Tax Bits Podcast

Latest Episodes
How Do I Complete IRS Form 433-A?
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?
In this episode I delve further into the mechanics of setting up an IRS payment plan.
What's a Partial Pay Installment Agreement?
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?
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?
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?
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?
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?
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?
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?
If you have several years unfiled tax returns, the IRS may prepare a substitute tax return to start the collections process against you.