April 23, 2025 • 46 mins
Dealing with the IRS Offer and compromise Baack taxes
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Ask The Experts Atlanta is broadcast live Wednesdays at 10AM ET on W4CY Radio (www.w4cy.com) part of Talk 4 Radio (www.talk4radio.com) on the Talk 4 Media Network (www.talk4media.com). Ask The Experts Atlanta is viewed on Talk 4 TV (www.talk4tv.com).
Ask The Experts Atlanta Podcast is also available on Talk 4 Media (www.talk4media.com), Talk 4 Podcasting (www.talk4podcasting.com), iHeartRadio, Amazon Music, Pandora, Spotify, Audible, and over 100 other podcast outlets.
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Episode Transcript
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Speaker 1 (00:00):
The topics and opinions expressed in the following show are
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make no recommendations or endorsements for radio show programs, services,
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(00:21):
W FOURCY Radio.
Speaker 2 (00:26):
Welcome to the Ask the Experts show on W FOURCY
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, Spivo and Sophia.
Speaker 3 (00:55):
Hey, good morning, Welcome to another ASC expert show where
we bring you the topics. It's in the field of legal, health,
financial and home improvement. I always write out a little
something before each expert, and this show this morning, I
don't have to write anything out. We've been doing this together.
(01:16):
I think about twelve years now. We started off in
radio together. But I wanted to say before I start
is I got an email from a listener telling us
how much they listen to a lot of podcasts and
a lot of national shows, and he compliments on how
(01:37):
much he enjoys listening to her shows, and he said,
especially your show about tax accents. He said, I really
enjoy that very Fowler. And I thought that was so
cool for someone to take the time out just to
write a letter like that and compliment us. And Bury
(01:58):
Fowler with out of doubt puts on the best show
because he sits here for one hour and educates you,
and he's got so much experience. And we were just
talking before the show. The show goes by so fast,
and we do two fifty minute shows a month. Let
(02:18):
me welcome the president and founder of Taxation Solutions Z.
He's an enrolled agent, he's licensed to represent tax players
before the Internal Revenue Service. He has got such a
great experience, and I think one of the reasons I
love Barry is how he he's always a thinking of
(02:41):
new ideas to help people, and that doesn't happen very often,
so I want to welcome my friend Barry Valer of
Taxation Solutions in Good morning Barry. Hey, good morning Steve.
Are you today, man? Yeah, it's so easy doing your show.
It's so easy introducing you. And I'm telling you, you know,
(03:06):
you got that little bit of that sex, that southern
drawl like I do. And people really appreciate they. You know,
what they love about your Showbury is your stories that
you tell. You know, we don't ever give out names
or anything, but anyway, people really appreciate you. And you
(03:27):
also have your own podcast that you do on Mondays.
Speaker 4 (03:31):
Yeah, it's a tax Talk for you. You can get
a taxt talk for you dot com and subscribe there
so you don't miss an episode. And if you have
missed one, We've got all the podcasts and all the
different podcast sites including iHeart, Spotify, you name it. It's
it's pretty much out there. You know. See when we
do these shows, you know sometimes we chat before the
(03:53):
show and you know, just find out family and everything.
We were talking about your son, and I think our
producer Rebels said something really interesting. One bad baseball coach
can really sedicated back or make him lose the love
of playing the game. Well, I got to think in
just a second ago that relates to taxes. Yes, one
(04:17):
bad tax preparer can set you up to have a
very bad experience and owe money to the I R S.
Even gets you an audit trouble. So you know, when
you start thinking about life, you know you got to
think about you know, who you choose or have chosen
in the past to do your taxes, who you choose
(04:39):
to represent you when you owe the I r S money,
Because that person, including yourself, if you're a do it
yourself or can be the one that gets you into
bigger trouble, more penalties, more taxes ode or go through
that dreaded IRS audit that every body ever dreads.
Speaker 3 (05:01):
You know, Barry, I was thinking the other day because
we've talked about it on the show before. Uh, there's
a national company that prepares your taxes out there, and
they say, you know, if you ever run into a
problem with the RS, if they've prepared your taxes, they're
right there with you. And I think they keep their
(05:21):
fingers crossed that no one ever has a problem, because
I told you a friend of mine had a problem.
They prepared their taxes farm and the RS saying no
U O more had burr. They were not there for them.
They didn't return phone calls, they did nothing for them.
(05:43):
And that's one of their big things. We prepare your taxes.
If there's a problem to ours, we will be there
right with you. But that doesn't.
Speaker 4 (05:54):
You know, they're gambling that. Yeah, there's basically what are
cost one or two as that people get audited, so
the audit chances aren't really high. Now, if you've got
somebody that really screws up your tax return doesn't include things,
includes things that don't exist, like a maybe they put
in there that you're running a business and losing money,
(06:16):
but you've never owned one. You know, you got to
look at what you're signing. And people these days don't read.
They don't look. They just sign. You put a piece
of paper in front of them, they sign. It's kind
of like downloading those apps. Who reads the merit of
pages of disclaimers and reasons. You know, here's what you're
(06:38):
agreeing to. Did you ever read those? You know, if
they lose your information, you lose privacy. There's not their fault.
They don't care. It's the same thing when you sign
your tax return. The prepare is not responsible for what's
in the return. They just prepared it. You sign with
(06:58):
one hundred percent ability and responsibility for that tax return.
So when you sign your tax return, go through and
look at it. We never, when we're preparing returns, send
them a final return to sign without them looking and
reviewing a draft first. People say, hey, I don't understand it.
(07:20):
I don't know what's in it. Hey, we talked to them.
We'll explain to you. Here's where these numbers come from.
You know, this is your W two. This comes from
your business income from a business you have, and here's
your schedule. See or you have k ones coming from
investments or business that you possibly own. This is where
(07:40):
the information comes from. You need to have at least
a little bit of understanding on what's in your tax
return before you sign it. So when you go to
some of these places that just say, hey, we'll prepare
your return for you, and maybe they're the lowest costs
that you can find out there, doesn't make them the
best choice, doesn't make them qualify. Some of these places,
(08:01):
they're only as good as the person doing the data input,
and all they're doing is following the data input on
their screen. It says in, put W two here and
put this here, go to this next question, and that's it,
and then they don't do anything more. Whereas we're looking
for places that you can save money, we're looking for
(08:21):
credits that you should be taking that you haven't taken.
When you're a new client of ours, we go back
and look at your last two or three tax returns
to make sure a they were right, make sure everything
was reported, and then look for deductions you didn't take
because they weren't looking for. And that's how simple we
try to make things for you.
Speaker 3 (08:40):
Barry. We just got a text in and I know
we've touched on this before, but he says, I'm joining
your show. I noticed you talking about how long the
tax forms are and how people don't read them. Barry,
what happened to that postcard that we're going to do
(09:01):
to make filing taxes easier? I know we've talked about
this before, all right, So I'm.
Speaker 4 (09:06):
Going to get myself in trouble, all right, And Lord
knows I'm not willing to jump out there and get
in trouble ever, am I. The Congress passes a law,
and if it was show up to the Democrats, the
forum would just simply say how much did you make,
send it in and we'll give you something back. Republicans are, hey,
(09:27):
we got to find as many credits and giving people
back his money and lower the tax rates for everybody
across the board. When you have both of those fighting,
and then you have all the lobbyists out there, now
you go from that little postcard, which was never really
a post guard. It was a two sided postcard with
a myriad of schedules behind it. So schedule one, schedule two,
(09:49):
Schedule three, schedule ce, schedule this, schedule that, and it
never really ever was that postcard. They were trying to
make it simple so you could just if you were
a w TO person and had nothing else, you just
put your W two in there and you're done. But
if you have you know, investments, you have a business,
you have children, or maybe you qualify for the Earned
(10:12):
income tax credit, you've got to file all these forms.
I mean, the I R S even throws on us
a lot of due diligence. So you know, if you
have a child reported on your thing, or you qualify
for earned income credit, or you qualify for head of household,
we've got to do a lot of due diligence. We've
got to check to make sure for the I R
(10:34):
S that some of this stuff is right. So it's
kind of crazy that the things they throw on us.
But it makes that postcard very very big, many forms,
and if they did it in a postcard form, I
think it would be you know, something like that high
We have many postcards in it. But also you've got
to remember, almost everything's electronic these days. Can you go
(10:56):
to the post office these days and get all the
tax forms you need like you you used to be
able to do. No, you don't see them there. You
don't see the instruction books there. Last time I was
at the post office, you'd have to go down to
the IRS to get it. And I don't even know
if they have all the publications printed out there anymore.
