The IRS Debt and Audit Podcast

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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. 4d ago

    IRS Debt and Bankruptcy: When the IRS Still Comes After You (Audio)

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host Sean O'Connor and seasoned tax attorney Brian Loughrin delve into the complexities of bankruptcy and its impact on IRS tax debt. Brian, with over 25 years of experience, explains why filing for bankruptcy doesn't always eliminate IRS tax debt, unlike other debts such as credit cards. The discussion covers the differences between Chapter 7 and Chapter 13 bankruptcies, the role of the IRS insolvency unit, and the importance of correctly listing tax debts in bankruptcy schedules.  Brian highlights common pitfalls, such as substitute tax returns and the three-year rule for discharging tax debt. Listeners will gain valuable insights into how bankruptcy affects IRS collections and how to avoid extending the IRS collection statute unknowingly. This episode is essential for anyone considering bankruptcy as a solution to their tax issues. Key Timestamps: 00:01 – Introduction 0:30 – Why Bankruptcy Doesn't Erase IRS Tax Debt 1:25 – Differences Between Chapter 7 and Chapter 13 2:30 – Role of the IRS Insolvency Unit 3:02 – Common Mistakes in Bankruptcy Filings 4:09 – Substitute Tax Returns and Bankruptcy 6:06 – Factors Affecting IRS Debt Discharge 7:00 – Importance of Filing Dates in Bankruptcy 9:01 – IRS Collection Activity During Bankruptcy 10:23 – Chapter 13 Bankruptcy and IRS Debt 12:14 – Collection Statute Extensions 14:00 – Understanding Chapter 13 Payment Structures 15:12 – Post-Bankruptcy IRS Collections 16:27 – Avoiding Pitfalls with Tax Debt Companies About the Show:  The IRS Debt and Audit Podcast is a must-listen for individuals and business owners facing serious IRS issues. Hosted by tax attorney Brian Loughrin, the show offers expert insights into navigating complex tax problems, from audits to court cases.  With a focus on clarity and practical advice, each episode breaks down intricate tax topics into understandable segments. Whether you're dealing with tax debt or seeking to prevent future IRS challenges, this podcast provides the knowledge and strategies you need to manage your tax responsibilities effectively. For more information, visit our website: www.tampataxrelief.com

    IRS Debt and Bankruptcy: When the IRS Still Comes After You (Audio)

  2. 4d ago ·  Video

    IRS Debt and Bankruptcy: When the IRS Still Comes After You (Video)

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host Sean O'Connor and seasoned tax attorney Brian Loughrin delve into the complexities of bankruptcy and its impact on IRS tax debt. Brian, with over 25 years of experience, explains why filing for bankruptcy doesn't always eliminate IRS tax debt, unlike other debts such as credit cards. The discussion covers the differences between Chapter 7 and Chapter 13 bankruptcies, the role of the IRS insolvency unit, and the importance of correctly listing tax debts in bankruptcy schedules.  Brian highlights common pitfalls, such as substitute tax returns and the three-year rule for discharging tax debt. Listeners will gain valuable insights into how bankruptcy affects IRS collections and how to avoid extending the IRS collection statute unknowingly. This episode is essential for anyone considering bankruptcy as a solution to their tax issues. Key Timestamps: 00:01 – Introduction 0:30 – Why Bankruptcy Doesn't Erase IRS Tax Debt 1:25 – Differences Between Chapter 7 and Chapter 13 2:30 – Role of the IRS Insolvency Unit 3:02 – Common Mistakes in Bankruptcy Filings 4:09 – Substitute Tax Returns and Bankruptcy 6:06 – Factors Affecting IRS Debt Discharge 7:00 – Importance of Filing Dates in Bankruptcy 9:01 – IRS Collection Activity During Bankruptcy 10:23 – Chapter 13 Bankruptcy and IRS Debt 12:14 – Collection Statute Extensions 14:00 – Understanding Chapter 13 Payment Structures 15:12 – Post-Bankruptcy IRS Collections 16:27 – Avoiding Pitfalls with Tax Debt Companies About the Show:  The IRS Debt and Audit Podcast is a must-listen for individuals and business owners facing serious IRS issues. Hosted by tax attorney Brian Loughrin, the show offers expert insights into navigating complex tax problems, from audits to court cases.  With a focus on clarity and practical advice, each episode breaks down intricate tax topics into understandable segments. Whether you're dealing with tax debt or seeking to prevent future IRS challenges, this podcast provides the knowledge and strategies you need to manage your tax responsibilities effectively. For more information, visit our website: www.tampataxrelief.com

