June 23, 2025

IRS Penalties & Abatements, Trucker & Business Tax Relief

IRS Penalties & Abatements, Trucker & Business Tax Relief
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Season 2

TaxTalk4u.com IRS Penalties & Abatements, Trucker & Business Tax Relief. Form 843 request for abatement, First Time penalty abatement. IRS Penalties: Failure File on time, Failure to Pay, Accuracy Related Penalty, Failure to deposit. Remove or Reduce penalty, Dispute a Penalty, IRS Tax Relief. Trucking and business penalties for not paying payroll taxes, Trust fund penalties, Civil penalties. How to reduce or remove penalties with 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).

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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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Fouler EA, bringis 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. Foul Or.

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A good Monday morning to everybody. Hope everybody is going

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to have a great beak. It's a way to get

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started here and talking about you know, taxes, taxes, taxes,

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in this case. You know, what we're really talking about

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today is i RS penalties. That's right. I r S

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charges penalties. Hopefully you've never seen them, but for those

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people when you're paying your taxes, sometimes you just don't

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beat all of your tax obligations and end owing a penalty.

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You know, IRIS does charge penalties for various reasons. You know,

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things like not filing your tax return on time, not

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paying any tax code on time and in the right way.

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I mean you imagine that at least you paid it right.

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You didn't do it in the right way. You get

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a penalty. Prepare and file it returns, provide accurate and

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timely filed information. Returns, yes, even returns that just there

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to give them information, and you got to file them

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and you didn't file it on time. Guess what, smack

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penalty right on you. And then the I r S

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is going to charge you interest on a penalty if

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you don't pay it in full, and some penalties they

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continue to charge every month until you pay the full amount.

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You know, there are different types of penalties, and you

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know there are certain things you need to do if

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you get a penalty and to avoid penalties. But how

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do you know, well, first off, I R. S Is

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going to send you a love letter. We love your money.

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We charged your penalty. We're hitting you with interest. Please

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pay us. But if you don't open that envelope and

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read it, unlikely you're going to. You would know that

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the I R S gets you slapped you with penalty.

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They slap you when you're down. So that notice or

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lettuce letter read it. It'll tell you about the penalty,

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the reason for the charge, and what they expect you

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to do next. Now you know, I arrest have been

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known to be wrong. I mean I've seen them because

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you haven't filed an extension where you actually bailed the

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extension in instead of having it electronically filed, which the

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extension only got you an extension of time to file,

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not in time to pay. See when you're filing your

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personal tax return, you're ten forty and you file that extension,

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it's not an extension of time to pay. They expect

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you to estimate how much you have to pay and

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to pay it in and as long as it's less

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than about nine hundred dollars that you owe in the difference,

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you know they're not going to hit you with penalty

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as long as you file on time. But if you

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don't pay and you're going to owe, guess what, slap

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that penalty on you as soon as you file plus

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back interest. And it's just one of those things, hey,

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we got to deal with. So maybe you filed your

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extension and you got proof of it and we can

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verify it with the I R S, we can remove

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that penalty. Now, there are different types of penalties, and

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you know the IRS is going to send you notices

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about them if you have those uh incurred information returns.

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It applies to taxpayers that don't file or furnish their

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required information return or pay the statement correctly by the

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due date. Hey, in ninety nine is an information return?

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Your W two's Actually, if you don't file the W

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two W three with Solid Security Administration, man, you should

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see the penalty that they hit you with. Those are

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incredible penalties in amongst itself, so you know you have

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those things that become major problems. Failure to file This

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means you didn't file your tax return by the due

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date or extended due date, and they slap you with

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that penalty. Fail you're to pay. Okay, you owed money,

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you didn't pay it by the due date. You didn't

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pay it when you filed the tax return, and guess what,

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right there another penalty. Isn't it bad enough that you

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owe them money if they're going to turn around and

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hit you with the penalty and an interest on top

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of that, we get to have fun here. We can

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complain about the IRS. You know, if we didn't have

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the IRS, how many people would actually file a tax return? Nobody?

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There'd be no compliance. So you know, if no IRS,

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no collection activity, you wouldn't be scared. You're not going

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to file.

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See.

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The IRS also hits you with accuracy related penalties. This

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applies when you don't claim all your income or when

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you claim deductions or credits for which you don't qualify for.

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You know, so if if you left off A ten

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ninety nine and NEC left off of W two, the

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I r S Is going to send you a notice

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saying this isn't accurate. This is the information we got

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and therefore it hits you with penalties. What's amazing, and

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I've seen it is people who are in business. Maybe

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you're running a small business or an uber or ride

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share or Airbnb, and you're taking credit card payments. And

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you get the ten ninety nine k that's what the

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I r S gets it too. And now the i

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r S is actually doing checks and balances to those

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ten und nine k's, which is basically all your merchant transactions.

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And if the money isn't matching up or total, isn't

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it greater than that?

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Man?

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Guess what you're going through? A audit maybe a correspondence audit.

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It could be alive on it depending on how much

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those ten nine k's were. Here's a good one, and

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this is what the IRS has been really on, especially

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those that filed for the ERC credits Employer Retention Credits.

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Erroneous claim for refund or credit credit penalting. This applies

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when you submit a claim for refund or credit of

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income tax for an excessive amount and reasonable cause it

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doesn't apply, meaning you went for this credit, but you

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don't really qualify for it, and you have no reasonable

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explanation of why you would have applied for this credit.

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Now the IRS has a failure to deposit. It applies

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when you don't pay employment taxes accurately or on time,

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so you know they want you to go to EFTPS

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and put the payments through or if you're using a

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payroll provider, submit those payments electronically. They really don't want

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them sent by check anymore. And you didn't follow the

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procedures of what you're required to do, and the I

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r S will tell you every year here's how you've

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got a deposit. You may be a weekly deposit and

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are semi weekly, quarterly, or annual depositor. It just depends

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on how much payroll you have. But the IRS is

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going to send you that notice in January of how

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you've got to make your payroll tax posits. You know,

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people think tax preprayers sometimes are get out scott free,

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and you know, all we do is prepare returns. But

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there are tax preparer penalties which apply to people that

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return do returns, but they engage in miskindom. I mean,

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you've seen it. You know, people prepare returns and they

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throw things in that shouldn't be there. Those guys and

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gals have gotten in trouble. We've seen it where people

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have got in trouble. But it not only affects a

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tax preprayer, but it affects you as well. Using somebody

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unscrupulous like that, because they're going to still hold you

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responsible for that as well. Hey, if you've paid maybe

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some taxes due and you did it by check and

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that check got return and it's f insufficient funds or

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some other form of payment was applied. When your bank

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doesn't honor your check or other forum payment, it smacks

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you with penalties. You know, when things are tough, it

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just make it worse. It gets tougher if you did

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an underpayment of estimated tax for your company. It applies

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when you didn't make estimated taxes. You're an eleven twenty,

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you're ac corp, and you've got taxes and you've got

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to pay the taxes. They can hit you a penalty

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if you don't do correct estimated tax payments. That's the

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same thing that goes for you as an individual. If

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you're required to make estimated tax payments, you need to

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make them, and you need to make them on time.

