by James Wade | Jun 17, 2020 | Fraud & Scams, IRS, Podcast, Tax Fraud, Unfiled Taxes
IRS Update: The Trouble with High Income Nonfilers and Dealing with Unemployment Fraud https://taxresolutiontalk.podbean.com/mf/play/gf3yen/Tax_Resolution_Talk_Episode_9_COMPLETE_6za4t.mp3 On June 16th, I was interviewed by Jerrod Oltmann, an enrolled agent,...
by James Wade | May 8, 2020 | IRS, IRS Back Taxes, IRS Offer-in-Compromise, Taxpayers
How Much Do I Offer to Qualify for an IRS Offer-in-Compromise? This post is a continuation of a series on the IRS offer-in-compromise program. Click here and here to read about the OIC process and programs. In this post, I am going to get right to the heart of it. How...
by James Wade | Mar 26, 2020 | IRS, IRS Back Taxes, Offers in Compromise, Tax Controversies, Taxpayers
The Three Types of IRS Offer-in-Compromise Programs I have previously introduced what an IRS offer-in-compromise is (for more detail on the basics click here). Briefly, an IRS offer-in-compromise is a legally binding contract between the taxpayer and the IRS to settle...
by James Wade | Mar 9, 2020 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
How the IRS Offer-In-Compromise Process Works Before discussing the IRS offer-in-compromise process (or “OIC”), it is helpful to briefly tell you what an offer-in-compromise does. A taxpayer who has a large tax debt which cannot be paid off using either...
by James Wade | Feb 21, 2020 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
Tax Transcripts – Why They Matter I am going to share a little inside baseball to those of you reading this post. I can, 95% of the time, know how to resolve a client’s case from reading tax transcripts. Tax transcripts are the information stored on the...
