Sept. 15, 2025

Deadline & Business Bookkeeping

Deadline & Business Bookkeeping
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Season 3

TaxTalk4U.com Deadline & Business Bookkeeping. IRS Deadlines when to file, pay estimated taxes, estimated tax due dates. Truckers, business owners or individuals the tax requirements and deadlines. Owner-operators, business owners can file as self-employed business owners, which involves paying quarterly estimated taxes but also allows for claiming business-related deductions. Quarterly estimated taxes how much and when to pay the IRS. Bookkeeping made simple to get every deduction.y the IRS.

Tax Talk 4 U is broadcast live Mondays at 10AM ET and Music on W4CY Radio (www.w4cy.com) part of Talk 4 Radio (www.talk4radio.com) on the Talk 4 Media Network (www.talk4media.com). Tax Talk 4 U is viewed on Talk 4 TV (www.talk4tv.com).

Tax Talk 4 U Podcast is also available on Talk 4 Media (www.talk4media.com), Talk 4 Podcasting (www.talk4podcasting.com), iHeartRadio, Amazon Music, Pandora, Spotify, Audible, and over 100 other podcast outlets.

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WEBVTT

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The topics and opinions express in the following show are

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solely those of the hosts and their guests and not

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those of W FOURCY Radio. It's employees are affiliates. We

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make no recommendations or endorsements for radio show programs, services,

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or products mentioned on air or on our web. No

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liability explicit or implies shall be extended to W FOURCY

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Radio or it's employees are affiliates. Any questions or comments

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should be directed to those show hosts. Thank you for

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choosing W FOURCY Radio.

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Barry G.

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Fowler EA brings you tax talk for you right here

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on W four CY Radio and talk for TV. As

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an enrolled agent and a national leader in tax resolution

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as well as Trucker bookkeeping and tax planning. With over

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thirty years of experience, Barry will break down taxes, bookkeeping,

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tax planning, and tax relief for individuals and businesses just

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like you. So let's have some tax talk for you

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with your hosts.

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Barry G.

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Fowler, Hey, welcome in great Monday morning, September fifteenth. You

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know things that happened and you have to do today

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is kind of one of these really bad deadline days.

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And you know today we're going to talk about deadlines,

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what you have coming up all the rest of the

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year for twenty twenty five, taxes and the things you've

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got to go through and do. Speaking of taxes and

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kind of good news, I got a new tax deduction.

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We had a berth out on the ranch. It's another

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mouth to feed. It's another calf, so in a couple

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of months, so I'll start eating more feed. But I

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guess that gives me another tax deduction, bigger food bill

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to go out there. And she's a healthy, full blooded

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angus cow. We were really excited and it was kind

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of good news and kind of a surprise. We did AI. No,

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not artificial intelligence and stuff like that. It's artificial insemination,

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and you know, we got to pick the bowl that

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we got to use, so it was really kind of cool.

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It was unexpected because did the pregnancy tests on way

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back in January. She did not show up as if

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she was pregnant, but then she showed up later that

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she was pregnant after we had a bowl on the

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property for about three months. And we have two others

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that are due. One looks like it might be coming

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up quicker than we expected, and another one probably be

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closer to that November December, a date we were expecting

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when the bowl there so kind of a surprise. My

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wife predicted it just the night before. She's like, man,

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she looks like she's going to pop, and behold that

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calf was on the ground in the morning when I

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got up. So it's really good, really nice when you

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don't have to do anything for your cows and they

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have birth naturally without any problems. She's been a great mother,

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So that's been good. Hey, you know, so we get

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tax eductions right there dealing with the ranch. But you know,

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so when you're in business, when you're self employed, maybe

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you're doing consulting, maybe you do some side work. Well,

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today is another deadline for you. If you have to

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make estimated tax payments, you need to get those in today.

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Now you can mail a check. Still, they're supposedly trying

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to change that to where they're not going to take

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checks after September thirtieth of this year. However, what I've

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noted is that they have rescinded that and they'll continue

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to take checks, you know, later after the thirtieth. So

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they're going to want going forward at some point to

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be where every tax refund has to be done by

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direct deposit. Every tax payment has to be done either

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direct deposit or direct debit, or you go online to

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IRS dot gov and make the payment through there. You

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still have some options to go through and do besides

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bailing and check. I see more and more people trying

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to get away from checks and everything, but it's still

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part of business and everything. So you've got that deadline.

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So if you've got to make estimated tax payments, get

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them in today. If you're going to mail a check,

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have it postmark today. Otherwise, go on the I r

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S website and you can go to IRS dot gov

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go to payments, and then go in there and set

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up an account and make the payment. Well, not a

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bad thing to have an account on the IRS website

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because you can go in and check all your information

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over there. On the ir AS website as well, you

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can also trackt your refunds. We also try to tell

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people that you should get an identity pen protect yourself.

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Nobody else can file unless they have that pen number,

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so it kind of does protect your account as well.

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Today is awsome the deadline to file your escorp or

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your partnership returns that were extended back on March seventeen,

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So you would need to make sure that if you

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have an escorp or you have a partnership, that you're

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getting those returns filed the day now. If you don't

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file them today, man, you're going to be hit with penalties,

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and penalties will date back to the original filing date,

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and then you're going to have penalty after penalty until

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they run out of the penalties to hit you with

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or until you file. So you know, make sure you

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get that return filed. If it's not one hundred percent

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absolutely correct, you can always filed a minded return out there.

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So I said, yes, you get it filed now. Don't

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don't commit fraud or anything. Don't be fraudulent. And the

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way you file a return either hopefully you're very close

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to having the right numbers for your company, but at

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least get those things you know filed, get that in

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if you have to. Maybe you didn't break some things

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down the way you should, or you're waiting on interest

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expense or something else to come through because you know

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you couldn't track it, you didn't do bookkeeping all year long.

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You know, get them filed and get them in. Maybe

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you had a CPA or somebody doing bookkeeping and didn't

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do bookkeeping right, and you just need to get a

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return filed, get it filed, get it corrected, and then

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amend the return to make it right and do it

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in the next you know, thirty days from there.

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Hear it.

