Most people look straight at the balance owed on an IRS letter, missing the one line that could save them from penalties. Every notice includes a section explaining what to do if you disagree. While the IRS typically only highlights extreme examples like disasters or illness for a waiver, there are actually many other valid reasons to contest a penalty before automatically paying it. Learn more about navigating IRS notices and watch the full episode here: https://hubs.ly/Q04jf11C0 #TaxPlanning #TaxControversy #BeansTalk #MJPodcast #BusinessStrategy #TaxPrep Brent Ullrich, CPA Charlotte Hayes Way
More Relevant Posts
-
What you post publicly has to match what you claim privately to the IRS. Anything you can't justify on paper is something you probably shouldn't be showing off online.
To view or add a comment, sign in
-
Paid IRS penalties during COVID? The IRS may actually owe you money. In this episode, I break down who may qualify for penalty relief and what steps to take next. 🎧 Listen now: https://shorturl.at/J7eHQ 📞 www.callthetaxpro.com #IRSHelp #PenaltyRelief #TaxRefund #TaxStrategy #BusinessOwners #RealEstateInvestors #HighNetWorth
To view or add a comment, sign in
-
Honesty Comes First in Every Case At 72, Lance Drury says he’s in this business to help people, not take their money. He believes honesty and transparency are the best ways to truly solve IRS problems and earn client trust. Watch full episode here: https://lnkd.in/g_-UPp-9 #LanceDrury #TaxAttorney #IRSHelp #TaxRelief #HonestLawyer #BackTaxes #TaxSolutions
To view or add a comment, sign in
-
Not all help is good help. In this clip, learn the 3 rules to follow when choosing someone to deal with the IRS. Lance Drury The wrong choice can cost you time, money, and your case. #IRSHelp #TaxReliefTips #TaxAdvice #AvoidScams #LegalHelp
To view or add a comment, sign in
-
If you haven’t watched the first episode of the Season 2 of Purple Diaries episode yet, you’re missing out on an important conversation 💯 In this episode, Mr. Albert Folorunsho, Managing Consultant at Kreston Pedabo and Member of the Presidential Committee on Fiscal Reform and Tax Policy, offers a simple but thought-provoking look into one of the country’s biggest conversations right now: tax reform, accountability, and public trust. It’s insightful, relatable, and definitely worth your time. 🎥 Watch the full episode via the link below. https://lnkd.in/e7kneXHa #PurpleDiaries #GS26 #TaxReform
To view or add a comment, sign in
-
If you want to stop overpaying the IRS, stop chasing refunds. A refund isn’t free money. It just means the IRS used your cash all year and didn’t even say thank you. In my chat with Curtis May on The Practical Wealth Show, I broke down how expert-lead service firms can shift their tax mindset and actually keep more of what they earn. Because real wealth starts when you stop treating tax season like a win and start treating it like strategy. Listen to the episode: https://lnkd.in/eJg2acGq
To view or add a comment, sign in
-
-
How COVID Changed IRS Enforcement and Staffing Brian Loughrin discusses how the post-COVID IRS restructuring led to new revenue officers handling smaller cases and gaining experience, and how that shift impacts taxpayers today. Click the bio link to listen to the full episode. https://lnkd.in/eeAT4mzt #BrianLoughrin #TaxAttorney #IRSUpdate #TaxResolution #TaxDebtHelp #IRSChanges
To view or add a comment, sign in
-
How Communication Changes When an IRS Revenue Officer Is Assigned Communication becomes more direct and structured. The IRS sends formal letters, and if a representative is involved, both the taxpayer and attorney receive updates—often with more direct contact from the officer. Click the bio link to listen to the full episode. https://lnkd.in/eeAT4mzt #IRS #TaxLaw #RevenueOfficer #TaxResolution #IRSCollections #LegalInsights
To view or add a comment, sign in
-
What Makes an IRS Appeal Resolve Faster? The key to an efficient IRS appeal is reasonableness. When both sides approach the case with realistic expectations and a willingness to compromise, settlements are far more likely. An “all or nothing” attitude often slows the process or leads to disputes. Click the bio link to listen to the full episode. https://lnkd.in/edjG8XiA #IRSAudit #TaxAppeals #TaxStrategy #IRSProcess #FinancialAdvice #IRSInsights
To view or add a comment, sign in
-
“Got a CP 276A Notice? Here’s What to Do Next!” Don’t panic if you’ve received CP 276A from the IRS. Learn the notice’s significance, how it affects your business, and practical steps to respond correctly. Avoid unnecessary fines and confusion. #CP276A #IRSNotice #TaxHelp #PayrollMistakes #AvoidPenalties #SmallBizTips #TaxCompliance #IRSAlert #BusinessOwnerTips #FinanceHelp
To view or add a comment, sign in