Tax Relief with Logan Allec, CPA

Logan Allec
  • 4.0 (3)
  • Business
  • Updated Semiweekly

Do you owe back taxes to the IRS or your state government or have unfiled tax returns? Then this is the podcast for you! Every Monday, Wednesday, and Friday, Logan Allec, CPA — owner of A+ BBB-accredited tax resolution firm Choice Tax Relief — explains exactly how to get tax relief for your back tax debt. Would you like a FREE tax relief consultation with Logan's company, Choice Tax Relief? Schedule your consultation now by calling 866-8000-TAX!

  1. 5d ago

    IRS Payment Plan Too High? What Determines Your Monthly Payment

    Do you owe the IRS or state at least $10,000 in back taxes? Or do you have multiple years of tax returns you need to get filed? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or by booking here: https://choicetaxrelief.com/free-tax-... Worried an IRS payment plan will leave you short on rent, groceries, or other necessities? My team can help you understand what affects your payment and which resolution options may fit your situation before you commit to a plan you cannot maintain. Free. No obligation. No judgment. If you owe the IRS $30,000, how much will you have to pay each month? There is no single answer. I’m Logan Allec, CPA and owner of Choice Tax Relief. I explain how your total balance, time left for IRS collection, type of payment plan, and financial situation can affect the monthly amount. We’ll cover checking your balance and missing returns, simple payment plans, Form 433-F, allowable living expenses, asset equity, partial payment installment agreements, and currently not collectible status. The dollar amounts are simplified examples—not quotes, guaranteed payments, or promised debt forgiveness. Approval depends on your facts; penalties and interest generally continue, collection deadlines can change, and partial payment plans are subject to periodic financial review. CHAPTERS 0:00 Owe $30,000—what would the monthly payment be? 1:10 Verify your full IRS balance first 2:14 What about unfiled tax returns? 2:30 Simple payment plans and the collection deadline 3:11 The $30,000 / 100-month example 3:38 Larger balances and unaffordable payments 4:02 When the IRS needs your financial information 4:31 Income, living expenses, and Form 433-F 5:10 Currently not collectible status and assets 5:49 A partial payment plan example 6:17 Choosing a payment you can maintain 6:38 Get help with your IRS tax debt WATCH NEXT Living Expenses Above IRS Standards? Here’s What You Must Prove    • Living Expenses Above IRS Standards? Here’...  Does IRS Debt Go Away After 10 Years? Here’s What Can Extend It    • Does IRS Debt Go Away After 10 Years? Here...  Can’t Afford IRS Payments? Do You Qualify for CNC Status?    • Can’t Afford IRS Payments? Do You Qualify ...  IRS RESOURCES Payment options and partial payment plans: https://www.irs.gov/taxtopics/tc202 Collection financial standards: https://www.irs.gov/businesses/small-... General information, not advice for your specific tax situation. #IRSPaymentPlan #TaxDebt #ChoiceTaxRelief

  2. Sep 23

    Living Expenses Above IRS Standards? Here’s What You Must Prove

    Owe the IRS or your state $10,000+ in back taxes, or have multiple years of unfiled tax returns? Get a FREE consultation with Choice Tax Relief by calling 866-8000-TAX or book here: https://choicetaxrelief.com/free-tax-... My team can review your tax debt, necessary living expenses, and potential resolution options. Free. No obligation. No judgment. What if your rent, food, or other necessary expenses exceed the IRS collection financial standards? I explain when documented need may support a higher allowance, using a medically necessary diet and housing costs as examples. Simply spending more does not guarantee that the IRS will allow the extra expense. CHAPTERS 0:00 Will the IRS allow expenses above its standards? 0:44 National standards and a medically necessary diet 1:21 Housing and utilities: the $3,000 example 2:21 Documenting housing needs and commuting limits 4:07 The takeaway: documented need matters 4:24 Get help with back taxes or unfiled returns CLARIFICATIONS & IRS RESOURCES Expense rules differ by category. National food/clothing and out-of-pocket health care standards generally provide allowances without requiring proof of actual spending. Local housing and transportation generally use actual expenses or the standard, whichever is less, subject to justified exceptions. Different rules may apply to qualifying payment plans, including the six-year repayment rule. Amounts change; check the current standards for your household and location. IRS collection financial standards: https://www.irs.gov/businesses/small-... IRS Financial Analysis Handbook: https://www.irs.gov/irm/part5/irm_05-... WATCH NEXT Can’t Afford IRS Payments? Do You Qualify for CNC Status?    • Can’t Afford IRS Payments? Do You Qualify ...  IRS Payment Plan or Offer in Compromise: Which Is Right for You?    • IRS Payment Plan or Offer in Compromise: W...  I’m Logan Allec, CPA, founder of Choice Tax Relief. This video is general education; your options depend on your facts. #TaxRelief #IRS #TaxDebt

