March 10, 2025

IRS and Tax Updates

IRS and Tax Updates

IRS tax updates for 2025 and 2024. Bigest IRS scams how to stop them and avoif them. Trucking Taxes and Bookkeeping

Tax Talk 4 U is broadcast live Mondays at 10AM ET and Music on W4CY Radio...

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Season 2

IRS tax updates for 2025 and 2024. Bigest IRS scams how to stop them and avoif them. Trucking Taxes and Bookkeeping

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).

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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 explicitor implies shall be extended to W FOURCY Radio

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or its employees are affiliates. Any questions or comments should

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be directed to those show hosts. Thank you for choosing

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W FOURCY Radio.

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Barry g.

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Ea brings you tax Talk for you right here on

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W four CY Radio and Talk for TV. As an

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enrolled agent and a national leader in tax resolution as

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well as Trucker bookkeeping and tax planning. With over thirty

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years of experience, Barry will break down taxes, bookkeeping, tax planning,

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and tax relief for individuals and businesses just like you.

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So let's have some tax talk for you with your hosts.

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Barry g.

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Foul Learn, Good morning, and welcome to tax Talk for

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you man. We enjoy these Monday mornings with you getting

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to talk about, you know, taxes and bookkeeping and tax

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resolution and solving your I R s problems with taxation

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solutions dot net tax Relief. You know, this morning we're

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gonna be talking about you know, basically I r S updates.

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What's happening in the i R S, what are they

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concerned with, what are they looking at, and how can

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we help you navigate the problems within the I R S.

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And you know, one of the latest updates. And we've

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been seeing this because we've seen people that have come

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to us with these nasty I r S letters about

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the employee retention credits and you know, there's been a

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lot of problems with the ERC employee retention credits that

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are out there. The IRS pause giving money out for

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it because of incorrect claims that are out there. There's

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a lot of companies that are professing to get to

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a business, you know, tens of thousands of dollars back.

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And you know, we've seen it. We've had a couple

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of clients that came to us and said, hey, can

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you process this ERC? And we said, well, you know,

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we can do an analysis first to see whether you qualify,

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and if you qualify, then yes we could do this.

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And basically we ran the compliance check and you know,

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one of them was a daycare center, and we were

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going through and doing analysis. The daycare center actually never

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slowed it down, did not have a reduction in revenues

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during COVID or you know, all the areas you had

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to show to be able to get the ERC And

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they doubted us and went to one of these promoters

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of the business to get the ercs and they got

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any r C. Well, now they've got the nasty grams

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from the irs, those letters that said hey, this was

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incorrect and you owe us this money. And another one

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was a trucking company, and in trucking, trucking seemed to

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be that industry that picked up during this time, and

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many trucking companies were very, very successful own our operators

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out there even in transporting goods and increasing revenues and everything.

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And these guys did not in any way, shape or

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form qualify for the employee retention credit. But yet the

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promoters said they would, and so they went to the

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promoters and now they owe over one hundred thousand dollars

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back from this employer retention credits. So you know, if

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you filed for the employee retention credits, you know, one

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you need to make sure that everything was done correctly

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and that you truly qualified. You know, the I r

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S has got compliance teams out there, and you know

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they're looking through and checking everything to make sure that

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you as a business, you know, qualified and you know

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some of the things that they were looking at. If

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you were in an essential business during the pandemic that

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could fully operate and didn't have a decline in gross receipts,

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you shouldn't have filed for the ERC. You know, promoters

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out there have commits many businesses to claim the RC

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went in many instances, you don't qualify, You weren't eligible,

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your operations were weren't fully or partially shut down or

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suspect ended by qualifying government order. You know, so you

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know you've got to really pay attention and ask the questions.

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You know, sometimes these people are out there promoting these

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things knowing full well they're going to get their fee,

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which is generally in some of these instances, they were

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taking twenty percent of the ERC credits. So where they're

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getting you thirty forty one hundred thousand dollars back, they

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were getting that twenty thousand dollars up front from you,

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and now guess what, they're no longer in business, you

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can't find them. There's nobody out there to hold accountable

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for it. And when you signed everything, you signed it

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testifying that under penalties of perjury, this is correct. So

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you know, it's a real problem out there. You know

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a lot of times you had family members who were

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wage earners and they use them as qualified wages and

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that should not have been Those were filed incorrectly. You know,

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like if your spouse or your child, or a descendant

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of a child, brother, sister, step brother, step sister, father, mother,

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you know, these nephews, these are all family members and

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you know they could not be included in those wages

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were you know, the wages were already used for the

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paycheck protection loan forgiveness, and you know you've gotten that

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as well. Then you know you didn't qualify, so you know,

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really got to sit down and look, hey this work.

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You know, we've also seen where these guys have claimed

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too many quarters and basically they urged the employer to

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claim the ERC for all quarters that the credit was available, thinking, hey,

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whether you qualify or not, they're going to give you

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this money and we don't care. They're not going to

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come back after you. They are you know, some of

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these promoters were out there saying government orders and government

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orders didn't apply to you or didn't qualify, so they

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claimed that the ERC. If any government order was in

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place in their area, even if their operations weren't affected,

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or they choose to suspend their business operations voluntarily, then

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that ERC claim would not be correct because it wasn't

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under government orders and the government order had to be

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due to the COVID nineteen pandemic. So you know, you

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got to really think what is the correct thing for

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you and your business in claiming this ERC credit. You know,

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I couldn't reiterate enough the problems with the ERC credits

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and the problems with businesses claiming them when they didn't qualify.

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And yes, now the IRS is coming back and saying, hey,

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you've claimed too much, you shouldn't have claimed, you don't qualify,

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whatever the case may be. And guess who's left holding

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the bag? You are now. So some of these people

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didn't go back and amend the tax returns that require

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to be amended because you got this ERC credit. And

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now maybe you did go back and pay the taxes

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that were owed for that year to twenty twenty one,

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or twenty twenty when you took this credit and you

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paid those taxes. Now the IRS is coming back and

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saying no, you should don't qualify, and you've got to

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repay the tax that you got the refund from, and

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then you're going to have to go back probably and

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amend that tax return back to the way it was

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because you shouldn't have gotten the credit. Man, you talk

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about triple edged sword. You know, you seem to be

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getting it coming and going in sideways, and where that

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needed to stop was not making the decision to do

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this ERC credit. But if you need help on this,

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we're working with clients right now to help solve their

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tax problem from aiming fraudulently this e r C credit. Now,

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there's ways to beat the i r S and stop

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the i r S such as a withdrawal of the

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Employee Retention Credit claim and doing that could help solve

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the fraudulent claim responsibility that you would be in. So,

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if you need help for the e er C, you know,

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don't let the i r S walk all over you

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with this. You're going to have to do everything you

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can to stop the i r S now, So give

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us a call. It eight eight eight nine three zero

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one zero one six again eight eight eight nine three

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zero one zero one six Taxation Solutions dot net to

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see how we can help you stop the I R

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s or withdraw your employee retention claims. Let's get these

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things done before you have that problem with the IRS.

