Episode Transcript
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Speaker 1 (00:00):
The topics and opinions expressed in the following show are
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those of W FOURCY Radio. It's employees are affiliates. We
make no recommendations or endorsements for radio show programs, services,
or products mentioned on air or on our web. No
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CY Radio or it's employees are affiliates. Any questions or
comments should be directed to those show hosts. Thank you
(00:20):
for choosing W FOURCY Radio.
Speaker 2 (00:26):
Welcome to the Ask the Experts Show on W four
CY Radio and Talkboard TV, where we bring you educational
information from top local experts in the fields of legal, health,
financial and home improvement. Now sit back and listen to
experts in family law, association, law, hearing laws, business brokers,
(00:47):
home care, along with many other topics. Now here are
your hosts, Steve O and Sophia.
Speaker 3 (00:56):
Well.
Speaker 4 (00:57):
Good morning, Welcome to another Ask the Expert show where
we bring you the top experts in the field of legal, health,
financial and home improvement. I'm your host for the next
fifty minutes. I'm STEVEO, and we have got We've got
a really special show for you. We have been doing
(01:18):
this for twelve years and we try to break it
down into twenty five minute increments, but once in a while,
you have a show that is so important that can
relieve someone of a lot of headaches, and this show
(01:40):
is one of them. We are going to be running
for the entire fifty minutes, and what we've done is
instead of breaking this down by city or state, this
is one of our national shows, so we will be
broadcasting throughout the country. And I'm so glad to do
(02:00):
because I consider our next expert a friend. He has
been with us for so long, has done so many shows,
and you're gonna love the way he explains things to you.
Let me welcome my friend Barry Fowler Taxation Solutions.
Speaker 3 (02:18):
Hey, Borneo.
Speaker 5 (02:20):
This is a great opportunity to get information out to everybody,
and that's one of the reasons I really love ask
the experts.
Speaker 3 (02:27):
What you guys do.
Speaker 4 (02:28):
Here, Barry. I got to tell you, we get emails
on a daily basis and people love your show. But
what they seem to like most about it is the
way you explain when someone's got a tax problem, which
you know, well, that's a big burden on your shoulders.
(02:51):
It affects you, it affects your family, and people love
the way you explain things to them. And I got
to tell you, if I had a tax problem, you
would be the one I would go to. You are
just you've been doing this for a long time. You've
seen it all, haven't you? Very pretty much?
Speaker 5 (03:13):
You know, there are a few things that still surprise
us as we're dealing with some of these new agents
and how well untrained they are, and so you know,
it adds some new wrinkles to everything we do when
we're dealing with the i R S and getting the
(03:34):
resolution for our clients that you know, not only do
they want, but they actually deserve and qualify for. And
that's what we've got to do is find in every
way within the law of the Internal Revenue Manual with
what Congress sets out there, to be able to get
you the best deal and get you back on your feet.
Speaker 3 (03:57):
So you can, you know, still be a tax.
Speaker 5 (04:00):
Payer and but live your life without looking over your
shoulder what the i R S is going to do,
without worrying about how you're going to make your payments
and your bills. And that's what our job is is
to help you figure that out and get you the
relief on your I R S death.
Speaker 4 (04:22):
Arry, I got to tell you a lot of people
who write are embarrassed about the situation they're in. And
you're like a doctor. You know, you can tell me,
you can be honest with me. And you always talk
about this that you know there's people out there that
(04:43):
are embarrassed of the situation they're in, and you can
help these people.
Speaker 5 (04:49):
Barry, Oh yeah, And you know, there's no reason to
be embarrassed with us. And you know, one, like we said,
we've heard pretty much everything, seen pretty much everything.
Speaker 3 (05:01):
There's a few things in life that's still shock you,
you know here and there.
Speaker 5 (05:06):
You know, like somebody who has had tax dead or
hasn't filed and you know, let's say seven eight years
and the IRIS.
Speaker 3 (05:14):
Never did anything. That sometimes surprises me.
Speaker 5 (05:18):
But that being said, you know, we've got to go
through and diagnose what the problem is and how to
get the best solution you know out there for you.
You know, one of the things that we always get
asked about is, you know, the I R S and
you know, are they our friends?
Speaker 3 (05:34):
Are they there to help? They say they are. They
will give you every reason to give them all the
information they're asking for.
Speaker 5 (05:43):
They're not your friend, They're They're sole and only job
is to collect funds for the United States government.
Speaker 3 (05:52):
That's it.
Speaker 5 (05:53):
And if you put that in perspective, that means they're
not working for you or I or the tax payer.
They're working for and strictly for the government. And that's
what their job is, is to strictly collect funds. And
they can be very very aggressive, dding enough to scare
you because you know, hey, there's some people out there
(06:16):
that may do a good job.
Speaker 3 (06:18):
You know, working for the irs.
Speaker 5 (06:19):
But again, at the end of the day, it's to
get as much money into the IRS, into the government
as possible, and that's what they're they're to do.
Speaker 3 (06:27):
That's what their job is, that's what they get paid for.