  3. Sep 22

    Can Tax Refunds Pay Off Old IRS Debt? ($20,000 Example)

    Have multiple years of unfiled tax returns or owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-unfi... Can refunds from unfiled tax returns cover old IRS debt before a levy? In this video, I respond to a viewer who owes about $20,000 for 2018 and 2019 and expects refunds from their 2023–2025 returns. I explain why the exact IRS notice matters, how to ask for a collection hold, why filing promptly is important, and what to consider if you received an LT11 or CP90. We also cover checking the current balance with penalties and interest and reviewing each tax year separately. CHAPTERS 0:00 $20,000 owed and refunds from unfiled returns 0:51 Identify the IRS levy notice 1:42 Asking the IRS for a collection hold 2:18 Filing the returns and refund deadlines 3:55 LT11, CP90, and hearing options 5:38 Check the current balance and each tax year 6:56 Recap: contact the IRS and file promptly 7:36 Get help from Choice Tax Relief WATCH NEXT Haven’t Filed Taxes in Years and Can’t Pay? Start Here:    • Haven’t Filed Taxes in Years and Can’t Pay...  TIMING NOTE The filing-year discussion refers to 2026. At 3:37, the reference to the calendar-year 2025 e-file shutdown should be 2026. Check current IRS filing availability and the deadline printed on your notice. An equivalent hearing does not provide the same automatic levy protection as a timely CDP hearing. IRS resources: https://www.irs.gov/appeals/collectio... https://www.irs.gov/individuals/under... #UnfiledTaxReturns #TaxDebt #IRS

  4. Sep 21

    401(k) Early Withdrawal Penalty: What If You Can't Pay?

    Do you owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-tax-... My team can help you understand your options for a tax bill you can't afford. Free. No obligation. No judgment. Cashed out your 401(k) and now owe a tax bill you can't afford? A withdrawal can trigger income tax plus a 10% early-distribution tax. In this video, I respond to someone who withdrew about $38,000 after a layoff and ended up facing a tax bill of more than $12,000. I explain why a layoff or financial hardship doesn't automatically erase the 10% additional tax, where Form 5329 fits in, and the collection options that may be available when you can't pay: an IRS payment plan, a partial payment installment agreement, currently not collectible status, or an offer in compromise. Eligibility depends on your circumstances. There are specific exceptions to the early-distribution tax. Check which rules apply to your type of retirement account and withdrawal: https://www.irs.gov/retirement-plans/... 0:00 A $38,000 withdrawal and a surprise tax bill 1:07 Form 5329 and the 10% additional tax 2:07 Understand the tax cost before withdrawing 3:12 Options when you can't pay the IRS 4:17 What if you can't afford monthly payments? 4:56 DIY resources or professional help #401k #TaxDebt #TaxRelief