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Truck or tax tools, taxation solutions, tax relief. We've run

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across a couple of trucking businesses who had very terrible

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bookkeeping through one of the well known truck or bookkeeping

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services that are out there, and we've had to go

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in and fix that and get it corrected. Now, it's

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taken us a little bit more time than we expected

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because the bookkeeping that was done for twenty twenty four

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was just terrible, but we managed to get those done

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and get them filed here timely. If you're coming to

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us and needing twenty four twenty five bookkeeping done, don't

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expect it to be done overnight. But as soon as

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you can get the information to us, we'll be able

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to get things moving and get it done correctly in

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short order. Now there's more deadlines coming up. You know,

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everybody knows, okay, if you've did an extension back in April,

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for your personal return, you have a dead line of

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October fifteenth, so you've got to make a file your

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ten forty by October fifteenth, So that's your next deadline. Now,

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if you had money due and it's more than nine

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hundred dollars, DIRS is going to hit you with penalties

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and interest that do give you that flexibility of that

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nine hundred dollars there, So you know, you want to

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make sure that you've paid everything hopefully back in April

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when you file the extension or got you within that

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nine hundred dollars limit out there. Those are some of

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the things that you really want to make sure that

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you have done now. Also, October fifteenth, you've got to

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file your corporate return if you have it in an extension,

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So the eleven twenty is due, remember eleven twenty s

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the escort is due today as well. Partnership, but corporations

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file on eleven twenty to October fifteenth. Your trust, if

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you file at ten forty one for your trust, those

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were extended and those would be due October fifteenth as well,

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So you want to keep those things in mind. Hey,

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we had a question about estimated tax payments. How do

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I know and how much do I make for my

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estimated tax payment for twenty twenty five. So first, what

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we're going to do is calculate your estimates off of

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your twenty twenty fourth tax return. So if you filed

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to twenty twenty four tax return, or your tax return

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is already been filed at some point or almost maybe

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a good draft, you should be able to figure out

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what your estimated tax payments are from there, because the

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IRS is going to want at least one hundred percent

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of the twenty twenty four taxes paid in for twenty

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twenty five, and then depending on how much you're making

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and what your tax is, you may have have to

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add to that to get it up to one hundred

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and twenty percent, but that's something that you've got to

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look at and do. Now. You can also make your

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estimates equal to what will be the actual tax that's

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going to be due to her twenty twenty five. So

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if your business is down, this is something you actually

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want to go through and redo your estimates so that

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they're on par with what you're actually making and you're

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not overpaying. So the goal is is to pay the

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minimum amount in set aside the rest and pay the

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rest April fifteen, so that you're making money off the

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money that you need to pay in taxes next year,

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but don't have to pay in your estimates currently, and

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then if your business is down, you don't want to

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overpay because the goal is not the refund. The goal

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is to hold out as much money as possible for

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yourself and you earn the interest in investments as we

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go from there. Hey, we're going to take a short break.

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When we come back, we're going to continue talking about

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future deadlines in twenty twenty five or for tax here

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twenty twenty five. Right after this.

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We have only scratched the surface of today's show. Please

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stand by as Barry G. Fowler will be right back

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with tax talk for you. If you own the IRS

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or are going through an IRS audit, don't go at

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it alone. Call Taxation Solutions Tax Relief at eight eight

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eight nine three zero one zero one six. We are

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your solution for IRS debts, audits, back taxes, garnishments, leans

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and levees. Whether you're an individual or business, you need

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a solution and a strong aggressive tax resolution.

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Don't let the IRS walk all over you.

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Stop the IRS now call eight eight eight nine three

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zero one zero one or go to Taxation Solutions dot

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net now for a free no obligation consultation. Let's get

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back to tax stock for you with more tax stock

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once again.

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Here's your host, Parry G. Fallon.

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Hey, welcome back. You know we're talking about deadlines and

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things you need to know when you're in business, maybe

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you're self employed and even on the personal side, so

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you know, remember you have about thirty days to file

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your ten forties. If you're on extensions, get them in,

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get them filed. If you haven't worked with somebody yet,

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get out there and reach out to them because there's

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a lot of tax for prayers that stay booked solidly

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all year long. So if you need help, reach out

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truck your tax f toos. Taxation Solutions eight eight eight

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nine three zero one zero one six eight eight eight

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nine three zero one zero one six is Taxation Solutions

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tax relief and we can help you as well solve

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your IRS problems. Get your taxes done. Maybe back taxes

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might be a problem, Maybe forgot, maybe you overlooked it,

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maybe you just didn't want to do it. No problem,

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we can help you. We can get it done now.

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If you're in business and you're doing payroll, you're going

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to have a quarterly filing coming due. Those are due

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October thirty first, and that's for the third quarter July

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through September. Now, you got to make your payroll tax payments.

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Payroll tax payments are going to be based on what

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the IRS gave you the letter at the beginning of

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the year saying, hey, this is your payroll filing requirements.

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When to pay your payroll taxes. You know, some people

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are on a monthly basis, some are bi weekly, some

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are with each payroll. You know, I prefer to set

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up every company that we payroll for to pay their

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taxes with each and every single payroll. No, wait, you're

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not hit on the fifteenth of the next month, even

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if you were a monthly filer to having to pay

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a large portion of payroll taxes that maybe you didn't

230
00:14:16.279 --> 00:14:19.000
say for, maybe you weren't prepared for, maybe you didn't

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think about, or maybe you got hit with other expenses.

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And it's easier to avoid paying payroll taxes and pay

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those other expenses and then deal with it later. But

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it becomes very costly when you do that. One of

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our new clients that we just got in. We found

236
00:14:34.320 --> 00:14:37.320
out that, you know, there are three four months behind

237
00:14:37.399 --> 00:14:40.200
and paying their payroll taxes and the penalties on that

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is going to be astronomical. They also missed a couple

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of filings, so the irs is now for sending out

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the first letter with estimated amount that was due and

241
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hitting them with penalties for that. So you know you

242
00:14:54.600 --> 00:14:56.559
want to get in make sure you make your quarterly

243
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filing for payroll nine forty one turn and get that

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in before October thirty. First, of course, you got to

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wait until the end of the quarter, So just remember

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your deadlines. Even if you're using a payroll service verified

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the forms were filed and accepted. As we've seen, there

248
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have been some payroll services out there that forget or

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miss the filing, or you've got to approve the filing

250
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and you didn't know or you didn't think about it

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00:15:30.120 --> 00:15:32.159
and so you miss the deadline. So you don't want

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to miss the deadlines there as well. Now, speaking of payroll,

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you're going to have some annual taxes tax form filing

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that's going to be due. So your forum w two

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the wage and tax statements for all your employees. You

256
00:15:49.600 --> 00:15:54.799
have a filing deadline of January thirty first, and that's

257
00:15:54.840 --> 00:15:59.120
also the same deadline to file the W twoter copy

258
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A with the Security Administration. And if you do with

259
00:16:03.799 --> 00:16:09.320
holdings for the state, your state has a filing requirement

260
00:16:09.440 --> 00:16:13.440
as well for those W twos, so you want to

261
00:16:13.480 --> 00:16:17.480
make sure you get all those filings done. Again, another

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00:16:17.519 --> 00:16:19.879
client came to us. We've now found out they didn't

263
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file the W two's state. They only filed them with

264
00:16:23.360 --> 00:16:28.679
Social Security and so you know, so Security administration was complete,

265
00:16:28.679 --> 00:16:31.960
but the state wasn't complete. So got to take care

266
00:16:32.039 --> 00:16:36.399
of that problem and make sure that those things get filed.

