+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Fundamentals for Nontax Attorneys - Webinar (Recorded)

  • Webinar

  • 65 Minutes
  • May 2024
  • Lorman Business Center, Inc.
  • ID: 5952595

Gain the necessary tools and knowledge to navigate the IRS collections process confidently.

Many taxpayers and their representatives struggle to navigate the intricate maze of IRS collections processes, often finding themselves entangled in the complex web of compliance and enforcement actions. The lack of clear guidance exacerbates the confusion in effectively managing tax obligations and disputes, leaving many at a disadvantage when facing the IRS. The challenges are further compounded for those unfamiliar with the specific requirements for disputing tax liabilities and understanding the IRS’s collection mechanisms. This lack of knowledge can lead to significant financial and legal repercussions, including penalties, liens, and levies, profoundly affecting their financial stability.

This course is designed to empower legal professionals with the necessary tools and knowledge to navigate the IRS collections process confidently. The program will provide a comprehensive overview of the IRS collection system, covering efficient management and dispute of tax liabilities, understanding of rights and obligations under the IRS code, and development of effective strategies to prevent compliance issues. Through practical insights and expert guidance, participants will learn how to protect their interests or those of their clients against aggressive collection actions and minimize the risk of legal complications. This essential workshop is crucial for anyone seeking to demystify the IRS collections process.

Agenda

IRS Funding

  • Yearly Budget
  • Inflation Reduction Act

Where Does IRS Authority Come From

  • Constitution
  • Internal Revenue Code (IRC)
  • Federal Regulations
  • Internal Revenue Manual

Notices and Appeals

  • Assessment of Tax
  • Notice Requirements
  • Collection Due Process Appeal (CDP)
  • Collection Appeal Request (CAP)

Penalties

  • Failure to File
  • Failure to Pay
  • Penalty Abatement

Collections

  • Liens and Levies
  • POA
  • Centralized Authorization File

Speakers

  • Steven A. Leahy
  • Steven A. Leahy,
    Law Office of Steven A. Leahy, PC


    • Tax Attorney and the host of the popular radio show, The IRS Radio Hour, heard in the Chicago area each Sunday evening at 5:00 pm on AM 560 The Answer
    • Hosts a daily podcast, Monday – Thursday, Today’s Tax Talk, and is a frequent guest on Chicago area radio and television shows including WGN Radio, WLS Radio, WLS Channel 7, and WFLD Channel 32
    • Author of the book “Deal With Your IRS Problems Today”
    • Helps business professionals overcome their tax problems FOREVER
    • Founder of Opem Tax Advocates; fully licensed to practice law in the United States Supreme Court, United States Tax Court, State of Illinois, State of Tennessee, Northern District of Illinois, Central District of Illinois, and Middle District of Tennessee
    • Has extensive knowledge and experience in the laws of IRS Collections, United States Bankruptcy Code, and Illinois Foreclosure Law
    • Has conducted continuing legal education classes on IRS collections and bankruptcy laws to attorneys throughout the United States
    • Graduate, cum laude, John Marshall Law School; LL.M. degree, with honors, John Marshall Law School; graduated with a degree in business administration, finance, Loyola University in Chicago

Who Should Attend

This live webinar is primarily designed for attorneys. Other legal professionals may also benefit from attending.