L1.10.24 Financial Analysis Process
Course Description
Knowing how to complete an accurate financial statement for a client is pivotal to the successful resolution of an outstanding federal tax liability. The representative must know their client’s financial situation in order to make an educated decision on which path to take in resolving the federal tax liability.
Learning Objectives
- Calculate collectible equity in assets for a taxpayer.
- Calculate disposable net income for a taxpayer.
- Understand how the equity and income calculations impact available collection alternatives.
Presenters
Geoffrey Plourde, EA, JD, CPA
Geoff is an enrolled agent, attorney, and certified public accountant who specializes in resolving complex tax issues. He is an active member of the California Society of Enrolled Agents (currently state director and state education committee vice chair) and the National Association of Enrolled Agents. He was named a Fellow of the National Tax Practice Institute in 2015 after completing a rigorous program of advanced study in tax problem resolution. He has an MST from Golden Gate University, a JD from Southwestern Law School, and an MBA from the University of Southern California.
Geoff is an enrolled agent, attorney, and certified public accountant who specializes in resolving complex tax issues. He is an active member of the California Society of Enrolled Agents (currently state director and state education committee vice chair) and the National Association of Enrolled Agents. He was named a Fellow of the National Tax Practice Institute in 2015 after completing a rigorous program of advanced study in tax problem resolution. He has an MST from Golden Gate University, a JD from Southwestern Law School, and an MBA from the University of Southern California.
Continuing Education
This course qualifies for IRS and CTEC Continuing Education Hours. NAEA reports IRS CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at
education@naea.org. IRS Requirements for live webinars require at least 50 minutes per hour of attendance and answering 3 out of the 4 polling questions. For on-demand, you must watch the full video, answer the knowledge check, and pass the assessment with a score of 70% or above. No partial CE is offered.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email at
education@naea.org. An NAEA education team member will review the request for a refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand will not be refunded.