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00:16:36.679 --> 00:16:42.399
Awesome Form ten ninety nine NEEC non employee Compensation so

268
00:16:43.200 --> 00:16:47.320
payments over six hundred. Now they're moving with one big

269
00:16:47.399 --> 00:16:51.559
beautiful bill. You'll have til the end of January to

270
00:16:51.720 --> 00:16:56.639
file that. So those requirements are changing, but you still

271
00:16:56.720 --> 00:17:01.320
got to file that ten ninety nine by the end

272
00:17:01.440 --> 00:17:06.720
of January. So there are changes to this, but you

273
00:17:06.880 --> 00:17:10.599
want to make sure you get your forms filed. Also

274
00:17:10.720 --> 00:17:16.039
Form nine that's your annual federal Unemployment tax return. Deadline

275
00:17:16.079 --> 00:17:21.440
to file the nine forty is January thirty first. However,

276
00:17:21.519 --> 00:17:26.359
if you've deposited all the few detacks and on time.

277
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Then the deadline is extended to February tenth somewhere around there.

278
00:17:31.559 --> 00:17:36.000
You or take holidays versus Sundays and weekend. But why wait?

279
00:17:36.400 --> 00:17:39.480
If you're filing your W two's, you're filing your nine

280
00:17:39.559 --> 00:17:42.680
forty ones that'll be due by the end of January

281
00:17:42.799 --> 00:17:46.279
as well. Get the nine forty filed, Get your payroll

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forms done and out of the way so that you

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00:17:49.799 --> 00:17:56.519
don't have any deadlines that are missed. Question Alice, Yes,

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what makes what's the difference between a monthly depositor for

285
00:18:00.880 --> 00:18:05.160
payroll taxes or a semi weekly depositor for payroll tax Well,

286
00:18:05.200 --> 00:18:10.000
a monthly depositor if your tax liability was under fifty thousand,

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then during the look back period, so they're gonna send

288
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you this notice in January, they're gonna look back to

289
00:18:15.920 --> 00:18:19.400
the previous year. Then if you're under fifty thousand for

290
00:18:19.440 --> 00:18:22.559
the whole year, then your payroll taxes are due the

291
00:18:22.599 --> 00:18:26.079
month following on the fifteen, So whatever was paid let's

292
00:18:26.079 --> 00:18:30.200
say in August, would be due today. If your semi

293
00:18:30.200 --> 00:18:35.720
weekly depositor means your tax liability was over fifty thousand,

294
00:18:36.759 --> 00:18:39.960
then you get on the semi weekly so for payments

295
00:18:40.000 --> 00:18:44.440
made on Wednesday, Thursday, or Friday, you must be deposited

296
00:18:44.599 --> 00:18:49.960
the tax by the following Wednesday. If your payroll was

297
00:18:50.039 --> 00:18:53.039
paid on a Saturday, Sunday, Monday, or Tuesday, which I'm

298
00:18:53.079 --> 00:18:56.160
not sure how Saturday and Sunday applies unless you're shooting checks.

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00:18:56.519 --> 00:18:59.480
Most people do direct deposit, then they're due by the

300
00:18:59.519 --> 00:19:02.720
following Friday, and then the one last rule that they

301
00:19:02.759 --> 00:19:07.640
have is one hundred thousand dollars next day rule. So

302
00:19:07.720 --> 00:19:10.640
if you accumulate a tax liability of one hundred thousand

303
00:19:10.680 --> 00:19:14.519
dollars or more out any day, you must deposit the

304
00:19:14.559 --> 00:19:19.640
taxes by the next business day, regardless of your standard

305
00:19:19.799 --> 00:19:22.759
deposit schedule. So, like you know, maybe you're doing huge

306
00:19:22.799 --> 00:19:25.480
bonuses and now you have a huge amount of payroll

307
00:19:25.519 --> 00:19:28.960
taxes to be paid into the IRS, you would have

308
00:19:29.079 --> 00:19:33.319
to deposit that the next day. So isn't that really fun?

309
00:19:33.839 --> 00:19:38.200
I recommend all the time if you're doing payroll, engage

310
00:19:38.279 --> 00:19:41.960
a payroll service. It's worth it. Now some of them

311
00:19:42.039 --> 00:19:44.440
charge you a little bit more than we do, quite

312
00:19:44.440 --> 00:19:48.039
a bit more than we do, but you know, you

313
00:19:48.240 --> 00:19:53.240
need to have a payroll service working for you. Now,

314
00:19:53.240 --> 00:19:55.920
our payroll service you know that we offer. You've got

315
00:19:56.000 --> 00:19:58.519
to be a bookkeeping client of RUS, otherwise we're not

316
00:19:58.599 --> 00:20:02.279
going to do payroll services for you. We want to

317
00:20:02.400 --> 00:20:05.720
encompass that into everything that we're doing so that you

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00:20:05.759 --> 00:20:09.279
have one stop job in one place to go and

319
00:20:10.200 --> 00:20:14.599
will help you through your payroll. But if you're not

320
00:20:14.759 --> 00:20:18.799
using us, get a payroll service. It's cheaper to have

321
00:20:18.839 --> 00:20:22.680
a payroll service engaged than to ask us to come

322
00:20:22.720 --> 00:20:26.640
back and solve your payroll tax problem. After the fact,

323
00:20:26.960 --> 00:20:31.440
payroll tax problems become very costly to you and your business.

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00:20:31.799 --> 00:20:37.440
The penalties that are associated with messing up payroll taxes

325
00:20:37.799 --> 00:20:41.640
is astronomical and create not just a problem for the business,

326
00:20:41.839 --> 00:20:45.400
but a problem for you as an individual. You know,

327
00:20:45.440 --> 00:20:47.279
in our next segment we're going to talk a little

328
00:20:47.279 --> 00:20:50.079
bit about those payroll tax problems, but we're going to

329
00:20:50.079 --> 00:20:54.200
continue talking about deadlines this year. You also as a

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00:20:54.240 --> 00:20:57.880
personal side. December thirty first, twenty twenty five, you have

331
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deadlines still coming up. Deadline to make required minimum distributions.

332
00:21:03.079 --> 00:21:06.720
So if you're seventy three or older, you must take

333
00:21:06.799 --> 00:21:10.960
your rmds from the retirement accounts by the end of

334
00:21:11.079 --> 00:21:16.759
the year. Now, hey, you could use qualified charitable contributions

335
00:21:16.759 --> 00:21:19.480
out of your retirement account to avoid some of the

336
00:21:19.519 --> 00:21:23.160
taxes and avoid it to be accounted towards income. Make

337
00:21:23.200 --> 00:21:26.759
that contribution directly to your church out of your retirement

338
00:21:26.839 --> 00:21:29.359
account and now qualify as part of your rm D.

339
00:21:29.880 --> 00:21:31.599
Take a look at that. You got to talk to

340
00:21:31.640 --> 00:21:37.200
your tax bay see what works best for you. Charitable donations,

341
00:21:37.240 --> 00:21:39.000
you got to make those by the end of the year.

