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Epic Real Estate Investing

How to Remove an IRS Levy or Garnishment | 503

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 23 October 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Learn what Uncle Sam doesn't want you to know and remove an IRS levy! Find out why you should write that big check to Uncle Sam right now, how to remove an IRS levy and get the money back, and why you should have a tax advocate when ceasing a levy. 

Transcript

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0:00.0

Hey, welcome to another episode of Tax Hacker Tuesday.

0:02.8

And just a quick note, before we get on on the show,

0:05.2

a quick note about paying less to Uncle Sam this year,

0:08.9

waiting until April 14th,

0:11.3

that's not the time to do it. There's nothing you can do. There's nothing

0:15.0

your CPA or tax prepare can do at that point. And December 31st, that's not the time to do it

0:20.4

either. It's too late. Besides, your CPA will probably be ringing in the new year and not picking up the phone on December 31st.

0:27.0

So if the thought of writing that big check to the IRS is as nauseating to you as I remember it being for me, then the time to deal with

0:36.8

it and minimize the amount that you have to pay, that time is right now.

0:41.5

I mean we're in the fourth quarter.

0:43.5

Tax planning needs to happen right now.

0:46.8

I mean, consider this.

0:48.2

If I offered to give you $2,000, I've got $2,000 in my hand and I offered to give it to you for $1,000, meaning you give me

0:59.2

1,000, I give you 2,000 back. Would you make that trade? Of course you would. You double your

1:06.8

money with that simple exchange, right? That's what we call a no-brainer. Well, that's the very

1:12.2

offer that Tim Barry has been extending to you all year long with the

1:15.8

Tax Hacker Blueprint.

1:17.8

Normally $3,000 a year for this level of planning and consulting that he's offering, and the

1:22.3

introductory offer is half off just

1:24.5

fifteen hundred dollars and if Tim and his team can't save you at least double that

1:29.4

then it's free you pay nothing so go to tax.com, grab Tim's free book on how to navigate the

1:35.0

loopholes in Trump's new tax plan. You're going to need that. And after, you'll have an opportunity

...

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