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You know, one of the big things we heard too

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about these promoters, they continue to talk that there was

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nothing to lose. You know, they urge you to file

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this claim because you have nothing to lose. Businesses that

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incorrectly the ERC risks at their expense. They're the employer's expense,

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not the promoter's expense. The repayment requirements, penalties, interests addit,

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potential expenses of hiring someone to resolve the incorrect claim

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and amend the previous readers returns and now re amend them.

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And if you willfully filed a fraudulent ERC claim or

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you assisted or conspired in such a conduct conduct, withdrawing

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a fraudulent claim will not exempt you from potential criminal

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investigation and prosecution. Hey, we're going to take a short

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break here. When we come back, we're going to talk

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about how to withdraw an employee retention claim ERC claim.

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Right after this we have only scratched the surface of

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today's show. Please stand by as Barry G. Fowler will

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be right back with tax talk for you.

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If you own the.

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

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at it alone. Call Taxation Solutions Tax Relief at eight

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eight eight nine three zero one zero one six. We

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

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

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need a solution and a strong, aggressive tax resolution. Don't

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let the IRS walk all over you. Stop the IRS

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now call eight eight eight nine three zero one zero

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one six or go to Taxationsolutions dot net now for

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a free no obligation consultation. Let's get back to tax

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talk for you with war tax Talk once again.

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Here's your host, Barry G. Ballom.

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Hey, welcome back. You know, talking about the er C

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employee retention claims that small businesses have filed and now

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getting astagrams over and how to stop the i R

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s at least a little bit by withdrawing that employee

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retention claim if it hasn't been paid, or even if

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it has been paid. But first we got a question

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here and We love questions, So if you got questions,

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sent them into the studio and we'll get those questions

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answered for you as well. Rick here was asking if

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both my wife and I are W two employees and

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both of us claim the dependence on the W two, Well,

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what you're doing is actually filling out your W four

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with your employer. Go down that form and answer the

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questions out there. Now, I probably would not put the

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dependence on both W fours. One of the things that

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I would work with is if you've got a tax prepare,

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work with them that have prepared your return to make

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sure that you've got the right with holdings for your

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W two's. Now, the right withholdings is not where you're

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going to get a large refund. Next year when you

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file your taxes, you should be at the break even

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point with the irs. There's no sense in giving the

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irs more money to sit and hold and not pay

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you interest on and you can keep that extra money

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instead of paying the irs. You know, fifteen hundred or

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two thousand dollars extra, You could have that money in

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your account, earning interest and saving that money, and you

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would have more than the two thousand or the refund

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that you would see coming back if you put that

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money away, and that should be your goal is always

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trying to find a way to save money, build your

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nest egg for your future, or saving money. You know,

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if you're going to use that money for something like

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a trip or something, you set that aside in your

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own savings account. Don't touch it, and then you've got

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extra money on the trip because you've been earning interest

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on it every single month. So you know, that's my

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advice is work with your tax repairer. Make sure that

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W four gets filled out correctly for both your your

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wife and your rick, and then if you're at break

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even instead of getting a large refund, you can put

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that extra money away. Withdrawal of ERC claims and that's

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what we were talking about, is how do you go

225
00:14:48.159 --> 00:14:51.840
through and withdraw that claim? So you filed it incorrectly,

226
00:14:53.320 --> 00:14:57.320
You've you were convinced to file this and you want

227
00:14:57.360 --> 00:15:02.080
to withdraw it. First, work with with your your tax consultants.

228
00:15:02.639 --> 00:15:06.120
Talk to them, make sure that if this claim was

229
00:15:06.200 --> 00:15:10.960
filed fraudulently because some promoter talked you into it, get

230
00:15:11.000 --> 00:15:14.399
with your prepare and get them to help you withdraw

231
00:15:14.960 --> 00:15:18.159
the employee Retention credit and they should be able to

232
00:15:18.200 --> 00:15:21.720
check out whether you did qualify or not. And you know,

233
00:15:21.879 --> 00:15:25.240
if they determined that you didn't qualify, or you determine

234
00:15:25.279 --> 00:15:28.519
based on the certain rules that you don't qualify, then

235
00:15:29.000 --> 00:15:32.919
you can go through the withdrawal process. And this is

236
00:15:33.000 --> 00:15:36.320
if it hasn't been paid yet, so or if you

237
00:15:36.440 --> 00:15:39.159
received a check but you didn't cash it or deposit it,

238
00:15:39.639 --> 00:15:42.919
you can then withdraw your claim. You're going to ask

239
00:15:42.960 --> 00:15:47.840
the IRS not to process your entire adjusted Employeed Deployment

240
00:15:47.960 --> 00:15:51.759
Tax return, which is the nine forty one x ninety

241
00:15:51.840 --> 00:15:56.240
three X or nine forty four X for the period

242
00:15:57.000 --> 00:16:01.000
that you claim. The ERC claim that are withdrawn will

243
00:16:01.039 --> 00:16:03.879
be treated as if they were never filed, and the

244
00:16:03.960 --> 00:16:08.440
IRS says it won't impose penalties or interest on this.

245
00:16:08.600 --> 00:16:11.720
So if you didn't cash the check, you didn't make

246
00:16:11.759 --> 00:16:15.559
the deposit, or they had IRS is still sitting on

247
00:16:15.600 --> 00:16:18.919
it hasn't processed it yet, it's a good time to

248
00:16:18.960 --> 00:16:23.279
withdraw it. So if you made any other changes on

249
00:16:23.399 --> 00:16:28.440
the adjusted employment Tax return, you only need to reduce

250
00:16:28.559 --> 00:16:33.519
your ERC claim, not or not withdraw it entirely. You

251
00:16:33.559 --> 00:16:36.840
can't use this withdraw process instead, you just need to

252
00:16:37.000 --> 00:16:43.080
amend that ninety one X or nine forty three and

253
00:16:43.120 --> 00:16:48.159
you can correct that there. So if they included family

254
00:16:48.200 --> 00:16:52.000
members on your ERC claim or your pay on the

255
00:16:52.320 --> 00:16:55.159
ERC claim, you can amend your return and just put

256
00:16:55.200 --> 00:17:00.399
it for the other employees that you had. Or maybe

257
00:17:00.399 --> 00:17:06.839
you got partial payment Paycheck Protection Program PPC, you can

258
00:17:06.920 --> 00:17:10.480
with not withdraw, but you could amend for that as well.

