The Adviser's Guide to Doing Business With the IRS

If you have a client with a tax collection problem, you need this book to address their concerns. They may think that they do not owe the asserted tax liability, or that it has been incorrectly computed. And they will want to know when the IRS may enforce collection of the debt and levy on their assets. The answers are in The Adviser’s Guide to Doing Business with the IRS, written by IRS expert Wendy Kravit. Ms. Kravit has worked for the IRS, specialized in representation before the IRS, and taught federal taxation.

The guide’s step-by-step instructions will give you confidence in advising delinquent taxpayers at every point in the process.

Among many other topics, this guide covers:

• IRS contacts from initial contact and audits through the collection process
• IRS enforcement action including filing tax liens, levies, and seizure and sale of property
• Collection methods including offers in compromise and installment agreements
• Bankruptcy—discharge of tax liabilities, federal tax liens, and exemptions
• Trust fund recovery penalty of IRC §6672
• Standards, duties, restrictions, and penalties that you must understand in order to practice before the IRS

In numerous exhibits, the guide places at your fingertips the IRS forms and instructions you need, as well as sample documentation of IRS processes.