MSATP/MVLS: Currently Not Collectible Status: What is it and when it is the right option?

We will discuss the Currently Not Collectible status program and it's ability to resolve tax problems. We will discuss the criteria for the program and when it is the best option for taxpayers. We will further discuss the advantages and disadvantages of the program and the role of the collection statute in IRS collection efforts. Practitioners will walk away from the course with a better understanding of their options in helping clients and another tool in the tool box when it comes to helping clients.