So you know, we don't know. But if you need help,
(11:17):
you know, if you owe money to the I R S,
you know, give us a call. You know, we'll do
a free consultation. It's a free phone call. It's eight
eight eight nine three zero one zero one six eight
eight eight nine three zero one zero one six. Hey,
this is a hotline. We're offering tax analysis. If you've
got a tax problem. Let us find out what the
(11:37):
tax problem is, figure out what the debt is. We're
going to do fifty percent off for those that are watching, listening,
or ask the experts, and you know, we want to
be able to help you figure out, Hey, was it
the IRS right? You know you and I have talked.
IRS is not always right. People get scared to challenge
(11:57):
the IRS. We're not scared to challenge the I R
S and tell them they're wrong. We're not scared to
go tell the IRS. And this needs to be fixed.
I mean, get a proper amount of debt, or maybe
even get rid of the debt just by fixing tax
returns that we're either done wrong, or the audit was
never done with support, or the IRS has blatantly missed it.
(12:20):
And that could be the case too.
Speaker 3 (12:21):
Now, we just got through with tax day here in Florida.
They've extended it, but for most people out there, tax
day has passed. We've got a lot of mail berry
which we talked about on our last show, people asking
what can they do if they don't have the money
or to pay their taxes, or if they haven't filed yet. Well,
(12:45):
if you.
Speaker 4 (12:45):
Haven't filed yet let's get your filed. I mean that's
the first thing, because you can't deal with tax debt
if you haven't filed the current years to return or
you know, the last any of the last six returns.
We've got to get those files. So the first step
is to get that filed. Second step is do that
tax analysis. See what else you have going on out
(13:07):
there or why you owe maybe there's a simple solution.
And then and the third is let's find the solution
to put in place that qualify for it that you
can afford. You know, just because you owe the IRS
money doesn't mean you've got a full pay. It doesn't
mean sometimes doesn't even mean you have to pay, because
(13:32):
you possibly could be in a non collectible status. And
sometimes it means we can just go in and settle
this debt for a lot less than you owe, but
you've got to meet the qualifications and the parameters that
the IRS has set for every program that the IRS
has out there. Now, we sit down with each one
(13:52):
of our clients and we do something probably a little
bit different, and we know, just analyze the debt that
you have in reasons for it. But we sit down
and start looking at your financial history, what's going on
currently financially for you, and we try to help you
(14:13):
reset your life to qualify for the best program ever.
So that means if it is a partial pay installment agreement,
we've set you up to pay only a partial amount
of what is due over whatever the se said statute
(14:33):
of limitations for the debt to run out, or maybe
the debt is way too much and you want to
get rid of it. You can't wait for the statute
of limitations to run out, and you qualify for an
offering compromise because maybe we change a couple of things
in your life to make it better for you to qualify,
and instead of paying the IRS, you're investing that money
(14:55):
into yourself, into what's happening in your own personal household
that makes your life a little bit better.
Speaker 3 (15:03):
And that's a.
Speaker 4 (15:03):
Big difference between somebody that's just going to sell you
on a program whether you qualify or not, and somebody
that's going to take the time to try to help
you qualify where you can or get you into a
program that maybe meets your life and your lifestyle better.
That's sometimes the hard part in doing this because most
(15:25):
cookie cutter, big box whatever you want to call them
out there that are doing IRS resolution work. Sometimes just
think you follow right into the same box as everybody
else because that's what they are taught to sell versus
those that actually care about you and what fits you
(15:48):
the best. Perry.
Speaker 3 (15:49):
I bet you you have heard so many stories. I mean,
think about people who owe the IRIS. It's not like
a normal bill, it's the IRS and they don't have
the funds to pay, or they don't know what to do.
They think they're going to be going to jail. And
(16:11):
when they actually contact you, contact Taxation Solutions, I got
to tell you they must after sitting down with you,
have to come out of that your office so relieved
because it is going to be a horrible burden on
somebody when they owe the I R S.
Speaker 4 (16:33):
Well, Steven, some people will come out of here knowing
that the pressure has been taken off their back. Some
people come out of here hating me, and I can't
do anything about it. It's their life situation, you know.
Speaker 3 (16:48):
Right.
Speaker 4 (16:49):
You hear the commercials that are out there, and those
commercials are you know, settle this for far less than yo.
And you you expect the pipe dream and you have
called this company and or that company, and they've told
you that you can have the pipe dream that you've
(17:10):
always wanted in your life to settle your debt for nothing. Yes,
then you sit in with us and we put realization
to it, and we actually talk about numbers. You know,
we talk about what you think you owe, because when
you think you o may not be exactly what you owe.
You may owe more. A lot of times you can
do because you had to open to all those wonderful
love letters that the IRS sends you. And then we
(17:32):
talk about your income, your assets, including your house, your iras,
your four to oh one case, and you know, maybe
this debt was yours personally, and you got married recently,
well we got to talk about your wife's income because
it supports the family too. And now with all of that,
we sit down and we showed you the numbers, and
you go, you don't qualify for an offering compromise. You
(17:55):
may not even qualify for a partial pay installment agreement.
But we can go after pay on the abatement. We
can go after fixing tax returns if that's the case,
and then it's an installment agreement. And some people walk
away and go, you have no idea what you're talking about.
But these are the ones that come running back to
us four or six months later and went, man, I'm
(18:16):
sorry I doubted you. I wish I would have been
with you to begin with, because we could have put
this thing to bed and you could have really helped me.
Now I've got a bigger problem. So if you're actually
on the phone talking to a IRS resolution company, ask
them the question, how do you know that I can
qualify or an offering compromise, especially when they didn't ask
(18:39):
you your income or anything about your assets. Yeah, your life.
If you can ask that question and they can honestly
answer you, you can qualify because you don't make enough income,
hang up the phone quickly because remember they didn't even
ask you that question. Or they say everybody qualifies, we
(19:00):
can get everybody qualified. Well, then what's the guarantee everybody
qualifies and they're going to hang up the phone? Or
better yeah, play it. Play a really nice game with people.
And I do this even with scam people. When they
answer the phone and you hear something say it's on
a recorded line, or they start talking about wanting to
buy your house or wanting to sell sell your tax debt,
(19:22):
tell them you're you're on a recorded line as well,
and watch how fast they hang up. That's a great idea. Hey,
now you know it's a scam. You know, I've had
people call me over my tax debt. Really I don't
owe any money, and I know that for a fact. Yes,
and you know, so I'll play along, but at some
(19:44):
point I'll also say you're on a recorded line, and
then they hang out immediately, which you know, I know
it's a scam. So if somebody's calling you over your
tax debt, just hang up the phone, even if you
know you owe, hang up the phone, you know, Call
text a Solutions. Go to Taxation Solutions dot net if
you call us at eight eight eight nine three zero
(20:05):
one zero one six. Again, we're doing that transcript analysis
fifty percent off. We're going to talk for free about
your tax debt, your tax problems, what got you into
the problem, no judgment zone, how we could possibly help
you find and get you the best solution to your
tax debt. But that's you pick up that phone and
(20:26):
calling us and asking for that consultation, talking to us
about what's going on for your tax problem, and that
includes federal and state taxes. We deal with both of them.
We have a lot of clients in New Mexico that
have been calling us and help, letting us help them
get them out of trouble with the state. And you
(20:48):
know that's not an easy fee dealing with some of
the states. You know, in New York Jersey. You know, California.
California is a whole another topic out there. You know,
you know, we'll help you with California. But those guys,
I don't even think they know what they're doing franchise
in California, and they're worse than the I R s
(21:09):
at times. But if you're in the great state of Texas,
we don't have to worry about that, you know, even Florida, Tennessee. Man,
you can pick states that don't have income tax and
you don't ever have to worry about it as we
make it easy. And Illinois is another one that we've
we've dealt with to get people out of their income
(21:30):
tax debt stuff as well. So we do things to
help our clients solve their problems, get out of debt,
get their life back, be able to sleep at night.
I think that's one of the best selling points of
taxation Solutions. You get to go to bed, sleep at night,
get knowing that Taxation Solutions took that tax monkey off
(21:53):
your back and we're dealing with them. We're going to
beat him into submission. And that's what happens with the monkey.
Speaker 3 (21:59):
Veryan in Seabrook, Texas, I don't know where that is,
he said. I saw a commercial the other night from
one of the national extra resolution companies and they said
that the IRS now goes to your neighbors and your relatives.
(22:20):
Is that true?