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The first one was due April fifteen, second one June fifteen,

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The third one's going to be due in September the fifteenth,

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and then the next one's January fifteenth. Now if that

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falls on the weekend, of course, it's the next business debt.

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But if you don't make those estimated tax payments. Guess

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what the IRS again, it's you right between the eyes

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with another penalty. See, the IRS expects compliance. They expect

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you to follow all their rules and regulations, the tax laws,

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whether you know or not. And that's why you're here

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at tax Talk for you dot com because you need

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to know how to save yourself from penalties and interest. Hey,

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when we come back, we're going to talk more about

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IRS penalties and we'll even get into how to abate

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IRS penalties 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 Chief Fowler will be right back

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with tax Talk for you. If you owe the I

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R S or are going through an IRS audit, don't

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go at it alone. Called Taxation Solutions tax Relief at

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eight eight eight.

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Nine three zero one zero one six.

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We 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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Stock for You with more tax Talk once again.

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Here's your host, Barry G. Foller.

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Hey, welcome back. And you know penalty if you're a

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second or two late, don't worry about it. We don't

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charge penalties. So you're at tex Talk for you. One

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thing that I would tell you is you probably get

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over and follow us at tax Talk for You dot

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Com that way and never late. And we don't have

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the charge penalties or interest for you guys not to

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be in here on time at the show. Just kidding.

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We don't charge penalties or interest, but we love having it.

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Got questions, please feel free to submit them to us

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at tax Do for You dot com, n W four

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c Y Radio. You know, the I r S charges interest.

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You know, if you own money, the I r S

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charges interests. If you own penalties, I r S charges interest.

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The I r S needs to collect money from you

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and I and everybody else to fund the government. And

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the amount of debt that people have out there as

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taxpayers is significant. And if everybody would pay it all in,

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you know, today I R S would be thankful. You know,

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even if you don't have the money, just pay it

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in right, Hey, it doesn't work that way, but they're

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going to continue charging interest to make your situation worse

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than it is today, and it'll be worse tomorrow because

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of the and theccumulation of the penalties. You know, if

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the I R. S says, it's just really simple, how

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do you get rid of penalties? You pay them, send

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the payment, or pay your taxes and fold to stop

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future penalties and interest from adding up. Hey, that's simple,

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and that's why taxation solutions exist, is one. Maybe it's

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to debate penalties to put a solution in place, stop

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the IRS step them in their tracks. You know. Maybe

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it is actually correcting what the IRS says is the

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amount due and putting the right amount in there. So

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you know that being said, you know, call us at

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eight eight eight nine three zero one zero one six

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again eight eight eight nine three zero one zero one six.

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If you're watching this online, you know we got scrolled

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out at the bottom. You can catch our phone numbers.

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You can catch our website Taxation Solutions dot net. But

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if you're listening to the radio, hey again it's eight

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eight eight nine through zero one zero one six. How

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do you remove or reduce a penalty. Well, one way

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is to prove the I r S is absolutely wrong

238
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and then they should not have charged you a penalty

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because you did things correctly. Maybe their system best up,

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but generally the I r S doesn't go for that,

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and you've got a lot of hurdles to prove. But

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you might be able to remove or reduce some penalties

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if you acted in good faith and you can show

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what the I r S believes is reasonable cause. So

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if you weren't able to meet your tax guy obligations

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by law, they can't or reduce interest unless the penalty

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to reduce. Hey, I got dogs going crazy over here,

248
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but we're gonna let them be a little bit crazy

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for a little while. Hey, big good question. Is a

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penalty and levy the same thing. Nope, penalties, as we

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00:15:01.399 --> 00:15:04.960
talked about, is what's being charged for various reasons. The

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00:15:05.039 --> 00:15:08.159
levy is when the I r S is going to

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pull money straight out of your bank account to pay

254
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taxes or penalties that are due to the IRS. So

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you know you've got those complications that are are there.

256
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But the I r S does give you a bunch

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of warnings and we'll give you the chance to make

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that work. Sorry about that. I head to yell my

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dog here real quick. Maybe she will be quiet. If not,

260
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we'll have to lock her up. On the next break.

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We'll see. She does have her account. She does enjoy.

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Not used to be being home during the day because

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usually I'm at the office. But today we have a

264
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little bit of ranching to do. We got some meat

265
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birds to take over to the processors we didn't want

266
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to process in ourselves, and then we've got some cattle

267
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to move and everything else. So yes, we do do

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some ranching out here. And one of these days were

269
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talking about farm and ranch taxes you know as well,

270
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but we're talking about how to remove penalties. Disagree with

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the amount you owe as far as penalties go, you

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may dispute the penalty. You can actually call the IRS.

273
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I don't recommend it doing it yourself, because you know

274
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you are vested in this and it becomes a very

275
00:16:22.480 --> 00:16:25.279
testy situation when they just top right and you know,

276
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tell you absolutely no. But if you choose to call

277
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the number on the notice, give them your notice number

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00:16:33.720 --> 00:16:36.440
there's a letter number in the top right corner, and

279
00:16:36.480 --> 00:16:41.720
then tell them why you're thinking they should reconsider the penalty.

280
00:16:41.919 --> 00:16:44.759
You can also send in a Form eight forty three

281
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disputing or requesting that they abate the penalty, but be

282
00:16:49.279 --> 00:16:54.240
prepared to make sure you have reasonable cause in that notice,

283
00:16:54.279 --> 00:16:56.919
in that letter that you're sending them. And so when

284
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you're calling, have the notice or letter that they sent

285
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you the penalty that you want them to consider, such

286
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as twenty twenty four late filing penalty or twenty twenty

287
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three late filing penalty, and then each penalty you should

288
00:17:13.440 --> 00:17:16.559
have an explanation on why you think it should be removed. Now,

289
00:17:16.880 --> 00:17:19.319
the funny part is is what the IRS is going

290
00:17:19.359 --> 00:17:21.599
to tell you. Even though they'll tell you to do this,

291
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they're going to tell you, well, we can't do that,

292
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and you need to send it in Form eight forty three. See,

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there are multiple ways of dealing with the IRS, and

294
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one of these things is is when you call, be

295
00:17:33.839 --> 00:17:38.759
prepared for some ignorance by the people that you're calling

296
00:17:38.839 --> 00:17:43.000
into Also, be prepared that just because a website or