342
00:21:39.079 --> 00:21:41.079
You can charge them on a credit card, you can

343
00:21:41.079 --> 00:21:45.119
pay cash, send a check, but make those before the

344
00:21:45.240 --> 00:21:48.960
end of the year. If you've got a retirement account

345
00:21:49.000 --> 00:21:53.799
in your workplace, December thirty first is the last day

346
00:21:53.839 --> 00:21:57.319
to make contributions to an employer sponsored retirement plan like

347
00:21:57.319 --> 00:22:01.519
a four to oh one K. And then lost harvesting,

348
00:22:01.680 --> 00:22:06.000
So if you can sell assets to get capital gains,

349
00:22:06.359 --> 00:22:10.319
you can sell assets and realize capital losses to offset

350
00:22:10.319 --> 00:22:14.240
your tax liability for five as well. So keep those

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things mine. Hey, we're going to take a short break.

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We have one last deadline that we're going to discuss

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00:22:19.920 --> 00:22:23.519
right after this break and talk about payroll taxes and

354
00:22:23.559 --> 00:22:26.599
the penalties that you can incur. What happens and you

355
00:22:26.680 --> 00:22:28.759
mess up right back after this.

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We have only scratched the surface of today's show. Please

357
00:22:34.599 --> 00:22:37.799
stand by as Barry G. Fowler will be right back

358
00:22:37.920 --> 00:22:43.839
with tax talk for you. As an owner operator, you

359
00:22:44.039 --> 00:22:47.559
already spend too much time away from your family. Trucker

360
00:22:47.640 --> 00:22:51.000
Tax Tools handles all your bookkeeping and taxes. No matter

361
00:22:51.039 --> 00:22:53.720
what level trucker you are. Life on the road can

362
00:22:53.759 --> 00:22:56.960
be taxing, but that doesn't mean that your.

363
00:22:56.720 --> 00:22:59.319
Wallet or time with your family should suffer.

364
00:23:00.000 --> 00:23:03.799
Trucker Tax Tools makes your life run smoothly. Go to

365
00:23:03.839 --> 00:23:06.640
Trucker tax Tools dot com for a free guide that

366
00:23:06.759 --> 00:23:10.359
will give you the tools to never worry about your

367
00:23:10.400 --> 00:23:15.000
taxes again. Call Trucker Tax Tools eight seven seven nine

368
00:23:15.079 --> 00:23:19.200
sixty six two four seven seven or go to Trucker

369
00:23:19.240 --> 00:23:22.759
tax Tools dot com now and let the experts keep

370
00:23:22.799 --> 00:23:28.680
you trucking. Let's get back to tax stock for you

371
00:23:28.759 --> 00:23:33.720
with more tax stock once again, here's your host, Barry G.

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Fallow.

373
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I have to laugh. I had a great question come in.

374
00:23:38.960 --> 00:23:41.079
You know, in the first part of this show, we

375
00:23:41.160 --> 00:23:44.200
talked about our new tax deduction. No, my wife and

376
00:23:44.240 --> 00:23:46.440
I did not have a baby, We had a calf,

377
00:23:47.880 --> 00:23:50.720
and so somebody was asking, how is this a tax deduction? Well,

378
00:23:51.319 --> 00:23:56.519
when you're enraging and farming new animals on the property. No,

379
00:23:57.039 --> 00:23:59.720
you don't get a SOST security number forum. No you

380
00:23:59.759 --> 00:24:02.119
don't get to take the child tax credit for them.

381
00:24:02.519 --> 00:24:06.079
We all wish that could happen. I've had people go, hey,

382
00:24:06.240 --> 00:24:10.000
my dog cow, things like that. If you can get

383
00:24:10.000 --> 00:24:12.440
a solid security number, then I'm sure I can find

384
00:24:12.440 --> 00:24:16.039
a way to deduct it. Yeah, our our calf is

385
00:24:16.079 --> 00:24:17.680
going to get an ear tag. It's going to get

386
00:24:17.680 --> 00:24:21.440
a number, but it isn't a solid security number, you know,

387
00:24:21.559 --> 00:24:25.000
but it is going to contribute to my feed bill

388
00:24:25.200 --> 00:24:30.119
as I do feed supplemental feed to my cows. So

389
00:24:30.920 --> 00:24:34.680
you know, it's it's something that becomes a deductible expense

390
00:24:34.799 --> 00:24:38.119
for our ranch because we do sell cows or we

391
00:24:38.200 --> 00:24:42.559
do sell meat, we do sell eggs, and we do

392
00:24:42.759 --> 00:24:46.480
raise our own chickens and our own pigs. So you know,

393
00:24:46.559 --> 00:24:51.119
as we're going through in selling animals, the feed cost

394
00:24:52.000 --> 00:24:57.000
is deductible, supply cost is deductible. Vaccines and everything else

395
00:24:57.039 --> 00:25:00.000
that we may use on the property for our animal.

396
00:25:00.599 --> 00:25:04.960
You know, those things are all deductible. So yes, we

397
00:25:05.039 --> 00:25:08.559
consider that a new tax deduction. Actually it should be

398
00:25:08.759 --> 00:25:12.440
considered to be an added expense which is a deduction

399
00:25:13.880 --> 00:25:17.119
for us, but it's you know, part of farmer and

400
00:25:17.279 --> 00:25:20.920
ranching life that we get to joyce. So we had

401
00:25:20.920 --> 00:25:25.079
that wonderful surprises this weekend. I'm looking forward to having

402
00:25:25.119 --> 00:25:27.680
a couple of more calves here over the next couple

403
00:25:27.720 --> 00:25:31.920
of months. So we know it's not calving season. We're

404
00:25:31.960 --> 00:25:35.559
kind of off from everybody, but it's a great time,

405
00:25:35.799 --> 00:25:39.880
you know for us in our business and stuff. What

406
00:25:40.039 --> 00:25:42.519
we're tax deadline we need to talk about, and that's

407
00:25:42.519 --> 00:25:47.680
the January fifteenth estimated tax deadline. So your fourth and

408
00:25:47.920 --> 00:25:52.680
final estimated tax payment for twenty twenty five is going

409
00:25:52.759 --> 00:25:57.200
to be due January fifteenth, twenty twenty six, and that

410
00:25:57.720 --> 00:26:03.279
payment covers income earned from September one through December thirty first,

411
00:26:03.440 --> 00:26:07.319
twenty twenty five. Now remember these are usually based on

412
00:26:07.359 --> 00:26:11.079
your twenty twenty four tax return. You may owe more

413
00:26:11.119 --> 00:26:15.000
money than this, you may owe less. You may decide, hey,

414
00:26:15.000 --> 00:26:17.640
I want to be more complicated and I want to

415
00:26:17.680 --> 00:26:22.000
base each of my quarterly estimates off of actual income,

416
00:26:22.119 --> 00:26:25.960
which is good. Maybe you have a business that, hey,

417
00:26:26.039 --> 00:26:30.559
cycles up in the last quarter, so maybe you sell

418
00:26:30.920 --> 00:26:34.920
items that your income comes in because of gift giving

