When a Client has been Around the Block: Failed Offers in Compromise, Bad Bankruptcies, and Previously Poor Service

Tax resolution plans don't always deliver for clients. An IRS Offer in Compromise falls through. A bankruptcy petition gets filed before it should. An Installment Agreement gets approved without accounting for what a taxpayer can realistically pay each month.

When a client arrives having been through an Omill, a bankruptcy filed at the wrong time, or a payment plan that never matched their cash flow, the situation calls for a fresh look. That means reviewing what happened, understanding where the original plan broke down, and building a new approach that fits where the client stands now.

Agenda:

• Develop skills on how to analyze a taxpayer's current financial situation to determine the feasibility of a new resolution plan
• Review how to discuss new compliance habits with clients to help prevent future noncompliance
• Evaluate available resolution options to identify the best fit for clients' circumstances
• Assess the root causes of a failed Offer in Compromise, premature bankruptcy filing, or unaffordable Installment Agreement
• Identify warning signs of Offer mill practices and other red flags that may have contributed to a client's prior unsuccessful resolution