Firm continues IRS series with webinar on July 9

Plunkett Cooney will continue its What to do When the IRS Comes Knocking series with  a webinar on “IRS Collection Alternatives for Unique & Complex Tax Controversy Cases” Wednesday, July 9, from 11 a.m. to noon.

Staying on track with one’s tax liability can be a challenge for any number of reasons. That’s why we wanted to examine the question we frequently hear from our clients: “What Should I do When the IRS Comes Knocking?”

This second installment of the three-part webinar series will build on what was discussed in part 1, which included a review of the IRS tax collections process and a discussion about the agency’s two most common collection alternatives for taxpayers – installment agreements and offers in compromise.

This session will focus on additional collection alternatives for taxpayers with unique and complex situations. These include first-time penalty abatements, reasonable cause abatements, administrative waivers, statutory exemptions and even bankruptcy.

In addition, attendees will learn about the IRS’ passport denial and revocation program, agency-imposed liens, innocent spouse relief, and more.

Presenting the webinar will be Joseph A. Peterson, a member of Plunkett Cooney's Business Transactions & Planning Practice Group who serves as leader of the firm's Tax Law Practice Group. He has experience with tax law, risk management and litigation.

For additional information on the webinar, visit www.plunkettcooney.com and click on “Insights.”