419
00:26:35.000 --> 00:26:39.599
and everything around Christmas time, and so you know, you

420
00:26:39.680 --> 00:26:42.839
may change the way your estimates are because your first

421
00:26:43.000 --> 00:26:46.359
quarter or second quarter estimates may need to be really

422
00:26:46.480 --> 00:26:50.440
low because you're going based on actual earn net income,

423
00:26:51.039 --> 00:26:54.960
and then maybe starting the third and then the fourth quarter,

424
00:26:55.759 --> 00:26:58.880
those two estimates would go way up. Or maybe you

425
00:26:58.960 --> 00:27:01.839
are very cyclical in business and that your business does

426
00:27:01.880 --> 00:27:06.279
a lot in January through March or even April, and

427
00:27:06.359 --> 00:27:08.960
your first two estimated tax payments would be higher and

428
00:27:09.000 --> 00:27:12.640
then the final two would be lower. That's a way

429
00:27:12.680 --> 00:27:16.319
of doing it as well. However, if your business is

430
00:27:16.359 --> 00:27:19.720
that way, I would actually tell you that you make

431
00:27:20.240 --> 00:27:23.400
an even estimated tax payment throughout the year so that

432
00:27:24.839 --> 00:27:27.680
you're not taking funds and giving them earlier than you

433
00:27:27.759 --> 00:27:29.839
have to, and you can earn the interest in or

434
00:27:30.000 --> 00:27:32.960
investment income off of those funds as you pay it

435
00:27:33.000 --> 00:27:36.960
over a period of time. But if your income goes

436
00:27:37.039 --> 00:27:39.599
way up towards the end, then you want to keep

437
00:27:39.599 --> 00:27:42.720
your payments low and do it unactual and pay them

438
00:27:42.839 --> 00:27:46.240
that final order out there. So that's one way of

439
00:27:46.319 --> 00:27:48.799
looking at doing that. But you've got to have good

440
00:27:48.799 --> 00:27:52.039
bookkeeping for your business. You've got to be able to

441
00:27:52.480 --> 00:27:55.759
track what you have going through and then you've got

442
00:27:55.799 --> 00:27:59.359
to be able to make sure that you're doing this right.

443
00:28:00.079 --> 00:28:02.200
Some of the ways we work with people that do

444
00:28:02.799 --> 00:28:07.559
estimated taxes, if they're running an escort, the owner of

445
00:28:07.640 --> 00:28:10.480
that business has got to be on payroll or reasonable salary,

446
00:28:10.839 --> 00:28:12.960
but it didn't say when that reasonable salary has to

447
00:28:13.000 --> 00:28:15.759
be paid. So that reasonable salary could be a bonus

448
00:28:15.799 --> 00:28:19.240
towards the end of the year based on net income

449
00:28:19.480 --> 00:28:22.440
for the business or something. You can use some kind

450
00:28:22.480 --> 00:28:25.039
of model out there to determine what that is. But

451
00:28:25.240 --> 00:28:28.559
you could make all that payment go to federal withholding

452
00:28:28.759 --> 00:28:32.000
which covers all the estimates that might be required, and

453
00:28:32.319 --> 00:28:34.680
it comes as if you've done it evenly all throughout

454
00:28:34.720 --> 00:28:36.839
the year, so you didn't have to pay a dime

455
00:28:36.920 --> 00:28:39.920
to the irs, but you make that hump sum payment

456
00:28:40.200 --> 00:28:44.319
in December so that you're making the money and keeping

457
00:28:44.319 --> 00:28:47.000
that money invested in working for you, but make that

458
00:28:47.039 --> 00:28:51.200
payment later on. So some of the things to consider

459
00:28:51.279 --> 00:28:54.279
in some of the ways to look at doing estimated

460
00:28:54.319 --> 00:28:57.519
tax payments to make your life a little bit easier

461
00:28:58.079 --> 00:29:03.799
and a less up front to the government. Now, this

462
00:29:03.839 --> 00:29:07.200
brings one of the topics that we have seen come

463
00:29:07.279 --> 00:29:09.799
up more and more. Over the last few weeks, we've

464
00:29:09.839 --> 00:29:14.319
had a number of companies calling us because they they

465
00:29:14.359 --> 00:29:16.960
blew it. To be honest with you, they blew it.

466
00:29:16.960 --> 00:29:23.359
They missed payroll tax deadlines, they missed pay payroll tax deposits.

467
00:29:25.319 --> 00:29:29.720
They just downright missed it, and it becomes costly. I

468
00:29:29.720 --> 00:29:34.440
mean the stiff penalties that the i R S what's

469
00:29:34.519 --> 00:29:38.519
on you, uh, the accrued interest they add to it,

470
00:29:38.880 --> 00:29:43.839
the leans now that they place on your assets, and

471
00:29:43.880 --> 00:29:50.640
then potential personal liability for that business payroll tax debt.

472
00:29:51.000 --> 00:29:53.200
Now what are the what are the financial penalties? I

473
00:29:53.200 --> 00:29:55.519
mean and people think, oh, it's not really that bad.

474
00:29:55.759 --> 00:29:59.599
It is. So the failure deposit penalty. The i R

475
00:29:59.720 --> 00:30:04.359
S going to impose a tiered penalties for late or

476
00:30:04.480 --> 00:30:08.160
insufficient payroll tax deposits. For the first one to five

477
00:30:08.319 --> 00:30:11.680
days that you're late, you get here with two percent

478
00:30:11.799 --> 00:30:17.319
of the unpaid deposit. Six to fifteen days late becomes

479
00:30:17.759 --> 00:30:22.960
five percent of the unpaid deposit. More than fifteen days.

480
00:30:23.960 --> 00:30:27.880
You know, there are money hungry out there and people

481
00:30:27.920 --> 00:30:30.680
can't afford this. As it is, you're more than fifteen

482
00:30:30.759 --> 00:30:34.960
days late, they hit you ten percent of the unpaid deposits.

483
00:30:34.960 --> 00:30:38.599
So Let's just say you had ten thousand dollars due

484
00:30:38.599 --> 00:30:39.720
and all of a sudden they're going to hit you

485
00:30:39.799 --> 00:30:43.519
with ten percent. That add to another thousand on top

486
00:30:43.559 --> 00:30:47.680
of the five percent, on top of the two percent crazy,

487
00:30:48.119 --> 00:30:52.480
and then more than ten days after the IRS notice,

488
00:30:52.759 --> 00:30:58.079
it's fifteen percent of the unpaid tax deposit man. This

489
00:30:58.240 --> 00:31:01.200
is why having a good payroll service and making sure

490
00:31:01.240 --> 00:31:05.160
your payroll taxes are paid is so so important, even

491
00:31:05.200 --> 00:31:08.119
if you've got to get a loan and pay exorbitant

492
00:31:08.480 --> 00:31:10.839
interest rate. Let's say you can get a line of

493
00:31:10.880 --> 00:31:13.839
credit for ten or twelve percent. That is sure cheaper,

494
00:31:14.200 --> 00:31:16.640
and the penalty is the IRS is hitting you with

495
00:31:17.119 --> 00:31:20.519
right there, because that doesn't even include the interest they're

496
00:31:20.519 --> 00:31:24.279
going to apply. Now you fail to file as well,

497
00:31:24.799 --> 00:31:27.759
you get a separate penalty of five percent of the

498
00:31:27.880 --> 00:31:32.880
unpaid tax. Each month or part of month a return

499
00:31:33.119 --> 00:31:37.400
is late, up to a maximum twenty five percent. You're

500
00:31:37.400 --> 00:31:40.640
five months late, you get hit the old twenty five percent.

