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Accounts Payable Best Practices for Finance and Accounting Professionals

In the complex world of finance and accounting, the significance of mastering accounts payable best practices cannot be overstated. As the financial backbone of any organization, the efficient management of accounts payable plays a pivotal role in safeguarding its fiscal health. Sadly, many companies ignore these best practices and the impact is felt on your bottom line.
The accounts payable function is changing at a dizzying pace. Unfortunately, keeping up to speed these days can be like herding cats. While some best practices remain steadfast, others simply no longer work and are being replaced by new practices just now appearing.
The talk will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands-on money or sensitive information.

Learning Objectives:
After this session you will be able to:
• Improve your invoice processing;
• Implement effective payment technologies;
• Create effective accounts payable policies;
• Avoid costly master vendor file practices; and
• Deter fraud (both internal and external)

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Top Trends Impacting the Accounts Payable Function

In the complex world of finance and accounting, the significance of mastering accounts
Change, and radical change at that, is coming to accounting and finance space. It is coming faster than anyone thought just a few short years ago. The accounts payable function is likely to be the first casualty ̶ or success, depending on your reaction. By identifying the trends that are apt to make the biggest impact and addressing them quickly, you can position both yourself and your department to emerge as a true winner.
But what are those trends, you ask? We asked industry thought leader to identify these trends and share insights on how you can prepare for what’s shaping up to be a very interesting, but different, future for those who work in, manage or have responsibility for the accounts payable function.

Learning Objectives:
After this session you will be able to:
• Identify the trends most likely to impact your position and department
• Take full advantage of those tactics most likely to have a positive impact
• Identify the trends most probable to appeal to management and prepare
• Acquire new skills that will make you desirable to both your current and future employers
• Develop strategies to adjust to the expected changes

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

The issuance of SAS 145 has significantly changed the approach to risk assessment during audit planning, with a greater emphasis on evaluating Information Technology systems. This course provides a detailed overview of the new requirements and explains how IT considerations intersect with audit effectiveness. Participants will gain practical insight into evaluating IT environments, identifying potential weaknesses, and ensuring compliance with updated standards.

In addition to covering technical requirements, the course highlights real-world issues auditors encounter when assessing IT systems, including common challenges, risk factors, and areas demanding heightened professional skepticism. Instructor Jeff Sailor incorporates his well-known video parodies to reinforce concepts, keeping the session engaging and memorable while still focused on strengthening professional practice.

Learning Objectives:
At the end of this course, you will be able to:
• Apply the requirements of SAS 145 to audit planning.
• Perform effective risk assessments of IT systems.
• Identify areas of concern within IT environments that affect audit outcomes.
• Evaluate IT controls for adequacy and reliability.
• Assess how IT risks impact financial reporting processes.
• Distinguish between high-risk and low-risk IT system components.
• Integrate IT risk considerations into overall audit risk assessment.
• Develop appropriate responses to identified IT-related risks.

Major Topics:
• Requirements of SAS 145 regarding IT risk assessment
• IT risk factors in audit planning
• Evaluating the reliability of IT systems and controls
• Common problem areas in IT risk assessment
• Linking IT risks to financial reporting risks
• Professional skepticism in IT environments
• Practical steps for integrating IT risk into audit procedures

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/

The annual global cost of cybercrime is high and getting higher all the time. In fact, cyber criminals reap a windfall from their activities that is estimated to have been $450 billion in 2015 and is anticipated to climb to an annual $ 10.5 trillion average by 2025. In the United States alone, the FBI received reports of 847,376 complaints involving $6.9 billion in 2021. Almost all of that cybercrime began with and continues to start with a social engineering concept known as phishing.

Certain business organizations, among which are those referred to as financial institutions, are charged by the FTC with taking particular steps to protect their customers' financial information. Included in the category of financial institutions are professional tax preparers. Professional tax preparers normally maintain a significant amount of taxpayer information in various files electronic and paper that would be a treasure trove for cybercriminals.

In this course, tax preparers are introduced to the problem of cybercrime and its costs, offered methods that can be expected to reduce the chances of becoming a cybercrime victim, and informed of proper steps to take if they do become victims of cybercrime. Accordingly, it will examine cybercrime and will discuss:

Employer-sponsored retirement plans, generally referred to in the aggregate as qualified employee plans, constitute one of the important legs of the retirement stool that individuals look to for their income in retirement. The other two legs of that stool are personal saving through investment in securities, deferred annuities, savings accounts, etc., and Social Security retirement benefits. This course will examine qualified employee plans, their limits, and their tax treatment along with a discussion of annuities and their taxation.