259
00:17:10.519 --> 00:17:13.880
But if you hadn't gotten paid, you know, withdrawal is

260
00:17:14.440 --> 00:17:17.839
for you, or if you're sitting on the check and

261
00:17:17.880 --> 00:17:20.519
you didn't cash it or deposit it because you started

262
00:17:20.519 --> 00:17:22.680
getting nervous about some of this stuff and whether you

263
00:17:22.759 --> 00:17:26.839
qualify or not, so you know if you're going to

264
00:17:26.920 --> 00:17:32.759
withdraw the entire amount. You can actually take that nine

265
00:17:32.759 --> 00:17:38.759
point forty one X and write withdraw on the left

266
00:17:38.920 --> 00:17:46.759
side margin. You can also put your name, your position

267
00:17:46.880 --> 00:17:50.759
with the company, your signature, and the date on the

268
00:17:50.839 --> 00:17:55.599
right side of it. That way, you've got your signature

269
00:17:55.720 --> 00:17:59.039
on it, you have withdrawn on it, and then you

270
00:17:59.079 --> 00:18:03.079
can submit that in and the claim will be withdrawn. Now,

271
00:18:03.160 --> 00:18:06.079
if in the meantime you receive a check for this,

272
00:18:06.759 --> 00:18:11.160
don't cash it, just void write void on it so

273
00:18:11.279 --> 00:18:15.839
you don't have to cash it. And one of the

274
00:18:15.880 --> 00:18:18.680
big things is if you have the check, you write

275
00:18:18.720 --> 00:18:21.440
void in the endorsement endorsement section on the back of

276
00:18:21.519 --> 00:18:25.640
the check. I would write void across the front a

277
00:18:25.720 --> 00:18:29.960
note that says ERC withdrawn and return the check to

278
00:18:30.400 --> 00:18:33.839
the IRS. Now, I'm going to tell you IRS is

279
00:18:33.920 --> 00:18:38.200
known to lose things. Make a copy for your records

280
00:18:38.799 --> 00:18:44.039
of the nine one X the voided check that you

281
00:18:44.240 --> 00:18:49.759
returned in any notes that you've sent in with this.

282
00:18:49.960 --> 00:18:56.160
To withdraw this. The IRS always tells you don't staple,

283
00:18:56.440 --> 00:18:59.160
bend or paper clip the voided check, just include it

284
00:18:59.200 --> 00:19:03.480
with it. Then you mail it to the Cincinnati Refund

285
00:19:03.640 --> 00:19:08.720
Inquiry Unit. And I always tell you, no matter what

286
00:19:08.759 --> 00:19:11.279
you're sending to the IRS, if you're putting it into mail,

287
00:19:11.400 --> 00:19:16.359
do it with tracking and then wait because the IRS

288
00:19:16.440 --> 00:19:18.559
is going to send you a letter telling you whether

289
00:19:18.640 --> 00:19:24.599
your withdrawal request was accepted or rejected. Your approved request

290
00:19:24.720 --> 00:19:28.079
is not effective until you have your acceptance letter from

291
00:19:28.359 --> 00:19:33.440
the IRS. And then if your withdrawal is accepted, you

292
00:19:33.519 --> 00:19:39.400
may need to go back and amend your tax return again. Amendments, amendments, amendments.

293
00:19:39.400 --> 00:19:44.720
See it seems like this whole scheme that you fell

294
00:19:44.839 --> 00:19:51.480
for is causing you to do nothing more then continue

295
00:19:51.519 --> 00:19:56.880
to amend your tax return or deal with problems that

296
00:19:57.000 --> 00:20:02.359
this caused. So you know you're going to have to

297
00:20:02.400 --> 00:20:05.440
take the time to dit all the adds and cross

298
00:20:05.480 --> 00:20:09.240
all the t's and make sure that you have got

299
00:20:09.640 --> 00:20:15.079
these items correctly. We got a question here from Jeff,

300
00:20:15.759 --> 00:20:19.440
I ran a trucking company during COVID, What I qualify

301
00:20:19.599 --> 00:20:22.480
for the ERC? Well, Jeff, there were a lot of

302
00:20:22.480 --> 00:20:27.599
different rules for ERC. Depending on your business and what

303
00:20:27.799 --> 00:20:31.000
happened in your business, you might qualify for the ERC.

304
00:20:31.599 --> 00:20:34.480
It's an analysis that actually needs to go You need

305
00:20:34.519 --> 00:20:38.319
to go through to determine each of the periods and

306
00:20:38.359 --> 00:20:42.400
how your revenues were. What's your employment level? Who if

307
00:20:42.400 --> 00:20:46.359
you have employees, if it's just you and you know,

308
00:20:46.519 --> 00:20:49.880
whether you got the paycheck protection program, so you may

309
00:20:49.960 --> 00:20:55.119
not qualify for this. But if you've got employees and

310
00:20:55.359 --> 00:20:58.640
you kept them working and you were shut down, maybe

311
00:20:58.720 --> 00:21:03.359
you do local delivery is in you know, weren't weren't

312
00:21:03.400 --> 00:21:07.039
able to do the work, you might have qualified something.

313
00:21:07.039 --> 00:21:10.720
We've got to sit down and look at I'm coming

314
00:21:10.799 --> 00:21:13.359
up on a break here. When we come back, we're

315
00:21:13.400 --> 00:21:18.440
going to talk about the irs sending letters ERC ten

316
00:21:18.519 --> 00:21:22.440
ninety nine k audit letters and problems, and we're going

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00:21:22.480 --> 00:21:23.599
to do that right after this.

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

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00:21:28.359 --> 00:21:31.640
Please stand by as Barry Chief Fowler will be right

320
00:21:31.720 --> 00:21:37.799
back with tax talk for you. As an owner operator,

321
00:21:37.920 --> 00:21:40.599
you already spend too much time away from your family.