297
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someplace says this is what you should do, doesn't mean

298
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it's the right way to get it done, and it

299
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doesn't mean that the IRS is going to comply what's

300
00:17:51.640 --> 00:17:55.119
in maybe their website that says, hey, this is how

301
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you should do it, so be prepared to file the

302
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Forum eight forty three. You know, the I also tells

303
00:18:03.079 --> 00:18:05.519
you the best way to avoid or get rid of

304
00:18:05.599 --> 00:18:08.839
penalties is don't do anything wrong. You avoid it by

305
00:18:08.880 --> 00:18:11.720
filing an accurate return, paying your taxes by the due date,

306
00:18:11.920 --> 00:18:15.839
and furnishing information returns timely, not applying for credits that

307
00:18:16.039 --> 00:18:19.759
you shouldn't begetting. Apply for an extension of time so

308
00:18:19.920 --> 00:18:24.200
that you're not missing due dates, and then make sure

309
00:18:24.319 --> 00:18:28.720
your taxes are all paid by file that extension. And hey,

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00:18:28.799 --> 00:18:31.640
the last thing now, Harris tells you is hey, apply

311
00:18:31.759 --> 00:18:34.240
for a payment plan. That's great. If I couldn't afford

312
00:18:34.279 --> 00:18:35.880
my taxes, then how am I going to afford my

313
00:18:35.960 --> 00:18:38.880
taxes on a monthly basis When you're adding more interest

314
00:18:39.039 --> 00:18:43.200
in penalties every single month even though I'm on a

315
00:18:43.240 --> 00:18:48.640
payment plan. Doesn't make sense, but it is the irs.

316
00:18:49.519 --> 00:18:52.480
You know some of the common penalties that you and

317
00:18:52.599 --> 00:18:56.920
I have seen that failure to file penalty it does

318
00:18:57.200 --> 00:19:00.839
accumulate five percent per month on the balance due to

319
00:19:00.920 --> 00:19:05.680
a maximum of twenty five percent fty fty penalty. Estimated

320
00:19:05.759 --> 00:19:09.119
tax payment penalty is equal to the interest lost by

321
00:19:09.599 --> 00:19:13.640
not having sufficient withholding or paying estimated taxes. Throughout the year,

322
00:19:14.119 --> 00:19:17.960
they hit you with penalties and interest on that failure

323
00:19:18.039 --> 00:19:20.200
to pay is a half percent per month of the

324
00:19:20.240 --> 00:19:25.279
ballance due to a maximum of twenty five percent. Those

325
00:19:25.440 --> 00:19:29.240
three penalties alone, and this is stats from twenty nineteen

326
00:19:29.920 --> 00:19:33.119
made up ninety five point five percent of all IRS

327
00:19:33.279 --> 00:19:40.720
civil penalties for individual tax payers. Amazing fifty seven percent

328
00:19:40.839 --> 00:19:43.519
of that is from failure to pay, twenty nine percent

329
00:19:43.680 --> 00:19:47.480
is from estimated taxes, and then about ten percent is

330
00:19:47.680 --> 00:19:53.680
failure to file. So you know, you can ask for

331
00:19:53.839 --> 00:19:58.160
relief and sometimes the IRS grants it, but fewer and

332
00:19:58.319 --> 00:20:01.839
fewer penalties are abated all the time. You know, we

333
00:20:02.000 --> 00:20:05.640
work really hard to get our penalties abated for our clients,

334
00:20:06.240 --> 00:20:08.480
and we spend a lot of time doing it. We

335
00:20:08.559 --> 00:20:11.400
don't charge unless we're successful. We have a fairly good

336
00:20:11.480 --> 00:20:16.039
track record of being successful of getting penalties abated. But again,

337
00:20:16.599 --> 00:20:20.519
you know, we know that it's down to you know,

338
00:20:20.640 --> 00:20:25.000
between ten and fifteen percent of penalties that are actually

339
00:20:25.119 --> 00:20:29.240
abated by the IRS, and therefore there's you know, we

340
00:20:29.359 --> 00:20:31.720
felt that it's not fair to charge you to get

341
00:20:31.799 --> 00:20:36.559
penalty abatements unless we are you know, successful, and it

342
00:20:36.680 --> 00:20:39.240
saves you money, saves you time, and it means we're

343
00:20:39.240 --> 00:20:42.960
going to jump through bigger hoops and try harder than

344
00:20:43.039 --> 00:20:47.079
most people out there because of that request and how

345
00:20:47.200 --> 00:20:51.039
hard it is to get penalty abatements. Now, hey, I'm

346
00:20:51.039 --> 00:20:53.160
going to tell you there's some things out there and

347
00:20:53.319 --> 00:20:56.039
you can get a first time penalty abatement. As I

348
00:20:56.119 --> 00:21:00.880
advise a client, you know, upfront, using a first time

349
00:21:00.920 --> 00:21:04.559
penalty abatement on a forty five dollars penley isn't worth

350
00:21:04.599 --> 00:21:07.279
it to you, me or anything. You're gonna make a

351
00:21:07.319 --> 00:21:09.519
bigger mistake sometime in your life and you're gonna want

352
00:21:09.559 --> 00:21:12.240
that first time penalty abatement. So maybe we don't use

353
00:21:12.319 --> 00:21:17.920
it on that, so, you know, kind of pick and shoes. Hey,

354
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we're gonna take a short break. We're gonna when we

355
00:21:20.240 --> 00:21:22.119
come right back, we're gonna talk a little bit about

356
00:21:22.160 --> 00:21:25.599
some of the dos and don'ts and requesting penalty abatement,

357
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and we're gonna get in talking a little bit about truckers,

358
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trucker taxes and things that truckers need to do and

359
00:21:33.240 --> 00:21:36.599
small business people need to do out there running their

360
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business and whenever you right back.

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This we have only scratched the surface of today's show.

362
00:21:43.200 --> 00:21:46.400
Please stand by as Parry chief Dowler. We'll be right

363
00:21:46.559 --> 00:21:52.559
back with tax talk for you. As an owner operator,

364
00:21:52.720 --> 00:21:55.400
you already spend too much time away from your family.

365
00:21:56.160 --> 00:21:59.480
Trucker Tax Tools handles all your bookkeeping and taxes.

366
00:21:59.519 --> 00:22:01.400
No matter what level trucker you are.

367
00:22:01.720 --> 00:22:04.839
Life on the road can be taxing, but that doesn't

368
00:22:04.960 --> 00:22:08.240
mean that your wallet or time with your family should suffer.