Speaker 4 (06:31):
It's funny. Some people who've been listening to the show
for a long time have not they they have not
filed for the taxes. I don't know how long it's been,
but they're more concerned on what could happen. One gentleman
who wrote as Berry was eighty two years old, is
(06:54):
on a fixed income and he has not filed in
ten years, and he said, you know, I don't have
any money. Well they still he wanted to know what
they shall go after him.
Speaker 5 (07:09):
Well they can if if he's going to owe money,
or he does owe money or owed money from the past.
Speaker 3 (07:16):
It is a possibility now, you know, if he's been
being over eighty.
Speaker 5 (07:22):
Years old, he's been on SO security for a while,
if he doesn't have any other income coming in, he
may not have even had a filing requirement.
Speaker 3 (07:31):
And that being said that, there'd probably no tax debt
out there.
Speaker 5 (07:36):
You've got to watch your mail and if they're sending
you letters, then we need to get out there and
address it.
Speaker 3 (07:41):
But being in that age, you know, unless you've.
Speaker 5 (07:44):
Been pulling money out of retirement accounts or you have
other pensions besides SO security coming in, there could be
some liability out there. We could take a quick look
at it and determine if that's the case. And one
of the things we always tell people is is hey,
(08:05):
check us out of taxation solutions. Do net give us
a call on our special tax Relief hotline at eight
eight eight nine.
Speaker 3 (08:14):
Three zero one zero one six and let us talk
to you. There's free consultations, free phone call.
Speaker 5 (08:21):
We try to make this simple and easy for everybody,
no matter where you are in the country, because we
can help you regardless where you are in the country,
and let us help determine with you what course of
action we need to go out there and do it.
Speaker 3 (08:36):
Because if there's nothing we need to do, hey.
Speaker 5 (08:39):
We enjoy giving that free consultation and being able to
tell you, hey, relax, don't worry about it right now.
Speaker 3 (08:46):
If you do receive that letter, you've got the hotline
pick it up call, and you know one of our
superheroes is going to get on that line and walk
you through it and help you through your problem.
Speaker 4 (08:58):
Very One of the things I'll like that you do
is if a person is probably more I guess an
independent contractor, have not filed their taxes, the irs is
contacting them, You're going to need to go back and
(09:20):
reconstruct the years that they didn't file, aren't you.
Speaker 5 (09:25):
Oh, you know absolutely, And so we take a very
stepped approach at everything we do. We're going to exit
out and do it very in depth tax analysis for
you determine what we need to go back and file,
or maybe we've got to go back and correct, or
maybe we've got to file amended returns, you know, whatever
(09:46):
it is that we've got to go through and do.
We're going to give you the best course of action.
That being said, you know, if you haven't filed let's
say ten years, you may have substitute for returns filed
by the IRS, which creates the tax debt. You didn't
file them. The IRS did. Well, the IRS doesn't know everything.
Speaker 3 (10:07):
About you, You're right investigations.
Speaker 5 (10:10):
They may know your assets, they may know what money
you got. They know you got ten ninety nine's that
came in as a contractor, but they're not going to
put any of your business expenses against it. They're not
going to add your kids, they may not add your wife.
Speaker 3 (10:25):
If you've never filed together jointly.
Speaker 5 (10:28):
And all of a sudden you've got debt that is astronomical,
Is it correct? No, So we want to go back
and we want to reconstruct what you've.
Speaker 3 (10:38):
Done and how business was in the past.
Speaker 5 (10:41):
Some of this we can actually use industry standards and
apply against that ten ninety nine so that we can say, hey,
this is what we're approximately owing because it's reasonable, and
they'll allow us to go in and do that.
Speaker 3 (10:56):
And now we've reduced that debt maybe in half, maybe.
Speaker 5 (11:00):
The three fourths of the debt's gone away, just depends
on your situation. And then we get the current year returns,
we get to all those filed.
Speaker 3 (11:10):
Now we're at a reasonable or maybe.
Speaker 5 (11:13):
More correct amount of debt that we can deal with
from there. Other times we look at it and you know,
we've gone back and reconstructed and done stuff, and the
IRS actually filed a return to probably shouldn't have been filed,
and it's in your favor.
Speaker 3 (11:31):
We're gonna leave it alone.
Speaker 5 (11:33):
There's nothing else we need to do, and we'll move
forward and maybe correct the debt, maybe get the solution
in place.
Speaker 3 (11:41):
Maybe we just need to look.
Speaker 5 (11:42):
At it, and it's close to the statue of limitations
and the debt's going to fall off, and we just
want to get past that and let some of this
debt go.
Speaker 3 (11:51):
So there's not a cookie cutter approach to anything we do.
Speaker 5 (11:57):
There's not a one shoe fits everybody. You know, we're
going to have to step into your shoes, walk down
that path, figure out the best way, and then modify
everything as we as we go to fit your needs,
your situation and what's going on with the I R S.
Speaker 3 (12:18):
So when you call it, you know some of these
really huge companies.
Speaker 5 (12:21):
You hear advertising all across the country and nation and
and everything about the I R S and your tax problem.
They all try to sell you on the one thing
that everybody loves, and that's how I offer and compromise.