322
00:21:41.319 --> 00:21:44.680
Trucker Tax Tools handles all your bookkeeping in taxes.

323
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No matter what level trucker you are.

324
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Life on the road can be taxing, but that doesn't

325
00:21:50.079 --> 00:21:53.480
mean that your wallet or time with your family should suffer.

326
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327
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Trucker tax Tools dot Com for free guide that will

328
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00:22:05.680 --> 00:22:09.759
Call Trucker Tax Tools eight seven seven nine sixty six

330
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two four seven seven or go to Trucker tax Tools

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00:22:14.079 --> 00:22:17.559
dot com now and let the experts keep you trucket.

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00:22:20.680 --> 00:22:23.440
Let's get back to tax stock for you. With war

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00:22:23.640 --> 00:22:27.880
tax Stock once again, here's your host, Barry G.

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00:22:28.119 --> 00:22:28.519
Fallon.

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00:22:31.200 --> 00:22:37.640
Hey, welcome back. IRS right now is continuing their efforts

336
00:22:37.680 --> 00:22:43.799
to combat fraudulent claims for the employee Retention Credit, and

337
00:22:43.960 --> 00:22:46.480
you may have gotten one of those letters. They are

338
00:22:46.559 --> 00:22:51.400
actually in the process of sending thousands of letters notifying

339
00:22:51.599 --> 00:22:56.759
taxpayers of the disallowed ERC claims, even after the fact

340
00:22:56.759 --> 00:23:01.680
that they were paid. It is an issue.

341
00:23:02.440 --> 00:23:05.799
You do need to get somebody that's involved to help

342
00:23:05.880 --> 00:23:10.079
you understand this letter that they're sending out one oh

343
00:23:10.119 --> 00:23:14.519
five c or the disallowance and the collection of money

344
00:23:14.640 --> 00:23:15.359
that they.

345
00:23:15.240 --> 00:23:19.079
May have already paid to you. So, if you've gotten

346
00:23:19.079 --> 00:23:23.559
that ERC credit and you've gotten the claim and you've

347
00:23:23.599 --> 00:23:28.279
gotten the money, you know, I'm of the thought that

348
00:23:28.319 --> 00:23:33.880
you need to take a proactive approach to looking at

349
00:23:33.920 --> 00:23:37.480
and understanding whether you truly qualified. And so if you've

350
00:23:37.559 --> 00:23:41.160
used one of these promoters out there, and we've seen

351
00:23:41.279 --> 00:23:44.880
some of these promoters that really hit hard on trying

352
00:23:44.920 --> 00:23:48.519
to get you to qualify. I mean even my business

353
00:23:48.559 --> 00:23:54.400
who never shut down, revenues increased, we continue to work

354
00:23:54.440 --> 00:23:59.079
hard all through the pandemic. And you know, they've come

355
00:23:59.119 --> 00:24:01.559
to me and tried to me to put get at

356
00:24:01.759 --> 00:24:04.079
ERC for my business. And I'm like, look, I've already

357
00:24:04.079 --> 00:24:07.240
done the analysis. You can't tell me I qualify already.

358
00:24:07.240 --> 00:24:10.759
No I don't. Oh yeah, everybody qualifies, you know they don't.

359
00:24:11.240 --> 00:24:14.400
So if you've gotten an ERC credit and you've gotten

360
00:24:14.400 --> 00:24:17.359
a reef on it and everything. Take the time to

361
00:24:17.440 --> 00:24:20.839
understand and work with a tax prepairer, work with Taxation

362
00:24:20.960 --> 00:24:25.079
Solutions dot NE to determine whether you should have gotten it.

363
00:24:25.480 --> 00:24:28.400
Be proactive. Don't let the IRS come back and hit

364
00:24:28.480 --> 00:24:30.720
you with all the penalties and interest in fraud that

365
00:24:30.759 --> 00:24:33.039
they're going to hit you with. You know, if you

366
00:24:33.160 --> 00:24:37.440
did this and you shouldn't have gotten it. So, you know,

367
00:24:37.519 --> 00:24:41.799
we've gotten questions over the time of what is the

368
00:24:41.839 --> 00:24:46.559
ten ninety nine K. I get this from people all

369
00:24:46.599 --> 00:24:50.039
the time. They receive the ten ninety nine K. Well,

370
00:24:50.039 --> 00:24:53.759
when you're in business and you're accepting credit cards and stuff,

371
00:24:53.799 --> 00:24:56.720
you're going to get a ten ninety nine K for

372
00:24:56.880 --> 00:25:02.119
the payments you've received. You know, it's payments on you know,

373
00:25:02.559 --> 00:25:06.720
collections on credit cards and everything. And what's really interesting

374
00:25:07.079 --> 00:25:10.640
is I have seen it now more and more where

375
00:25:10.680 --> 00:25:14.160
now the IRS is now starting to compare the ten

376
00:25:14.240 --> 00:25:17.039
ninety nine K to the tax return. Had a client

377
00:25:17.079 --> 00:25:21.160
come in the other day and their tax return is

378
00:25:21.200 --> 00:25:26.440
getting audited because their schedule C which they didn't do. Okay,

379
00:25:26.519 --> 00:25:30.000
we'll be honest here, didn't match the ten ninety nine K.

380
00:25:30.279 --> 00:25:33.160
And they're now using the ten ninety nine K for

381
00:25:33.839 --> 00:25:39.000
total revenues, and there's notations that they would also be

382
00:25:39.200 --> 00:25:44.440
adding a percentage for cash and check collections over and

383
00:25:44.480 --> 00:25:47.559
above the ten ninety nine K, which that means the

384
00:25:47.599 --> 00:25:51.000
irs is just assuming that because you're accepting credit cards,

385
00:25:51.039 --> 00:25:55.240
you would also be taking in payments in cash or

386
00:25:55.400 --> 00:26:00.400
payments via check, and so they were adding that as well.