Speaker 4 (22:23):
Roman, Thanks for the message and everything. I'm laughing. Yes
and no, okay, a lot of these companies are going
to do every scare tactic they can possibly do to
get you to call them. Now that being said, I
R s S is the biggest, baddest, nastiest election agency
(22:44):
in the whole wide world. Have more power than any
other agency, especially here in the US. I guess Russia's
you know, KGB or whatever it is that they have
would probably be worse because, yeah, they probably come out
a little bit worse than ours. But if they're considering
that you've committed fraud, that you know, criminal investigation Unit
(23:09):
is looking at you, yes they can come out and
do it. You've completely ignored the irs for an audit,
and they think that you've lied to stole from them
by not reporting income or whatever. They always say, yes,
they can go to friends, family, neighbors, business associates and
(23:33):
inquire about you. So, you know, let's say you're reporting
you have almost no income from your business, but you
live in a million dollar house and have a pool
and all this other fun stuff that you can't afford.
Based on what you're reporting on your income tax return,
you know, they're going to consider that you did commit fraud.
They're going to do everything they can to investigate. So
(23:57):
but you know, people that do that, they know who
they are. They have to really worry about it, you know,
dang in and day out. You know, I've had a
client that years ago they were complaining to me that
their neighbor never paid tax and did everything under the
sun and wrote every single thing off. And I said, well,
(24:18):
you know, first off, you don't really know what your
neighbor's doing or not doing, because they let you look
at a the tax return, right, most likely they didn't.
It's like a couple of our truckers that we do
bookkeeping and tax for. You get advice at the fuel pump.
Is that advice good? It's only worth what you paid
for and you didn't pay them anything, did you, So
(24:42):
it's worth nothing, you know. And you know, maybe they're
writing things off. Maybe they have a business in the
home and they've done improvements for the office for the
business and they're writing that off because there's possibilities of
doing that. Or maybe they got a bigger piece of
property they put a shed and they're using that shed
(25:03):
or building for business. But yeah, there's write offs there,
but doesn't mean they're not paying any tax. It doesn't
mean they're getting away scott free or writing every single
thing off, And it also doesn't make it right. So
you've kind of got to look at every single thing
you're doing and how it relates to your business. Now,
I speak at a wonderful organization called OIDA Owner Operators
(25:28):
Independent Drivers Association and specifically around trucking and truckers bookkeeping
and trucker taxes, and we talk about how to make
sure that items that you're claiming on your tax return
or not claiming on the tax return, let's say that
should be business that you're not claiming for business, because
(25:50):
we want to make sure everything that you're paying for
for business is pre tax, not after the money has
been taxed. So we're looking for items that you're doing
things in personal life that shouldn't be business, and making
sure that the bookkeeping is done right so the taxes
can be reduced to the lowest amount allowed by law
and get you every deduction that's out there. Those are
(26:10):
the fun things we get.
Speaker 3 (26:11):
We're going to talk about that. We always answer everybody's questions.
Here's Brent Landberry that your company have the tax forms
or do you know where to get tax forms?
Speaker 4 (26:23):
If you're looking to do taxes yourself, the best place
to go is IRS dot gov. You can request any
forms that you need there. We have no forms here.
We have our software. We electronically file pretty much every
single return we can. We can file the back years
(26:45):
anything before twenty twenty two, so twenty one and earlier.
We do the tax returns. We have to print them out,
we have to get actual manual signature on them, and
then the forms get into the IRS to be filed.
We cannot electronically file them. As much as the IRS
wants everybody to e file. For some reason, their computer
(27:10):
system only allows us to electronically file the last three years,
so you know twenty four, twenty three, twenty two can
be electronically filed. Anything before that has got to be
pay per filed. Now, when you pay per file, expect delays, delays, delays,
and more delays. Sometimes it takes thatr the IRS almost
(27:34):
a year to process those old returns. Now, if you've
got a tax problem, we'll work with the revenue officer
or one of the IRS agents to get that balance
reflected so that we can actually start the process of
putting a solution in place. If that solution happens to
(27:54):
be an offering compromise, we can file that offering compromise
with those returns included, so that we can get this
moving faster down the road to the path of settlement
as opposed to waiting for them to slowly process those returns.
And it's going to get worse with them cutting back
(28:15):
people from the IRS, but some of those people didn't
know what they were doing anyway, so it's probably a
good cut.
Speaker 3 (28:21):
Very I was shocked. I watched an interview with the
DOSE people that are looking at the IRS, and I
was shocked to see how old their systems are, how outdated.
I know you're not surprised, but I was shocked how
(28:43):
outdated their systems are. Is that shock you at all?
Speaker 4 (28:48):
It's shocking because of how much money they have put
into the systems that they do have. And with that
kind of money, you would think think their system should
be a state of the art, top of the line, quick,
fast and easy. But we always knew, you know, dealing
(29:10):
with the IRS agents. I mean it's the system drops,
the system slow, and we're sitting and waiting, and when
we deal with the IRS, they'll tell us, well, we've
got to go through and gather information. Mind, if we
put you on hold for five minutes and then five
minutes is up, they come on and I need five
more minutes is out? Okay? What am I going to say? No,
(29:31):
So I have to hang up the phone and call again.
You didn't even couldn't even gather the information in the
first five minutes. And my system that I have when
you're a client and we've got power of attorney already
on file for you, we get the power of attorney
on file. I gather most of that information in less
than three minutes from the IRS's systems. Now it takes
(29:52):
us longer to get all the rest of the detail
because we've got to actually call the IRS to get
tax mod A and some other proprietary reports that we
want to see what's going on and what the IRS
is doing behind the scenes. But my system, once we
get through that can gather all the information give it
(30:12):
to me, so I could spend a few hours sitting
down and doing an analysis of it, put it into
a nice report so that everybody has an understanding of
the tax debt and where you're at with the systems
that are in place. So it's amazing that the IRS
couldn't do the exact same thing as fast as we can,
(30:34):
even in their antiquated systems, because our system pulls it
from their antiquatism.
Speaker 3 (30:39):
Hey, Barry, I thought the other day when I saw
the twenty I think it's twenty nine thousand agents are
taking early retirement. And if you've ever tried to contact
which if you're a business owner the IRS and how
long you're on hold for, it's going to get worse
with twenty nine thou people taking early retirement. It just
(31:03):
seems so easy just to let you taxation solutions head.
You got a business to run, you don't want to
be on the phone on hold for two hours.
Speaker 4 (31:14):
I don't even want to be on the phone in
the hold for two hours, but you know, sometimes we
have to spend thirty minutes or sixty minutes on the
phone on hold. And then the last phone call that
I made yesterday to the IRS, I actually got through
pretty quick on our proprietary line, and it took them
over two hours oh to pull the documentation and information
(31:40):
that we were requesting for this client that just signed
up with us that morning but had a major problem,
and we needed to get the information and get holds
put in place so we got that power of returning back.
We got on the phone with the Irs two hours later.
We finally got a hole of put in place for
(32:03):
them and got most of the information that we're waiting
on them to send us some other stuff, but we
got most of the information right then and there so
that we can start designing their solution to their tax problem.
Because you know, it's not a forever hold, there's limited timeframes.
In this case, I was able to get one hundred
(32:23):
and eighty day hold on the account because we needed
a lot of time to be able to do this.
And I'll tell you what the IRS isn't very apt
at giving that long of hold, But we had some
convincing reasons and arguments to get that hold in place.
And we have that hold so that we can spend
(32:44):
the time to get everything up to date. And this
client's going to need a lot of bookkeeping and some
other tax work done, and at the end of the
day we might be able to go and offer and compromise.
When we're still trying to figure out what the end
game is going to be. We did see some things
it in this person's data that told us that, hey,
(33:05):
we might be better off going in and amending some
returns and fixing some things. But we're waiting on the
client now to get us some supporting documentations. So the
one thing you got to understand is, no matter who
you hire, this is a work together project. This is teamwork.
We deal with the IRS. We hope you put everything
(33:25):
into the most logical format.
Speaker 3 (33:28):
We help you.
Speaker 4 (33:30):
Put everything together so that we can get you the
best solution, but it takes time for you to help
gather the source documents that we need. I have a
client we've been dealing with for over a year now,
and you know we're at the end of his contract
and telling them, hey, look, you've been dragging your feet.
We can't control the IRS anymore because you're not doing
(33:53):
your part. And you know, if the IRS still chooses
to come and collect, this is on you. Because you're
not participating. We can't get your bank statement from your bank,
or we can't get your car loan statement that we
need for the support for the solution we're trying to
put in place. And we're trying to put a solution
(34:15):
in place that you want it all along, which was
the offering compromise, which would settus debt. I mean, they
have forty four thousand dollars. We would be settling this
debt for less than one thousand dollars, but you won't participate,
and I need that information and support to be able
to send it to the IRS. What are you going
to do when the IRS gives us a short deadline
(34:38):
when they're reviewing the offer and you won't provide US documents,
We're going to lose an offer. So when you're working
with us, be prepared to give timely participation and help
get that solution that you need. I mean, that's the
hard part sometimes in dealing with clients that don't want
to deal with the tax problem, and you've got to
(35:02):
help address that head on. And if you're not going
to participate, you let the IRS take whatever you have
and call to day. I mean, you got to give
some participation to Berry.
