Ch 20: Representing the Taxpayer in the Collection Process

About This Chapter

Be sure you fully understand how the taxpayer is represented during the collection process with help from this informative chapter. The lessons and quizzes provided here allow you to work at your own pace as you complete a homework assignment or study for an important test.

Representing the Taxpayer in the Collection Process - Chapter Summary

In this chapter, our instructors thoroughly cover topics related to taxpayer representation during the collection process. You'll study IRS collection summonses and notices, the statute of limitations on a federal tax lien and the methods available for tax collection relief. After completing this chapter, you should be ready to:

  • Detail the process and program associated with tax collection appeals
  • Explain the guidelines that govern adjustments to taxpayer accounts
  • Understand how refund claims and tax returns are amended
  • Request an audit reconsideration
  • Define 'currently not collectible'
  • Discuss the calculations used for trust fund recovery penalties
  • Outline the procedures for penalty abatement and interest abatement

If you're struggling to understand these topics, take your time and review these lessons as many times as needed. They're available to you 24 hours a day and accessible on your mobile device. The short quiz you'll find at the end of each lesson is a great way to test your understanding. If you still have questions and need help, contact one of our professional instructors for assistance.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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