387
00:26:00.519 --> 00:26:04.519
So if you're in business, something you need to kind

388
00:26:04.559 --> 00:26:07.400
of look at and whether you're filing a schedule C,

389
00:26:08.079 --> 00:26:10.799
whether you're filing an eleven twenty s or ten sixty

390
00:26:10.799 --> 00:26:16.720
five or eleven twenty, take a look at how much

391
00:26:16.839 --> 00:26:21.200
your credit card company is saying you collected VI collections

392
00:26:21.240 --> 00:26:24.759
through merchant services, which would be on that form ten

393
00:26:24.839 --> 00:26:27.160
ninety nine K. Now, the other thing to look at

394
00:26:27.240 --> 00:26:30.799
your ten ninety nine K is who is it written

395
00:26:30.839 --> 00:26:34.880
to and what taxpayer number is It is a taxpayer number,

396
00:26:34.920 --> 00:26:38.440
your Social Security number is a taxpayer number, the employer

397
00:26:38.519 --> 00:26:42.400
identification number and the business which one is it. See

398
00:26:42.400 --> 00:26:45.359
we've seen at times these ten ninety nine k's get

399
00:26:45.440 --> 00:26:48.720
issued and the ten ninety nine K should have been

400
00:26:48.880 --> 00:26:55.759
under XYZLLC and with an employer identification number and instead

401
00:26:55.759 --> 00:27:02.720
it's written to Jim Bob's moonshine and it is under

402
00:27:03.400 --> 00:27:07.519
their personal Social Security number. So the IRS is looking

403
00:27:07.559 --> 00:27:12.559
for these transactions on your personal tax return versus looking

404
00:27:12.599 --> 00:27:16.640
at it on a company return because of how the

405
00:27:16.720 --> 00:27:21.079
ten ninety nine K was issued out there as well,

406
00:27:21.640 --> 00:27:24.480
and so you know, these ten and nine k's are

407
00:27:24.559 --> 00:27:27.680
usually only issued when you've received more than five thousand

408
00:27:27.720 --> 00:27:33.960
in payments for goods and services and stuff, so you know,

409
00:27:34.079 --> 00:27:36.599
kind of be aware of it. Look at all the

410
00:27:36.640 --> 00:27:41.400
forms that you do receive, whether it's ten under nine miscellaneous,

411
00:27:41.440 --> 00:27:45.000
ten ninety nine NEC of course, the ten ninety nine K,

412
00:27:45.319 --> 00:27:49.000
or the ten ninety nine d IV, your broker statements

413
00:27:49.880 --> 00:27:54.960
W two's. All these things you know, matter, including the

414
00:27:55.039 --> 00:28:00.200
ten ninety eight for your mortgage interest, property taxes, and

415
00:28:00.319 --> 00:28:04.480
everything that goes on from there. You know, the one

416
00:28:04.519 --> 00:28:07.039
thing that we are seeing with the i r S.

417
00:28:07.920 --> 00:28:10.880
You know, these ten ninety nine k's. The i r

418
00:28:11.000 --> 00:28:16.359
S has kind of phased in now implementation of reporting threshold,

419
00:28:16.559 --> 00:28:22.640
implementation of reviewing tax returns and documents that the i

420
00:28:22.799 --> 00:28:28.480
r S is receiving to compare to taxes. An interesting

421
00:28:28.599 --> 00:28:32.119
story about this, we've had clients that have come to

422
00:28:32.200 --> 00:28:34.440
us and you know, somebody's going through an audit. And

423
00:28:34.759 --> 00:28:38.559
we actually had clients that reported everything that was would

424
00:28:38.559 --> 00:28:41.680
have been on a ten ninety nine K merchant services

425
00:28:41.759 --> 00:28:45.119
and they got audited because the I R S assumed

426
00:28:45.160 --> 00:28:49.119
in their business they were also taking cash payments, and

427
00:28:49.160 --> 00:28:54.680
so they imputed a value for these cash payments, and

428
00:28:55.400 --> 00:28:58.519
you know, the value out there was too great of

429
00:28:58.519 --> 00:29:01.279
a number. But we had to go in improve to

430
00:29:01.440 --> 00:29:06.599
the iris that their business was strictly through merchant services.

431
00:29:06.640 --> 00:29:10.759
They took no cash, they took no checks, They only

432
00:29:10.839 --> 00:29:14.960
received credit card payments and that is the only way

433
00:29:15.160 --> 00:29:18.079
they got paid. And you know, some big hurdles to

434
00:29:18.119 --> 00:29:21.400
get over there, but if you've got good record keeping,

435
00:29:21.880 --> 00:29:28.000
good bookkeeping, you know you would be able to prove that, hey,

436
00:29:28.039 --> 00:29:32.400
this was the only way we took payments. And then

437
00:29:32.400 --> 00:29:34.920
making sure that no matter what you receive in that

438
00:29:35.200 --> 00:29:37.480
you get if it's business, it got deposited in the

439
00:29:37.480 --> 00:29:40.440
business account. And if you move money from business to

440
00:29:40.519 --> 00:29:45.359
personal or too payroll, because you're a escort, you're able

441
00:29:45.400 --> 00:29:48.480
to dot the ayds and show the transactions going back

442
00:29:48.480 --> 00:29:53.720
and forth between business and personal and any extra personal

443
00:29:53.759 --> 00:29:57.640
money that came into the account you're able to document

444
00:29:57.880 --> 00:30:02.839
as well, So you really want to make sure that

445
00:30:03.880 --> 00:30:05.839
you know your diet in the eyes and crossing the

446
00:30:05.880 --> 00:30:11.680
t's and you're in business. You know, it's it's a

447
00:30:11.680 --> 00:30:15.160
fun thing that you know, we get to do in

448
00:30:15.200 --> 00:30:17.519
our opinion dealing with the I r S because we

449
00:30:17.640 --> 00:30:19.880
like to beat the I r S. And I mean

450
00:30:19.880 --> 00:30:23.759
that's where we see the fun. You know, when the

451
00:30:23.759 --> 00:30:26.319
I r S is coming after you and we can

452
00:30:26.400 --> 00:30:30.200
prove that the I r S is wrong, it benefits you,

453
00:30:30.319 --> 00:30:35.359
it helps you, but it also shows that we're able

454
00:30:35.440 --> 00:30:40.559
to support it beat them. And when on your behalf

455
00:30:40.920 --> 00:30:45.039
against the I r S. And you know, we kind

456
00:30:45.039 --> 00:30:48.359
of you know, like the old flat guys when they

457
00:30:48.359 --> 00:30:52.079
shot down the German planes. You know they put the

458
00:30:52.480 --> 00:30:55.480
ex'es on there on the side of their planes for

459
00:30:55.640 --> 00:30:57.880
every plane that they shot down. It's the same thing

460
00:30:57.920 --> 00:30:59.920
we get to do here, is we get to try

461
00:31:00.160 --> 00:31:03.519
up another great mark that we beat the I r S.