  5. Sep 20

    Sold Someone Else's Stuff on eBay? The IRS May Come After You

    Do you owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-tax-... Facing an IRS bill after selling online? My team can help you understand the issue and possible next steps. Free. No obligation. No judgment. They sold someone else's equipment on eBay, split the proceeds, and received a Form 1099-K reporting about $219,000 under their own Social Security number. Now the IRS says they owe. What went wrong, and what should they do next? In this video, I review an eBay seller's account of a complicated IRS dispute involving PayPal, Form 1099-K, the Automated Underreporter unit (AUR), and the Taxpayer Advocate Service (TAS). I discuss why the gross amount reported on a 1099-K needs to be reconciled with the tax return, how the seller's arrangement and payments to the equipment owner affect the analysis, and why records are so important. I also explain why I would preserve the appeal rights described in the seller's Letter 106C instead of relying on a possible adjustment that hasn't been finalized. The correct reporting depends on the actual arrangement and supporting records. Follow the deadlines in your own IRS correspondence. 0:00 The eBay seller's IRS problem 0:34 A $219,000 Form 1099-K and a 50/50 arrangement 1:30 Where the reporting went wrong 3:12 The reconstructed Schedule C and IRS adjustments 4:25 Appeal or wait for the Taxpayer Advocate Service? 6:34 Records that support your position 8:21 Keep your own copies of financial records 9:01 The takeaway for sellers IRS resource: What to do with Form 1099-K https://www.irs.gov/businesses/what-t... #eBay #1099K #TaxRelief

  6. Sep 19

    Can the State Levy Your Bank Account for Back Taxes?

    Do you owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-tax-... If your bank account is frozen over state taxes, my team can help you understand your options and next steps. Free. No obligation. No judgment. Can your state levy your bank account for back taxes? Yes. Logan Allec, CPA, walks through a California Franchise Tax Board bank-levy notice and explains what to check when your funds are frozen, how state tax-relief options differ from IRS options, and why you need to act before the bank sends the money. IF YOUR ACCOUNT IS FROZEN • Identify the issuing tax agency, the amount held, and the bank's transfer date. • Contact the agency promptly about a release, hardship, an error, exempt funds, or an available payment arrangement. Approval depends on your facts and state rules. • Confirm that the bank actually received any release. A request or payment-plan application alone does not guarantee the money will be returned. CHAPTERS 0:00 A real state bank-levy notice 1:05 How long are the funds frozen? 1:37 Which funds does the levy attach to? 2:11 State hardship and payment options 3:09 State settlements and collection deadlines 3:35 Asking the state to release a levy 4:12 Coordinating state and IRS tax debt 5:00 Get help with your tax debt WATCH NEXT — FEDERAL IRS OPTIONS Can't afford IRS payments? Currently not collectible status:    • Can’t Afford IRS Payments? Do You Qualify ...  IRS payment plan or offer in compromise:    • IRS Payment Plan or Offer in Compromise: W...  Does IRS debt go away after 10 years?    • Does IRS Debt Go Away After 10 Years? Here...  IMPORTANT CLARIFICATIONS • California is the example in this video. Other states have different notice requirements, holding periods, exemptions, remedies, and collection deadlines. • For California FTB bank orders covered by Revenue and Taxation Code section 18670, the minimum holding period is 10 BUSINESS days from the bank's receipt of the notice. Verify the actual transfer date with your bank; do not count from when you opened the letter. • The discussion of later deposits concerns the one-time bank levy shown. New levies and other types of collection orders can affect additional funds. • An existing state tax payment can affect an IRS financial analysis, but a dollar-for-dollar reduction is NOT guaranteed. IRS rules may limit or prorate the allowable payment depending on the timing of the agreement, your finances, and the resolution sought. OFFICIAL RESOURCES California FTB — help with withholding orders: https://www.ftb.ca.gov/pay/collection... California FTB — collection statute of limitations: https://www.ftb.ca.gov/pay/collection... IRS Financial Analysis Handbook — delinquent state and local taxes: https://www.irs.gov/irm/part5/irm_05-... General education; your state's law and your account history determine the options available to you. #StateTaxes #BankLevy #TaxRelief

