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IRS Enforced Collections Action: Levies & Levy Releases

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Levies: Clients may not know the word, but they sure know and fear the end result!

In fiscal year 2018, the IRS issued 639,025 levies in order to collect money from tax debtors. This was a 9% increase in levy action over the previous year, and reflects renewed IRS focus on Enforced Collection efforts. This more aggressive use of levy authority is obviously a concern to all your tax debt clients. As such, it's important for you as a practitioner to understand levies and how to deal with them.

The most common forms of levy action are wage garnishments and the taking of money straight out of a client's bank account. This causes an inability to pay rents and mortgages, buy food, put gas in the car, and make payroll and other necessary business expenses. In short, levies are an absolute nightmare for the taxpayers that are faced with them.

Fortunately, you can come to the rescue and help these clients. In this 2-hour online training, you'll acquire the skills to prevent IRS levies, and fight for levy release on behalf of your clients when they do occur. You can deploy this skill set in the course of helping your existing clients, or as a stand alone service where you can easily charge $1000 to $1500 just for this (even more in some parts of the country!).

NASBA & IRS Approved CE Provider

Course Objectives

  • Understand the conditions that must exist for the IRS to issue a levy.
  • Define the common types of levy action.
  • Apply the Collection Appeals Program to obtain immediate release of a levy.
  • Cite common arguments for preventing and releasing levies.

Continuing Education Information

Level: Intermediate
Preparation: None.
Prerequisite: Attendees should possess working knowledge of IRS assessment procedures and basic knowledge of IRS Collections case resolution processes.

CPA CPE Hours: 2.0 in the Taxes subject area
EA/AFSP CE Hours: 2.0 in the Federal Tax Law subject area
IRS Program Number: 4Y1UP-T-00068-19-O
NASBA Registry ID: 140945
Texas State Board of Public Accountancy CPE Sponsor ID 010474

About the Instructor

Jassen Bowman, EA, CTR spent eight years exclusively representing tax debtors as an Enrolled Agent. He has presented over 400 live seminars and webinars to CPAs, EAs, and attorneys on the subjects of IRS Collections representation, practice management, and growing a tax firm. He is the author of several books, including Tax Resolution Secrets for consumers and Tax Resolution Systems, a checklist manual for practitioners.


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