    IRS Debt and Bankruptcy: When the IRS Still Comes After You (Video)

  3. Oct 28 ·  Video

    Partial Payment Installment Agreements: Paying Less Over Time

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, hosts Brian Loughrin, a seasoned tax attorney, and Sean O'Connor delve into the intricacies of partial payment installment agreements with the IRS. Brian explains how these agreements allow taxpayers to pay less than their full IRS balance over time and discusses the factors that influence the IRS's decision to accept such arrangements.  The conversation covers the importance of income, assets, and the IRS's collection timeframe in determining eligibility for partial payments. Brian also shares insights on how taxpayers can navigate the complexities of IRS negotiations, including the role of federal tax liens and the potential impact of changes in financial circumstances. Listeners will gain valuable knowledge on how to approach the IRS with a well-prepared proposal, ensuring a more favorable outcome in managing tax debts. Key Timestamps: 00:01 – Introduction 0:30 – Overview of Partial Payment Installment Agreements 1:05 – Difference Between Standard and Partial Payment Plans 1:55 – Why the IRS Accepts Partial Payments 3:19 – Factors for Eligibility: Income and Assets 5:05 – IRS Review Process for Financials 6:20 – Home Equity and IRS Liens 8:42 – Consequences of Entering Partial Payment Agreements 10:02 – IRS Monitoring and Income Changes 13:28 – Case Study: Successful Partial Payment Arrangement 15:07 – Preparing a Proposal for the IRS 16:12 – IRS Deadlines and Collection Timelines About the Show:  The IRS Debt and Audit Podcast is designed for individuals and business owners grappling with IRS challenges, from audits to tax debts. Hosted by experienced tax attorney Brian Loughrin, the show provides clear, actionable insights into navigating the complexities of IRS procedures and tax law.  Each episode breaks down critical topics, offering listeners practical advice and strategies to resolve their tax issues effectively. Whether you're facing an audit or seeking to understand installment agreements, this podcast equips you with the knowledge to manage your tax situation confidently. For more information, visit our website: www.tampataxrelief.com

    Partial Payment Installment Agreements: Paying Less Over Time

  4. Oct 21 ·  Video

    When the IRS Assigns a Revenue Officer: Why Your Case Just Got More Serious

    Episode Summary:  In this episode of the IRS DEBT and Audit Podcast, host Evan Mack is joined by seasoned tax attorney Brian Loughrin to discuss the critical role of IRS revenue officers in tax collection cases. Brian explains why the assignment of a revenue officer marks a more serious stage in the IRS collection process, highlighting the implications for individuals and business owners alike.  The conversation covers the criteria for case escalation, the types of financial information revenue officers focus on, and the increased pressure business owners face when under scrutiny. Brian shares insights on how to effectively communicate and resolve issues with revenue officers, emphasizing the importance of timely information and strategic planning. Listeners will gain valuable knowledge on managing IRS interactions and avoiding common pitfalls. Key Timestamps: 00:01 – Introduction 00:39 – Importance of Revenue Officer Assignment 01:15 – Revenue Officer's Role and Responsibilities 02:03 – Criteria for Assigning a Revenue Officer 03:07 – IRS Collection Timeframes 04:00 – Direct Communication with Revenue Officers 05:05 – Focus on Income and Financial Information 06:02 – Misunderstanding Revenue Officer Assignment 07:27 – Business Owner Challenges with IRS 08:21 – Accounts Receivable Levy Impact 09:14 – Discretion of Revenue Officers 10:20 – Strategies for Resolving Cases 11:35 – Importance of Communication and Strategy About the Show:  The IRS DEBT and Audit Podcast is a must-listen for individuals and business owners facing IRS challenges. Hosted by tax attorney Brian Loughrin, the podcast delves into complex tax issues, offering practical advice and strategies for resolving IRS disputes.  With over 25 years of experience, Brian provides listeners with expert insights into audits, tax debts, and U.S. tax court cases. The show aims to demystify the IRS process, empowering listeners to navigate their tax concerns with confidence and clarity. For more information, visit our website: www.tampataxrelief.com

