With the IRS infused with new funding, the focus on collection efforts is at the forefront of new activities. The Automated Collection System (ACS) has changed and is constantly evolving and many of your tax resolution collection cases may get resolved at the Automated Collection System level of the IRS. Knowing the "ins and outs" of negotiating with ACS is crucial to getting your clients the best possible deal with the IRS and will make you look like a hero to your clients.

Learning Objectives:

• Outline how to submit financial forms 433F and 433-A to ACS


• Recognize when to request a collection hold and when to use form CP504 vs. a 1058 notice


• Evaluate how to work with ACS agents


• Identify first time penalty abatement requests


• Outline how to request an installment agreement that will be approved

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222