Where we're going to do that. God, I hate this,
you know you and I've talked about it for what
twelve years now.
Speaker 3 (12:41):
Pennies on the dollar. You know what they're what they're
trying to do is sell you on the pipe dream.
You know, we all have that pipe dream. We're all
going to win the lottery.
Speaker 5 (12:51):
If we play one lottery ticket, we're going to win
multimillions of dollars. If you pay these guys, you're going
to get that offering compromise. Well, not everybody qualifies for it.
I hate to tell everybody that, but if you've got money,
you got assets, including equity in a house, iras four
h one, case, you name it, you know the IRS
(13:14):
is looking at it assets and so you may.
Speaker 3 (13:17):
Not qualify for it. So you know, before you jump
off the deep.
Speaker 5 (13:20):
End and go with one of those that has to
give us a call, we still offer that free consultation.
You talked to somebody else and let us walk you
through it and see say, hey, maybe you don't qualify.
Speaker 3 (13:31):
Maybe you do.
Speaker 5 (13:32):
We'll give you the right answer by sitting down and
going through a free consultation with us. And it doesn't
take anything, but you know, a fifteen twenty thirty minutes
to go through and do and we will be able
to tell you, hey.
Speaker 3 (13:48):
This is where we think you should go. Now.
Speaker 5 (13:50):
Does that make it one hundred percent right in that
free consultation? No, because there may be something that when
we do an investigation with the IRS and pull transcripts,
pull your complete records from the IRS, there may be
something else out there that jumps out. But if you're
not completely honest with us, hey, all I can tell
(14:11):
you is this is what we think you lied.
Speaker 3 (14:15):
Base it on the EA.
Speaker 4 (14:16):
They give you.
Speaker 5 (14:17):
Yeah, this is all we can do. So you know,
don't be afraid to give us a call. We're in
a no judgment zone again. It's eight eight eight nine
three zero one zero one six and that's that special
tax relief hotline that's set up just for you to
work on your tax problem and talk to you on
a free consultation.
Speaker 3 (14:38):
Jump on it, give us a call, let us walk
through it with you.
Speaker 4 (14:44):
I'm going to paint a picture for everybody. Barry, I
know you will know this. So you start getting letters
from the RS, and the things that go through your mind,
you know, am I going.
Speaker 3 (14:58):
To go to jail?
Speaker 4 (14:59):
The they're going to take care and you end up
putting a lot of pressure that you didn't have to
because if you were to call Taxation Solutions, especially for
that free consultation, and then have someone to represent you
who knows the laws, you could avoided all that stress.
(15:23):
Because it is stressful when you have the IRS coming
after you. But I'm telling you, once you talk to Barry,
he's going to relieve a lot of that stress for
you because now you're going to know from a professional
what your rights are, what he can do for you.
And Barry's got a big bag of tricks. He's got
(15:47):
something for everything. But it's they help you. And I'm
telling don't go through the stress anymore because I love
Barry that once they sign with you, they don't have
to talk to the RS anymore.
Speaker 5 (16:02):
That's you know, that's absolutely correct. You know, we step
into your shoes.
Speaker 3 (16:06):
You know, the.
Speaker 5 (16:08):
IRS doesn't have a right to call you. Once our
power attorney is there unless your power of attorney is
failing to do what they're hired to do being in
communication with the IRS. But we're in communication with the
IRS as.
Speaker 3 (16:22):
Soon as we get that power return back.
Speaker 5 (16:24):
I mean, we've already put it into this central filing
and get it registered with the IRS. But we're also
turning around and making a phone call as soon as
possible to the IRS to start working on the case
and put holes if we need to put holds on things,
because the last thing we want is the IRS to
(16:45):
come back and levee your bank account or you know, hey,
I've seen it even worse than that, is they've levied
your bank account. But then you're an independent contractor and
they know who've been sending you ten ninety nine's and
they put a levee on.
Speaker 3 (16:59):
Them as well. So when you've done work and you're
supposed to be getting.
Speaker 5 (17:04):
Paid for that company, now got to send it to
the I R S and you get nothing, so you
can't pay you know, material supplies, your people. All that
is take you before you even get the money, and
so they can go to that extreme out there, you know,
not to scary, you just want to put out there
(17:25):
that hey, these are the possibilities that that do happen.
You know, we've seen i r s over the years
come after people's homes or if you've got a rental home,
they definitely want you to sell it or or they
want to sell it. And I've had some people doubt
me on that a but you can go to the
Apartment of Treasury website and see different things that are
(17:47):
for sale, including for closed businesses.
Speaker 3 (17:51):
I've even seen liquor for.
Speaker 5 (17:52):
Sale in an auction on the Department of Treasuries websites.
So you know, they're they're all kinds of things that
do happen that shouldn't happen. But that's because you know,
you've ignored the i r s, you've ignored their letters,
you've done everything to avoid paying or putting on a
(18:15):
payment plan or putting a solution to place. And it
may be avoiding, but it also may be just not
knowing what you need to do or how to do it.
Speaker 3 (18:27):
And you know, that's some of.
Speaker 5 (18:29):
The big mistakes that people do make when you start
dealing with the I R S.
