Every year (usually in April) the IRS updates the monthly amounts allowed for Living Standards in Collection Cases (Allowable Living Expenses). This webinar will discuss the newly (April 25, 2022) updated Collection Financial Standards. It will show how to find, read and apply the newly updated standards in a collections case. Lastly, it will review how the standards changed from last year.
The webinar's objectives:
1) Where to find the IRS Collection Financial Standards online
2) What changes did the IRS make in the various amounts?
3) How these monthly amounts are applied (generically) in the resolution of a collections case.
This is a FREE webinar that offers 1 IRS CE/1 NASBA CPE CREDIT.
Chester, New York based John Sheeley, EA began his career in the tax industry in 1987, passing the IRS special enrollment exam in 1995. His career includes 13 years as a multi-unit franchisee of a national tax firm and 5 years as a tax manager at...
Marc Dombrowski, EA specializes in tax resolution services, including: IRS/State Collections Cases, settlements with the IRS, Tax Lien Releases and Corporate Officer Assessments. He has lectured to other Tax Professionals since 1994 on advanced...
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