Description
Course Overview
Tax professionals encounter situations in which clients need relief from tax liabilities or must determine the proper treatment of installment transactions. This course examines injured and innocent spouse relief, installment sales, and IRS offers in compromise. Participants will review the qualifications, limitations, calculations, and key considerations associated with these provisions, helping them recognize when relief may be available and understand the federal tax rules that apply to installment sales.
Explore additional tax topics in our self-study CPE course catalog.
What You'll Learn
After completing this course, participants will be able to:
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Identify the qualifications, limitations, and considerations associated with injured and innocent spouse relief.
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Assess the calculations and tax considerations involved in installment sales.
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Recognize the qualifications, limitations, and key considerations associated with IRS offers in compromise.
Who This Course Is For
Tax professionals who prepare returns or advise clients on spouse-related tax relief, installment sales, and offers in compromise.
| NASBA |
Field of Study: Taxes CPE Credit: 3.0 hours Delivery Method: QAS Self Study |
| IRS |
Field of Study: Federal Tax Law CE Credit: 3.0 hours IRS Program Number: VP8T3-T-00539-25-S |
| CTEC | Field of Study: Federal Tax Law CE Credit: 3.0 hours CTEC Course Number: 1044-CE-05366 |
| Publication Date: | 3/23/2025 |
| Instructional Delivery Method: | QAS Self-Study |
| Level: | Intermediate |
| Prerequisites: | General knowledge of federal taxation and related tax concepts |
| Advanced Preparation: | No Advanced Preparation Required |
| Author: | Lee Reams, Sr., BSME, EA |
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Course Material: A copy of the course material is available for download under the Additional References tab. Refund Policy: Your complete satisfaction is our #1 priority. At CountingWorks, Inc., we do whatever it takes to make sure your expectations are met on every order we complete. We back all of our products with a 10-day no-hassle money-back guarantee. For information regarding refunds, complaints, and program cancellation policies, please contact our Customer Service Department at 1-800-384-1101 Certified Public Accountants: CountingWorks, Inc. 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. Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101 |

