We would like to thank the Ohio Society of CPAs for giving us the opportunity to speak at the 2015 Mega Tax Conference on December 7, 2015. A great crowd joined Vince Nardone for a discussion regarding tax planning and IRS collection alternatives impacting our small businesses. This discussion included more information on the offer in compromise, bankruptcy as a collection alternative, various installment agreements, and more. From the assessment process to the collection process, it is important that all business owners understand the rules and regulations that the Internal Revenue Service will follow. We encourage all readers to become familiar with your collection alternatives in an attempt to minimize the Internal Revenue Service's impact on your business. We would like to thank those that attended the presentation and the Ohio Society of CPAs for hosting a wonderful event.