Talks with The Tax Cop

Season 2, Episode 10 - What If I Ain't Got No $$$ To Give?


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Hey Tax Cop Crew!! Welcome to another episode of Talks with The Tax Cop. In this week's epidose we are trying something a little new and introducing segments to the podcast so that we can get things more streamlined and systemized for you.

Of course I am going to start with an Intro so those of you who are new to the Tax Cop Crew can learn a little bit more about what this podcast is actually all about and learn more about yours truly to see if you wanna stay around and be part of the crew. (We definitely want to you to stay as part of the crew.

Then we go into our Audit & Awe segment of the podcast where we bring to your attention those things that you need to watch out for when it comes to all things that could be open for an Audit and sprinkle a little wonder and awe as to how you can best prepare to get yourself out of the situation if you ever find yourself facing a notice from the IRS or your State Comptroller. This week's focus is on GAMBLING WINNINGS & LOSSES and how they werk together. Let us know what you think after listening.

Our next segment for this week is called Balancing the Beat. This week, I am going to continue our series where I am breaking down the tax remedies that are available to you if you have a balance due and you can't pay the balance due in full. Now these remedies are focused on what happens at the Federal level with the IRS, but a lot of these remedies can still be applied at the State level (depending on your State). This week's remedy is none other than Currently Non Collectible (CNC). All information was obtained from the TaxPayer Advocate. Y'all know how I feel about going directly to the source to get your information.

During our discussion one of my favorite IRS tools was discussed so I wanted to give you a direct link to where I tell ALL my clients to go to see for themselves how much they should be withholding for the upcoming tax year: IRS Withholding Calculator.

Then we close you out for the week. Let us know which segement was your favorite and we are looking forward to any and all feedback to continue to provide you the information and the interviews you wanna hear and see on this podcast.

Until next week...

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