, Equivalent, CAP
Learning Objectives
- Identify how to explain the mechanics of the IRS enforcement tools and when to use them
- Recognize what to do to assist client's either avoiding enforced collection or get relief when action is taken
- Describe how to have tax levies released
- Identify how to explain nominee liens and transferee liability
- Identify the number of CP-14 Balance Due notices that started going out to taxpayers the week of June 1st
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