Speaker 3 (18:35):
The other one is you know, when you're.
Speaker 5 (18:37):
Going out there and doing it yourself, you make the
assumption that the I R. S Is your friend or
they work for you. Yes, you pay well. If you
haven't paid your taxes, you haven't paid them anything. But
you know, as a tax payer, you're paying into the government.
And you would say, hey, these government employees work for
you know, they work for the United States.
Speaker 3 (18:58):
Department of Treasury, the.
Speaker 5 (19:00):
US government, and that is their sole job and sole
responsibility is to them, not to you or I or
anything else. When you hire us, my sole responsibility is
to you. I'm working for you. I'm there to defend you,
defend your assets, and get you the best possible deal
(19:22):
you can get with the IRS, whether it's offering compromise,
whether it's installment agreement. Maybe it's non collectible status. So
like that eighty year old man is worried about tax debt,
if he had tax debt, I could probably put him
in non collectible status and well in as long as
he lives till the statute of limitations runs out, he
(19:45):
wouldn't pay dime and neither would his a state. The
problem with that is somebody that is older, if they're
going to if they pass away before the statutes run out,
any assets that are left.
Speaker 3 (19:58):
I was going to go to the government.
Speaker 5 (20:01):
But you know, those are the kind of solutions that
we've got to look at and make decisions on.
Speaker 3 (20:07):
I give a good example. We had an eighty five
year old lady, young lady that came to us.
Speaker 5 (20:14):
And knowed quite a bit of debt, but she was
more worried about money that was going to go to
her heirs, and so we could actually structure.
Speaker 3 (20:23):
It and offer and compromise and gut it approve. She
still had good amount of money in a IRA and
partly in.
Speaker 5 (20:32):
A four oh one K, which we got them all
combined and everything, and we were able to keep that
exempt from that offering compromise because of her age and
the need for money. And the only reason she really
wanted to go through that is to be able to say, hey,
sometimes something happened to me in the next seven years,
(20:52):
because that's how long statutes would take to run out,
I would have something to still give to my kids
and it wouldn't just go with the irs. So we
look at every situation to make it make sense. And
it only made sense to us because she really really
wanted to be able to give some money to her
(21:13):
kids who have helped her out over the years and
taking care of her, and.
Speaker 3 (21:18):
So that's what her plan was.
Speaker 5 (21:21):
Others we would just put him in non collectial status
and say, hey, let the statues run out.
Speaker 3 (21:26):
If they do great, if.
Speaker 5 (21:28):
You have nothing else, it doesn't really matter. If you're
all living on Social Security and stuff that you need
to be non collectible and you just need to let
that just go away, because if you do pass away,
there's nothing there to get, nothing anyway, So why pay.
Speaker 3 (21:42):
Them very much?
Speaker 4 (21:44):
Funny, we get to a lot of letters. People love
your stories, your stories with clients. But we just got
a text from Tom in Olma, Louisiana to know what
your feelings are on fresh Start. They make it sound
(22:05):
so easy and good.
Speaker 3 (22:08):
Hey, you know, the IRS makes it sound easy good.
Speaker 5 (22:12):
Most of the large tax relief firms will make the
fresh Start sound hey great.
Speaker 3 (22:20):
My attitude on a fresh start is there's a.
Speaker 5 (22:22):
Lot of great programs within the fresh Start You've got
to know how to use.
Speaker 3 (22:25):
What is the fresh Start program?
Speaker 5 (22:27):
But when the IRS talks about it, IRS talks about
it as being a fresh starter for you, it's actually
fresh money for.
Speaker 3 (22:35):
Them because if it gets.
Speaker 5 (22:38):
You to call in off the fresh Start program and
it's setting you up on installment agreement without any financial records.
You know, hey, you owe this much and therefore you're
going to pay this much, and you agree to it.
Speaker 3 (22:51):
Fresh money, that's all. It is, fresh money, and it's
coming from you, and you're going to pay it in.
Speaker 5 (23:00):
When other companies are talking about fresh Start program, it's
available to every one of us.
Speaker 3 (23:05):
It's not their program.
Speaker 5 (23:08):
It's what we use within the system to either get
things done in an easy way, which doesn't make it
right for you, or it's to use.
Speaker 3 (23:20):
It in the most sophisticated way.
Speaker 5 (23:22):
Is to find every single little rule in there to
reduce what you're going to owe or reduce what you're
going to pay so that it saves you money and
get you that tax relief between penalty abatements, getting rid
of some interest, maybe doing that offering compromise that is
available to you out there, or maybe doing installment agreement,
(23:46):
or even looking at it and doing a partial pay
installment agreement, which sometimes is much better than doing that
offer and compromise. Maybe you and I have gone through
this and we get a lot of questions, and I've
just had a few questions come through to us here
at info at Taxation Solutions dot which is our informational
(24:09):
email address, and they were asking, you know, hey, what's.
Speaker 3 (24:14):
The benefit of doing a partial pay installment agreement? And
the benefit in that is you would pay a lower amount, and.
Speaker 5 (24:22):
If you're going to compare it to an offering compromise,
you may have to pay whatever you're going to compromise
within twenty four months or you know, maybe within five months,
depending on the amount of money.
