Tax Problems and International Travel
Todd and Mike discuss a solution called “uncollectable status,” where the IRS leaves you alone even though you have a balance due. How does this affect your ability to travel internationally? Also discussed is how travel can affect how long the IRS can pursue you for a balance due.
3 Types of Offer in Compromise?
Mike and Todd discuss IRS Problems and how an IRS Offer In Compromise can stop IRS collections. They also discuss the 3 different types of Offers in Compromise. Todd explains how the IRS views a situation when one party owes IRS debt while the other doesn’t owe.
Tax Protesters Should See This Before They Walk Down This Path
Todd and Mike talk about the Power of the IRS in regards to when you decide the tax filing is voluntary. What will the IRS do if you take the position that you no longer need to file taxes. Tax protesters should see this before they walk down this path.
How Does the Audit System Work?
Todd and Mike talk about the IRS’s power in Audits. How does the system work. If the IRS changes something, who has the “burden of Proof” to determine if you are innocent. And how do you prove you are innocent? As always, the IRS has the power. But knowledge can only help!