462
00:31:03.599 --> 00:31:07.119
Whether it's penalty abatement, whether it's winning the audit, whether

463
00:31:07.200 --> 00:31:11.160
it's an offering compromise or partial pay installment agreement. We

464
00:31:11.279 --> 00:31:16.920
get to take that and show that we are the winners.

465
00:31:17.079 --> 00:31:21.400
We're the ones that got the best of the I

466
00:31:21.799 --> 00:31:27.359
R s and you know, do things the right way

467
00:31:28.599 --> 00:31:33.400
for our clients in making sure that they got the

468
00:31:33.440 --> 00:31:39.079
best settlement possible out there. And we're really into trucking,

469
00:31:39.200 --> 00:31:42.960
and you know, some of the things that we've seen

470
00:31:43.039 --> 00:31:46.799
in the trucking industry and some of the scams that

471
00:31:46.839 --> 00:31:51.480
we see pulled on truckers and pretty much every taxpayer

472
00:31:51.519 --> 00:31:54.200
that's out there. We're going to talk about that right

473
00:31:54.200 --> 00:31:55.079
after we come back.

474
00:31:56.359 --> 00:32:00.400
We have only scratched the surface of today's show. Stand

475
00:32:00.440 --> 00:32:03.559
by as Barry Giffaler will be right back with.

476
00:32:03.759 --> 00:32:04.839
Tax talk for you.

477
00:32:07.559 --> 00:32:10.920
As an owner operator, you already spend too much time

478
00:32:10.960 --> 00:32:11.960
away from your family.

479
00:32:12.519 --> 00:32:14.559
Stop spending time doing paperwork.

480
00:32:15.039 --> 00:32:18.519
Go to Trucker tax tools dot com a solution filled

481
00:32:18.599 --> 00:32:22.759
specifically for truckers. Trucker tax tools dot Com makes your

482
00:32:22.839 --> 00:32:28.960
life run smoothly. Let's get back to tax stock for

483
00:32:29.079 --> 00:32:31.920
you with more tax stock once again.

484
00:32:32.359 --> 00:32:34.920
Here's your host, Barry gif Faller.

485
00:32:37.400 --> 00:32:41.839
Hey, welcome back. You know, scammers are our everyday thing

486
00:32:42.119 --> 00:32:46.480
for you and I and you know people in trucking

487
00:32:47.440 --> 00:32:50.799
at Trucker tax tools dot Com where you know, we

488
00:32:50.960 --> 00:32:54.720
held truckers and we hear the butt scams every day

489
00:32:54.759 --> 00:32:58.200
and talking to owner operators that are out there on

490
00:32:58.240 --> 00:33:01.759
the road, and you know, some times they fall has

491
00:33:01.839 --> 00:33:08.039
good prey to go after, but it's you know, every

492
00:33:08.079 --> 00:33:12.519
everybody could be involved or be hit by some of

493
00:33:12.559 --> 00:33:15.720
the scams that are out there. You know, some of

494
00:33:15.759 --> 00:33:18.640
the scams that we see in the trucking industry is

495
00:33:19.799 --> 00:33:23.000
people that tell them they're going to get the largest refund,

496
00:33:23.000 --> 00:33:27.240
but they know nothing about trucking and they do their best,

497
00:33:27.319 --> 00:33:32.920
but they get things wrong, or they overstate, or they

498
00:33:33.480 --> 00:33:38.200
try to do things that are incorrect, like promising them

499
00:33:38.359 --> 00:33:44.160
a big payday, big refund that nobody else can get them.

500
00:33:44.240 --> 00:33:46.079
You know, if it's sometimes if it sounds too good

501
00:33:46.079 --> 00:33:49.960
to be true, it probably is. You know, bad tax advice,

502
00:33:50.720 --> 00:33:57.759
whether it's social media, whether it's owner operator, truck stop, fuel,

503
00:33:57.759 --> 00:34:03.599
pump bookkeeping, or tax it doesn't make it right. Sometimes

504
00:34:03.599 --> 00:34:07.039
they try to convince you to lie on your tax

505
00:34:07.079 --> 00:34:10.719
forms or mislead you about credits that you can claim,

506
00:34:11.199 --> 00:34:15.800
or mislead you about how to claim your tractor or

507
00:34:15.920 --> 00:34:20.239
your trailer and that you can take mileage and fuel.

508
00:34:21.159 --> 00:34:25.280
It doesn't work. But if you need good advice, then

509
00:34:25.360 --> 00:34:28.239
you know, go to Trucker tax tools dot com. Let

510
00:34:28.320 --> 00:34:31.360
us get you some good advice. Get a free consultation

511
00:34:32.599 --> 00:34:36.199
from Trucker Tax Tools by calling eight seven seven nine

512
00:34:36.360 --> 00:34:40.679
nine six two four seven seven. It's a great way

513
00:34:40.840 --> 00:34:46.199
to find out is everything correct. Now you're out on

514
00:34:46.239 --> 00:34:49.719
the road, you know, we've seen this, and you're a

515
00:34:49.760 --> 00:34:53.559
trucker and you get phone calls, you do answer. Sometimes

516
00:34:54.039 --> 00:34:59.920
it's an impersonator saying, hey, pay now, or else they

517
00:35:00.000 --> 00:35:05.519
you're going to threat and arrest, deportation, repossession of your

518
00:35:05.599 --> 00:35:09.440
foreclosure on your truck or you know, your tractor, your trailer,

519
00:35:11.039 --> 00:35:13.239
and you know you don't get a chance to question

520
00:35:13.440 --> 00:35:16.239
or appeal the amount of tax they're saying you owe.

521
00:35:16.559 --> 00:35:19.079
You've got to go do this and now you know,

522
00:35:19.679 --> 00:35:22.599
got to watch out. And this happens, you know, every

523
00:35:22.920 --> 00:35:28.960
day on a daily basis, of people impersonating the irs

524
00:35:29.079 --> 00:35:32.199
or even some of these resolution companies that are out

525
00:35:32.239 --> 00:35:36.920
there telling you you owe money and you know you don't,

526
00:35:37.400 --> 00:35:39.960
but all of a sudden you've got the threat of

527
00:35:40.920 --> 00:35:43.800
owing money. You know, if you think you do and

528
00:35:43.880 --> 00:35:46.159
you're not sure, you know, give Truck or Tax Tools

529
00:35:46.239 --> 00:35:49.880
or Taxation Solutions a call and let's see if you

530
00:35:50.159 --> 00:35:53.920
really owe money, we can do a transcript analysis that

531
00:35:54.400 --> 00:35:59.519
does analysis of everything for the last five, six, seven

532
00:35:59.639 --> 00:36:02.960
years to see is there money owed? Is there problems?

