The IRS Debt and Audit Podcast

irsdebt
  • 5.0 (8)
  • Business

The IRS Debt and Audit Podcast is where taxpayers find clear answers to complex IRS problems. Each episode dives into practical topics designed to give listeners clarity and confidence when facing the IRS, from collections, audits, and professional representation to debt resolution strategies, taxpayer rights, and much more.

  1. 2d ago ·  Video

    IRS Wage Garnishment: How It Starts and What Can Be Done (Video)

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host LeAnn Lyon sits down with seasoned tax attorney Brian Loughrin to discuss the intricacies of IRS wage garnishment. Brian, founder of Tampa Tax Relief, shares his expertise on how wage garnishment begins, the communication process from the IRS, and the devastating financial impact it can have on individuals. He explains the importance of understanding IRS notices and the critical steps taxpayers can take to prevent or address garnishment. Brian also highlights the role of employers in the garnishment process and offers practical advice for those caught off guard by IRS actions. Listeners will gain valuable insights into how to navigate these challenging situations and protect their financial well-being. Key Timestamps: 00:01 – Introduction 00:34 – Understanding IRS Wage Garnishment 01:51 – Communication from the IRS 02:07 – Impact on Taxpayer's Daily Life 03:32 – Employer's Role in Garnishment 04:13 – Common Surprises for Taxpayers 05:24 – Financial Impact of Garnishment 06:26 – Timeline of IRS Notices 08:13 – Importance of Address Updates 09:22 – IRS Divisions and Communication 10:32 – Further IRS Enforcement Actions 11:25 – Steps to Release Wage Garnishment About the Show:  The IRS Debt and Audit Podcast is designed for individuals and business owners facing serious IRS issues, from audits to tax debt. Hosted by tax attorney Brian Loughrin, the show provides clear, actionable advice to help listeners navigate complex tax challenges. With a focus on practical solutions and expert insights, the podcast aims to empower listeners to resolve their IRS problems and regain financial stability. Whether you're dealing with wage garnishment, tax court cases, or other IRS-related issues, this podcast offers the guidance you need to take control of your tax situation.

    IRS Wage Garnishment: How It Starts and What Can Be Done (Video)

  2. Jul 15 ·  Video

    The IRS Offer in Compromise: Why Most Applications Fail (Video)

    Episode Summary:  Exploring the complexities of the IRS offer and compromise program, tax attorney Brian Loughrin discusses why many applicants face rejection due to unrealistic expectations and financial disclosures. Understanding the nuances of this process is crucial for anyone seeking tax debt resolution. Key Timestamps: 00:00 – Introduction 00:37 – Definition of Offer and Compromise 02:05 – Qualifying Situations for IRS Acceptance 03:44 – Common Reasons for Rejection 04:51 – IRS Evaluation of Financial Situations 06:01 – Differences in Review Processes 07:29 – Realistic Expectations in Resolution 09:31 – Importance of Financial Disclosure 10:41 – Impact of Unrealistic Expectations 12:17 – Seeking Professional Evaluation About the Show: *IRS Debt and Audit Podcast* provides valuable insights into resolving tax issues, featuring expert advice from seasoned tax attorney Brian Loughrin. From audits to tax debt, the podcast offers practical solutions for individuals and businesses navigating IRS challenges.

    The IRS Offer in Compromise: Why Most Applications Fail (Video)

  3. Jul 8 ·  Video

    How the IRS Calculates Your Ability to Pay (Video)

    Episode Summary:  In this episode, tax attorney Brian discusses how the IRS assesses a taxpayer's ability to pay significant tax debts. He explains the concept of ability to pay, the financial information the IRS evaluates, and how it impacts resolution paths like installment agreements. Brian sheds light on the IRS's viewpoint on income, expenses, and assets, offering insights into navigating IRS collections effectively. Key Timestamps: 00:00 – Introduction 0:48 – Understanding Taxpayer's Ability to Pay 2:46 – IRS's Review of Income and Expenses 4:10 – Discrepancies in Financial Views 5:36 – IRS's Valuation Impact in Resolving Cases 6:50 – Influence of Assets on IRS Approach 9:32 – Financial Evaluation and Resolution Paths 10:43 – Importance of Income in Financial Evaluation 11:38 – Common Misconceptions in IRS Financial Evaluations 13:12 – Role of Tax Attorney in IRS Communication About the Show: *IRS Debt and Audit Podcast* features tax attorney Brian Loughrin sharing valuable insights on resolving IRS issues, offering expert guidance on tax debt, audits, and IRS collections to individuals and business owners.

    How the IRS Calculates Your Ability to Pay (Video)

  4. Jul 1 ·  Video

    What Happens If You Default on an IRS Installment Agreement? (Video)

    Episode Summary:  In this episode, tax attorney Brian Loughrin discusses the implications of IRS installment agreements going into default. He explains common reasons for defaults, how the IRS responds, and the importance of staying compliant to avoid enforcement actions, offering valuable insights for taxpayers managing IRS debts. Key Timestamps: 00:00 – Introduction 0:47 – What Happens When an Installment Agreement Defaults 2:51 – Common Situations Leading to Payment Plan Defaults 4:41 – Misconceptions About Resuming Payment Plans 6:09 – Addressing Defaulted Agreements 7:36 – Impact of Default on IRS Collection Activities 10:40 – Misunderstandings Around Installment Agreement Rules 12:59 – Involving a Tax Attorney for Resolution About the Show:  *IRS Debt and Audit Podcast* features Brian Loughrin, a seasoned tax attorney helping individuals and business owners nationwide resolve complex IRS issues. With over 25 years of experience, Brian offers expert guidance on tax debt, audits, and installment agreements.

