Divorce not only reshapes personal relationships—it often creates complex and lasting financial challenges. When tax debt enters the equation, the situation can quickly escalate into a financial crisis. This CE course is designed to equip tax professionals with the knowledge and tools needed to support clients dealing with both divorce and IRS issues.
Focusing on the intersection of family law and tax resolution, this course provides a practical overview of the IRS relief options available to individuals going through or recovering from divorce. Topics include Offers in Compromise (OIC), Installment Agreements, and Currently Not Collectible (CNC) status, as well as the tax implications of divorce decrees and shared liabilities.
Participants will examine how divorce-related changes—such as joint filings, shifting incomes, and asset division—can impact a client’s eligibility for IRS programs. Through real-world case studies and interactive exercises, you’ll learn how to evaluate taxpayer situations, complete accurate relief applications, and advocate effectively for favorable outcomes.
Topics Covered:
Tax Consequences of Divorce
Offers in Compromise (OIC) Strategies
Managing Installment Agreements Post-Divorce
Understanding Currently Not Collectible (CNC) Status
Divorce Decree Impacts on Tax Liability
Common Financial Pitfalls in Divorce-Related Tax Cases
Learning Objectives
Explain how divorce affects both joint and individual tax responsibilities.
Identify the key eligibility factors for submitting an Offer in Compromise to the IRS.
Assess the rules and conditions involved in setting up and maintaining IRS Installment Agreements.
Describe the qualifications needed for a taxpayer to be placed in Currently Not Collectible (CNC) status.
Evaluate how the terms of a divorce decree can influence IRS collection efforts.
Identify common financial challenges and risks in resolving tax issues related to divorce.
Credits and Other information:
Recommended CPE credit – 2.0
Recommended field of study – Taxes
Session Prerequisites and preparation: None
Session learning level: Update
Location: Virtual/Online
Delivery method: Group Internet Based
Attendance Requirement: Yes
Session Duration: 120 Minutes
Who Will Benefit:
CPA
Enrolled Agents (EAs)
Tax Professionals
Attorneys
Other Tax Preparers
Finance professionals
Financial planners
About Our Speaker
Patrick H. Wanzer
Breakthrough Tax Resolution
Patrick H. Wanzer, CPA, is a trusted tax resolution expert with over a decade of accounting experience and nine years dedicated to IRS tax issues. Based in the historic Irvington neighborhood of Indianapolis, he empowers clients—individuals and businesses alike—to stand up to the IRS and restore financial stability. His proven strategies include Offers-in-Compromise, installment agreements, and customized resolutions.