533
00:36:03.280 --> 00:36:06.039
Maybe you've been using one of these bad tax preparers

534
00:36:06.079 --> 00:36:09.639
and you've got your tax returns all wrong and you

535
00:36:09.719 --> 00:36:14.599
need to have someone fix it. You know, that's where

536
00:36:14.639 --> 00:36:20.719
the problems could lie, you know, for you, So you know,

537
00:36:21.239 --> 00:36:23.800
check it out. You know, make sure that you know

538
00:36:23.880 --> 00:36:27.119
somebody that's impersonating the I R S or the resolution

539
00:36:27.239 --> 00:36:30.599
company calling and saying, hey, you've got to do this

540
00:36:30.880 --> 00:36:33.840
or you've got to do that. It's got to pass

541
00:36:33.880 --> 00:36:38.400
the smell test, you know, you know, to make sure

542
00:36:38.480 --> 00:36:43.440
that you know what you're doing is right. Another big

543
00:36:43.480 --> 00:36:47.360
thing we see is you know, them coming to you

544
00:36:47.559 --> 00:36:50.280
and trying to get you to claim some fuel tax

545
00:36:50.400 --> 00:36:56.320
credits that you may not qualify for. You know, they basically,

546
00:36:56.800 --> 00:37:00.920
you know, are trying to get you to go after

547
00:37:00.960 --> 00:37:04.280
these fuel tracks credits that you're not going to qualify.

548
00:37:05.599 --> 00:37:10.119
There's been a huge increase in fictitious claims for these credits.

549
00:37:11.679 --> 00:37:16.039
Promoters out there are again looking for their own financial interest,

550
00:37:16.599 --> 00:37:19.880
charging you inflated fees, but in charging you fees that

551
00:37:21.360 --> 00:37:23.920
you know you're not going to get back if they're wrong.

552
00:37:24.400 --> 00:37:28.400
You know, they have no skin in the game if

553
00:37:28.400 --> 00:37:34.960
they're wrong. They're pushing these claims on you an accelerator race.

554
00:37:35.239 --> 00:37:37.599
It's kind of like you know, you hitting the accelerator

555
00:37:37.639 --> 00:37:40.159
and getting down the road, or they're driving you to

556
00:37:40.440 --> 00:37:45.320
that bad choice, and you know they're frequently are going

557
00:37:45.400 --> 00:37:50.119
to charge large thing or large fees on it. The

558
00:37:50.159 --> 00:37:55.400
fuel tax credits actually one of the dirty dozens that

559
00:37:55.519 --> 00:37:59.000
the scams at the I r S lists out there.

560
00:38:00.480 --> 00:38:03.880
You know, do you know that whether you qualify or not,

561
00:38:04.400 --> 00:38:07.960
I'm pretty sure you don't. And you know, if if

562
00:38:08.000 --> 00:38:10.360
you're not sure about it, call us at truck or

563
00:38:10.360 --> 00:38:13.000
tax Doles. You know, we can talk about it, and

564
00:38:13.400 --> 00:38:15.719
you know, we screen for this and make sure that

565
00:38:16.239 --> 00:38:19.320
when you're going to claim that fuel tax credit, you're

566
00:38:19.360 --> 00:38:24.239
going to claim it the correct way and not fraudulently

567
00:38:24.599 --> 00:38:30.039
claiming these credits out there. We've seen also in the

568
00:38:30.079 --> 00:38:36.719
trucking industry where not only are they going after uh,

569
00:38:37.000 --> 00:38:40.119
these kind of tax credits, but they're you know, claiming

570
00:38:40.159 --> 00:38:43.480
things incorrectly on the on the tax returns, such as

571
00:38:43.679 --> 00:38:46.599
you know, per diems. They don't get those right or

572
00:38:46.639 --> 00:38:51.320
they're claiming both your travel meals and the per diems.

573
00:38:51.480 --> 00:38:55.239
We've seen that on the tax returns. That causes you

574
00:38:56.159 --> 00:39:00.599
problems for a couple of years. The IRUs allowed one

575
00:39:00.639 --> 00:39:03.119
hundred percent right off of the per diems. If we're

576
00:39:03.159 --> 00:39:08.079
back down to eighty percent, Or they're calculating per diems

577
00:39:08.280 --> 00:39:13.880
incorrectly for you and you need to get those calculated

578
00:39:14.199 --> 00:39:18.239
correctly so that the IRS isn't coming back in auditing

579
00:39:18.280 --> 00:39:21.159
you because you claim too many nights on the road

580
00:39:21.320 --> 00:39:24.440
away from home and not the half on the beginning

581
00:39:24.519 --> 00:39:28.519
and the end of your trip. And then they're still

582
00:39:28.559 --> 00:39:31.599
claiming it at one hundred percent because they don't know

583
00:39:31.679 --> 00:39:35.760
any better and it makes them look good, you know.

584
00:39:35.880 --> 00:39:39.519
So those are some of the things that you've got

585
00:39:39.519 --> 00:39:45.039
to watch out for as a trucking owner operator out there,

586
00:39:45.679 --> 00:39:49.719
or if you're a W two truck driver that they're

587
00:39:49.760 --> 00:39:52.599
trying to find a way to still claim per diems

588
00:39:52.639 --> 00:39:56.159
for you. You can't as a W two trucker claim

589
00:39:56.199 --> 00:39:59.400
per diems where don't file Form twenty one oh six,

590
00:40:00.000 --> 00:40:03.840
which is unreimbursed business expenses that your employer doesn't pay

591
00:40:03.880 --> 00:40:08.000
you for. And you know there is still trying to

592
00:40:08.199 --> 00:40:12.639
make those claims for you and filing it under other

593
00:40:13.159 --> 00:40:18.480
expenses or filing it under Schedule A. And we've seen

594
00:40:18.519 --> 00:40:21.719
all kinds of things happen out there just to make

595
00:40:21.760 --> 00:40:27.960
themselves look good and at your expense. You know, maybe

596
00:40:28.000 --> 00:40:31.480
you're a trucking business or a small business that they're

597
00:40:31.480 --> 00:40:34.760
going to claim that you were in a disaster zone

598
00:40:35.239 --> 00:40:37.840
just because you transported goods into the disaster zone. It

599
00:40:37.840 --> 00:40:42.280
does not qualify you to be in the disaster zone,

600
00:40:42.559 --> 00:40:47.320
and it doesn't qualify you necessarily for disaster assistance for

601
00:40:47.639 --> 00:40:52.639
your your business or you personally. So you know, you

602
00:40:52.760 --> 00:40:55.440
kind of got to watch these things and making sure

603
00:40:55.519 --> 00:41:01.760
that you're doing things the correct way and not just

604
00:41:03.480 --> 00:41:07.400
the way a promoter wants you to do it. Now,

605
00:41:07.519 --> 00:41:10.719
remember you know, your tax return is your tax return.

