The Internal Revenue Service provides several options when a taxpayer needs assistance paying a tax debt, or cannot pay at all.  This webinar will discuss the various options available to taxpayers.  Those options include payment plans, currently not collectible, and Offers in Compromise.  Practitioners need to understand these various options so they can best advise their clients on what collection alternative is appropriate for their situation.  Not every taxpayer is eligible for a payment plan or an Offer In Compromise.  Our expert speaker  will discuss how to approach the IRS, the strategies involved, and the required (and not required) financial statements and information to provide to the IRS.