Speaker 3 (24:35):
That's out there. But then it comes with a.
Speaker 5 (24:37):
Five year compliance requirement, and many people don't think about it.
So when your offer sitting out there pending, you've got
to be in compliance. Once they accept an offer, you
got to stay in compliance for a full five years.
Speaker 4 (24:55):
Wow, that means everything.
Speaker 5 (24:57):
If you got to make estimated tax payment, you got
to make those right, You've got to file on time.
You've got to make sure all the tax that would
be due, it's got to be paid by April fifteenth.
You screw that up and all the debt comes flying
right back with the statute of limitations where it stopped
when that offer got submitted, So you could be four
(25:19):
years into this after they've accepted it, which means basically
could be five years from the day the offer was
filed and the debt all comes back because you messed
up that one year, four years out.
Speaker 4 (25:36):
With a part five years a long time.
Speaker 5 (25:39):
Yet it is and if you've had compliance issues, I
can almost guarantee that there is a high percentage that
you're going to have compliance issues again.
Speaker 3 (25:50):
So you know, sometimes we look at a client and go.
Speaker 5 (25:52):
Hey, partial fast offing agreement is much better for you
because we know what the track record has been and
we got to get it. You know, maybe two three
years or four years in to statute limitations run out
and the debt goes away anywhere the majority of it,
so that we're going to use that partial pay installment
agreement instead and make that small payment that the IRS
(26:15):
will require you to make for maybe you know, two three,
four years, and the debt goes away and the savings
is almost is good, if not greater than what an
offering compromise is. And that's what we've done with with
people when we sat down and looked at it and
compare it, Hey, is the offering compromise better or is
partial pay installment agreement better. That's one of the benefits
(26:38):
of having an enrolled agent that has the experience to
do things right better than doing what Hey, that pipe
dream may be out there for you to say, Hey,
that almighty grail is.
Speaker 3 (26:51):
You know that offering compromise?
Speaker 4 (26:54):
Hey, Barry, what is the biggest misconception that everybody has?
Speaker 3 (27:03):
This is easy. A matter of fact.
Speaker 5 (27:07):
We had a client yesterday who we were. You know,
he was over fifty thousand, well potential client. I was
over fifty thousand, and we gave him a fee and
he's like, well that ain't worth it. I can do
it myself.
Speaker 4 (27:25):
You know, how did you keep a straight face?
Speaker 3 (27:28):
I'm glad I wasn't on the phone.
Speaker 4 (27:30):
You know.
Speaker 3 (27:30):
One of our consultants was on the phone talking with him.
Speaker 5 (27:33):
He called me up and he just say, hey, we
got this guy and it is a value your service.
Speaker 3 (27:39):
And I said, well, what did you say?
Speaker 5 (27:42):
He said, well, I was just I just told him
I was glad he wasn't talking to you or one
of the other old agents out there, with the experience
we have, and because you probably would have given him
an air fall. And I said no, Actually, what I
would have said was if you don't value my service,
you don't think what we do is difficult?
Speaker 3 (28:01):
Pick up the phone and call them.
Speaker 5 (28:03):
Go ahead and wait your two three hours maybe on
hold with the oress.
Speaker 3 (28:07):
And then when they come on and they tell you
your payment.
Speaker 5 (28:10):
Plan is going to be seven hundred and fifty dollars
a month, and you've got money in the bank and
they want that two or three thousand dollars right up
front as well, you just say yes, yes, sir, yes, ma'am,
whatever it is, and suck it up, buttercup and take
your payment plan, you know, because it's easy, and it
(28:33):
is that easy.
Speaker 3 (28:34):
Just to accept whatever they're going to put you on. Now.
Speaker 5 (28:38):
The hard part is is making that payment every month
that you can't afford that you just agree to. The
hard part is is coming ahead give parting with that
couple thousand or more that's sitting in your bank account
that they want immediately and you've got to go in
and pay. The hard part is is when you can't
make that payment, then setting up a new payment plan
with them again, why not you somebody with the knowledge
(29:04):
and the experience to set up a payment plan that
A you can afford, B is the right amount, and
C is somebody fighting for you, because I guarantee you
if if they told you now you've got to pay
(29:25):
a thousand a month and you can't afford it. You're
going to be an emotional you may go off on them,
and then you got to start all over and they
make notes, and the next revenue agent that you're going
to talk to or collections person you talk to.
Speaker 3 (29:39):
Is going to have every one of those.
Speaker 5 (29:41):
Notes, and that payment plan is still going to be
a thousand dollars and you're still going to be upset,
and you're still not going to get anywhere.
Speaker 3 (29:50):
But our job is easy.
Speaker 5 (29:53):
The second sumption that is out there is the IRS
is your friend.
Speaker 4 (29:58):
I can see very people think, can oh I can
outsmart them, or you know, I can pull one over them.
You don't do that with the IRS, do you.
Speaker 3 (30:07):
Oh? No, you know it's the IRS out smart than you.
Speaker 2 (30:11):
Yeah.
