Tax Bits Podcast

Tax Bits Podcast


Latest Episodes

How Do I Complete IRS Form 433-A?
March 01, 2022

In this episode I discuss completion of the (dreaded) IRS Form 433-A Collection Information Statement. 

How Do I Set Up an IRS Installment Agreement?
February 01, 2022

In this episode I delve further into the mechanics of setting up an IRS payment plan.

What's a Partial Pay Installment Agreement?
January 01, 2022

In this episode I discuss how a Partial Payment Installment Agreement allows you to reduce your monthly IRS payment. 

What's an IRS Installment Agreement?
November 01, 2021

In this episode I discuss how the IRS Installment Agreement allows you to resolve a large tax bill over time. 

How Do I Get an IRS Transcript?
October 01, 2021

In this episode I discuss the different types of transcripts available from the IRS, and how to get them. 

What is the Statute of Limitations on IRS Refunds, Audits and Collections?
September 01, 2021

The amount of time to claim an IRS refund, undergo an audit, or be pursued by collection agents is governed by the law. 

What is an IRS Tax Audit?
August 01, 2021

An IRS tax audit is when an employee of the Internal Review Service takes a peek at your financial information to make certain your taxes were filed correctly.

How Do I Get an IRS Penalty Abatement?
July 01, 2021

If you're facing a large tax bill, arguing for penalty abatement may be a good strategy to reduce your overall debt.

What Is an Offer In Compromise?
June 01, 2021

If you owe the IRS more than you're able to pay, an Offer In Compromise may be a viable resolution option. 

What Do I Do if I Have Unfiled Tax Returns?
May 01, 2021

If you have several years unfiled tax returns, the IRS may  prepare a substitute tax return to start the collections process against you.