369
00:22:08.839 --> 00:22:12.720
Trucker Tax Tools makes your life run smoothly. Go to

370
00:22:12.839 --> 00:22:15.599
Trucker tax Tools dot com for a free guide that

371
00:22:15.720 --> 00:22:19.279
will give you the tools to never worry about your

372
00:22:19.359 --> 00:22:23.920
taxes again. Call Trucker Tax Tools eight seven seven nine

373
00:22:24.039 --> 00:22:28.119
sixty six two four seven seven or go to Trucker

374
00:22:28.200 --> 00:22:31.720
tax Tools dot com now and let the experts keep

375
00:22:31.759 --> 00:22:37.480
you trucking. Let's get back to tax stock for you

376
00:22:37.720 --> 00:22:42.680
with more tax stock once again, here's your host, Barry G.

377
00:22:42.960 --> 00:22:43.319
Feller.

378
00:22:45.599 --> 00:22:48.519
Hey, welcome back. Kind of some of the news and

379
00:22:48.599 --> 00:22:53.359
downs of applying for penalty abatement. Yeah, as I said,

380
00:22:53.519 --> 00:22:56.799
sometimes that first time penalty abatement is really good in

381
00:22:57.480 --> 00:23:03.039
using that to obate some penalties. You can use it

382
00:23:03.240 --> 00:23:07.519
if it's you know, your first penalty and you're in compliance.

383
00:23:07.960 --> 00:23:12.000
They made granted over the phone, but a lot of

384
00:23:12.079 --> 00:23:15.559
times they're going to request that you do file that

385
00:23:15.839 --> 00:23:21.039
form eight forty three and to you know, request penalty

386
00:23:21.039 --> 00:23:24.839
abatement using reasonable cause, and you've got to put it

387
00:23:24.880 --> 00:23:30.279
in writing. You know, you've got to attach your evidence,

388
00:23:30.319 --> 00:23:35.599
your rationale to support what is your reasonable cause. Plane

389
00:23:37.000 --> 00:23:40.559
eighty three is preferable because if you change the minimum

390
00:23:40.680 --> 00:23:44.519
requirements to identify what penalties you're trying to debate, now,

391
00:23:44.559 --> 00:23:46.880
you're going to have to do this for every penalty

392
00:23:47.359 --> 00:23:50.000
that the i r S is charged. So if you

393
00:23:50.160 --> 00:23:53.240
have different years and you have the penalties out there, uh,

394
00:23:53.559 --> 00:23:56.640
they will require an eight forty three for each and

395
00:23:56.880 --> 00:24:00.480
every year and every form. If you get an adverse

396
00:24:00.599 --> 00:24:05.599
decision determination by the I r S, you can appeal

397
00:24:06.160 --> 00:24:10.960
the i r S denial of that penalty abatement. You know,

398
00:24:11.000 --> 00:24:13.720
if any of the criteria its own merits does not

399
00:24:13.839 --> 00:24:16.640
qualify for you an abatement, there are other reasons may

400
00:24:16.720 --> 00:24:20.000
be have been ignored. This occurs because the I r

401
00:24:20.160 --> 00:24:25.880
S uses guess what computers probably AI now assistant penalty

402
00:24:25.880 --> 00:24:32.480
abatement determination and it can be flawed. So based on

403
00:24:32.559 --> 00:24:38.000
that flowed tool. Using appeal of it is sometimes worthy.

404
00:24:39.359 --> 00:24:43.279
Make sure you're very clear specific on the circumstances that

405
00:24:43.359 --> 00:24:54.160
we're outside your control that caused the non compliance. You know, illness, incapacitation, lost, recordless, hurricane, fire,

406
00:24:54.640 --> 00:24:58.119
you name it. It could be the things out there,

407
00:25:00.359 --> 00:25:04.000
no jasper. Now see my lab's going crazy. There must

408
00:25:04.039 --> 00:25:08.720
be something outside the window and she's now going nuts.

409
00:25:10.079 --> 00:25:13.920
You got to show the timeline as well, and provide

410
00:25:14.160 --> 00:25:20.480
very specific and chronological uh chronology of the events for

411
00:25:20.559 --> 00:25:23.799
the time period of non compliance. You know, if you've

412
00:25:23.839 --> 00:25:27.880
got illness, show that doctors letter showing your incapacitation inability

413
00:25:27.920 --> 00:25:32.759
to perform normal support activities that gave you reasonable cause.

414
00:25:34.680 --> 00:25:42.880
Also show prior clients. IRS basically states they should use

415
00:25:43.000 --> 00:25:47.559
penalties to deter non compliance. Taxpayers should prepared to exploit

416
00:25:47.720 --> 00:25:52.519
the small amounts of prior penalties so you know they

417
00:25:52.599 --> 00:25:55.400
will make sure that you're going to be in compliance

418
00:25:56.000 --> 00:26:02.319
and then don't forget follow up. Sometimes I hate to

419
00:26:02.359 --> 00:26:05.279
tell you, things get lost at the i r S

420
00:26:06.799 --> 00:26:12.400
and sometimes your penalty abatement cannot be tracked within the

421
00:26:12.480 --> 00:26:15.400
I r S. You can't track it on I r S. Transcripts.

422
00:26:16.799 --> 00:26:20.720
You have to call the I R S and make

423
00:26:20.839 --> 00:26:26.960
sure that they all the information and make sure that

424
00:26:28.000 --> 00:26:33.599
they are following through with it. And if you are

425
00:26:33.759 --> 00:26:36.880
requesting penalty abatement and you have not paid the penalties,

426
00:26:37.359 --> 00:26:39.759
make sure you get some kind of cluction hold on

427
00:26:40.079 --> 00:26:44.599
your account while the abatement is being requested and worked

428
00:26:44.640 --> 00:26:49.319
on so that they don't come in levy your bank account. Now,

429
00:26:49.920 --> 00:26:52.480
there's a lot of don'ts that are out there, and

430
00:26:52.599 --> 00:26:55.119
we can kind of sum this up. As you know,

431
00:26:55.160 --> 00:26:59.359
they're saying, don't pay the penalty before requesting reasonable cause.

432
00:27:00.759 --> 00:27:02.880
You can go to a collection you know, don't do

433
00:27:02.960 --> 00:27:07.279
the collection process hearing because it's going to extend the

434
00:27:07.319 --> 00:27:12.000
step to limitations. But you can use it to thoroughly

435
00:27:13.279 --> 00:27:16.799
consider a penalty abatement and has a good chance of

436
00:27:16.920 --> 00:27:21.640
doing that only after you have exhausted using the eight

437
00:27:21.759 --> 00:27:28.640
forty three requesting that penalty company. Refreshing to hear hear

438
00:27:28.720 --> 00:27:32.200
our dog while talking about stress of ire as. I

439
00:27:32.359 --> 00:27:34.880
love dogs, man, We love our dogs. We see my

440
00:27:34.960 --> 00:27:38.519
border colleagues up here in the window. Her name is

441
00:27:38.599 --> 00:27:41.799
Albi and there's a long story behind that. Talking about

442
00:27:41.960 --> 00:27:46.000
dogs here real quick, My albi. I was actually out

443
00:27:46.240 --> 00:27:48.519
buying a cup of cattle and they had some Border

444
00:27:48.599 --> 00:27:51.240
collies and my wife said, oh, you can pick up one,

445
00:27:51.799 --> 00:27:54.640
and I said, well, I like two of them here.