Speaker 3 (35:13):
I tell you what's so amazing. This is what it
is going to lead me into this next segment. There
is these big companies out there is trying to scare
you or making false promises. And why they're doing that,
Taxation Solutions is figuring out ways if they can help
their client. And you came up with the IRS playbook. Hey,
(35:37):
you like that great segment.
Speaker 4 (35:39):
Steven, don't give me credit for this.
Speaker 3 (35:41):
I am giving you credit for it.
Speaker 4 (35:43):
You know, this is my wife's idea.
Speaker 3 (35:46):
That's right.
Speaker 4 (35:47):
This was not my idea. I put it together, but
this was absolutely mag's idea of hey, how can you
do something to help people that want to do it yourself?
Or you know, I want to figure out am I
going to be choosing the right solution? Am I choosing
the right place? So yes, you know I put this
(36:09):
together and we're very hard at putting the three simple
steps that we use to get a solution to I R.
Speaker 3 (36:21):
S problems.
Speaker 4 (36:22):
So if you go to www. I R S Playbook
dot info, you can go there and discover our I
R S Playbook to get the I R S off
your back for good and as level as three simple steps.
Speaker 3 (36:40):
Now, you know.
Speaker 4 (36:41):
She she came to me and said, hey, this would
be the idea. You talk when you're on as the experts,
you talk when you're on your own program text talkfu
dot com, and and on the radio here at W
four c Y and talk for TV. You talk about
all these things. So why not write a book about it.
(37:01):
Why not make it simple and something doesn't cost anybody
to go online and get. You know, it's not sold
at Amazon, and it's not sold on any of these
other places. This is absolutely free for you. You know. You
just go there, put your information in, and we give
you access to the I R S Playbook, And then
you can go through this playbook and learn what I
(37:24):
do and the three simple steps that I use to
get rid of the I R S and get it
off your back, you know, for good, solve your tax problem.
And you know, hey, this doesn't mean that you know, hey,
you just read this book and it's done. No, it
means you've got to do some work. And if you
go through this and you decide, hey, this isn't what
(37:45):
I want to do, and I don't want to do
this myself, well then you give Taxation Solutions a call,
or go to Taxation Solutions dot net and put in
your information and what we'll give you a call. We'll
get you all set up and we'll talk to you
and do a free consultation. See that whether you're right
for us and we're right for you, and we'll both
make that decision, because this is a decision for both
(38:06):
of us to make. But you've got to call or
go to the website. You can call us at eight
eight eight nine three zero one zero one six again
eight eight eight nine three zero one zero one six,
or just go to Taxations Solutions dot net and again,
as you really want to look and read about the
three simple steps that we use to get the I
(38:29):
R S off your back for good, go to I
R S Playbook dot info. I R S Playbook dot info.
Speaker 3 (38:39):
I like that. I got to tell you we had
someone in Rice. I tried to get on that Taxation
Solutions website, but it's on it's dot net dot net.
Taxation Solutions floral dot net. He was using dot comer
zone anyway, just remember put in the dot net and Berry,
(39:01):
I got to get this into because I think this
is something incredible that you created. You do a lot
of work with truck drivers, we do, and you do
you actually handle books for truck drivers at a really
reasonable rate.
Speaker 4 (39:19):
Steve, What the funny part is is we got out
of the bookkeeping and general tax business several years ago,
and about eight years ago, we had some of our
clients we were a lot of our clients were truckers
that were in trouble with the irs and owed a
bunch of debt, and a few of them came to
(39:41):
us and said, can you do our bookkeeping?
Speaker 3 (39:43):
And only maybe do they keep their receipts very well? Berry, No, not.
Speaker 4 (39:52):
Really, but we've developed systems around truckers. When we decided
to go into the trucker bookkeeping and tax business and
help these truckers and keeps them out of IRIS problems
and everything else, we had to develop something that made
it easy for them to get us information to do
their bookkeeping. And so that's what we did, and we
(40:14):
developed systems knowing that these truckers are never home, they're
on the road. They're over the road truckers. They're working
their tails off for you and I getting goods to
the stores, moved to the stores, you name it. If
you buy it at a store, truck got it there.
So we decided we would help them. We set up
a company called Trucker tax Tools dot Com that helps
(40:37):
truckers that does their bookkeeping, does their taxes. And you know,
that's how I got involved with Owner Operators Independent Drivers
Association and their foundation and got to start speaking at
a show called Truck to Success as well as a
Mid American trucking show and some other shows out there,
all supporting truckers and teaching truckers about bookkeeping and taxes
(41:02):
and how we can do it for them. I mean,
our prices for bookkeeping for truckers starts at twenty five
dollars a week. I mean it's just a little over
one hundred dollars a month. You can't beat that. You know,
one truck you're out there as an owner operator and
it's tax deductible as well, so you're saving money on
your taxes. You're getting the experts that know how to
(41:23):
find all the deductions for truckers and we're lowering their
tax burned down by finding all those deductions and then
even talking to them about how their companies are set
up and doing that consultation as well with them to
make sure whether they should be a partnership, escort or
just a sole proprietorship and what's best for them to
(41:45):
save them the most money on taxes and make their
life make up a lot easier, because at the end
of the day, it's not how much money comes in,
it's how much money you can keep. Because if you
can have a million dollars come in, but if you
have a million dollars go out, how much do you
have left zero? But if you can keep more of
that money, save that money for retirement, save that money
(42:08):
for other expenses, save that money for your future, you're
better off. And that goes for every single business. Tax
talk for you. Just yesterday or Monday actually, because we're
on Monday at ten am Eastern time on We're Ceey Radio.
Everyone's talking about budgeting and we did a class of
budgeting one on one hey budgeting for business, budgeting for personal.
(42:30):
It's again about saving money and keeping more money in
your pocket. And speaking of tax talk for you, we
also did a month or two ago, we did Tax
Solutions one on one how to solve your tax debt.
So we did one on one, two on one, so
we did an advanced course as well. So if you
(42:50):
go over to tax Talk for You, you can even find
more information about settling your tax debts as well. So
go to tax talk for You dot com. Subscribe over
there under the information you need to help your life.
Speaker 3 (43:02):
It's great because you can go to Iheart's podcasts and
look up all Verry shows. You can go to Spotify's podcasts.
They're the largest in the country. They have the most
shows on there. You can go and see Barry shows
for his podcast. You can also see these shows right here.
(43:22):
Very I saved the last couple of minutes. We spend
the whole time educating people, but I want to spend
the last two minutes tell people why they should hire
Taxation Solutions, Inc.
Speaker 4 (43:36):
I like to say I am one of the best
in the business in depth knowledge, been doing this for
a long long time, and as you know, I've been
in the tax industry for close to now, I guess
we're getting close to forty years and been saving people
money on their taxes, saving people from the IRS. But again,
(43:58):
you know is as much as I am a plus
rated in the BBB, as much as we can save
people money and put solutions in place, we can never
do it unless you take the initiative and make that call.
Holl free eight eight eight nine three zero one zero
one six Again eight eight eight nine three zero one
(44:19):
zero one six. We'll get you that free consultation. Let's
talk about your tax issues, no judgment. Let us find
the solution that's right for you. Even if you've talked
to somebody else, or even if you talk to us
and want to go and talk to somebody else, at
least make the phone call, find out what we're about,
find out what we think we can do for you
(44:41):
and what solutions we can put in place or where
to actually begin. And then hey, if we're not the
right fit, or we feel that we're not the right fit,
no hard feelings, go do what you need to do
to help yourself and help your family. But do something
help your family, and do it quickly before the IRS does.
Speaker 3 (45:00):
As always, Yeah, buddy, thank you. We'll be back again
with us next month. Barry's our only show that we
do twice a month, Live for the full fifty minutes.
It is so well worth it. Very hey, by the way,
Happy Easter, and we are just so blessed to have
(45:21):
you one more time with the phone number.
Speaker 4 (45:22):
Barry Taxation Solutions dot net A nine three zero one
zero one six again eight nine three zero one zero
one six. Hey, Steve O. Thank you very much. Hey.
Catch all of these episodes that Ask the Experts and
you know, go check them out. They have a lot
of great experts out here on Ask the Experts as well.