606
00:41:10.920 --> 00:41:14.559
It's not my tax return. It's not just your wife's

607
00:41:14.599 --> 00:41:18.079
tax return. It's you and your spouse is if you're

608
00:41:18.079 --> 00:41:22.239
filing jointly, if you're married, filing separately, it's your return.

609
00:41:22.880 --> 00:41:26.039
If you are single or head a household, it is

610
00:41:26.119 --> 00:41:30.440
your return. That signature line at the bottom read it.

611
00:41:30.440 --> 00:41:32.840
It's under penalties of perjury that you say, hey, this

612
00:41:32.920 --> 00:41:36.880
return is correct, so the irs doesn't hold anybody else

613
00:41:36.960 --> 00:41:42.559
responsible for this return except you now at pay prepare

614
00:41:43.159 --> 00:41:46.320
who makes up a business that you didn't have and

615
00:41:46.360 --> 00:41:48.840
puts it on the tax return, or makes up some

616
00:41:48.880 --> 00:41:51.559
other stuff and puts it on the tax return. They

617
00:41:51.639 --> 00:41:56.559
may get held responsible for preparing fraudulent returns, especially if

618
00:41:56.599 --> 00:41:59.960
they've been doing this and do this for multiple LINDS

619
00:42:00.000 --> 00:42:03.840
ants across the board. They could get held responsible, lose

620
00:42:03.840 --> 00:42:06.599
their license and lose the right to prepare returns and

621
00:42:06.639 --> 00:42:09.239
everything else. But at the end of the day, the

622
00:42:09.239 --> 00:42:12.360
refund came to you, and you're going to have to

623
00:42:12.440 --> 00:42:18.199
pay the money back to the IRS for that fraudulent return. Hey,

624
00:42:18.239 --> 00:42:21.320
I tell everybody that we prepare returns for We dot

625
00:42:21.360 --> 00:42:23.800
our eyes, we cross our t's, we do our due diligence.

626
00:42:23.840 --> 00:42:26.679
We asked probably too many questions according to our clients

627
00:42:26.679 --> 00:42:30.280
about taxes when we're preparing it, making sure that things

628
00:42:30.320 --> 00:42:33.519
are correct, making sure that you have the right to

629
00:42:33.599 --> 00:42:37.599
claim the child. Because the IRS requires us to do

630
00:42:37.760 --> 00:42:42.679
a due diligence for I guess I'm for the IRS,

631
00:42:42.760 --> 00:42:44.960
but we do our due diligence for ourselves because we

632
00:42:44.960 --> 00:42:47.760
don't want to lose our license. Do your due diligence.

633
00:42:48.000 --> 00:42:50.519
Review the return. If you see a schedule see in

634
00:42:50.559 --> 00:42:53.119
your return and you don't have a business, don't do

635
00:42:53.199 --> 00:42:57.199
business with them. Cut and run, even if you've paid them.

636
00:42:57.360 --> 00:43:00.760
Cut and run. Get out of there. That both you

637
00:43:00.840 --> 00:43:05.039
and your wife, you and your husband sign the return,

638
00:43:05.480 --> 00:43:08.360
Review it and sign it. It can't be e filed

639
00:43:08.400 --> 00:43:11.440
until you have signed that return. Make sure the money

640
00:43:11.440 --> 00:43:13.599
has been directed positive going to be direct deposited if

641
00:43:13.599 --> 00:43:17.239
you get a direct deposit refund into your account. Those

642
00:43:17.280 --> 00:43:19.920
are little things we can tell you when you're going

643
00:43:19.960 --> 00:43:22.920
through and looking at your return. Hey, we always love

644
00:43:23.000 --> 00:43:26.880
doing the show. It's Mondays here at ten o'clock Eastern

645
00:43:26.960 --> 00:43:31.800
time right here on Talk four TV W four CY Radio.

646
00:43:32.239 --> 00:43:34.280
And of course you can find us at tax talk

647
00:43:34.400 --> 00:43:37.960
for You dot com. Check us out on our Facebook

648
00:43:38.000 --> 00:43:41.320
page as well as Taxation Solutions dot net and the

649
00:43:41.360 --> 00:43:45.320
Facebook page for taxation Solutions, tax relief and even truck

650
00:43:45.360 --> 00:43:48.000
or tax tools. But make sure you subscribe at tax

651
00:43:48.039 --> 00:43:50.199
Talk for You so you don't miss any episodes, and

652
00:43:50.199 --> 00:43:52.840
find all of our podcasts from the past right there.

653
00:43:53.239 --> 00:43:56.440
And we'll be back next week. Have a god bless

654
00:43:56.480 --> 00:44:01.639
glorious week. Whether you're in trucking business, are personal have

655
00:44:01.719 --> 00:44:02.400
a great week?

656
00:44:03.599 --> 00:44:06.760
Are you an individual or business that wants to understand

657
00:44:06.840 --> 00:44:10.199
taxes and how they affect you. Are you looking for

658
00:44:10.280 --> 00:44:15.679
specific tax advice for self employed business owners and truckers.

659
00:44:16.239 --> 00:44:20.320
Are you behind on taxes and your bookkeeping? Are you

660
00:44:20.400 --> 00:44:23.400
dealing with the irs and ready to have some relief,

661
00:44:24.199 --> 00:44:28.039
Then you need Tax Talk for You, hosted by tax

662
00:44:28.119 --> 00:44:30.280
and trucker expert Barry G.

663
00:44:30.559 --> 00:44:31.559
Fowler EA.

664
00:44:31.840 --> 00:44:35.639
Tune in ten am Eastern Time every Monday right here

665
00:44:35.679 --> 00:44:39.519
on W FOURCY Radio and Talk for TV. Don't forget

666
00:44:39.559 --> 00:44:44.159
to check this and past episodes at tax TALKFORU dot com.

667
00:44:44.679 --> 00:44:49.760
See you next week at W fourcy dot com