446
00:27:54.759 --> 00:27:56.160
I was going to pick them both up. She said,

447
00:27:56.160 --> 00:27:59.400
not unless I get a puppy, and I laugh. And

448
00:28:00.000 --> 00:28:01.880
of course they had the border colleagues there where I

449
00:28:02.000 --> 00:28:05.440
was getting them, and they were giving them awaye and

450
00:28:05.920 --> 00:28:09.000
here bread, and she was going to help be an

451
00:28:09.000 --> 00:28:12.119
outside dog and chase my cattle and everything. Well you

452
00:28:12.160 --> 00:28:15.599
could tell she's in the house and having fun. And

453
00:28:15.720 --> 00:28:18.680
she doesn't chase my cattle because she's in the house.

454
00:28:19.160 --> 00:28:22.279
And that's my alibi. I named her alibi as a joke.

455
00:28:22.680 --> 00:28:25.640
And guess what, it's tough SEEA. Thanks for bringing that up.

456
00:28:25.720 --> 00:28:27.319
I mean, it's got to have a little bit of

457
00:28:27.400 --> 00:28:33.000
fun while we're talking our dogs out here seeing something

458
00:28:33.039 --> 00:28:34.519
out in the past year. I just don't know what

459
00:28:34.640 --> 00:28:41.119
it is. Anyway, I r S is going to reject

460
00:28:41.519 --> 00:28:46.640
your penalty abatement request. You're using your abatement that you

461
00:28:46.759 --> 00:28:51.599
based on reliance on a tax pro and or financial hardship.

462
00:28:52.039 --> 00:28:56.960
IRS has strong backing for these two decisions based on

463
00:28:57.119 --> 00:29:01.799
court rulings you're going to get a very quick determination

464
00:29:02.000 --> 00:29:06.759
letter saying it's been rejected, and you'll have very little

465
00:29:07.240 --> 00:29:13.240
appeal rights or consideration if you'll take that to appeals. Now.

466
00:29:13.839 --> 00:29:18.440
I also tell you that you can ask for penalty abatement,

467
00:29:18.839 --> 00:29:20.880
but you got to do it right in the right

468
00:29:20.920 --> 00:29:24.559
amount of time, during the right statute of limitations three

469
00:29:24.680 --> 00:29:27.400
years from when the return was filed or two years

470
00:29:27.440 --> 00:29:30.000
after the penalty was paid. In the past, the IRS

471
00:29:30.079 --> 00:29:35.720
sometimes allowed penalty fun past the expiration date. However, the

472
00:29:35.799 --> 00:29:39.319
IRS has corrected this and not going to allow that

473
00:29:39.559 --> 00:29:43.480
outside of the timeframes are met rejections. So you know,

474
00:29:43.599 --> 00:29:46.960
you kind of got to do things right. Don't expect

475
00:29:47.200 --> 00:29:51.920
anything to be done quickly. We have had penalty abatements

476
00:29:52.119 --> 00:29:55.880
be out there for six months, eight months, almost a year,

477
00:29:57.599 --> 00:30:01.839
and if they if they do abate the penalty, make

478
00:30:01.920 --> 00:30:05.720
sure they've abated it correctly by looking at your transcripts

479
00:30:07.279 --> 00:30:11.039
and you can verify that the penalty abatement, you know

480
00:30:11.240 --> 00:30:15.519
what's out there. If you go to appeals again, you're

481
00:30:15.559 --> 00:30:18.440
adding an under six to twelve months for that process

482
00:30:18.599 --> 00:30:23.799
to happen. It's amazing sometimes how slow the I R

483
00:30:23.960 --> 00:30:29.279
s can be when dealing with the type of things

484
00:30:29.400 --> 00:30:33.720
and the penalties and and relief for you and every

485
00:30:33.839 --> 00:30:39.559
taxpayer that's out there. So you know, if you do

486
00:30:39.759 --> 00:30:45.559
have penalties, I recommend you get some help using taxation solutions,

487
00:30:45.640 --> 00:30:49.480
tax relief or truck or tax tools. We can get

488
00:30:49.519 --> 00:30:52.920
holds placed on your account. We actually step in use

489
00:30:53.039 --> 00:30:56.680
with power of the attorney, and then we can put

490
00:30:56.720 --> 00:31:00.640
holds in place, working on the penalty abatement, even possibly

491
00:31:00.720 --> 00:31:03.920
work on a solution for you that could be just

492
00:31:04.000 --> 00:31:07.680
as good as getting the penaltiesbatements. Sometimes, you know, the

493
00:31:07.799 --> 00:31:10.359
things that we can put in place for you are

494
00:31:10.440 --> 00:31:14.119
solutions that you need to get your life.

495
00:31:13.960 --> 00:31:15.079
Back in order.

496
00:31:15.519 --> 00:31:18.119
Let's talk about small businesses and trucking. You know, when

497
00:31:18.160 --> 00:31:20.799
we start talking about and we were talking about penalties,

498
00:31:21.359 --> 00:31:23.559
one of the worst penalties that's out there. If you're

499
00:31:23.640 --> 00:31:26.359
running a business, even a trucking business, and you've got

500
00:31:26.480 --> 00:31:30.519
payroll is the payroll taxes. When you're not paying the

501
00:31:30.599 --> 00:31:35.880
payroll taxes or filing timely the payroll tax returns, you're

502
00:31:36.079 --> 00:31:41.680
going to get hit with penalties. And those penalties can

503
00:31:41.799 --> 00:31:45.440
be strong and severe, and it's good to have a

504
00:31:45.480 --> 00:31:48.039
guard dog that can you keep the irs so wait,

505
00:31:48.119 --> 00:31:50.519
maybe that's what's out there outside the gates, the irs

506
00:31:50.599 --> 00:31:53.759
coming after penalty. I don't have any, thank god, but

507
00:31:55.319 --> 00:32:00.640
you know, hey, we we help take care of your

508
00:32:00.720 --> 00:32:03.960
business and everything as far as penalties go. But if

509
00:32:03.960 --> 00:32:06.960
you missed peril tax payments and you're going to have

510
00:32:07.359 --> 00:32:10.240
you know the penalty of course late filing and not paying.