Speaker 3 (45:43):
Thank you, Steve, love you bro. See you soon. That's
very fouler. That's going to be it for us today.
We'll be back again with you next week with more
Asked the Experts.
Speaker 2 (45:55):
Thanks for tuningating today to the Ask the Experts show
on Tell Me four c Y Ray and Talk for TV.
Tune in next week and every week to hear more
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The topics and opinions expressed in the following show are
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(00:21):
W FOURCY Radio.
Speaker 2 (00:26):
Welcome to the Ask the Experts show on W FOURCY
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, Spivo and Sophia.
Speaker 3 (00:55):
Hey, good morning, Welcome to another ASC expert show where
we bring you the topics. It's in the field of legal, health,
financial and home improvement. I always write out a little
something before each expert, and this show this morning, I
don't have to write anything out. We've been doing this together.
(01:16):
I think about twelve years now. We started off in
radio together. But I wanted to say before I start
is I got an email from a listener telling us
how much they listen to a lot of podcasts and
a lot of national shows, and he compliments on how
(01:37):
much he enjoys listening to her shows, and he said,
especially your show about tax accents. He said, I really
enjoy that very Fowler. And I thought that was so
cool for someone to take the time out just to
write a letter like that and compliment us. And Bury
(01:58):
Fowler with out of doubt puts on the best show
because he sits here for one hour and educates you,
and he's got so much experience. And we were just
talking before the show. The show goes by so fast,
and we do two fifty minute shows a month. Let
(02:18):
me welcome the president and founder of Taxation Solutions Z.
He's an enrolled agent, he's licensed to represent tax players
before the Internal Revenue Service. He has got such a
great experience, and I think one of the reasons I
love Barry is how he he's always a thinking of
(02:41):
new ideas to help people, and that doesn't happen very often,
so I want to welcome my friend Barry Valer of
Taxation Solutions in Good morning Barry. Hey, good morning Steve.
Are you today, man? Yeah, it's so easy doing your show.
It's so easy introducing you. And I'm telling you, you know,
(03:06):
you got that little bit of that sex, that southern
drawl like I do. And people really appreciate they. You know,
what they love about your Showbury is your stories that
you tell. You know, we don't ever give out names
or anything, but anyway, people really appreciate you. And you
(03:27):
also have your own podcast that you do on Mondays.
Speaker 4 (03:31):
Yeah, it's a tax Talk for you. You can get
a taxt talk for you dot com and subscribe there
so you don't miss an episode. And if you have
missed one, We've got all the podcasts and all the
different podcast sites including iHeart, Spotify, you name it. It's
it's pretty much out there. You know. See when we
do these shows, you know sometimes we chat before the
(03:53):
show and you know, just find out family and everything.
We were talking about your son, and I think our
producer Rebels said something really interesting. One bad baseball coach
can really sedicated back or make him lose the love
of playing the game. Well, I got to think in
just a second ago that relates to taxes. Yes, one
(04:17):
bad tax preparer can set you up to have a
very bad experience and owe money to the I R S.
Even gets you an audit trouble. So you know, when
you start thinking about life, you know you got to
think about you know, who you choose or have chosen
in the past to do your taxes, who you choose
(04:39):
to represent you when you owe the I r S money,
Because that person, including yourself, if you're a do it
yourself or can be the one that gets you into
bigger trouble, more penalties, more taxes ode or go through
that dreaded IRS audit that every body ever dreads.
Speaker 3 (05:01):
You know, Barry, I was thinking the other day because
we've talked about it on the show before. Uh, there's
a national company that prepares your taxes out there, and
they say, you know, if you ever run into a
problem with the RS, if they've prepared your taxes, they're
right there with you. And I think they keep their
(05:21):
fingers crossed that no one ever has a problem, because
I told you a friend of mine had a problem.
They prepared their taxes farm and the RS saying no
U O more had burr. They were not there for them.
They didn't return phone calls, they did nothing for them.
(05:43):
And that's one of their big things. We prepare your taxes.
If there's a problem to ours, we will be there
right with you. But that doesn't.
Speaker 4 (05:54):
You know, they're gambling that. Yeah, there's basically what are
cost one or two as that people get audited, so
the audit chances aren't really high. Now, if you've got
somebody that really screws up your tax return doesn't include things,
includes things that don't exist, like a maybe they put
in there that you're running a business and losing money,
(06:16):
but you've never owned one. You know, you got to
look at what you're signing. And people these days don't read.
They don't look. They just sign. You put a piece
of paper in front of them, they sign. It's kind
of like downloading those apps. Who reads the merit of
pages of disclaimers and reasons. You know, here's what you're
(06:38):
agreeing to. Did you ever read those? You know, if
they lose your information, you lose privacy. There's not their fault.
They don't care. It's the same thing when you sign
your tax return. The prepare is not responsible for what's
in the return. They just prepared it. You sign with
(06:58):
one hundred percent ability and responsibility for that tax return.
So when you sign your tax return, go through and
look at it. We never, when we're preparing returns, send
them a final return to sign without them looking and
reviewing a draft first. People say, hey, I don't understand it.
(07:20):
I don't know what's in it. Hey, we talked to them.
We'll explain to you. Here's where these numbers come from.
You know, this is your W two. This comes from
your business income from a business you have, and here's
your schedule. See or you have k ones coming from
investments or business that you possibly own. This is where
(07:40):
the information comes from. You need to have at least
a little bit of understanding on what's in your tax
return before you sign it. So when you go to
some of these places that just say, hey, we'll prepare
your return for you, and maybe they're the lowest costs
that you can find out there, doesn't make them the
best choice, doesn't make them qualify. Some of these places,
(08:01):
they're only as good as the person doing the data input,
and all they're doing is following the data input on
their screen. It says in, put W two here and
put this here, go to this next question, and that's it,
and then they don't do anything more. Whereas we're looking
for places that you can save money, we're looking for
(08:21):
credits that you should be taking that you haven't taken.
When you're a new client of ours, we go back
and look at your last two or three tax returns
to make sure a they were right, make sure everything
was reported, and then look for deductions you didn't take
because they weren't looking for. And that's how simple we
try to make things for you.
Speaker 3 (08:40):
Barry. We just got a text in and I know
we've touched on this before, but he says, I'm joining
your show. I noticed you talking about how long the
tax forms are and how people don't read them. Barry,
what happened to that postcard that we're going to do
(09:01):
to make filing taxes easier? I know we've talked about
this before, all right, So I'm.
Speaker 4 (09:06):
Going to get myself in trouble, all right, And Lord
knows I'm not willing to jump out there and get
in trouble ever, am I. The Congress passes a law,
and if it was show up to the Democrats, the
forum would just simply say how much did you make,
send it in and we'll give you something back. Republicans are, hey,
(09:27):
we got to find as many credits and giving people
back his money and lower the tax rates for everybody
across the board. When you have both of those fighting,
and then you have all the lobbyists out there, now
you go from that little postcard, which was never really
a post guard. It was a two sided postcard with
a myriad of schedules behind it. So schedule one, schedule two,
(09:49):
Schedule three, schedule ce, schedule this, schedule that, and it
never really ever was that postcard. They were trying to
make it simple so you could just if you were
a w TO person and had nothing else, you just
put your W two in there and you're done. But
if you have you know, investments, you have a business,
you have children, or maybe you qualify for the Earned
(10:12):
income tax credit, you've got to file all these forms.
I mean, the I R S even throws on us
a lot of due diligence. So you know, if you
have a child reported on your thing, or you qualify
for earned income credit, or you qualify for head of household,
we've got to do a lot of due diligence. We've
got to check to make sure for the I R
(10:34):
S that some of this stuff is right. So it's
kind of crazy that the things they throw on us.
But it makes that postcard very very big, many forms,
and if they did it in a postcard form, I
think it would be you know, something like that high
We have many postcards in it. But also you've got
to remember, almost everything's electronic these days. Can you go
(10:56):
to the post office these days and get all the
tax forms you need like you you used to be
able to do. No, you don't see them there. You
don't see the instruction books there. Last time I was
at the post office, you'd have to go down to
the IRS to get it. And I don't even know
if they have all the publications printed out there anymore.
So you know, we don't know. But if you need help,
(11:17):
you know, if you owe money to the I R S,
you know, give us a call. You know, we'll do
a free consultation. It's a free phone call. It's eight
eight eight nine three zero one zero one six eight
eight eight nine three zero one zero one six. Hey,
this is a hotline. We're offering tax analysis. If you've
got a tax problem. Let us find out what the
(11:37):
tax problem is, figure out what the debt is. We're
going to do fifty percent off for those that are watching, listening,
or ask the experts, and you know, we want to
be able to help you figure out, Hey, was it
the IRS right? You know you and I have talked.
