This webinar is designed primarily for tax professionals whose clients were affected by delayed IRS notices during the COVID pandemic. In general, the IRS will restart collection notices reminding taxpayers of their balance due this year and provide penalty relief on millions of tax returns.
This webinar will provide an overview of the automated collection notice restart, and information on the new special reminder letter, LT38. Our presenter will also provide information on how the typical sequence of automated notices may change, details on how the IRS will gradually send notices this tax season, and discuss penalty relief for tax years 2020 and 2021. Our presenter will demonstrate helpful resources available to resolve tax debt and will host a live Q&A session to answer any questions.
Learning Objectives:
IRS
Senior Stakeholder Liaison
Michael Smith is a Senior Stakeholder Liaison with the Internal Revenue Service. As a Sr. Stakeholder Liaison, he works with all taxpayer communities, including major employers, community associations and tax practitioner organizations to help all taxpayers comply with the tax laws.
Michael became a Senior Stakeholder Liaison in the Communications and Liaison division of the IRS in 2021. Prior to 2021, he held a variety of positions in the Small Business/Self-Employed division of IRS as a Revenue Officer and Collections Manager. He specializes in the areas of employment tax, tax controversy, alternative resolutions and collection actions (lien/levy/seizure).
Michael graduated from the University of Wisconsin – Oshkosh with a Bachelor of Business Administration in 2009. Michael has gained a thorough understanding of IRS policies, procedures, and work processes throughout his 12-year career with IRS.