Annuities offer their owners the opportunity to systematically liquidate a principal sum or save money for a long-term objective. For many annuity buyers, that objective is to provide income during retirement. As we will see in our examination of annuities, they provide owners with several advantages; the principal among them is their tax treatment. By purchasing and investing in an annuity, a contract owner can avoid current income taxation of earnings. By avoiding current income taxation, earnings that might have been used to pay current income taxes can be invested to produce additional income.

Auditing and assurance services are important services provided by CPAs. Auditing and Other Assurance Services is a course that will describe auditing and assurance services. This course will identify the different types of audits and the different types of assurance services. This course will define the importance of ethics in the CPA and auditing professions. This course will describe the different organizations that create and enforce ethical guidelines. Finally, this course will describe the importance of independence for auditors.

Description:  This seminar will introduce the process from
filing a tax return to the IRS audit, IRS Appeals, Collections and litigation
at courts of original jurisdiction.  We
will discuss the options taxpayers have at any point in the process with
reference to real-life stories from the trenches. This course is ideal for
CPAs, EAs, or other tax professionals.

Program
Content

· Selection for
Audit

· Audit Process

· Revenue Agents
Report (30 day letter)

· Collections

· Preparer
Penalties

· Statute of
Limitations

Learning
Objectives:
  By
the end of the seminar, the participant will be able to:

1. Describe
the audit process from the initial filing of the return to collections.

2. Determine
the options available to taxpayers at each stage of the audit process.

3. Ascertain
risk factors to consider in determining the best course of action for the
client.

4. Apply
the soft skills needed when interfacing with the IRS audit team to achieve the
best possible result.  

This mini-course describes and compares sole proprietorships, partnerships, limited liability companies, “C” corporations, and “S” corporations. It examines their advantages and disadvantages, permitting the participant to properly select the right business entity for their tax and liability needs.

ASSIGNMENT
At the start of the materials, participants should identify the following topics for study:
* Advantages and disadvantages of sole proprietorships
* Taxes for self-employed individuals
* Definition of partnership
* Partnership tax return & year taxable
* Contributed property, assets & services
* Sales & exchanges of partnership interests
* Limited liability companies
* C corporations & PSC corporations
* Inventories
* S corporations

Learning Objectives
After reading the materials, participants will be able to:
1. Cite the central differences among business entities and the advantages and disadvantages associated with basic business entity types.
2. Recognize the tax attributes of sole proprietorships, partnerships, LLCs, S corporations, and C corporations and how they can be used to enhance tax and financial objectives.
3. Specify the unique (e.g., self-employment) and general taxes applicable to particular entities and the tax forms that may be required.
4. Identify the basic deductions that are permissible for each entity type and the conditions under which they are allowed.
5. Determine the tax years, accounting methods, and valuation methods that each entity type may use, and how the entities can be terminated.
6. Specify for different entity types the basis and the tax effect of sales, exchanges, transfers, contributions, and distributions.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. In Addition, no correct or incorrect feedback for any exam question will be provided.

Upon course completion A course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

This course is an overview of basic fringe benefits and examines their mechanics, compensation methods, valuation, withholding, and accounting. Achievement awards, term life insurance, medical reimbursement, meals & lodging, educational assistance, dependent care, employer-provided automobiles, interest-free loans, etc. are identified. Employer and employee economic and tax considerations are recognized. Fringe benefit requirements and limits are specified and ERISA compliance requirements are determined.

Assignment
At the start of the materials, participants should identify the following topics for study:
* Benefit mechanics
* Employee achievement awards
* Group term life insurance
* Self-insured medical reimbursement plans
* Medical insurance
* Meals & lodging
* Cafeteria plans
* Employer-provided automobile
* Adoption assistance program
* Interest-free & below-market loans

Learning Objectives
After reading the materials, participants will be able to:
1. Recognize basic fringe benefit planning by determining “income” under §61, identify the unusual tax-favored compensation advantage of qualified fringe benefits, and determine the fair market value of a fringe benefit under the general valuation rule and the special two-month pour-over accounting rule.
2. Identify the rules for group term life insurance under §79 stating how to implement proper coverage and determine the mechanics of self-insured medical reimbursement plans under §105.
3. Identify the rules for excluding the value of meals and lodging under §119, and “cafeteria plans” and recognize the requirements and limits of employee educational assistance programs and dependent care assistance.
4. Identify “no-additional-cost services” and determine what property or services are excludable from income as qualified employee discounts under §132(c), and specify exceptions to working condition fringes and de minimis fringes.
5. Determine the requirements for qualified transportation fringe benefits under §132(f), specify valuation methods for employer-provided automobiles, and identify the requirements and benefits of adoption assistance programs.
6. Recognize the income inclusion of moving expense reimbursement and below market loans and identify ERISA compliance requirements.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. In Addition, no correct or incorrect feedback for any exam question will be provided.