IRS is not always right. People get scared to challenge
(11:57):
the IRS. We're not scared to challenge the I R
S and tell them they're wrong. We're not scared to
go tell the IRS. And this needs to be fixed.
I mean, get a proper amount of debt, or maybe
even get rid of the debt just by fixing tax
returns that we're either done wrong, or the audit was
never done with support, or the IRS has blatantly missed it.
(12:20):
And that could be the case too.
Speaker 3 (12:21):
Now, we just got through with tax day here in Florida.
They've extended it, but for most people out there, tax
day has passed. We've got a lot of mail berry
which we talked about on our last show, people asking
what can they do if they don't have the money
or to pay their taxes, or if they haven't filed yet. Well,
(12:45):
if you.
Speaker 4 (12:45):
Haven't filed yet let's get your filed. I mean that's
the first thing, because you can't deal with tax debt
if you haven't filed the current years to return or
you know, the last any of the last six returns.
We've got to get those files. So the first step
is to get that filed. Second step is do that
tax analysis. See what else you have going on out
(13:07):
there or why you owe maybe there's a simple solution.
And then and the third is let's find the solution
to put in place that qualify for it that you
can afford. You know, just because you owe the IRS
money doesn't mean you've got a full pay. It doesn't
mean sometimes doesn't even mean you have to pay, because
(13:32):
you possibly could be in a non collectible status. And
sometimes it means we can just go in and settle
this debt for a lot less than you owe, but
you've got to meet the qualifications and the parameters that
the IRS has set for every program that the IRS
has out there. Now, we sit down with each one
(13:52):
of our clients and we do something probably a little
bit different, and we know, just analyze the debt that
you have in reasons for it. But we sit down
and start looking at your financial history, what's going on
currently financially for you, and we try to help you
(14:13):
reset your life to qualify for the best program ever.
So that means if it is a partial pay installment agreement,
we've set you up to pay only a partial amount
of what is due over whatever the se said statute
(14:33):
of limitations for the debt to run out, or maybe
the debt is way too much and you want to
get rid of it. You can't wait for the statute
of limitations to run out, and you qualify for an
offering compromise because maybe we change a couple of things
in your life to make it better for you to qualify,
and instead of paying the IRS, you're investing that money
(14:55):
into yourself, into what's happening in your own personal household
that makes your life a little bit better.
Speaker 3 (15:03):
And that's a.
Speaker 4 (15:03):
Big difference between somebody that's just going to sell you
on a program whether you qualify or not, and somebody
that's going to take the time to try to help
you qualify where you can or get you into a
program that maybe meets your life and your lifestyle better.
That's sometimes the hard part in doing this because most
(15:25):
cookie cutter, big box whatever you want to call them
out there that are doing IRS resolution work. Sometimes just
think you follow right into the same box as everybody
else because that's what they are taught to sell versus
those that actually care about you and what fits you
(15:48):
the best. Perry.
Speaker 3 (15:49):
I bet you you have heard so many stories. I mean,
think about people who owe the IRIS. It's not like
a normal bill, it's the IRS and they don't have
the funds to pay, or they don't know what to do.
They think they're going to be going to jail. And
(16:11):
when they actually contact you, contact Taxation Solutions, I got
to tell you they must after sitting down with you,
have to come out of that your office so relieved
because it is going to be a horrible burden on
somebody when they owe the I R S.
Speaker 4 (16:33):
Well, Steven, some people will come out of here knowing
that the pressure has been taken off their back. Some
people come out of here hating me, and I can't
do anything about it. It's their life situation, you know.
Speaker 3 (16:48):
Right.
Speaker 4 (16:49):
You hear the commercials that are out there, and those
commercials are you know, settle this for far less than yo.
And you you expect the pipe dream and you have
called this company and or that company, and they've told
you that you can have the pipe dream that you've
(17:10):
always wanted in your life to settle your debt for nothing. Yes,
then you sit in with us and we put realization
to it, and we actually talk about numbers. You know,
we talk about what you think you owe, because when
you think you o may not be exactly what you owe.
You may owe more. A lot of times you can
do because you had to open to all those wonderful
love letters that the IRS sends you. And then we
(17:32):
talk about your income, your assets, including your house, your iras,
your four to oh one case, and you know, maybe
this debt was yours personally, and you got married recently,
well we got to talk about your wife's income because
it supports the family too. And now with all of that,
we sit down and we showed you the numbers, and
you go, you don't qualify for an offering compromise. You
(17:55):
may not even qualify for a partial pay installment agreement.
But we can go after pay on the abatement. We
can go after fixing tax returns if that's the case,
and then it's an installment agreement. And some people walk
away and go, you have no idea what you're talking about.
But these are the ones that come running back to
us four or six months later and went, man, I'm
(18:16):
sorry I doubted you. I wish I would have been
with you to begin with, because we could have put
this thing to bed and you could have really helped me.
Now I've got a bigger problem. So if you're actually
on the phone talking to a IRS resolution company, ask
them the question, how do you know that I can
qualify or an offering compromise, especially when they didn't ask
(18:39):
you your income or anything about your assets. Yeah, your life.
If you can ask that question and they can honestly
answer you, you can qualify because you don't make enough income,
hang up the phone quickly because remember they didn't even
ask you that question. Or they say everybody qualifies, we
(19:00):
can get everybody qualified. Well, then what's the guarantee everybody
qualifies and they're going to hang up the phone? Or
better yeah, play it. Play a really nice game with people.
And I do this even with scam people. When they
answer the phone and you hear something say it's on
a recorded line, or they start talking about wanting to
buy your house or wanting to sell sell your tax debt,
(19:22):
tell them you're you're on a recorded line as well,
and watch how fast they hang up. That's a great idea. Hey,
now you know it's a scam. You know, I've had
people call me over my tax debt. Really I don't
owe any money, and I know that for a fact. Yes,
and you know, so I'll play along, but at some
(19:44):
point I'll also say you're on a recorded line, and
then they hang out immediately, which you know, I know
it's a scam. So if somebody's calling you over your
tax debt, just hang up the phone, even if you
know you owe, hang up the phone, you know, Call
text a Solutions. Go to Taxation Solutions dot net if
you call us at eight eight eight nine three zero
(20:05):
one zero one six. Again, we're doing that transcript analysis
fifty percent off. We're going to talk for free about
your tax debt, your tax problems, what got you into
the problem, no judgment zone, how we could possibly help
you find and get you the best solution to your
tax debt. But that's you pick up that phone and
(20:26):
calling us and asking for that consultation, talking to us
about what's going on for your tax problem, and that
includes federal and state taxes. We deal with both of them.
We have a lot of clients in New Mexico that
have been calling us and help, letting us help them
get them out of trouble with the state. And you
(20:48):
know that's not an easy fee dealing with some of
the states. You know, in New York Jersey. You know, California.
California is a whole another topic out there. You know,
you know, we'll help you with California. But those guys,
I don't even think they know what they're doing franchise
in California, and they're worse than the I R s
(21:09):
at times. But if you're in the great state of Texas,
we don't have to worry about that, you know, even Florida, Tennessee. Man,
you can pick states that don't have income tax and
you don't ever have to worry about it as we
make it easy. And Illinois is another one that we've
we've dealt with to get people out of their income
(21:30):
tax debt stuff as well. So we do things to
help our clients solve their problems, get out of debt,
get their life back, be able to sleep at night.
I think that's one of the best selling points of
taxation Solutions. You get to go to bed, sleep at night,
get knowing that Taxation Solutions took that tax monkey off
(21:53):
your back and we're dealing with them. We're going to
beat him into submission. And that's what happens with the monkey.
Speaker 3 (21:59):
Veryan in Seabrook, Texas, I don't know where that is,
he said. I saw a commercial the other night from
one of the national extra resolution companies and they said
that the IRS now goes to your neighbors and your relatives.
(22:20):
Is that true?
Speaker 4 (22:23):
Roman, Thanks for the message and everything. I'm laughing. Yes
and no, okay, a lot of these companies are going
to do every scare tactic they can possibly do to
get you to call them. Now that being said, I
R s S is the biggest, baddest, nastiest election agency
(22:44):
in the whole wide world. Have more power than any
other agency, especially here in the US. I guess Russia's
you know, KGB or whatever it is that they have
would probably be worse because, yeah, they probably come out
a little bit worse than ours. But if they're considering
that you've committed fraud, that you know, criminal investigation Unit
(23:09):
is looking at you, yes they can come out and
do it. You've completely ignored the irs for an audit,
and they think that you've lied to stole from them
by not reporting income or whatever. They always say, yes,
they can go to friends, family, neighbors, business associates and
(23:33):
inquire about you. So, you know, let's say you're reporting
you have almost no income from your business, but you
live in a million dollar house and have a pool
and all this other fun stuff that you can't afford.
