L1.10.21 – Financial Analysis Process (Form 433) – (2 CE)

Thank you

This live web event has ended. Thank you for attending.

Description

Financial Analysis Process (Form 433)
IRS Program #: XQQU-T-00745-21-O/S
CE: 2
Speaker: Clarice Landreth, EA

Financial Analysis Process (Form 433): Knowing how to complete an accurate financial statement for a client is pivotal to the successful resolution of an outstanding federal tax liability. The representative must know their client’s financial situation in order to make an educated decision on which path to take in resolving the federal tax liability.

Learning Objectives:

Calculate collectible equity in assets for a taxpayer.
Calculate disposable net income for a taxpayer.
Understand how the equity and income calculations impact available collection alternatives.

Contributors

Clarice Landreth, EA

Clarice Landreth is an enrolled agent who works at Omni Tax Solutions in Broomfield, CO. She has over 20 years of experience representing taxpayers before the IRS. She is currently the chair of the NAEA NTPI Planning Committee and a current speaker at NAEA’s events and for the NTPI program. She is an expert in tax resolution including Offers in Compromise and Trust Fund Recovery Penalty.