501
00:31:41.079 --> 00:31:45.160
Now add to that interest. So it isn't bad enough.

502
00:31:45.599 --> 00:31:48.920
You're more than ten days late, more than fifteen day.

503
00:31:49.160 --> 00:31:51.440
You're more than fifteen days late, they've sent out a notice.

504
00:31:51.480 --> 00:31:54.240
You're another fifteen percent on top of that because you

505
00:31:54.240 --> 00:31:56.599
didn't pay after the notice, then you guy also got

506
00:31:56.680 --> 00:31:59.400
hit with the twenty five percent, and now the IRS

507
00:31:59.440 --> 00:32:06.000
comes back hits you well, interest compounding daily on any

508
00:32:06.319 --> 00:32:12.279
unpaid taxes and penalties from the original due date until

509
00:32:12.319 --> 00:32:15.759
the debt is paid in full. Now original due date

510
00:32:15.880 --> 00:32:19.680
of the deposit not from when the form was required

511
00:32:19.960 --> 00:32:23.839
to be filed. So if say you missed March is

512
00:32:23.920 --> 00:32:28.079
filing deadline, but you didn't pay the tax for January

513
00:32:28.279 --> 00:32:31.920
in February, so the interest starts from February on that

514
00:32:31.960 --> 00:32:34.880
deposit that should have been made. Then the interest starts

515
00:32:34.880 --> 00:32:38.160
in February. Then the interest starts in March, and it

516
00:32:38.319 --> 00:32:42.880
just continues to roll on. Now the interest rate is

517
00:32:42.880 --> 00:32:46.039
adjusted quarterly and is typically based on the federal short

518
00:32:46.119 --> 00:32:50.960
term rate plus only three percent. Only three percent on

519
00:32:51.000 --> 00:32:55.160
top of the short term rate. Then you haven't filed

520
00:32:55.640 --> 00:32:59.240
the state returns. Each state is going to impose their

521
00:32:59.319 --> 00:33:04.000
own set of penalties for late filings late deposits, and

522
00:33:04.119 --> 00:33:10.200
these can vary widely from state to state. Plus interest

523
00:33:10.519 --> 00:33:13.160
they're getting you coming and going? Now, do you think

524
00:33:13.200 --> 00:33:16.680
that's bad enough? Gets worse? Oh mister, how can it

525
00:33:16.759 --> 00:33:20.200
get worse? It does. It's the I R S. There's

526
00:33:20.240 --> 00:33:24.640
a personal liability side of this for business owners, for

527
00:33:24.799 --> 00:33:27.400
signers on the checking account, those that had authority to

528
00:33:27.400 --> 00:33:30.400
make a decision for the business, and it's called the

529
00:33:30.400 --> 00:33:36.240
Trust Fund Covery Penalty t frp. Irs can hold a

530
00:33:36.319 --> 00:33:41.640
reasonable responsible person and that can be anyone in the

531
00:33:41.680 --> 00:33:45.359
business who has authority to make payment decisions and hold

532
00:33:45.480 --> 00:33:51.200
them personally liable for the employee portion of the withheld

533
00:33:51.720 --> 00:33:57.039
fayeral taxes considered to be the trust fund taxes. That

534
00:33:57.200 --> 00:34:01.000
is the portion that you withhold items of your employees

535
00:34:01.160 --> 00:34:06.319
check for federal withholding Social Security and Medicare and if

536
00:34:06.880 --> 00:34:10.559
anything else they're payable to the IRS and you don't

537
00:34:10.599 --> 00:34:14.199
pay it in you can be hit with this trust

538
00:34:14.320 --> 00:34:18.559
fund penalty and it's equal to one hundred percent of

539
00:34:18.599 --> 00:34:22.880
the unpaid trust fund portion of the taxes, and you

540
00:34:22.920 --> 00:34:28.960
are held personally liable. Now this is owners, officers, or

541
00:34:29.039 --> 00:34:34.000
other responsible parties. So you are a signer manager on

542
00:34:34.760 --> 00:34:38.800
the checking account, you may have authority to make decisions

543
00:34:38.840 --> 00:34:41.599
of who gets paid and who doesn't. Even if you

544
00:34:41.760 --> 00:34:46.079
did not make that decision to not pay the payroll taxes,

545
00:34:46.480 --> 00:34:51.960
you can be held personally responsible and at risk if

546
00:34:52.000 --> 00:34:56.840
you're found liable for those unpaid trust fund taxes, and

547
00:34:57.559 --> 00:35:04.119
this personal liability is often non dischargeable in bankruptcy. Now,

548
00:35:04.480 --> 00:35:06.800
we had a guy that came to us years ago

549
00:35:06.960 --> 00:35:12.360
that got held lovel He actually trusted the people he

550
00:35:12.400 --> 00:35:15.679
was working for that was going to represent have representation

551
00:35:15.840 --> 00:35:18.599
for him, and basically they threw him under the bus

552
00:35:18.599 --> 00:35:21.760
and said he was the one that had to make

553
00:35:21.840 --> 00:35:26.079
the decisions on whether or not payroll taxes were supposed

554
00:35:26.079 --> 00:35:28.079
to be paid. He got hit with the drust fund

555
00:35:28.079 --> 00:35:32.639
penalties close to a million dollars trying to hold him lively. Hey,

556
00:35:33.079 --> 00:35:36.679
what happens when that happens. How do you recover from that?

557
00:35:37.079 --> 00:35:41.360
And how can that make a huge difference in what

558
00:35:42.000 --> 00:35:46.280
you're doing in working for somebody in that business, and

559
00:35:46.320 --> 00:35:48.840
how can they hold you responsible. Now we're going to

560
00:35:48.840 --> 00:35:51.119
talk about the results of what happened for this guy

561
00:35:51.480 --> 00:35:55.679
here Shortly after this quick break, we have.

562
00:35:55.719 --> 00:35:59.880
Only scratched the surface of play's show. Please stand by us.

563
00:36:00.079 --> 00:36:03.400
Parry G. Fowler will be right back with tax stock

564
00:36:03.480 --> 00:36:03.880
for you.

565
00:36:06.559 --> 00:36:09.920
As an owner operator, you already spend too much time

566
00:36:09.960 --> 00:36:10.960
away from your family.

567
00:36:11.519 --> 00:36:13.239
Stop spending time doing.

