Tax Bits Podcast

Feb 28 2022

Tax Bits Podcast artwork

Provides bite-sized tax updates and news that impact you and your loved ones. As always, you can find show notes and resources for each episode at carrtaxlaw.com.

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How Do I Complete IRS Form 433-A?

Feb 28 2022 12 mins

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?

Jan 31 2022 8 mins

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

What's a Partial Pay Installment Agreement?

Dec 31 2021 8 mins

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?

Oct 31 2021 8 mins

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?

Sep 30 2021 6 mins

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?

Aug 31 2021 6 mins

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?

Jul 31 2021 8 mins

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?

Jun 30 2021 8 mins

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?

May 31 2021 8 mins

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?

Apr 30 2021 9 mins

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