Based on what you're reporting on your income tax return,
you know, they're going to consider that you did commit fraud.
They're going to do everything they can to investigate. So
(23:57):
but you know, people that do that, they know who
they are. They have to really worry about it, you know,
dang in and day out. You know, I've had a
client that years ago they were complaining to me that
their neighbor never paid tax and did everything under the
sun and wrote every single thing off. And I said, well,
(24:18):
you know, first off, you don't really know what your
neighbor's doing or not doing, because they let you look
at a the tax return, right, most likely they didn't.
It's like a couple of our truckers that we do
bookkeeping and tax for. You get advice at the fuel pump.
Is that advice good? It's only worth what you paid
for and you didn't pay them anything, did you, So
(24:42):
it's worth nothing, you know. And you know, maybe they're
writing things off. Maybe they have a business in the
home and they've done improvements for the office for the
business and they're writing that off because there's possibilities of
doing that. Or maybe they got a bigger piece of
property they put a shed and they're using that shed
(25:03):
or building for business. But yeah, there's write offs there,
but doesn't mean they're not paying any tax. It doesn't
mean they're getting away scott free or writing every single
thing off, And it also doesn't make it right. So
you've kind of got to look at every single thing
you're doing and how it relates to your business. Now,
I speak at a wonderful organization called OIDA Owner Operators
(25:28):
Independent Drivers Association and specifically around trucking and truckers bookkeeping
and trucker taxes, and we talk about how to make
sure that items that you're claiming on your tax return
or not claiming on the tax return, let's say that
should be business that you're not claiming for business, because
(25:50):
we want to make sure everything that you're paying for
for business is pre tax, not after the money has
been taxed. So we're looking for items that you're doing
things in personal life that shouldn't be business, and making
sure that the bookkeeping is done right so the taxes
can be reduced to the lowest amount allowed by law
and get you every deduction that's out there. Those are
(26:10):
the fun things we get.
Speaker 3 (26:11):
We're going to talk about that. We always answer everybody's questions.
Here's Brent Landberry that your company have the tax forms
or do you know where to get tax forms?
Speaker 4 (26:23):
If you're looking to do taxes yourself, the best place
to go is IRS dot gov. You can request any
forms that you need there. We have no forms here.
We have our software. We electronically file pretty much every
single return we can. We can file the back years
(26:45):
anything before twenty twenty two, so twenty one and earlier.
We do the tax returns. We have to print them out,
we have to get actual manual signature on them, and
then the forms get into the IRS to be filed.
We cannot electronically file them. As much as the IRS
wants everybody to e file. For some reason, their computer
(27:10):
system only allows us to electronically file the last three years,
so you know twenty four, twenty three, twenty two can
be electronically filed. Anything before that has got to be
pay per filed. Now, when you pay per file, expect delays, delays, delays,
and more delays. Sometimes it takes thatr the IRS almost
(27:34):
a year to process those old returns. Now, if you've
got a tax problem, we'll work with the revenue officer
or one of the IRS agents to get that balance
reflected so that we can actually start the process of
putting a solution in place. If that solution happens to
(27:54):
be an offering compromise, we can file that offering compromise
with those returns included, so that we can get this
moving faster down the road to the path of settlement
as opposed to waiting for them to slowly process those returns.
And it's going to get worse with them cutting back
(28:15):
people from the IRS, but some of those people didn't
know what they were doing anyway, so it's probably a
good cut.
Speaker 3 (28:21):
Very I was shocked. I watched an interview with the
DOSE people that are looking at the IRS, and I
was shocked to see how old their systems are, how outdated.
I know you're not surprised, but I was shocked how
(28:43):
outdated their systems are. Is that shock you at all?
Speaker 4 (28:48):
It's shocking because of how much money they have put
into the systems that they do have. And with that
kind of money, you would think think their system should
be a state of the art, top of the line, quick,
fast and easy. But we always knew, you know, dealing
(29:10):
with the IRS agents. I mean it's the system drops,
the system slow, and we're sitting and waiting, and when
we deal with the IRS, they'll tell us, well, we've
got to go through and gather information. Mind, if we
put you on hold for five minutes and then five
minutes is up, they come on and I need five
more minutes is out? Okay? What am I going to say? No,
(29:31):
So I have to hang up the phone and call again.
You didn't even couldn't even gather the information in the
first five minutes. And my system that I have when
you're a client and we've got power of attorney already
on file for you, we get the power of attorney
on file. I gather most of that information in less
than three minutes from the IRS's systems. Now it takes
(29:52):
us longer to get all the rest of the detail
because we've got to actually call the IRS to get
tax mod A and some other proprietary reports that we
want to see what's going on and what the IRS
is doing behind the scenes. But my system, once we
get through that can gather all the information give it
(30:12):
to me, so I could spend a few hours sitting
down and doing an analysis of it, put it into
a nice report so that everybody has an understanding of
the tax debt and where you're at with the systems
that are in place. So it's amazing that the IRS
couldn't do the exact same thing as fast as we can,
(30:34):
even in their antiquated systems, because our system pulls it
from their antiquatism.
Speaker 3 (30:39):
Hey, Barry, I thought the other day when I saw
the twenty I think it's twenty nine thousand agents are
taking early retirement. And if you've ever tried to contact
which if you're a business owner the IRS and how
long you're on hold for, it's going to get worse
with twenty nine thou people taking early retirement. It just
(31:03):
seems so easy just to let you taxation solutions head.
You got a business to run, you don't want to
be on the phone on hold for two hours.
Speaker 4 (31:14):
I don't even want to be on the phone in
the hold for two hours, but you know, sometimes we
have to spend thirty minutes or sixty minutes on the
phone on hold. And then the last phone call that
I made yesterday to the IRS, I actually got through
pretty quick on our proprietary line, and it took them
over two hours oh to pull the documentation and information
(31:40):
that we were requesting for this client that just signed
up with us that morning but had a major problem,
and we needed to get the information and get holds
put in place so we got that power of returning back.
We got on the phone with the Irs two hours later.
We finally got a hole of put in place for
(32:03):
them and got most of the information that we're waiting
on them to send us some other stuff, but we
got most of the information right then and there so
that we can start designing their solution to their tax problem.
Because you know, it's not a forever hold, there's limited timeframes.
In this case, I was able to get one hundred
(32:23):
and eighty day hold on the account because we needed
a lot of time to be able to do this.
And I'll tell you what the IRS isn't very apt
at giving that long of hold, But we had some
convincing reasons and arguments to get that hold in place.
And we have that hold so that we can spend
(32:44):
the time to get everything up to date. And this
client's going to need a lot of bookkeeping and some
other tax work done, and at the end of the
day we might be able to go and offer and compromise.
When we're still trying to figure out what the end
game is going to be. We did see some things
it in this person's data that told us that, hey,
(33:05):
we might be better off going in and amending some
returns and fixing some things. But we're waiting on the
client now to get us some supporting documentations. So the
one thing you got to understand is, no matter who
you hire, this is a work together project. This is teamwork.
We deal with the IRS. We hope you put everything
(33:25):
into the most logical format.
Speaker 3 (33:28):
We help you.
Speaker 4 (33:30):
Put everything together so that we can get you the
best solution, but it takes time for you to help
gather the source documents that we need. I have a
client we've been dealing with for over a year now,
and you know we're at the end of his contract
and telling them, hey, look, you've been dragging your feet.
We can't control the IRS anymore because you're not doing
(33:53):
your part. And you know, if the IRS still chooses
to come and collect, this is on you. Because you're
not participating. We can't get your bank statement from your bank,
or we can't get your car loan statement that we
need for the support for the solution we're trying to
put in place. And we're trying to put a solution
(34:15):
in place that you want it all along, which was
the offering compromise, which would settus debt. I mean, they
have forty four thousand dollars. We would be settling this
debt for less than one thousand dollars, but you won't participate,
and I need that information and support to be able
to send it to the IRS. What are you going
to do when the IRS gives us a short deadline
(34:38):
when they're reviewing the offer and you won't provide US documents,
We're going to lose an offer. So when you're working
with us, be prepared to give timely participation and help
get that solution that you need. I mean, that's the
hard part sometimes in dealing with clients that don't want
to deal with the tax problem, and you've got to
(35:02):
help address that head on. And if you're not going
to participate, you let the IRS take whatever you have
and call to day. I mean, you got to give
some participation to Berry.