    What Happens If You Default on an IRS Installment Agreement? (Video)

  5. Jun 17 ·  Video

    Can the IRS Seize Your Business or Shut It Down? (Video)

    Episode Summary:  Exploring the IRS's authority to seize business assets and shut down businesses due to tax issues. Tax attorney Brian discusses the types of tax problems that put businesses at risk and the escalation of enforcement actions. Learn how communication changes with the IRS and the importance of involving a tax attorney early to prevent severe consequences for your business. Key Timestamps: 00:00 – Introduction 1:06 – IRS Authority in Tax Collection 2:16 – Tax Issues Risking Business Enforcement 3:44 – IRS Collection Process 5:55 – Business Owner Facing IRS Pressure 7:03 – Potential Business Assets Targeted 8:39 – Escalation in Enforcement for Unpaid Taxes 9:44 – Changes in Communication with IRS 11:20 – Importance of Tax Attorney Involvement About the Show: *IRS Debt and Audit Podcast* offers expert insights into resolving serious IRS problems for individuals and business owners. Hosted by tax attorney Brian Loughrin, the podcast provides clear guidance on dealing with IRS enforcement actions, audits, and tax debts.

    Can the IRS Seize Your Business or Shut It Down? (Video)

  6. Jun 3 ·  Video

    The IRS 433 Financial Disclosure Process Explained (Video)

    Episode Summary:  In this episode, tax attorney Brian breaks down the IRS financial disclosure process, focusing on the 433 series forms and how they impact resolving tax debt. Learn how these forms provide the IRS with crucial financial information to determine payment arrangements, offering valuable insights for individuals facing tax challenges. Key Timestamps: 00:00 – Introduction 1:02 – Role of Financial Disclosure Forms 2:10 – Setting Up Payment Plans 3:42 – Different Versions of Form 433 5:24 – IRS Review Process 6:51 – Importance of Income in IRS Evaluation 8:37 – Qualifying for Collection Alternatives 10:22 – Handling Disallowed Expenses 11:20 – Common Mistakes in Financial Disclosures 12:59 – Guiding Communication with IRS About the Show: *IRS Debt and Audit Podcast* offers expert insights into navigating IRS challenges, providing valuable information on tax debt resolution and audit processes. Join us to gain clarity on complex tax issues and strategies for overcoming financial obstacles.

    The IRS 433 Financial Disclosure Process Explained (Video)

  7. May 20 ·  Video

    IRS Collection Statute Expiration Date (CSED): When Does Tax Debt Actually Expire? (Video)

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, tax attorney Brian Loughrin explains the IRS collection statute expiration date and how it impacts the timeline for collecting tax debt. Understanding this crucial concept can help individuals and business owners navigate their tax obligations effectively, offering actionable insight for anyone facing this challenge. Key Timestamps: 00:00 – Introduction 01:08 – Explaining the Collection Statute Expiration Date 02:49 – Determining Collection Period Start 03:54 – Importance of Understanding Collection Timeline 04:48 – Significance of Collection Statute in Resolving Cases 05:01 – Circumstances Extending Collection Timeline 06:32 – Actions Freezing the Collection Statute 08:00 – Handling Multiple Tax Periods 09:55 – Impact of Misunderstanding Payment Allocation 10:52 – Role of Tax Attorney in Evaluating Collection Timeline About the Show: *IRS Debt and Audit Podcast* features expert insights from tax attorney Brian Loughrin, guiding listeners through the complexities of IRS debt, audits, and tax relief strategies. Stay informed and empowered to navigate your tax challenges with confidence.

    IRS Collection Statute Expiration Date (CSED): When Does Tax Debt Actually Expire? (Video)

  8. May 6 ·  Video

    Trust Fund Recovery Penalty: When the IRS Comes After You Personally (Video)

    Episode Summary:  In this episode, tax attorney Brian breaks down the trust fund recovery penalty, highlighting how unpaid payroll taxes can lead the IRS to pursue individuals personally. He explains the implications, responsibilities, and potential consequences for business owners facing IRS scrutiny, offering valuable insights for navigating tax challenges. Key Timestamps: 00:38 – Explaining the Trust Fund Recovery Penalty 04:39 – IRS's Aggressive Collection Approach 05:20 – Identifying Responsible Parties 07:04 – Determining Responsibility in Payroll Taxes 09:14 – Surprising Personal Responsibility Cases 11:12 – IRS Investigation Process 13:08 – Speed of Payroll Tax Cases 14:16 – Financial Exposure After Assessment 15:39 – Importance of Having a Tax Attorney About the Show: *IRS Debt and Audit Podcast* sheds light on complex tax issues, providing expert guidance on resolving IRS problems for individuals and businesses. Hosted by seasoned tax attorney Brian Loughrin, the show offers valuable insights and strategies to navigate tax challenges effectively.

    Trust Fund Recovery Penalty: When the IRS Comes After You Personally (Video)
See All (25)

5
out of 5
8 Ratings

About

The IRS Debt and Audit Podcast is where taxpayers find clear answers to complex IRS problems. Each episode dives into practical topics designed to give listeners clarity and confidence when facing the IRS, from collections, audits, and professional representation to debt resolution strategies, taxpayer rights, and much more.

Information

  • Creator
    irsdebt
  • Years Active
    2025 - 2026
  • Episodes
    25
  • Rating
    Clean
  • Copyright
    © Copyright 2025 All rights reserved.
  • Show Website
    The IRS Debt and Audit Podcast