Upon course completion A course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

We are all (including tax practitioners) getting older, and the need for effective retirement planning has never been greater. This course is essential for participants who wish to attain a comfortable retirement for themselves and their clients by maximizing tax-saving strategies. Designed to improve the quality of services to clients and the profitability of engagements, this presentation integrates federal taxation with retirement planning. The emphasis is on practical simplicity in dealing with the self-employed and highly compensated individual. Distribution options from IRAs and other retirement plans are explored.

Assignment
At the start of the materials, participants should identify the following topics for study:
* Qualified deferred compensation
* Basic requirements of a qualified pension plan
* Basic types of corporate plans
* Types of defined contribution plans
* Self-employed plans - Keogh
* Distribution & settlement options of IRAs
* Tax-free rollovers for IRAs
* Roth IRAs
* Simplified employee pension plans (SEPs)
* SIMPLE plans

Learning Objectives
After reading the materials, participants will be able to:
1. Determined the differences between qualified and nonqualified deferred compensation plans identifying the tax advantages and disadvantages of each, specify the requirements of a qualified pension plan, and recognize how the basic ERISA provisions define the elements of qualified plans.
2. Identify the types of defined contribution and defined benefit plans and their effect on retirement benefits.
3. Recognize the elements of Roth IRAs and traditional IRAs by specifying how distributions work, how to set up the various IRAs, utilize tax-free rollovers, designate beneficiaries, and make distributions to beneficiaries, cite contribution limits for various IRAs, and determine how to recharacterize Roth IRA contributions.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. In Addition, no correct or incorrect feedback for any exam question will be provided.

Upon course completion A course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

In this presentation, author and Excel expert David H. Ringstrom, CPA, will guide attendees through essential techniques to streamline and enhance their Excel experience. David begins by showing how to use the F4 key to toggle between absolute and relative references, making formula adjustments quick and efficient. He’ll delve into assigning names to key input cells and demonstrate the “Create Names from Selection” feature to simplify referencing ranges. Next, David will cover the LET and UNIQUE functions, exclusive to Excel 2021 and later, to help participants make dynamic calculations and quickly filter unique values. He’ll also explore creating Excel tables, navigating with the Name Box and Go To Special, converting tables back to normal ranges, and working with SUMIF in conjunction with the spilled range operator. Additionally, David will address common pitfalls like the #SPILL! error, ensuring participants leave with practical knowledge to tackle Excel challenges confidently. Join us to elevate your Excel skills and streamline your workflow!

Topics typically covered:
• Simplifying formula writing by way of table and field names, which eliminates the need to activate other worksheets.
• Saving time writing formulas by choosing named ranges with the Use In Formula command.
• Assigning names to cells to streamline formulas and bookmark key inputs within a workbook.
• Creating bookmarks and nicknames for key inputs by way of the Create Names from Selection feature.
• Crafting self-resizing formulas with  the new Spilled Range Operator in in Excel 2021 and Microsoft 365.
• Removing duplicates from a list with the new UNIQUE function.
• Troubleshooting the #SPILL! error that can arise in certain circumstances regarding dynamic array formulas in Excel 2021 and Microsoft 365.
• Comparing relative, mixed, absolute, named, structured, and spilled range cell references.

Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/

The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book (2024 Version), provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

This course will describe when the Yellow Book standards must be applied. This course will identify the types of auditors and audit organizations that may employ GAGAS to conduct their work. This course will identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations. Finally, this course will identify the ethical principles that guide the work of auditors who conduct engagements in accordance with GAGAS.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.

Upon course completion A course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

This course provides a comprehensive overview of the ethical standards and principles governing tax practice, as outlined in IRS Circular 230.  Participants will explore the importance of ethics in the tax preparation industry, review IRS rules, and examine common ethical violations and their associated penalties.  The course emphasizes procedures that promote compliance with ethical guidelines, equipping tax practitioners to navigate complex ethical dilemmas confidently. Real-world scenarios will be used to demonstrate the application of ethical principles in tax preparation and representation.

Learning Objectives
• Explain the role of ethics in the tax preparation industry
• Understand IRS rules and regulations as outlined in Circular 230
• Identify common ethical violations and the associated penalties
• Discuss procedures that encourage compliance with ethical guidelines
• Apply ethical principles to real-life tax situations
• Summarize relevant provisions of Circular 230 applicable to tax return preparation and IRS representation
• Evaluate the impact of ethical behavior on professional reputation and compliance
• Develop strategies to prevent and address ethical violations in tax practice

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/

Each year the U.S. Census Bureau publishes what it refers to as nonemployer statistics that may provide information about the increased importance of the business use of taxpayers' homes. A nonemployer, for purposes of the statistics, is defined as a business that has no paid employees, has annual business receipts of at least $1,000, and is subject to federal income taxes. These nonemployers may be organized as corporations, partnerships, or sole proprietorships. Because they have no paid employees, nonemployers are more likely than others to operate their businesses from their homes and seek a home office tax deduction.

Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this eight hour program in order to stay abreast of these developments.  This program will cover new court decisions, recent IRS publications, and the latest tax legislation that will impact individuals.  The remaining time will be spent on IRS procedure and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner.

Who should Attend:  This course is suitable for tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise individuals that have tax implications.  All public practice tax professionals will benefit from this timely and insightful seminar.

Learning Objectives:
  • Become familiar with recent court cases and Treasury publications affecting business entities.
  • Acquire a working knowledge of recent changes to IRS procedure.
  • Become conversant of recently issued tax court opinions and their implications to taxpayers.
  • Know the status of upcoming tax legislation and how it might affect clients.

Program Content:

  • Trade or Business v. Investment
  • Charitable Contributions
  • Conservation Easements
  • Gifts
  • Litigation Payments
  • Taxability of Disability Payments
  • Tax Shelters
  • Alimony
  • Substantiating Business Expenses
  • Other Issues
  • Retirement Plans
  • IRAs
  • Medical Deductions
  • Dependency Deductions
  • Cancellation of Indebtedness
  • Income Earned Abroad
  • Cryptocurrency

 

The Corporate Transparency Act (CTA) - is a law that mandates that a business entity must disclose who the beneficial owners [Beneficial Ownership Information (BOI)] of the entity are. Any business entity formed by application is subject to the CTA these entities include Corporations (both C and S), Partnerships (both general and limited), Professional Corporations, and Limited Liability Entities (in all Forms). Why is this law here? Well there are those in congress that are concerned all business entities are not necessarily transparent or are formed by individuals trying to hide something or committing nefarious acts, associated with terrorist activities, drugs and/or the illegal funneling of monies. The CTA applies to all entities formed within the United States and foreign entities that have registered to business within the United States. The purpose of the CTA Legislation is to assist the Financial Crimes Enforcement Network (FinCEN) in identifying entities that may be involved in money laundering, Tax Evasion, organized Crime, and/or other illegal activities.

Learning Objectives:
Identify when the Law comes into effect.
Identify the entities that will apply to this law.
Identify the requirements necessary to comply with this act.
Identify the companies that are exempt.

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion A course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

Circular 230 and other ethical issues faced by enrolled agents and other tax preparers.  In addition to covering the practice standards espoused by Treasury Circular 230, there will also be an overview of the applicable provisions in the Internal Revenue Code (IRC) and common law which will affect tax preparers.  The discussion will conclude with other ethical issues, such as avoiding conflicts of interest, proper fee structure and maintaining competency.  Also included will be case studies illustrating dilemmas faced by tax practitioners.

Learning Objectives:
By the end of the seminar, the participant will be able to:

  • Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law.
  • Understand the practitioner’s obligations to disclose certain client information when representing them against the IRS.
  • Understand the provisions of Treasury Circular 230, the IRC and common law as it pertains to tax practitioners.
  • Know the IRS requirements before an individual may file returns on behalf of others as a preparer.

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

Whether assisting troubled taxpayers or responding to an IRS letter on behalf of a current client, navigating the complexities of IRS procedures can often feel overwhelming. However, having the right tools and knowledge makes all the difference. This webinar will provide a practical guide to IRS Form 2848 (Power of Attorney and Declaration of Representative) and Form 8821 (Tax Information Authorization). These essential forms enable tax professionals and taxpayers to manage authorizations, access vital tax information, and ensure compliance with IRS regulations.
Understanding the disclosures granted by a practitioner's credential is crucial for accessing taxpayers' information and advising them effectively in resolving issues with the IRS. We’ll begin by exploring the purpose and structure of each form, providing a clear understanding of their applications. From there, we’ll review practical examples to demonstrate their real-world use and ensure you’re equipped to handle them with confidence."

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

This two-hour course provides a comprehensive overview of the IRS collection process, guiding tax professionals through each stage, from the initial notice to enforced collection actions. Participants will gain insights into taxpayer expectations during the collection process, as well as strategies for resolving tax debts. The course highlights when to use Form 433-A or 433-B, the documentation needed, and the criteria for submitting an Offer in Compromise (OIC) to settle tax debts for less than the full amount owed. Attendees will also learn about the various payment options available and practical approaches to advising clients.

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

This course is designed for tax professionals seeking to understand and navigate the IRS collection process effectively. Participants will gain in-depth knowledge of the various collection methods employed by the IRS, including liens, levies and wage garnishments. Additionally, participants will learn strategies to avoid or halt collection actions and the implications of the statute of limitations on tax collection.

To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

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