568
00:36:13.039 --> 00:36:17.039
Paperwork, Go to Trucker tax tools dot Com a solution

569
00:36:17.239 --> 00:36:21.559
built specifically for truckers. Trucker tax tools dot Com makes

570
00:36:21.599 --> 00:36:27.800
your life run smoothly. Let's get back to tax stock

571
00:36:27.920 --> 00:36:30.920
for you with more tax stock once again.

572
00:36:31.400 --> 00:36:33.920
Here's your host, Barry G. Fowler.

573
00:36:36.239 --> 00:36:39.679
You know, sometimes you're having fun and talking and trying

574
00:36:39.679 --> 00:36:44.239
to get points across and help people realize the damage

575
00:36:44.280 --> 00:36:47.800
they create by missing certain deadlines like payroll tax deadlines

576
00:36:47.880 --> 00:36:51.159
or payroll tax deposits. You can throw your producers off. Hey,

577
00:36:51.199 --> 00:36:54.519
what can we say, life is short. Let's have some fun,

578
00:36:56.119 --> 00:37:00.719
you know in dealing with somebody that has missed payroll

579
00:37:00.760 --> 00:37:04.360
tax deadlines and companies and helping them recover and save.

580
00:37:05.400 --> 00:37:09.639
You know, it really damages business. It really hurts for

581
00:37:09.920 --> 00:37:12.199
the people working in the business that may have been

582
00:37:12.320 --> 00:37:17.840
charged with having personal responsibility for something that happened in

583
00:37:18.360 --> 00:37:22.000
their business. And one of the gentlemen that we were

584
00:37:22.000 --> 00:37:24.880
dealing with happened to be a manager. One was an

585
00:37:25.239 --> 00:37:27.679
actually this is two different people. Really. One was a

586
00:37:27.719 --> 00:37:31.079
manager of a bar who signed on a petty cash

587
00:37:31.079 --> 00:37:34.719
account and then got held liable for over one hundred

588
00:37:34.760 --> 00:37:37.639
and fifty thousand dollars of payroll taxes. But All he

589
00:37:37.719 --> 00:37:41.079
did was manage the bar, turned in time sheets, and

590
00:37:41.440 --> 00:37:44.920
never had any financial responsibility for the company except for

591
00:37:45.519 --> 00:37:49.840
paying out of the mixed beverage account for the liquor

592
00:37:49.840 --> 00:37:53.920
that was delivered or and he didn't order the liquor.

593
00:37:54.400 --> 00:37:56.960
All he was authorized to do was write the checks

594
00:37:57.039 --> 00:38:00.960
to pay for the liquor that came in, and the

595
00:38:01.000 --> 00:38:03.599
IRS held him responsible. We were able to prove that

596
00:38:03.639 --> 00:38:05.599
he had no knowledge of any other part of the

597
00:38:05.639 --> 00:38:10.559
operations of the business and could not be held liable

598
00:38:10.639 --> 00:38:14.320
because he only signed on this account and there was

599
00:38:14.320 --> 00:38:19.320
never ever payroll that went through that account, so he

600
00:38:19.440 --> 00:38:22.119
only used that account and had no knowledge of what

601
00:38:22.280 --> 00:38:25.599
funds were actually in the account either, because he never

602
00:38:25.639 --> 00:38:29.000
saw financial reports for that part of the business. We

603
00:38:28.960 --> 00:38:31.480
were able to get him off the second gentleman. He

604
00:38:31.599 --> 00:38:35.000
was close to a million dollars and we had to

605
00:38:35.079 --> 00:38:38.119
really work at this because the IRS was turning us

606
00:38:38.159 --> 00:38:41.719
down every step of the way for every appeal we had.

607
00:38:42.159 --> 00:38:46.480
He had come to us about four years after he

608
00:38:46.519 --> 00:38:49.360
was charged with trust fund penalties because they were coming

609
00:38:49.400 --> 00:38:52.800
after him, but he did not have knowledge of that.

610
00:38:52.920 --> 00:38:57.440
He was even assessed the trust fund penalties because the

611
00:38:57.679 --> 00:39:02.079
company he was working for changed everything to their address,

612
00:39:02.679 --> 00:39:06.360
and then the company went under and the company offered

613
00:39:06.440 --> 00:39:11.639
him representation, and the representation they gave was he was

614
00:39:11.679 --> 00:39:16.039
the person that was responsible making decisions for the payroll taxes.

615
00:39:16.079 --> 00:39:18.239
So he got hit along with the owners. Now that

616
00:39:18.559 --> 00:39:22.920
both owners passed away in the meantime and when the

617
00:39:22.960 --> 00:39:25.920
IRS was coming back, the IRS was very insistent he

618
00:39:26.039 --> 00:39:28.159
was the only one that could do it well. He

619
00:39:28.239 --> 00:39:32.880
had no assets available to pay the IRS anything, So

620
00:39:33.440 --> 00:39:36.360
we had to choose other routes to go around the

621
00:39:36.400 --> 00:39:40.280
IRS to get these payroll taxes lifted off of him

622
00:39:40.760 --> 00:39:44.440
so that he could finish live in his life. And

623
00:39:45.079 --> 00:39:47.960
he was going to retire, so he did not have

624
00:39:48.000 --> 00:39:51.960
the income or the wherewithal to pay this million dollars

625
00:39:52.159 --> 00:39:56.000
in trust fund penalties. So you know, keep those things

626
00:39:56.000 --> 00:39:58.840
in mind now other things that can come of not

627
00:39:59.039 --> 00:40:02.800
paying your payroll tax. Of course, Leans and levees. IRS

628
00:40:02.880 --> 00:40:05.840
is going to put leans on the business. If the

629
00:40:05.840 --> 00:40:07.960
trust fund penalty has been levied against you, they're going

630
00:40:08.000 --> 00:40:11.320
to lean against your personal assets. They're going to levy

631
00:40:11.800 --> 00:40:13.679
if you're not on a payment plan with them or

632
00:40:13.679 --> 00:40:16.199
haven't worked something out. The IRS will come after the

633
00:40:16.199 --> 00:40:20.119
bank accounts and property of business and if you have

634
00:40:20.159 --> 00:40:24.760
the trust fund penalties of your personal assets as well.

635
00:40:25.119 --> 00:40:28.760
And if you don't believe me, go to the IRS website.

636
00:40:28.800 --> 00:40:31.320
You can go actually go to US Department of Treasury

637
00:40:31.760 --> 00:40:34.840
and go auctions and see the items and things that

638
00:40:34.880 --> 00:40:40.679
are auctioned off on their website, including property, businesses, business licenses.