Speaker 5 (30:12):
They are trained to ask the questions that are the
leading questions to get the answer out of you. You know,
not just in collections, but let's say you're going through
an IRS audit, and then you've got questions to ask
you that are traps. They're actually going to require an
(30:35):
answer out of you, and when you answer them, you've
just basically got rid of every single tax deduction that
they're wanting to challenge on you because you answered it wrong.
So the beauty of having us like an audit or something,
or even in collections is we don't have to answer
the questions. We can actually stop say hell, I need
(30:58):
to get it with my client to go in and
verify some stuff. The question goes away invariably. Also, if
they do continue to ask that question, I can go
back and we can reformulate the answer and put the
paperwork together that meets the answer to that question as well,
(31:20):
so that those tax deductions or maybe we get that
lower payment plan in place, we can work through.
Speaker 3 (31:27):
It with you to be able to get there.
Speaker 5 (31:30):
I've had clients that actually started out representing themselves in
an audit and their whole mileage log got thrown out.
Speaker 3 (31:39):
They answered the questions wrong.
Speaker 5 (31:44):
They provided let's say, you know, not only did they
get the mileage log, but then they wanted an oil
change receipts, so they provided oil change receipts, and the
oil change receipts shows that, hey, they got an oil
change in January and it was let's say thirty thousand miles,
and they got an all change in August and it
was you know, thirty five thousand miles, but on their
(32:08):
mileage log they were reporting that they drove twenty five
thousand miles for the whole year.
Speaker 3 (32:15):
Well it doesn't work. I mean that is why they.
Speaker 5 (32:19):
Are asking for that information in those things for the support.
Whereas I could have gone in and said, hey, they
do all changes themselves.
Speaker 3 (32:29):
They don't want to get them done anywhere else. They
haven't had any other work done. We're not required to
provide that. We're only required to provide actual mileage logs.
Speaker 5 (32:40):
If you want to come out and see the client's
dominator on the car, come on out. I'll beat you
at the car, you know, whatever you want to do.
I've never had a revenue officer or I R SG
come out and check an O dominant or a car.
Speaker 3 (32:53):
So you know, we can. We can play all kinds
of games here.
Speaker 5 (32:56):
But what we're trying to do is make sure that
you know we're not in the eyes and crossing the
t's and doing this the right way and going down
the right path to save you. Whether it's an I
R s audit, whether it's in collections, whether you've got
a revenue officer you're dealing with. Our job is to
protect you the taxpayer, and protect you not from the
(33:19):
I r S only, but also sometimes protect you from yourself.
Speaker 4 (33:24):
Parry, I did not know that you also get involved
with clients who are going through an audit, because that
does make so much sense.
Speaker 5 (33:32):
Oh yeah, you know. What we try to do is
guide everybody. If there's an I R S issue, we
can do it all.
Speaker 3 (33:41):
You know we've done. We do audits on a very
consistent basis.
Speaker 5 (33:45):
When somebody's going through an audit, we also do the
tax prep. We will also of course collections. We go
and work within the I r S to the highest
levels of the I r S. The only place we
don't go into is tax court. We do have some
tax attorneys that we work with as well that if
(34:06):
we ever needed to get into text coort, we could
do it as an enrolled agent. Like I said, we
can only represent to the highest levels of the I
R S. We just don't enter into tax court. Now
that being said, we have guided some people in tax
court and we're able to go through and help them
in mediation or help them.
Speaker 3 (34:28):
Outside of court. I've been in court.
Speaker 5 (34:31):
A couple of times with our clients, not to represent them,
but to more help and guide them on you know,
what their tax situation is, and you know, maybe give
them some guidance on UH and answer some questions on
taxes itself. But most of the time we'll resolve anything
(34:52):
going to tax court through appeals and mediation with the
I R S then entering court. If you if you
really want to go to court and stand on principle,
sometimes it's just going to cost you a heck of
a lot more money than what is really worth doing.
Speaker 3 (35:10):
I mean, principle gets expensive.
Speaker 5 (35:14):
And I tell people that all the time, and hey,
if you want to fight on principle instead of on fact,
it becomes a lot more expensive to do those things.
And the attorneys will charge you in our LA to
fight for principle. And I've looked at tax Coourt rulings.
I look at them all the time when they come
(35:34):
out to see what the rulings are in favor and
most of the time, you know, we're going to see that,
you know, they're going to rule favor of the I
R S.
Speaker 3 (35:44):
We see that a lot when the.
Speaker 5 (35:46):
Rulings come out in favor of the taxpayers. We're going
to use those rulings to support things we do in
the audits as well, so that we've got our basis
and our ducts in a row to support your it.
Speaker 4 (36:02):
We just got a text from Ben in Norman, Oklahoma,
University of Oklahoma. Barry just found your show. What an
incredible show. I take it. You're in Texas.
Speaker 3 (36:17):
What do you do?
Speaker 4 (36:19):
Can you handle a client in Oklahoma? And how do
you do that?
Speaker 3 (36:26):
Absolutely, we're in nationwide.
Speaker 5 (36:28):
I've got fifty offices around the country that we use
predominantly if we have to meet with the I R S.
Speaker 3 (36:36):
All of our enrolled agents are the.
