When working to resolve a back-tax debt financial forms, called Collection Information Statements, are necessary to provide the IRS with information. These Forms vary and are used for different purposes. In this episode Eric explains which of the forms you need when resolving a tax debt, why you need them and in what circumstance do you need both.
The goal for all professionals is to provide a perfect product, but being human, mistakes sometimes get made. In this episode Eric walks through what happens when mistakes do happen and how to handle them like a pro, take ownership and fix the problem, and actual stories of what happens when other “professionals” don’t act so professional.
The client’s case gets resolved and off they go, yet the IRS keeps mailing you notices. Reminders of balances due, annual updates, they took the refund, etc. Or worse, the client decides they don’t feel like paying you and simply stops paying. How do you get rid of this dead-beat? Join Eric Green in this episode so he can explain exactly what you need to do to pull the Power-of-Attorney and stop the government’s colossal waste of resources mailing you letters you neither want nor intend on keeping?
In this episode Eric explains what it means to be “all in” and why it is so important for you and your practice.
When taxpayers borrow money from family, there is a critical mistake made that could come back to haunt both the taxpayer and the family member that loaned the money. In this Episode Eric explains the issue and why every parent who lends their child money for their business should consider filing a lien to protect their loan and their child!
How do you make money at tax resolution? You charge for your services and expertise, of course. But how much, and in what way? In this Episode Eric explains the various services you should be providing to your clients and how exactly to charge for your services.
In this episode Eric explains what to do when the IRS sends the Notice of Deficiency, also known as the “90-day letter”. Whether because the client failed to respond and now shows up with the letter in-hand, or the IRS issued the letter too early, the taxpayer now has an issue that needs to be handled. The case is not lost, nor is it necessary to get a lawyer. You simply need to know what to do to get that case over to Appeals where it belongs. Eric will explain how.
It is amazing how often client’s take the “ostrich” approach to their tax problems: ignoring it and until it hopefully goes away. Generally, the tax issue does not vanish on its own. Eric explains in this episode why it is so important to open and read the letters from the IRS, what they mean, and how to respond properly to give yourself the best opportunity to resolve the matter without enforcement action (i.e. tax levies).
So, what do you do when the client has no documents? Fear not, Eric explains in this Episode what to do to support the numbers on the returns, and the process of forensically recreating the support needed to satisfy the IRS.
In this episode Eric explains the ins-and-outs of dealing with an IRS Notice of Federal Tax Lien, including withdrawal, discharge and subordination.
PROGRAM SCHEDULEBe sure to sign up for our exclusive workshops!
How to Win an Innocent Spouse Case: The Workshop
July 21, 2020 | 1pm-5pm | Live Webinar
BACK BY POPULAR DEMAND!
Payroll Tax Train Wreck: The Ultimate Payroll Tax Resolution Workshop
July 23, 2020 | 1pm-5pm | Live Webinar
What are people saying about Eric Green's training?Dawn B. - “The representation side of my practice has just exploded thanks to Eric. I have added staff and now focus my business on much more lucrative representation matters. There is no way this would have happened without his expertise...”
Stan F. – “I just wanted to say thank you for today’s webinar. I have been doing taxes for 19 years and this was by far the best training that I have ever attended, and I attend a lot.”
Jack B. – “As a retired Revenue Officer and now an enrolled agent, your presentation was outstanding. The handout package was very well done.”
Stephen M. – “Best back tax seminar I have attended. Expertise is superior and very clear and useful. Thanks!”
Hector H. – “Eric Green is a great speaker, and offers an excellent well-rounded seminar!”