    When the IRS Assigns a Revenue Officer: Why Your Case Just Got More Serious

  5. Oct 14 ·  Video

    Can the IRS Tax Illegal Income? What Happens After Criminal Convictions

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host Evan Mack is joined by seasoned tax attorney Brian Loughrin to explore the complexities of IRS tax debt related to illegal income. Brian explains why the IRS can pursue taxes on illegally earned money, even after a criminal conviction, using historical cases like Al Capone as examples.  The discussion covers how illegal income is treated similarly to legal income for tax purposes and the implications of not reporting such income. They delve into the leverage that tax issues can provide in criminal cases and the complications that arise when both criminal records and tax liabilities are involved. This episode is crucial for anyone dealing with IRS issues, providing insights into the intersection of criminal law and tax obligations. Key Timestamps: 00:01 – Introduction 00:07 – IRS Pursuit of Illegal Income 00:39 – What Constitutes Income 01:40 – Tax Implications of Illegal Proceeds 02:11 – Leveraging Tax Issues in Criminal Cases 03:13 – Historical Case: Al Capone 03:34 – IRS Treatment of Illegal Income 04:01 – Reporting Illegal Income on Tax Returns 05:08 – Determining Unreported Income 06:01 – Surprises in IRS Pursuit Post-Conviction 07:23 – Complications in Criminal and Tax Cases 09:08 – Case Study: Payroll Tax Evasion 10:29 – Pill Mills and Tax Evasion 11:59 – Restitution and Tax Liability Challenges 13:18 – IRS Cases Involving Illegal Income 14:53 – Spending Patterns of Fraudsters About the Show:  The IRS Debt and Audit Podcast is a vital resource for individuals and business owners facing serious IRS issues, from audits to tax debt and court cases. Hosted by tax attorney Brian Loughrin, the show provides clear, actionable insights into the complexities of tax law and IRS procedures.  Each episode breaks down intricate topics with clarity and precision, offering listeners the knowledge they need to navigate their tax challenges confidently. Whether you're dealing with personal tax issues or complex business cases, this podcast is your guide to understanding and resolving IRS-related problems. For more information, visit our website: www.tampataxrelief.com

    Can the IRS Tax Illegal Income? What Happens After Criminal Convictions

  6. Oct 7 ·  Video

    Cash Businesses and IRS Scrutiny: What Triggers Deeper Review

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host Evan Mack sits down with seasoned tax attorney Brian Loughrin to discuss why cash-heavy businesses often attract closer scrutiny from the IRS. Brian, with over 25 years of experience in resolving IRS issues, explains the challenges cash businesses face, including the IRS's preference for electronic transactions that are easier to track. He highlights common red flags, such as businesses that only accept cash while others in the industry use electronic payments.  The conversation covers the types of businesses that are most scrutinized, the importance of maintaining accurate records, and the potential risks of poor record-keeping. Brian also shares insights on how discrepancies between reported income and actual spending can lead to audits and more serious investigations. Listeners will gain valuable knowledge on how to manage their cash business practices to avoid IRS complications. Key Timestamps: 00:01 – Introduction 00:35 – Why Cash Businesses Attract IRS Attention 01:52 – Types of Businesses Under Scrutiny 03:48 – Inconsistencies That Raise Concerns 05:40 – Handling Income and Spending Mismatches 06:55 – Risks of Poor Record Keeping 08:02 – Realizing Exposure in Record Practices 09:02 – When Audits Turn Into Serious Investigations 10:03 – Challenges in Proving Business Expenses 11:22 – Importance of Documentation Over Explanation About the Show:  The IRS Debt and Audit Podcast is designed for individuals and business owners seeking clarity on complex IRS issues. Hosted by tax attorney Brian Loughrin, the show delves into topics like audits, tax debt cases, and IRS court proceedings.  With a focus on providing practical advice and insights, the podcast aims to demystify the IRS processes and help listeners navigate their tax challenges with confidence. Whether you're dealing with a tax audit or looking for ways to manage your business's tax obligations, this podcast offers valuable guidance and expert perspectives. For more information, visit our website: www.tampataxrelief.com