Speaker 5 (36:39):
Majority of them are here based here in Texas. But
you know what we do is we gather information. We've
got secure portals, We've got Zoom, we've got phones. All
of our contact is with the I R S via phone.
That's the way they do business. I've had probably in
(37:04):
the last forty years of doing this, I should say
in the last twenty years of doing this part, I've
had maybe two in office of visits with an IRS agent.
So I can work with the IRS anywhere. And you know,
we've got offices here are here in Houston. But again
I've probably been down to the IRS office in the
(37:26):
last twenty years, probably twice, and that's.
Speaker 3 (37:31):
Been about it.
Speaker 5 (37:32):
Otherwise, if I need to transfer a case here, because
I'll have books and records or whatever here for you,
we would transfer the case into a revenue officer here locally.
If we've got to work with somebody there in Oklahoma,
that's not a problem.
Speaker 3 (37:46):
We do that all the time as well. We make
it as simple and easy on you as.
Speaker 5 (37:53):
Possible in our solutions and working with the irs.
Speaker 3 (37:59):
Everything's national, so it's really simple and easy for us
to work that way.
Speaker 4 (38:05):
You just work federal taxes, right Berry.
Speaker 5 (38:09):
No, actually we do state taxes as well. There's some
states we don't, so I'll be perfectly honest. I do
not like dealing with California and refuse, and New York
is pretty much another one. But I have taken a
few cases out of New York and New Jersey. I
(38:29):
deal a lot with state taxes in New Mexico, so,
you know, being a nationwide tax really firm, we will
take on the state resolution as well. Ohio is another
bad state for taxes, and we see a lot of
tax liability coming out of Ohio as well, and we'll
(38:52):
deal with with those taxes there also.
Speaker 4 (38:57):
You know you just said about being in business for
forty years, Berry, I got to tell people because I
do a lot of Google and yell and I got
to say a lot of these quote big companies have
(39:21):
the most negative reports on them, and it's a lot
of people had paid them and they never return phone calls.
I mean, you know, you know this, Berry, but you
also see those companies don't stay around long, especially with
all the negative reports. You've been around for a long time, Barry,
(39:44):
and that should tell people that your clients are happy
with how you represented them, you know.
Speaker 5 (39:56):
One of the toddest things for our tax textually firmed
now Taxation Solutions done.
Speaker 3 (40:01):
That has only been around since two.
Speaker 5 (40:04):
Thousand and eight, but we've got an A plus rating
at the BBB. I'm very proud of the fact that
we've maintained that kind of rating and everything. I don't
ask all of our clients to go out there and
do reviews for us. I don't ask them to go
and rate us at the BBB. Those that have have
done it on their own, you know, And so we
(40:30):
don't push that to people that go out there rate
us on Google and do that. I just take pride
in the fact that my clients are happy my clients.
I've provided them a service and gotten them what they
do qualify for. Not to saying that everybody is going
to be extremely happy, because there's going to be some
(40:52):
people we may put the best solution they could possibly
get in place, and they're not going to be happy
with it because they their neighbor got a better deal
than that, or somebody else they talked to got a
better deal with them, or they see, you know, one
of these ads out here, and the ad says, hey,
(41:12):
I was able to sell this for.
Speaker 3 (41:15):
You know, penny a dollar, you know, and you know,
not everybody qualifies the exact same way.
Speaker 5 (41:25):
Everybody's situation is different, and that's what we kind of
go through and discussed with you. We were just talking
the other day about a client who you know, we
saved him, you know, close to half a million dollars,
and he wasn't happy with us, you know, it was
a bad writing or anything. He just you know, took
it out on me that I didn't do better for him.
Speaker 3 (41:45):
You know, he still owed a.
Speaker 5 (41:46):
Couple hundred thousand, but we saved it more than a
half a million times, you know, and in that situation,
and sometimes you just sitting there shaking your head, going
but I told you this is what we could do
and this is where we would be, and you're still
not you know, because I just saw this ad where
this guy was talking that you know, he owed, you know,
fifty thousand and only paid like one hundred dollars or
(42:08):
a thousand dollars. You know, Hey, everybody's situation is different,
but your savings was much greater than he ever got,
even in that ad.
Speaker 3 (42:20):
And who's to.
Speaker 5 (42:21):
Say that ad was, you know, a correct ad either,
you know, it could be somebody just saying, hey, this
is what you know we do, so you know, we've
got to look at it and say, hey, this is
where we're at. But again, a plus rating at the BBB.
(42:41):
I couldn't be more proud of the fact that we
have that there, that we provide great client service to
our clients. We're in communication with you every single month
now a lot of times, and I have some clients
to tell me we call them too much, which I
didn't think was POSPI. But when we're hot and heavy
(43:03):
on a case and the irs is hot and heavy
and we're trying to get paperwork to them as quick
as possible, we may be in contact with you every
day trying to get information, and that means we need
information really quick because they're either going to take action
or we're trying to get something resolved. So we may
(43:23):
be sitting into offering compromising. We may have that offer
out there with the IRS for you know, six months,
eight months and nothing happening. Every month we're in contact
with you, we're telling you, hey, we're just waiting on
the IRS. It's still pending. And then all of a sudden,
you know, six months later, we get contacted by the
Offering Compromise Unit and we need paperwork immediately, and we
(43:48):
got to get it to them, and we only have
maybe a week or two weeks whatever we've been able
to build in to get that paperwork back to them
so that we can satisfy their inquiry, get this offer,
you know, approved, and so now we're all of a
sudden in contact with you, you know, every day, or
maybe even twice or three times in a day, saying, hey,
(44:09):
you said you're.
