THE HANDBOOK THAT IRS EMPLOYEES REFER TO AND THAT IS AVAILABLE ONLINE
What is IRM (INTERNAL REVENUE MANUAL)
100
THE AMOUNT OF THE STANDARD DEDUCTION IS BASED ON THIS 1040 ITEM
What is FILING STATUS
100
THIS RECORDING OF TAXES DUE BY THE IRS MUST OCCUR BEFORE COLLECTIONS CAN BEGIN
What is ASSESSMENT
100
THIS TYPE OF COLLECTION ALTERNATIVE DOES NOT REQUIRE AN ANALYSIS OF INCOME AND EXPENSES
What is A STREAMLINED INSTALLMENT AGREEMENT
100
THE PRIMARY NOTICE THAT THE TAXPAYER RECEIVES FOR A CORRESPONDENCE EXAM.
What is THE 30-DAY LETTER
200
THE IRS UNIT THAT HANDLES THE MAJORITY OF COLLECTION ISSUES FOR LITC CLIENTS
What is ACS (AUTOMATED COLLECTIONS SYSTEMS)
200
THE EXEMPTIONS AMOUNT ON THE TAX RETURN INCREASES IF YOU HAVE THESE
What are DEPENDENTS
200
THE NOTICE GIVEN TO TAXPAYERS 30 DAYS BEFORE LEVY ACTION CAN BEGIN
What is THE FINAL NOTICE OF INTENT TO LEVY
200
THE TYPE OF COLLECTION ALTERNATIVE THAT SETTLES THE ENTIRE LIABILITY FOR AN AMOUNT THAT CAN BE PAID IN A LUMP SUM OR THROUGH SEVERAL PAYMENTS
What is AN OFFER IN COMPROMISE
200
THE NOTICE THAT THE TAXPAYER RECEIVES IF SHE DOES NOT RESPOND TO THE 30-DAY LETTER OR IF THE IRS DOES NOT ACCEPT THE TAXPAYER'S RESPONSE TO THE 30-DAY LETTER
What is THE 90-DAY LETTER OR THE NOTICE OF DEFICIENCY
300
THE IRS UNIT THAT MOST TAX PROFESSIONALS FIRST CONTACT ON A CASE
What is PPS (PRACTITIONER PRIORITY SERVICE)
300
THE 1040 ITEM THAT REDUCES THE TAX OWED DOLLAR FOR DOLLAR DOWN TO ZERO
What are CREDITS
300
THE NOTICE THAT INFORMS OTHER CREDITORS THAT THE IRS HAS AN INTEREST IN THE TAXPAYER'S PROPERTY
What is NOTICE OF FEDERAL TAX LIEN
300
$185 PER HOUSEHOLD IS THE NATIONAL COLLECTION FINANCIAL STANDARD FOR THIS TYPE OF EXPENSE
What is PUBLIC TRANSPORTATION
300
THE 90-DAY LETTER OR NOTICE OF DEFICIENCY ALLOWS A TAXPAYER TO DO THIS
What is PETITION TO APPEAL TO TAX COURT
400
THE DOCUMENT THAT THE IRS FILES WHEN THE TAXPAYER HAS NOT FILED A REQUIRED RETURN
What is SFR (SUBSTITUTED FOR RETURN)
400
THE 1040 ITEM THAT REDUCES THE TAX DUE AND GENERATES A REFUND IF IT IS GREATER THAN THE TAX DUE
What are REFUNDABLE CREDITS
400
THE NAME OF THE HEARING WHERE THE TAXPAYER CAN REQUEST A COLLECTION ALTERNATIVE
What is THE COLLECTION DUE PROCESS (CDP) HEARING
400
THE MINIMUM AMOUNT FOR AN OFFER IN COMPROMISE USUALLY MUST BE ABOVE THIS.
What is REASONABLE COLLECTION POTENTIAL
400
IN COMPUTING THE AMOUNT OF THE UNDERPAYMENT FOR THE ACCURACY-RELATED PENALTY, THE TAX COURT HELD IN THIS CASE THAT CREDITS CAN REDUCE THE "TAX ON THE RETURN" BUT NOT BELOW ZERO
What is RAND V. COMMISSIONER
500
THE IRS UNIT THAT HANDLES UNDERREPORTING OF INCOME ISSUES
What is THE AUR UNIT (AUTOMATED UNDERREPORTING UNIT)
500
A TAXPAYER NEEDS TO FILE A RETURN IF THE NET AMOUNT OF SELF-EMPLOYMENT INCOME IS ABOVE THIS AMOUNT
What is $400
500
THIS TYPE OF COLLECTION ALTERNATIVE DOES NOT REQUIRE THE FILING OF ALL REQUIRED TAX RETURNS AS A PREREQUISITE.
What is CURRENTLY NOT COLLECTIBLE (CNC)
500
TYPE OF OFFER WHERE THE REASONABLE COLLECTION POTENTIAL CANNOT PAY OFF THE ENTIRE LIABILITY AND WHERE THE TAXPAYER IS OFFERING BELOW THE REASONABLE COLLECTION POTENTIAL
What is DOUBT AS TO COLLECTIBILITY WITH SPECIAL CIRCUMSTANCES
500
THE IRS NOTICE THAT INFORMS THE TAXPAYER THAT SHE HAS NOT REPORTED ALL HER INCOME