    Cash Businesses and IRS Scrutiny: What Triggers Deeper Review

  7. Sep 30 ·  Video

    Why the IRS Suddenly Starts Collecting After Years of Silence

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host Evan Mack sits down with seasoned tax attorney Brian Loughrin to unravel the mystery behind IRS collection activities that seem to vanish for years only to reappear suddenly. Brian, the founder of Tampa Tax Relief, shares insights from his 25 years of experience dealing with IRS issues, discussing how COVID-19 and staffing changes have impacted IRS operations.  He explains the 10-year statute of limitations on tax collections and how certain actions, like bankruptcy or offers in compromise, can pause this timeline. Brian also highlights the importance of understanding IRS notices and the potential financial impacts of IRS enforcement actions. This episode is essential for anyone dealing with lingering IRS debt, offering practical advice on navigating the complexities of tax collections and ensuring compliance. Key Timestamps: 00:01 – Introduction 00:07 – Why IRS Collection Activities Disappear 01:15 – Impact of COVID-19 on IRS Operations 02:09 – Misconceptions About IRS Silence 02:53 – Factors Bringing Cases Back to IRS Attention 03:58 – IRS Monitoring During Quiet Periods 06:12 – Changes When IRS Becomes Active Again 07:10 – Case Study: IRS Reappearing After Years 08:59 – Challenges with Older Tax Debts 10:24 – Financial Impact of IRS Collection Resumption 11:57 – Speed of IRS Enforcement Actions 13:08 – Conclusion About the Show:  The IRS Debt and Audit Podcast is your go-to resource for navigating the complexities of IRS issues. Hosted by tax attorney Brian Loughrin, this podcast provides clear, actionable insights into tax audits, debt resolution, and U.S. tax court cases.  Designed for individuals and business owners, the show demystifies IRS processes with a focus on practical advice and real-world examples. Whether you're facing an audit or dealing with tax debt, the IRS Debt and Audit Podcast equips you with the knowledge to manage your IRS challenges confidently. For more information, visit our website:  www.tampataxrelief.com

    Why the IRS Suddenly Starts Collecting After Years of Silence

  8. Sep 23 ·  Video

    IRS Appeals Process Explained: How Cases Get Reviewed Before Tax Court

    Episode Summary:  In this episode of the IRS Debt and Audit Podcast, host LeAnn Lyon sits down with seasoned tax attorney Brian Loughrin to explore the intricacies of the IRS appeals process. Brian, founder of Tampa Tax Relief, shares his extensive experience in helping clients resolve tax disputes before they reach the courtroom. The discussion covers the role of the IRS Office of Independent Appeals, the types of disputes commonly seen in appeals, and how proper documentation can significantly impact the outcome.  Brian emphasizes the importance of understanding the appeals process to avoid unnecessary litigation and shares real-world examples where appeals have successfully resolved disputes. Listeners will gain valuable insights into how to effectively navigate the appeals process and potentially avoid the costly and time-consuming path to tax court. Key Timestamps: 00:01 – Introduction 00:31 – Understanding the IRS Appeals Process 01:02 – Filing a Petition with US Tax Court 01:54 – Common Tax Disputes in Appeals 03:08 – Role of the IRS Office of Independent Appeals 04:03 – Goals of the Appeals Division 05:02 – Impact of Documentation on Case Outcomes 06:44 – Appeals Process Success Stories 08:50 – Factors Leading to Tax Court 09:55 – IRS Pressure to Resolve Before Litigation 10:40 – Importance of Preparedness in Appeals About the Show:  The IRS Debt and Audit Podcast is a must-listen for individuals and business owners facing IRS challenges. Hosted by tax attorney Brian Loughrin, the show delves into the complexities of IRS audits, tax debt, and appeals, providing listeners with practical advice and strategies to navigate these issues effectively.  With a focus on clarity and actionable insights, each episode aims to demystify the tax resolution process and empower listeners to take control of their financial situations. Whether you're dealing with a tax audit or seeking to understand your rights, this podcast offers valuable guidance from an experienced professional. For more information, visit our website: www.tampataxrelief.com

    IRS Appeals Process Explained: How Cases Get Reviewed Before Tax Court
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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.

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