#535 Can't Pay Your Taxes By October 15th? Here's What To Do

Main Street Business

Mark J Kohler and Mat Sorensen

Management, Tax Tips, Entrepreneurship, Accounting, Business, Business Structure, Estate Planning, Tax Reform, Legal Compliance, Tax Prep, Tax Strategies, Financial Reporting, Irs Updates

4.8 • 584 Ratings

🗓️ 11 October 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of the Main Street Business Podcast, Mark J. Kohler welcomes Farah Saleh to dive deep into IRS debt resolution strategies. Learn why non-filing is far more dangerous than non-payment, and discover key strategies to resolve debt, from installment plans to creative solutions like leveraging personal assets. Whether you're facing liens, levies, or just seeking relief, this episode provides actionable steps to stay compliant and get back on track. Here are some of the highlights: ...

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Main Street Business Podcast with your distinguished hosts, Mark J. Kohler and Matt Sorensen.
0:05.5	Both are best-selling authors and have over 25 years of industry experience with 10,000 client consultations,
0:12.3	making them the leading tax and legal experts in the nation.
0:16.1	Together, they'll unpack the most complex tax, legal, and financial strategies,
0:20.6	crucial for saving more,
0:22.1	stressing less, and building generational wealth. Today, they're your personal advisors, ready to break
0:28.7	it down for you and make the tax and legal game easier than ever. Here is Mark and Matt.
0:34.3	People don't actually know this, but sometimes the IRS will actually go on
0:37.8	taxpayer social media accounts if they're public and they could actually identify assets through
0:43.1	there. I had a client, this is about 10 years ago, and the IRS was going after them hard. And he
0:50.0	had called trying to get help to fight the IRS. And I'm like, I don't know.
0:55.1	Let's see what we got here.
0:56.7	I think we did an engagement letter, sent in some money, and we started having a couple
1:00.5	conversations.
1:01.4	But I was only into this maybe a couple weeks, just kind of assessing the situation.
1:05.5	All of a sudden, the IRS CID started following me on my Instagram.
1:12.1	Oh my gosh.
1:13.5	I know.
1:13.9	And I was like, holy crap.
1:22.5	Welcome everybody to the Main Street Business Podcast.
1:25.1	My name is Mark Kohler.
1:26.3	My regular co-host, Matt
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Mark J Kohler and Mat Sorensen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Mark J Kohler and Mat Sorensen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.