511
00:32:11.720 --> 00:32:14.079
But if the money stays out there long enough that

512
00:32:14.240 --> 00:32:16.759
iron this is going to come after you as the

513
00:32:16.839 --> 00:32:23.559
business owner or signer on checking account for trust fund

514
00:32:23.559 --> 00:32:26.599
penalties and trust fund PENALTI is going to be severe.

515
00:32:27.039 --> 00:32:29.519
Talk about how severe it is. We get to talk

516
00:32:29.519 --> 00:32:33.559
about that right after this break, So stay tuned. Let's

517
00:32:33.599 --> 00:32:35.720
talk about trust fund penalties and how to get away

518
00:32:35.720 --> 00:32:36.559
from right after that.

519
00:32:37.640 --> 00:32:41.279
We have only scratched the surface of today's show. Please

520
00:32:41.359 --> 00:32:44.519
stand by as Barry Chief Dower will be right back

521
00:32:44.680 --> 00:32:50.440
with tax talk for you. As an owner operator, you

522
00:32:50.759 --> 00:32:54.119
already spend too much time away from your family. Stop

523
00:32:54.240 --> 00:32:57.799
spending time doing paperwork. Go to truck or tax tools

524
00:32:57.839 --> 00:33:02.519
dot com, a solution filts specifically for truckers. Trucker tax

525
00:33:02.640 --> 00:33:08.920
toools dot com makes your life run smoothly. Let's get

526
00:33:09.000 --> 00:33:12.039
back to tax talk for you with more tax talk

527
00:33:12.599 --> 00:33:15.599
once again. Here's your host, Barry G.

528
00:33:15.839 --> 00:33:19.039
Fallam aver Rat.

529
00:33:19.200 --> 00:33:22.799
Hey love to hear things from people, and that people

530
00:33:22.839 --> 00:33:25.880
are listening, Jesse, Yes, I know you love to hear

531
00:33:25.960 --> 00:33:32.880
stories like our dog stories and cattle stories. That is cool. Yeah.

532
00:33:33.119 --> 00:33:37.720
I like the name for our puppy, Alibi. You know,

533
00:33:38.079 --> 00:33:40.400
my daughter gave me a hard time because I was

534
00:33:40.480 --> 00:33:43.359
talking to her on driving back from picking up the

535
00:33:44.000 --> 00:33:47.680
two calves and I told her that I named her Alibi,

536
00:33:47.799 --> 00:33:50.839
and she's like, oh, that is a crazy name. Well

537
00:33:50.880 --> 00:33:53.839
guess what we got home. My daughter saw the puppy

538
00:33:54.279 --> 00:33:56.079
said oh, she's got to have one of her own.

539
00:33:56.240 --> 00:33:59.559
So we actually went back and picked up her brother

540
00:34:00.160 --> 00:34:04.359
and my daughter decided to name hers Rooster. No, it's

541
00:34:04.440 --> 00:34:08.360
not a chicken, it's a dog. He's a great, great

542
00:34:08.400 --> 00:34:11.159
puppy and he's been fantastic and everything.

543
00:34:11.679 --> 00:34:11.880
Yeah.

544
00:34:12.000 --> 00:34:15.840
But hey, if you had our services, would be covered

545
00:34:15.880 --> 00:34:20.039
for any penalties. Well, if you fail to pay, you're

546
00:34:20.079 --> 00:34:25.000
not covered. If we fail to file, because you signed

547
00:34:25.079 --> 00:34:27.360
your returns and you did the things that we've asked

548
00:34:27.400 --> 00:34:30.440
you to do, then the failure to file penalty would

549
00:34:30.480 --> 00:34:33.519
fall on us. If we do stuff wrong, I mean

550
00:34:33.599 --> 00:34:36.239
we guarantee the accuracy. As long as you provided us

551
00:34:36.320 --> 00:34:40.320
all the information, then you're covered for you know, those

552
00:34:40.559 --> 00:34:43.199
kind of penalties. If you fail to give us stuff,

553
00:34:43.239 --> 00:34:47.079
there's nothing we can do regards to that. If you're

554
00:34:47.119 --> 00:34:50.760
doing payroll with us, we make sure everything is filed timely,

555
00:34:50.880 --> 00:34:55.000
in and correctly. If you balance your payments, hey, I'm

556
00:34:55.039 --> 00:34:58.039
not here to cover your money. You've got to make

557
00:34:58.119 --> 00:35:00.639
sure that you've got money in the account. Pay the

558
00:35:00.719 --> 00:35:04.079
payroll taxes as you go through. Now we talked about

559
00:35:04.159 --> 00:35:08.599
the bad things in penalties, and we're talking about small business.

560
00:35:08.679 --> 00:35:12.000
Whether you're a truck or and you're running payroll or

561
00:35:12.039 --> 00:35:15.280
your small business and have payroll, not paying those payroll

562
00:35:15.360 --> 00:35:19.199
taxes can become deadly for you and any other owner

563
00:35:19.360 --> 00:35:22.679
in the business or manager if they're a signer, because

564
00:35:22.719 --> 00:35:25.360
when the IRS hits you with trust fund, trust fund

565
00:35:25.559 --> 00:35:29.639
is simply the amount of money you withheld from your

566
00:35:29.760 --> 00:35:34.079
employees check or payroll. So the federal withholding Social Security

567
00:35:34.239 --> 00:35:38.320
and Medicare on the employee side can be charged to

568
00:35:38.719 --> 00:35:43.639
any person of responsibility in the company, and the IRS

569
00:35:43.920 --> 00:35:49.719
will assess those trust fund penalties, the civil penalty that

570
00:35:50.000 --> 00:35:53.400
you will have to pay. Now they hit you with

571
00:35:53.519 --> 00:35:57.559
that on the person's side, and everybody else responsible. The

572
00:35:57.760 --> 00:36:00.239
really bad part is is that if you have an

573
00:36:00.239 --> 00:36:03.559
employee who is a signer on a checking account and

574
00:36:03.760 --> 00:36:07.199
you don't pay the trust fund penalties, they can be

575
00:36:07.360 --> 00:36:11.599
hit with trust fund penalties as well and in collect

576
00:36:11.679 --> 00:36:15.840
from them. Kind of amazing out here. Yeah, I've still

577
00:36:15.880 --> 00:36:18.440
got dogs going crazy. There's nothing I can do about it,

578
00:36:18.440 --> 00:36:22.280
and I'm sorry making noise back there, but hey, got

579
00:36:22.400 --> 00:36:27.000
to love them. You know, We've got four dogs here

580
00:36:27.039 --> 00:36:30.400
in the household, and three of them decided they want

581
00:36:30.440 --> 00:36:33.440
to make noise while I'm out on radio. So hey,

582
00:36:33.519 --> 00:36:37.559
we're having fun and talking and talk through them. Can

583
00:36:37.639 --> 00:36:41.239
we get penalty abatement on trust fund penalties? Yes, we can.

