EP100: What To Do If The IRS Levied Your Bank Account
Release Date: 08/13/2024
EP120: What is a Qualified Amended Return?
Tax Man, Tax Relief Podcast
Have you made a big mistake on your tax return? In this episode, I explain how a Qualified Amended Return can save you from steep penalties and keep you compliant with the IRS. If the IRS hasn’t yet reached out, you can amend your return to correct it, avoiding the 75% civil fraud penalty and the 25% significant underpayment penalty. As I emphasized, “Taking the initiative to fix your mistakes before the IRS acts is key to avoiding harsh consequences.” Don’t let tax mistakes weigh on your mind. Tune in now to learn how a Qualified Amended Return could save you money...
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EP119: Easier Tax Settlements with Partial Pay Agreements
Tax Man, Tax Relief Podcast
Are you feeling overwhelmed by tax debt and unsure where to turn? The IRS can seem relentless, but there’s a lesser-known program that might be your answer. In this episode, I talk about why Partial Pay Agreements are often overlooked but highly effective. Many professionals focus solely on the Offer In Compromise, despite its high rejection rates. For self-employed individuals and those struggling with significant tax debt, understanding this option is key to finding relief. Tune in now to learn how Partial Pay Agreements could be the step forward you’ve been looking...
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EP118: Can Elon Musk stop fraud at the IRS?
Tax Man, Tax Relief Podcast
Is the IRS losing billions to fraud while taxpayers struggle with compliance? In this episode, I discuss Elon Musk’s recent remarks about government inefficiencies, including how billions are lost annually to tax fraud. From false tax credits to identity theft, the IRS faces significant challenges in preventing fraud. I explore how his vision might lead to enhanced tools that identify fraud faster and help the IRS work more effectively. We also take a closer look at the timeline for these changes. While immediate improvements are unlikely, Musk’s influence could lead to...
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EP117: How The IRS Uses AI to Improve Their Tech
Tax Man, Tax Relief Podcast
The IRS has started leveraging AI to address inefficiencies, and it’s changing the game for taxpayers. In this episode, I explore how the IRS is improving its technology to enhance tax compliance and enforcement. They’ve introduced callbacks to reduce wait times and document uploaders to eliminate the need for physical mail. We also take a closer look at how AI might expand its role in the future. Cryptocurrency traders, for instance, are likely to face increased scrutiny as the IRS taps into more sophisticated technology. If you’re self-employed or...
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EP116: Donald Trump and Elon Musk’s Big IRS Plans
Tax Man, Tax Relief Podcast
Do IRS inefficiencies have you worried about your financial stability? Donald Trump and Elon Musk are making headlines with bold ideas to tackle fraud and revamp the IRS. In this episode, I break down how Donald Trump and Elon Musk’s proposals could significantly impact the IRS. Elon Musk recently highlighted the role of outdated government technology in enabling financial fraud within the IRS, including false refunds and credits. On the other hand, Donald Trump’s focus on getting IRS employees back into the office full-time could help resolve the delays caused by remote work....
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EP115: Avoiding Citizenship Delays with Tax Compliance
Tax Man, Tax Relief Podcast
Are you worried that unresolved tax issues could stand in the way of your dream of becoming a U.S. citizen? In this episode, I address how tax compliance directly impacts the citizenship process. Many people don’t realize that the IRS plays a significant role in ensuring your eligibility. I explain why filing all tax returns—even from years ago—is essential. I also share actionable advice for those who may feel stuck. Even if you’re years behind on your taxes, there are solutions. From missed filings to overdue payments, this episode provides a clear roadmap...
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EP114: Must-Have Audit Records for IRS Approval
Tax Man, Tax Relief Podcast
Is the thought of an IRS audit keeping you up at night? Facing an audit can be intimidating, but with the right records, you can turn it into an opportunity to secure your financial peace of mind. In this episode, I focus on the audit records the IRS requires and how you can ensure compliance. From bank statements and receipts to credit card statements, I break down the process with practical advice to help you navigate an audit with confidence. I also discuss solutions for those who lack complete records. If you’re missing receipts, the Cohan Rule could be your lifeline....
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EP113: Erase Tax Anxiety with Expert IRS Debt Solutions
Tax Man, Tax Relief Podcast
IRS debt can feel overwhelming, especially when you're worried about levies, garnishments, or those constant collection notices. But it doesn't have to be this way. In this episode, I’m sharing the proven strategies I use to help individuals and small business owners tackle their IRS tax issues head-on. I’ll explain how I work with clients to negotiate settlements, release levies, and create lasting solutions to manage back taxes. One of the biggest mistakes I see is people focusing on back taxes without staying current on their new obligations, which makes the problem...
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EP112: Feel the Relief with Expert IRS Tax Settlements
Tax Man, Tax Relief Podcast
Financial stress and worries about bank levies or tax liens can feel overwhelming. In this episode, I take you through to resolving IRS tax disputes for self-employed individuals and small business owners. We help clients handle everything from settlements and protection holds to getting levies released. With so many unqualified advisors offering empty promises, finding a trusted path to real relief may seem impossible. But there are proven solutions that can finally ease that burden and help you move forward. Tune in and take control of your financial future today. Hear...
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EP111: Real Tax Solutions to Ease IRS Stress
Tax Man, Tax Relief Podcast
The fear of losing control over your finances due to tax disputes is stressful and exhausting. In this episode, I share how to help individuals and small business owners handle tax disputes with the IRS and state taxing authorities. We know how distressing it is to face collections and potential levies, and the fake promises you see online. Many people are misled by unqualified advisors promising to erase their tax debt for nothing, leaving them feeling even more uncertain. But we give you real, trusted solutions available to help you resolve these issues for good. ...
info_outlineHas the IRS just levied your bank account? It's a scary situation, but there are steps you can take to address it.
In this episode, I explain what to do if the IRS has levied your bank account. We'll cover the essential actions to take immediately, such as checking your bank account, confirming the levy, and understanding your tax obligations. Learn about the process for removing the levy, including setting up a payment plan, completing necessary forms, and providing substantiation documents.
Get the insights you need to navigate this stressful situation and find relief.
Don’t let an IRS levy ruin your financial stability.
Tune in now to learn the steps to remove the levy and protect your assets.
JLD Tax Resolution Group is here to lend a hand. Feel free to schedule a complimentary consultation by calling us at 201-479-2572 or visiting our website www.201tax.com.