639
00:40:41.719 --> 00:40:46.599
They're all there as well. In extreme cases of willful

640
00:40:46.760 --> 00:40:51.400
and intentional tax evasion, business owners can face criminal prosecution,

641
00:40:52.000 --> 00:40:55.719
which then can result in enlarge fines and imprisonment. So

642
00:40:56.199 --> 00:41:00.159
you're scared. Be scared, especially if you're doing this you

643
00:41:00.199 --> 00:41:06.039
know intentionally you could increase your auditress. Consistently missing payroll

644
00:41:06.119 --> 00:41:09.360
tax deadlines can draw unwanted attention from the I r

645
00:41:09.480 --> 00:41:12.840
S and then increase your likelihood of being audited. And

646
00:41:12.880 --> 00:41:16.519
then it has damage to your reputation and operational damage.

647
00:41:16.559 --> 00:41:20.000
It affects your cash flow, It affects your credit rating,

648
00:41:20.920 --> 00:41:24.639
It can harm your reputation with your employees, vendors, and clients,

649
00:41:24.679 --> 00:41:28.079
because hey, if the I r S is coming after money,

650
00:41:28.519 --> 00:41:31.039
IRS is may be levying where your money's coming from

651
00:41:31.079 --> 00:41:33.920
as well, So it may affect your clients when they

652
00:41:34.000 --> 00:41:36.639
get that notice. So you want to make sure that

653
00:41:37.000 --> 00:41:42.440
you're filing and paying your payroll taxes. If you've missed them,

654
00:41:42.480 --> 00:41:45.400
get them in, file them as soon as possible. If

655
00:41:45.440 --> 00:41:47.559
you're in trouble with the I R S and you

656
00:41:47.679 --> 00:41:50.920
want to be not held personally liable because they can

657
00:41:50.960 --> 00:41:53.280
go back through up to three years and hit you

658
00:41:53.280 --> 00:41:56.360
with trust fund penalties, go back and pay the trust

659
00:41:56.360 --> 00:41:59.119
fund portion of the tax. Get that paid so you

660
00:41:59.159 --> 00:42:04.000
can limit the current of the civil liability side you personally.

661
00:42:04.159 --> 00:42:07.000
And if you're first time a vender, you can probably

662
00:42:07.039 --> 00:42:11.800
get some penalty abatement for reasonable cause for the delay, fire,

663
00:42:12.000 --> 00:42:16.239
natural disaster, serious illness. You're going to have to have proof,

664
00:42:16.440 --> 00:42:20.039
but you can do that. And above I'll seek professional

665
00:42:20.239 --> 00:42:25.360
tax help, navigate the process, correct errors, communicate with the IRS,

666
00:42:25.800 --> 00:42:28.840
and minimize the consequence. And that's what we do here

667
00:42:29.000 --> 00:42:34.320
at Taxation Solutions Act Relief. If you've got IRS problems,

668
00:42:34.400 --> 00:42:37.880
whether it's personal or whether it's business, call us eight

669
00:42:37.920 --> 00:42:41.239
eight eight nine three zero one zero one six again

670
00:42:41.360 --> 00:42:44.719
eight eight eight nine three zero one zero one six

671
00:42:45.639 --> 00:42:48.599
get our expertise. Let us help you through your tax

672
00:42:48.679 --> 00:42:53.519
problem with the IRS and stop them from coming after you.

673
00:42:53.599 --> 00:42:56.440
Hopefully we can stop them from trust fund penalties and

674
00:42:56.920 --> 00:43:01.639
keep you there on your side because you do need representation. Now.

675
00:43:01.679 --> 00:43:03.440
The fun things in life we get to do is

676
00:43:03.480 --> 00:43:07.000
working with truckers. We worked truckers at tech Trucker Tax Tools.

677
00:43:07.079 --> 00:43:10.079
Go to Trucker tax Tools dot net. Hey, last week

678
00:43:10.119 --> 00:43:12.840
we had a special offer. This is the last week

679
00:43:12.880 --> 00:43:16.760
we're going to do this. If you're looking for free bookkeeping,

680
00:43:17.159 --> 00:43:19.719
call us at eight seven seven nine nine six two

681
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four seven seven again eight seven seven nine nine six

682
00:43:23.079 --> 00:43:26.760
two four seven seven, or go to Trucker tax Tools

683
00:43:27.119 --> 00:43:31.800
dot com. Put in your information. Let us help you

684
00:43:31.960 --> 00:43:36.559
give you free bookkeeping from January through August with our

685
00:43:36.599 --> 00:43:39.840
bookkeeping contract. It's a great way to get eight months

686
00:43:39.840 --> 00:43:43.440
of free bookkeeping right now. Don't delay and give us

687
00:43:43.480 --> 00:43:45.159
a call, or go to our website and hit our

688
00:43:45.199 --> 00:43:46.119
contact page.

689
00:43:46.400 --> 00:43:46.760
Get in.

690
00:43:46.840 --> 00:43:49.599
We'll call you back and we'll get you started. Don't

691
00:43:49.639 --> 00:43:54.599
miss the opportunity to get free bookkeeping for twenty twenty

692
00:43:54.599 --> 00:43:57.440
five now. If you've got problems we're relating to twenty

693
00:43:57.440 --> 00:44:00.400
four or before, we can help you with that as well.

694
00:44:00.519 --> 00:44:03.159
We've got special rates to help you. Just give us

695
00:44:03.199 --> 00:44:07.119
a call. Hey, most important thing out of today if

696
00:44:07.159 --> 00:44:10.760
you've enjoyed this show, go to tax Talk number four

697
00:44:11.159 --> 00:44:14.800
you dot com. That was a letter you, tax Talk

698
00:44:15.239 --> 00:44:19.519
number four letter you dot com and follow us. Follow

699
00:44:19.599 --> 00:44:23.639
us on Facebook like, share with your friends, with your family,

700
00:44:24.079 --> 00:44:28.320
and then be here every Monday at ten am Eastern Time.

701
00:44:28.719 --> 00:44:31.599
I W four CY Radio. We want you here, We

702
00:44:31.639 --> 00:44:35.559
want your questions. We want to help you navigate the

703
00:44:35.639 --> 00:44:40.400
complicated road of taxes, complicated road of bookkeeping. You do

704
00:44:40.440 --> 00:44:44.280
the truck driving, you follow your GPS, we do the bookkeeping.

705
00:44:44.599 --> 00:44:48.719
It helps you navigate the road to financial success. To

706
00:44:48.800 --> 00:44:51.920
do that today, jump in at tax Talk before you

707
00:44:52.400 --> 00:44:56.599
dot com be here. Have a god bless glorious week.

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Enjoy life, life is short, make it fun. We'll see

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you next week right here. W four CUI Radio. Tax

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Talk for you dot Com, Thank you chech.

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Are you an individual or business that wants to understand

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taxes and how they affect you. Are you looking for

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specific tax advice for self employed business owners and truckers.

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Are you behind on taxes and your bookkeeping? Are you

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you need Tax Talk for You, hosted by tax and

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trucker expert Barry G.

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Fouer EA.

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Tune in ten am Eastern Time every Monday right here

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on W FOURCY Radio and Talk for TV. Don't forget

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to check this and past episodes at tax talkforyu dot com.

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See you next week at W fourcy dot com