584
00:36:41.599 --> 00:36:43.119
As a matter of fact, a lot of times what

585
00:36:43.280 --> 00:36:46.800
we've done is has gotten penalty abatement for people that

586
00:36:46.920 --> 00:36:51.280
are not really in position of responsibility, and we find

587
00:36:51.400 --> 00:36:54.880
ways to get around. Also, we want to look at

588
00:36:55.280 --> 00:36:59.679
very carefully, is you know what can we do to

589
00:37:00.000 --> 00:37:03.159
event this on your side? And sometimes it is making

590
00:37:03.280 --> 00:37:05.519
sure that you've paid the trust fund part of the

591
00:37:05.559 --> 00:37:09.679
penalties off, the trust fund taxes off, and that the

592
00:37:09.800 --> 00:37:15.119
IRS applies it correctly so that they cannot assess the

593
00:37:15.119 --> 00:37:17.920
trust fund penalty. We had a client who owed a

594
00:37:17.960 --> 00:37:22.119
considerable amount of taxes and had one year that they

595
00:37:22.159 --> 00:37:25.800
were going to hit asorbitly trust fund penalties, and we

596
00:37:25.960 --> 00:37:28.119
managed to get them to pay off the trust fund

597
00:37:28.119 --> 00:37:34.039
portion of the tax that applied correctly and then avoided

598
00:37:34.119 --> 00:37:38.960
that whole trust fund of it. The revenue officer who

599
00:37:39.079 --> 00:37:42.000
was dealing with us was disputing me and arguing with

600
00:37:42.119 --> 00:37:44.840
me that we couldn't do that. Went straight to the

601
00:37:44.960 --> 00:37:49.159
manager and we made the payment listed as strictly as

602
00:37:49.920 --> 00:37:52.920
for the trust fund portion of the taxes and got

603
00:37:53.440 --> 00:37:58.480
away from having that trust fund penalty assess our clients.

604
00:37:59.840 --> 00:38:01.800
And there were two partners in this business, and it

605
00:38:01.920 --> 00:38:05.039
was a significant amount that we were able to avoid.

606
00:38:05.519 --> 00:38:08.679
They were also trying to assess trust funds that were

607
00:38:08.760 --> 00:38:11.800
outside of the statute to be able to do it,

608
00:38:12.360 --> 00:38:15.480
and we were able to get those trust funds penalties

609
00:38:15.599 --> 00:38:18.960
avoided as well. So if you're running up against trust

610
00:38:19.000 --> 00:38:22.360
fund penalties or have payroll taxes, do hey feel free

611
00:38:22.440 --> 00:38:23.800
to give us a call it eight eight to eight

612
00:38:23.960 --> 00:38:26.960
nine three zero one zero one six again eight eight

613
00:38:27.079 --> 00:38:30.679
eight nine three zero one zero one six, Hey, Robert,

614
00:38:31.079 --> 00:38:36.480
great question, truckers. Do all truckers have payroll? No, not,

615
00:38:36.760 --> 00:38:39.760
every trucking company has payroll. If you are a schedule

616
00:38:39.880 --> 00:38:43.239
see filer and you're the only person working, you should

617
00:38:43.320 --> 00:38:47.320
not have payroll, even for your help. Now, if you

618
00:38:47.480 --> 00:38:50.320
were an escort and you're the only driver, yes, you

619
00:38:50.480 --> 00:38:54.639
have to have reasonable wages paid through payroll. Means you

620
00:38:54.800 --> 00:38:57.719
collect you know, the payroll taxes and submitted and filure

621
00:38:57.800 --> 00:39:02.880
ninety W twos every single year. We help tuckers through

622
00:39:02.960 --> 00:39:06.559
this problem many many times. Make sure your company is

623
00:39:06.599 --> 00:39:09.800
set up right, make sure you're reading your e. I N. Letter,

624
00:39:10.360 --> 00:39:16.519
and make sure the taxes are correctly. Hey, Charlie, your

625
00:39:16.639 --> 00:39:19.400
cat firson man, I'm not allowed to say things about cats,

626
00:39:19.440 --> 00:39:22.599
but I do have a couple of barn cats. They're

627
00:39:22.639 --> 00:39:26.719
working cats, and so I come because they do work

628
00:39:26.760 --> 00:39:30.320
in the barn and keep the mice away, usually sometimes

629
00:39:30.360 --> 00:39:33.320
ear late the rest of my pasts. My dogs are

630
00:39:33.360 --> 00:39:37.239
always inside and get to enjoy branch with me. So

631
00:39:38.239 --> 00:39:40.159
it's really good. It's it's one of these days I'm

632
00:39:40.159 --> 00:39:42.639
working from home. I said, I've got a little bit

633
00:39:42.679 --> 00:39:45.800
of ranching to do here today and meet birds to

634
00:39:45.840 --> 00:39:49.559
get over to the processor and pick up the picture

635
00:39:49.679 --> 00:39:53.920
of the butcher as well. So you know, I have

636
00:39:54.039 --> 00:39:55.800
a little bit of a long work day out here,

637
00:39:56.000 --> 00:39:59.719
but it'll be good. And I'm actually enjoying from home

638
00:40:00.039 --> 00:40:03.599
than my dogs being a little bit crazy today. And

639
00:40:03.800 --> 00:40:06.079
normally if I did this from home, they haven't been

640
00:40:06.159 --> 00:40:08.920
that bad today. I decided to leave here out in

641
00:40:09.000 --> 00:40:12.440
the living room and guess what we get to an appointment?

642
00:40:12.880 --> 00:40:17.199
You know, it is what it is, Hey, One thing

643
00:40:17.199 --> 00:40:19.519
I'm going to tell you about truck trucking is a

644
00:40:19.559 --> 00:40:24.840
specialized business and in trucking in itself, you need somebody

645
00:40:24.920 --> 00:40:28.000
that's going to prepare your taxes through your bookkeeping and

646
00:40:28.159 --> 00:40:29.920
keep you on the straight and narrow, and that's what

647
00:40:30.039 --> 00:40:35.159
Trucker Tax does. Trucker Tax tools dot Com very low pricing,

648
00:40:35.239 --> 00:40:40.000
We started twenty five week for your bookkeeping, and you know,

649
00:40:40.119 --> 00:40:45.199
we help take care of you in your business. Make

650
00:40:45.280 --> 00:40:50.800
sure we're finding every single tax deduction and make sure

651
00:40:51.039 --> 00:40:55.119
that you know, minimizing the taxes that you pay to

652
00:40:55.199 --> 00:40:58.000
the I r S, which is what our ultimate goal

653
00:40:58.119 --> 00:41:00.400
is to pay is very little to the eye RS

654
00:41:00.559 --> 00:41:05.239
as possible, maximize the amount of money that you're Hey,

655
00:41:05.239 --> 00:41:06.920
I had to realize my dogs are going to be

656
00:41:07.000 --> 00:41:10.639
such a hit today, you know, Brenda. Yeah, doggies are

657
00:41:10.679 --> 00:41:13.840
getting fifteen minutes of fame. I'm glad you love to

658
00:41:13.880 --> 00:41:17.519
hear them. I wish I was having fifteen minutes of fame.

