Offers in Compromise - Settling Tax Liabilities with the IRS CLE

Offers in Compromise - Settling Tax Liabilities with the IRS

November 2012

Offers in Compromise - Settling Tax Liabilities with the IRS

Convenient, timely, reliable, and affordable...

Teleseminars are midday continuing legal education conferences broadcast over the telephone. From the convenience of your office or home, you are able to dial into an 800 number, and hear nationally recognized practice leaders speak on important issues in the law. You are also able to ask them your questions. Teleseminars marry the best of technology and education to bring the world of CLE to your office or home.

How to Register

There are 2 easy ways to register:

1. CALL us! (303) 860-0608, or toll free (888) 860-2531

2. Or REGISTER ONLINE NOW by using the corresponding course links above.

Program Description:

Offers-in-comprise are a mechanism to settle an outstanding tax liability with the IRS for less than the full amount owed. The offers-in-compromise program is available where there is some doubt as to the collectability or amount of the liability. Offers can be an effective technique for ending an ongoing tax dispute in an efficient manner for less than the amount the IRS is seeking. But it depends on writing and advocating a successful offer. This program will provide you with a guide to drafting and advocating an offer for individuals, including the self-employed and business owners. The program will cover eligibility standards, substantive elements of an offer, the process of submitting and obtaining acceptance of an offer, and provide tips for a successful offer and red flags to avoid.

- Offers-in-compromise for individuals, including the self-employed and business owners

- Eligibility standards for making an offer-in-compromise

- Substantive elements of writing an offer to the IRS

- Detailed review of process for making and advocating an offer

- Offers with deferred payments

- Tips for a successful offer and red flags to avoid

Faculty:

Matthew L. Kadish is a partner in the Cleveland office of Kadish, Hinkel & Weibel, LPA, where he has an extensive tax, estate planning and business transactions practice. He has advises individual and business clients in a wide variety of planning matters, including choice of entity, business succession, estates and trusts and charitable giving. His practice also encompasses exempt organizations, retirement planning and IRS controversy cases. Mr. Kadish is a Fellow of the American College of Trust & Estate Counsel and is vice president of litigation of the Small Business Council of America. Before entering private practice, he served as a judicial clerk to Judge Herbert L. Chabot of the U.S. Tax Court. Mr. Kadish received his B.A. from Williams College, his J.D. from Case Western Reserve University School of Law, and his LL.M. in taxation from New York University.

Stephen J. Turanchik is an attorney in the Los Angeles office of Paul Hastings, LLP, where his practice focuses on tax litigation at the state and federal levels as well as tax controversy work at the administrative levels. Before entering private practice, he is previously litigated for six years for the U.S. Department of Justice, Tax Division, where he litigated over 300 tax cases in federal, bankruptcy, state and probate court. He has also lectured at Loyola Law School and California State University, Fullerton on topics relating to tax litigation. Mr. Turanchik received his B.A. from the College of the Holy Cross, his J.D. from Fordham University School of Law, and his LL.M. in Taxation from New York University School of Law.