What happens when a tax expert starts by confessing their tax nightmare? In this eye-opening episode of "The Academy Presents Real Estate Investing Rocks," host Angel welcomes Carlos Samaniego, an Enrolled Agent (EA) who specializes in helping people resolve their IRS problems. Carlos shares his remarkable personal journey from tax evader to tax expert, revealing how his eight-year battle with unresolved tax issues led him to his current mission of helping others. The conversation provides valuable insights into what happens when you ignore tax problems, the powers the IRS has to collect debts, and practical advice on how to address tax issues before they spiral out of control.

 

 

[00:01 - 04:22] From Tax Nightmare to Tax Hero

• Carlos explains an EA "fights the IRS for a living"
• His specialty is helping non-filers and those with significant tax debt
• He positions himself as the "superhero" protecting clients

 

[04:23 - 08:00] Bad Advice Creates Tax Chaos

• One piece of bad advice about exemptions created years of tax problems
• Bigger paychecks led to spending rather than saving for taxes
• Eight years of unfiled returns led to six-figure tax debt

 

[08:00 - 12:05] Marriage and Money Secrets

• Carlos married without disclosing his tax problems
• Tax issues are often kept secret, even from family
• Finding professional help became his turning point

 

[12:06 - 16:34] Personal Struggles to Professional Purpose

• Carlos and his wife now run Tax Debt Consultants
• Sharing his story actually helped his business grow
• Financial issues often stem from fear, not malice

 

[16:35 - 19:48] IRS Collection Powers Explained

• The critical difference between tax liens and levies
• Self-employed people face 100% income seizure risk
• IRS collections have resumed after the COVID pause

 

 

 

Connect with Carlos:

 

Website: https://www.taxdebtconsultant.com/

 

 

Key Quotes:

 

"Having a tax problem is one of the biggest secrets that exist." - Carlos Samaniego

 

"You're not a bad person, but you made a stupid decision. But the good thing is that you've realized that and we can fix that problem." - Carlos Samaniego

 

 

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