  7. Sep 17

    Does IRS Debt Go Away After 10 Years? Here’s What Can Extend It

    Do you owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-tax-... Not sure whether your old IRS debt is close to expiring? My team can help you understand your situation before you choose a resolution strategy. Free. No obligation. No judgment. Does IRS tax debt go away after 10 years? The IRS generally has 10 years from the date it assesses the tax to collect, but certain events can pause or extend that period. Logan Allec, CPA, explains the collection statute expiration date (CSED), common tolling events, and why you should verify your actual deadline before deciding how to handle old tax debt. WATCH NEXT Can’t afford IRS payments? Currently not collectible status:    • Can’t Afford IRS Payments? Do You Qualify ...  Partial-payment installment agreements explained:    • The IRS Partial-Payment Installment Agreem...  IRS payment plan or offer in compromise:    • IRS Payment Plan or Offer in Compromise: W...  ARTICLE DISCUSSED IRS statute of limitations: https://choicetaxrelief.com/irs/statu... CHAPTERS 0:00 Does IRS debt have an expiration date? 0:35 The clock starts with the tax assessment 1:49 What are tolling events? 3:14 Bankruptcy and the collection clock 4:02 Offers in compromise 4:53 Installment-agreement requests 5:13 CDP hearings and innocent-spouse claims 6:11 Living outside the United States 7:20 Finding and checking your CSED 8:19 What happens when the collection period expires? 8:39 CNC status and partial-payment plans 9:34 Get help with your tax debt CLARIFICATIONS • In the opening example, a 2015 return filed and assessed in 2016 would generally have an initial 2026 collection deadline, before any suspensions or extensions. • For installment agreements, the pending REQUEST can suspend the collection clock. An approved payment plan does not automatically suspend it throughout repayment. Rejection, termination, appeals, and certain written extensions have separate rules. • For offers in compromise, the clock is generally suspended while a processable offer is pending, for 30 days after rejection, and during a timely appeal of that rejection. • The 10-year period is not a guarantee that every old tax balance disappears on the same date. Separate assessments can have different deadlines; special rules can apply to timely court actions and certain levies. State collection rules can differ. IRS guidance: https://www.irs.gov/filing/time-irs-c... This video provides general education. Your account history, deadlines, and eligibility determine which options fit your situation. #IRSDebt #TaxRelief #CSED

  8. Sep 14

    Haven’t Filed Taxes in Years and Can’t Pay? Start Here

    Have multiple years of unfiled tax returns, or owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: https://choicetaxrelief.com/free-unfi... You do not need to have the full tax payment saved before you ask for help getting caught up. My team can talk through your missing returns and next steps. Free. No obligation. No judgment. Haven’t filed taxes in years because you’re afraid you can’t pay what you owe? Waiting until you have the money can make getting caught up harder. In this video, Logan Allec, CPA and owner of Choice Tax Relief, explains how to start addressing unfiled tax returns, even if you can’t pay the balance in full. You’ll learn how to identify missing returns, why the IRS’s general six-year enforcement policy isn’t a blanket rule, what can happen if the IRS files a substitute for return, and how to prioritize the years you need to file. I also cover filing requirements, refund deadlines, transcripts, and records you may need to get started. WATCH NEXT How to File BACK TAXES, Avoid PENALTIES, and Get Your Life Back!    • How to File BACK TAXES, Avoid PENALTIES, a...  CHAPTERS 00:00 You don’t need the money before you file 02:39 Identify your missing tax returns 03:44 How many years do you need to file? 05:25 IRS substitute for return: why it matters 06:53 Did you have a filing requirement? 07:44 Which tax years should you file first? 09:03 Gather transcripts and prepare your returns 10:24 More help filing back taxes #BackTaxes #UnfiledTaxes #IRS

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Do you owe back taxes to the IRS or your state government or have unfiled tax returns? Then this is the podcast for you! Every Monday, Wednesday, and Friday, Logan Allec, CPA — owner of A+ BBB-accredited tax resolution firm Choice Tax Relief — explains exactly how to get tax relief for your back tax debt. Would you like a FREE tax relief consultation with Logan's company, Choice Tax Relief? Schedule your consultation now by calling 866-8000-TAX!

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