Date: March 8th , 2026

Time: 2pm ET | 1pm CT | 12pm MT | 11am PT

Duration: 120 Minutes

Course Overview:

Navigating the IRS collection process is one of the most challenging aspects of tax representation  and one of the most consequential for your clients. When a taxpayer fails to pay their tax liability in full by the filing deadline, the IRS initiates a formal collection process that continues until the balance is satisfied or the statute of limitations on collection expires.

The process typically begins with an IRS notice demanding full payment, detailing the original tax liability along with accrued penalties and interest. Without timely action, the situation can escalate  leading to federal tax liens, levies, or wage garnishments that can significantly impact a taxpayer’s financial stability.

While full payment remains the fastest way to stop penalty and interest accumulation, most taxpayers lack the immediate resources to pay in full. This is where a skilled tax professional becomes invaluable  helping clients explore resolution options such as Installment Agreements, Offers in Compromise, Currently Not Collectible status, and penalty abatement strategies..

Major Topics Covered

• Understanding the collection timeline and taxpayer rights.
• A real-world walkthrough of an IRS collection case from start to finish.
• Developing a customized resolution strategy for your client.
• Step-by-step guidance on navigating the Automated Collection System.
• How to interpret IRS transcripts and identify key account activity.
• Tracking case milestones and managing IRS deadlines.
• Resolution Strategies.

Learning Objectives

• Conduct an effective initial client interview in an IRS representation engagement.
• Identify the critical steps involved in achieving taxpayer compliance and case resolution.
• Analyze real-world case studies to apply practical IRS collection strategies.
• Interpret IRS notices, account postings, penalties, and required follow-up actions.
• Develop and execute effective strategies to advance and resolve IRS collection cases.

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• 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

Nicholas Preusch | CPA (US)

Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He specializes in IRS/State Collections Cases, settlements with the IRS, Tax Lien Releases and Corporate Officer Assessments.