Speaker 3 (35:13):
I tell you what's so amazing. This is what it
is going to lead me into this next segment. There
is these big companies out there is trying to scare
you or making false promises. And why they're doing that,
Taxation Solutions is figuring out ways if they can help
their client. And you came up with the IRS playbook. Hey,
(35:37):
you like that great segment.
Speaker 4 (35:39):
Steven, don't give me credit for this.
Speaker 3 (35:41):
I am giving you credit for it.
Speaker 4 (35:43):
You know, this is my wife's idea.
Speaker 3 (35:46):
That's right.
Speaker 4 (35:47):
This was not my idea. I put it together, but
this was absolutely mag's idea of hey, how can you
do something to help people that want to do it yourself?
Or you know, I want to figure out am I
going to be choosing the right solution? Am I choosing
the right place? So yes, you know I put this
(36:09):
together and we're very hard at putting the three simple
steps that we use to get a solution to I R.
Speaker 3 (36:21):
S problems.
Speaker 4 (36:22):
So if you go to www. I R S Playbook
dot info, you can go there and discover our I
R S Playbook to get the I R S off
your back for good and as level as three simple steps.
Speaker 3 (36:40):
Now, you know.
Speaker 4 (36:41):
She she came to me and said, hey, this would
be the idea. You talk when you're on as the experts,
you talk when you're on your own program text talkfu
dot com, and and on the radio here at W
four c Y and talk for TV. You talk about
all these things. So why not write a book about it.
(37:01):
Why not make it simple and something doesn't cost anybody
to go online and get. You know, it's not sold
at Amazon, and it's not sold on any of these
other places. This is absolutely free for you. You know. You
just go there, put your information in, and we give
you access to the I R S Playbook, And then
you can go through this playbook and learn what I
(37:24):
do and the three simple steps that I use to
get rid of the I R S and get it
off your back, you know, for good, solve your tax problem.
And you know, hey, this doesn't mean that you know, hey,
you just read this book and it's done. No, it
means you've got to do some work. And if you
go through this and you decide, hey, this isn't what
(37:45):
I want to do, and I don't want to do
this myself, well then you give Taxation Solutions a call,
or go to Taxation Solutions dot net and put in
your information and what we'll give you a call. We'll
get you all set up and we'll talk to you
and do a free consultation. See that whether you're right
for us and we're right for you, and we'll both
make that decision, because this is a decision for both
(38:06):
of us to make. But you've got to call or
go to the website. You can call us at eight
eight eight nine three zero one zero one six again
eight eight eight nine three zero one zero one six,
or just go to Taxations Solutions dot net and again,
as you really want to look and read about the
three simple steps that we use to get the I
(38:29):
R S off your back for good, go to I
R S Playbook dot info. I R S Playbook dot info.
Speaker 3 (38:39):
I like that. I got to tell you we had
someone in Rice. I tried to get on that Taxation
Solutions website, but it's on it's dot net dot net.
Taxation Solutions floral dot net. He was using dot comer
zone anyway, just remember put in the dot net and Berry,
(39:01):
I got to get this into because I think this
is something incredible that you created. You do a lot
of work with truck drivers, we do, and you do
you actually handle books for truck drivers at a really
reasonable rate.
Speaker 4 (39:19):
Steve, What the funny part is is we got out
of the bookkeeping and general tax business several years ago,
and about eight years ago, we had some of our
clients we were a lot of our clients were truckers
that were in trouble with the irs and owed a
bunch of debt, and a few of them came to
(39:41):
us and said, can you do our bookkeeping?
Speaker 3 (39:43):
And only maybe do they keep their receipts very well? Berry, No, not.
Speaker 4 (39:52):
Really, but we've developed systems around truckers. When we decided
to go into the trucker bookkeeping and tax business and
help these truckers and keeps them out of IRIS problems
and everything else, we had to develop something that made
it easy for them to get us information to do
their bookkeeping. And so that's what we did, and we
(40:14):
developed systems knowing that these truckers are never home, they're
on the road. They're over the road truckers. They're working
their tails off for you and I getting goods to
the stores, moved to the stores, you name it. If
you buy it at a store, truck got it there.
So we decided we would help them. We set up
a company called Trucker tax Tools dot Com that helps
(40:37):
truckers that does their bookkeeping, does their taxes. And you know,
that's how I got involved with Owner Operators Independent Drivers
Association and their foundation and got to start speaking at
a show called Truck to Success as well as a
Mid American trucking show and some other shows out there,
all supporting truckers and teaching truckers about bookkeeping and taxes
(41:02):
and how we can do it for them. I mean,
our prices for bookkeeping for truckers starts at twenty five
dollars a week. I mean it's just a little over
one hundred dollars a month. You can't beat that. You know,
one truck you're out there as an owner operator and
it's tax deductible as well, so you're saving money on
your taxes. You're getting the experts that know how to
(41:23):
find all the deductions for truckers and we're lowering their
tax burned down by finding all those deductions and then
even talking to them about how their companies are set
up and doing that consultation as well with them to
make sure whether they should be a partnership, escort or
just a sole proprietorship and what's best for them to
(41:45):
save them the most money on taxes and make their
life make up a lot easier, because at the end
of the day, it's not how much money comes in,
it's how much money you can keep. Because if you
can have a million dollars come in, but if you
have a million dollars go out, how much do you
have left zero? But if you can keep more of
that money, save that money for retirement, save that money
(42:08):
for other expenses, save that money for your future, you're
better off. And that goes for every single business. Tax
talk for you. Just yesterday or Monday actually, because we're
on Monday at ten am Eastern time on We're Ceey Radio.
Everyone's talking about budgeting and we did a class of
budgeting one on one hey budgeting for business, budgeting for personal.
(42:30):
It's again about saving money and keeping more money in
your pocket. And speaking of tax talk for you, we
also did a month or two ago, we did Tax
Solutions one on one how to solve your tax debt.
So we did one on one, two on one, so
we did an advanced course as well. So if you
(42:50):
go over to tax Talk for You, you can even find
more information about settling your tax debts as well. So
go to tax talk for You dot com. Subscribe over
there under the information you need to help your life.
Speaker 3 (43:02):
It's great because you can go to Iheart's podcasts and
look up all Verry shows. You can go to Spotify's podcasts.
They're the largest in the country. They have the most
shows on there. You can go and see Barry shows
for his podcast. You can also see these shows right here.
(43:22):
Very I saved the last couple of minutes. We spend
the whole time educating people, but I want to spend
the last two minutes tell people why they should hire
Taxation Solutions, Inc.
Speaker 4 (43:36):
I like to say I am one of the best
in the business in depth knowledge, been doing this for
a long long time, and as you know, I've been
in the tax industry for close to now, I guess
we're getting close to forty years and been saving people
money on their taxes, saving people from the IRS. But again,
(43:58):
you know is as much as I am a plus
rated in the BBB, as much as we can save
people money and put solutions in place, we can never
do it unless you take the initiative and make that call.
Holl free eight eight eight nine three zero one zero
one six Again eight eight eight nine three zero one
(44:19):
zero one six. We'll get you that free consultation. Let's
talk about your tax issues, no judgment. Let us find
the solution that's right for you. Even if you've talked
to somebody else, or even if you talk to us
and want to go and talk to somebody else, at
least make the phone call, find out what we're about,
find out what we think we can do for you
(44:41):
and what solutions we can put in place or where
to actually begin. And then hey, if we're not the
right fit, or we feel that we're not the right fit,
no hard feelings, go do what you need to do
to help yourself and help your family. But do something
help your family, and do it quickly before the IRS does.
Speaker 3 (45:00):
As always, Yeah, buddy, thank you. We'll be back again
with us next month. Barry's our only show that we
do twice a month, Live for the full fifty minutes.
It is so well worth it. Very hey, by the way,
Happy Easter, and we are just so blessed to have
(45:21):
you one more time with the phone number.
Speaker 4 (45:22):
Barry Taxation Solutions dot net A nine three zero one
zero one six again eight nine three zero one zero
one six. Hey, Steve O. Thank you very much. Hey.
Catch all of these episodes that Ask the Experts and
you know, go check them out. They have a lot
of great experts out here on Ask the Experts as well.
Speaker 3 (45:43):
Thank you, Steve, love you bro. See you soon. That's
very fouler. That's going to be it for us today.
We'll be back again with you next week with more
Asked the Experts.
Speaker 2 (45:55):
Thanks for tuningating today to the Ask the Experts show
on Tell Me four c Y Ray and Talk for TV.
Tune in next week and every week to hear more
from our experts on personal injury, insurance, air condition repairs,
escape planning, medicare, and many other topics in the areas
of legal, health, financial and home improvement. See you next week.
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Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.