659
00:41:17.920 --> 00:41:21.199
I get to be on here for an hour, and

660
00:41:21.280 --> 00:41:24.119
then tomorrow I'm going to be on as the experts.

661
00:41:24.480 --> 00:41:27.960
It's at ten am Eastern Time on W four c

662
00:41:28.199 --> 00:41:30.679
Y Radio. So but I won't be doing that one

663
00:41:30.719 --> 00:41:33.559
from home, so we won't have the dogs. I will

664
00:41:33.639 --> 00:41:40.920
be at our headquarters here in Cyprus, Texas and there

665
00:41:41.000 --> 00:41:45.800
at the Truck Tax Tools Taxation Solutions offices, so it'll

666
00:41:45.800 --> 00:41:48.639
be a little bit quieter. Maybe my staff will be

667
00:41:48.719 --> 00:41:50.599
barking at me because I haven't been there today and

668
00:41:50.639 --> 00:41:52.920
I'm not doing work. But hey, that would be a

669
00:41:52.960 --> 00:41:56.320
whole different story, wouldn't it. We could have a little

670
00:41:56.360 --> 00:41:58.559
fun with that. Maybe I'll get one of the staff

671
00:41:58.599 --> 00:42:05.440
to park outside were there and our fun. Hey, every

672
00:42:05.599 --> 00:42:08.159
you turned in and after your friend told you you

673
00:42:08.199 --> 00:42:13.559
could hear things today, my puppies erected to be louder

674
00:42:13.639 --> 00:42:19.119
for you. Amer uh. Hey, thanks for the shout out there.

675
00:42:19.280 --> 00:42:22.400
Good tax advice here as well. Turn in every week.

676
00:42:22.639 --> 00:42:24.679
I don't have buckets every week, but if it brings

677
00:42:24.760 --> 00:42:27.280
more people in the show, I may have to have

678
00:42:27.360 --> 00:42:30.639
it here with puppies around making noise. You know, every

679
00:42:30.719 --> 00:42:34.519
week you can tune into tax Talk for you every

680
00:42:34.760 --> 00:42:41.320
Monday ten eight Eastern time radio. Uh, dogs are just

681
00:42:41.440 --> 00:42:46.320
going crazy here. I'm sorry about that, both of you

682
00:42:46.559 --> 00:42:48.880
trying to listen at home and listen through the buck

683
00:42:48.960 --> 00:42:53.719
of the dogs. Hey, you know one thing I want

684
00:42:53.719 --> 00:42:57.079
to say. I know this weekend was probably a very

685
00:42:57.159 --> 00:43:01.400
stressful weekend and things that have happened here in the

686
00:43:01.519 --> 00:43:04.719
United States and over in Iran and and everything else.

687
00:43:05.119 --> 00:43:09.119
God bless our bless our military, and God bless our president.

688
00:43:10.599 --> 00:43:12.719
You know, the things that our military does for us.

689
00:43:13.719 --> 00:43:17.760
You can never tell them thank you enough for their

690
00:43:18.159 --> 00:43:24.639
advice and putting their country ahead of their family. And

691
00:43:24.800 --> 00:43:28.519
we do appreciate it. You know. We send out our

692
00:43:29.239 --> 00:43:35.599
thanks to our great to military that's out there, you know,

693
00:43:35.840 --> 00:43:39.400
and our prayers to their family. I know it's probably stressful,

694
00:43:39.400 --> 00:43:43.719
and it's now a stressful time. Everybody can can feel

695
00:43:43.880 --> 00:43:49.199
the stress and the air over the things that have happened.

696
00:43:49.239 --> 00:43:52.079
The best thing we can do is continue to enjoy

697
00:43:52.320 --> 00:43:55.679
our freedom, our love of the country and our love

698
00:43:55.760 --> 00:44:03.119
of God with every person out there. Uh he again,

699
00:44:03.440 --> 00:44:06.280
don't miss an episode here. You can go to Facebook

700
00:44:07.239 --> 00:44:09.960
follow us there so you don't miss a single episode.

701
00:44:10.719 --> 00:44:16.440
You don't see the wonderful background of dogs barking or whining.

702
00:44:17.559 --> 00:44:19.079
She may want to go out, so I'm going to

703
00:44:19.119 --> 00:44:22.000
have to let her out right after the show. Maybe

704
00:44:22.079 --> 00:44:25.519
next time I'll introduce you my favorite dog Jaspberry or

705
00:44:26.239 --> 00:44:30.400
Speedy and you know the ones right now to the

706
00:44:30.480 --> 00:44:34.760
points here again every Monday ten at some time on

707
00:44:34.960 --> 00:44:39.199
Tax Off or you and the four CUY Radio two like,

708
00:44:40.599 --> 00:44:43.840
follow us online and we will see you next week.

709
00:44:43.920 --> 00:44:45.800
Have a godless glorious week.

710
00:44:47.559 --> 00:44:50.679
Are you an individual or business that wants to understand

711
00:44:50.800 --> 00:44:54.079
taxes and how they affect you? Are you looking for

712
00:44:54.239 --> 00:44:58.440
specific tax advice for self employed business.

713
00:44:58.079 --> 00:44:59.639
Owners and truckers.

714
00:45:00.239 --> 00:45:04.239
Are you behind on taxes and your bookkeeping? Are you

715
00:45:04.400 --> 00:45:08.360
dealing with dirs and ready to have some relief? Then

716
00:45:08.480 --> 00:45:12.119
you need Tax Talk for you, hosted by tax and

717
00:45:12.280 --> 00:45:14.239
trucker expert Barry G.

718
00:45:14.559 --> 00:45:15.400
Fowler EA.

719
00:45:15.800 --> 00:45:19.559
Tune in ten am Eastern time every Monday right here

720
00:45:19.639 --> 00:45:23.119
on W four CY Radio and Talk for TV. Don't

721
00:45:23.199 --> 00:45:26.920
forget to check this and past episodes at tax TALKFORU

722
00:45:27.400 --> 00:45:27.920
dot com.

723
00:45:28.639 --> 00:45:31.960
See you next week at W fourcy dot com.