Speaker 3 (44:09):
Going to get it to us. We've got to get it.
Speaker 5 (44:12):
Our deadline's coming up. We've got to do this. We've
got to meet these deadlines and everything. So you know,
That's one of the things that you know, we're also
very proud of is that we stay in communication letting
you know what's going on where we're at. We don't
want you to drag your feet. We want we asked,
We want to be able to get that information as
quick as possible so we can keep things moving for you,
(44:35):
so that we can satisfy what the irs needs, so
that we can get that tax relief, that solution in place.
So that's where you know, we go and we error
on the side of being in communication and being on
top of.
Speaker 3 (44:53):
Things for you.
Speaker 4 (44:55):
Very You must be so proud of the reputation that
you that Taxation Solutions has.
Speaker 3 (45:06):
You know, I am.
Speaker 5 (45:08):
I think the proudest thing that I can say is
I'm proud of our company.
Speaker 3 (45:15):
I'm proud of our staff.
Speaker 5 (45:16):
Our staff does a wonderful job with everything they do
for our clients and fighting for tax relief.
Speaker 3 (45:23):
I think the proudest moment though, for me, is before.
Speaker 5 (45:28):
My father passed away a couple of years ago, him
and I were sitting down.
Speaker 3 (45:33):
Talking and he looked at me and his son.
Speaker 5 (45:35):
You know, I've never been more proud of you and
what you do and how you handle your clients, and
I could have never ever been in business doing something
like this, you know, for myself. But I have to
admire what you've been done and what you've been able
to accomplish, you.
Speaker 3 (45:53):
Know, for your clients.
Speaker 5 (45:55):
And you know, having a father that tells you that
just I mean, it put me through the roof.
Speaker 3 (46:03):
I mean my head was huge.
Speaker 5 (46:05):
Out there, you know, and I find that, you know,
not just my clients telling me that.
Speaker 3 (46:11):
You know, hey, we like what you do, but your
father telling you those kind of things.
Speaker 5 (46:15):
And I'm kind of getting choked up thinking about him,
but yeah, those are there.
Speaker 4 (46:22):
No, you know, I hear you. Let's tell people all
the different ways that they can reach you.
Speaker 5 (46:30):
All right, So yes, I haven't been very good at
this today, but you've got to reach out to us
at eight eight eight nine three zero one zero one
six again eight eight eight nine three zero one zero
one six or go to our website at Taxation Solutions
dot net again taxation solutions dot net and click contact us.
(46:55):
One of our representatives. One of our consultants will be
on the phone with you and call you. If you
want to communicate a little bit through the through email.
We can start out doing that we do.
Speaker 3 (47:04):
Want to be on the phone to talk to you.
Speaker 5 (47:06):
We want to be able to get gather information from you,
to be able to tell you, hey, this is what
we can do. But again, it's a free consultation, it's
a free phone call. It's even free to connect with
us on the internet, and it begins with either going.
Speaker 3 (47:23):
To Taxation Solutions dot net.
Speaker 5 (47:25):
We're picking up the phone calling that special tax relief
hotline we have eight eight eight nine three zero one
zero one six Again eight eight eight nine three zero
one zero one six.
Speaker 3 (47:37):
Hey.
Speaker 5 (47:37):
We're going to post this up on our Facebook page
at Taxation Solutions tax Relief and some of our other
pages across the country as well. So if you want
to rewatch this or want to send it out to
a friend and to connect with us on Facebook, even
even on TikTok, LinkedIn, and I can't think of all
the other social media, this show will.
Speaker 4 (47:58):
Be always on YouTube, iHeart Library, Facebook, Spotify, you can
reach anyway. All the shows will be there. Barry, I
am so blessed that we have Taxation Solutions, but more importantly,
we have you, who I consider a friend. Barry will
(48:22):
be back again with us next month on Ask the experts. Barry,
have a wonderful weekend. God bless you and we'll see
you soon.
Speaker 3 (48:31):
Thank you, Steve.
Speaker 5 (48:31):
I appreciate it. Thank you to ask the experts in
the radio station again. Reach out and call us at
eight eight eight nine three zero one zero one six.
Let us get started helping you today like we help
many people all across the country.
Speaker 3 (48:45):
Thanks again, Steve.
Speaker 4 (48:47):
That's Barry Fowler Taxation Solutions. That's it for us today.
We'll be back again with you next week with more
asked the experts.
Speaker 6 (48:56):
Thanks for tuning Toating today to be ask the Experts
on the Worcy Radio and Talk for TV tu ite
in next week and every week to hear more from
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(49:17):
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Speaker 2 (49:20):
See you next week.