Mayhem on Main Street

Panic Button: As I’m sure you’re all aware, the economy isn’t looking very good right now. In fact, after the $700 Billion Dollar Bailout was kicked out of the House on Monday, things look even worse. Somehow, a large panic button was hit this week and it looks like if we don’t do something fast, the American economy will swallow itself whole.

Absolute Madness! It’s nearly impossible to get credit anywhere, and people are getting a little stir crazy about their money being in banks. The country lost $1.2 Trillion dollars in Market Value on Monday, and monumental, decade-old companies are dropping like flies. It’s hard to find hope anywhere right now. But what does this have to do with the IRS?

Hand it Over! The last thing you need right now is the IRS breathing down your neck. I hate to be the bearer of bad news, but the IRS is still hiding in the shadows, waiting to strike. Everyone is stressed to the max about money and the IRS is no exception. They’re going to do whatever it takes to get their money. And you may be thinking “but with the way the economy is right now…” I hate to say it…but the IRS doesn’t care.

Let Me Help: Now is a better time than ever to address any IRS debt you have. Get it knocked out now while you can, because it may get harder and harder as time passes this year. Don’t hesitate to call me or e-mail me if you have any questions.

Last but not least!

Today’s Question: Are you for the $700 Billion Dollar Bailout Bill? If so, explain why. If not, give your thoughts on an alternative.

Now you have the Smoking Gun…Use It!

Trying Something New

Remember This? I’m sure all of you remember the Stimulus Checks that were sent out this year. In fact, the IRS has issued $93 billion in economic stimulus payments to 114.8 million individuals and families. But if you can believe it, some people still haven’t gotten theirs. Actually, some people haven’t even filed so that they can get the check! If nothing else, the stimulus check should be a good enough reason to get your taxes filed!

Make Your Move: The deadline for filing and still having eligibility to receive the economic stimulus package is October 15^th. That means if you haven’t filed yet, you should. And, if you have filed and you haven’t received your check yet, get in touch with the IRS before it just disappears! You can check the status of your check on www.irs.gov or you can call them at 1-866-234-2942. After selecting English or Spanish, press “2” to get info on your check.

Why aren’t you Filing? I know why most of you aren’t filing; you’re afraid you’re going to owe. I understand that it can be scary…you think that if you owe you aren’t going to able to pay it back. Well I’ll be the first to tell you, not filing is probably the worst thing you can do. The IRS will hunt you down and make you pay either way, so you may as well face the music.

Bitter Sweet: Not to mention, it may not sound like good news, but your economic stimulus will go toward anything you owe. You may break even, which is better than owing for sure. The most important thing is that you file any years you have missed. If you need any help with that, or you have any questions, you can shoot me an e-mail at irs-hitman@taxdefensenetwork.com

Otherwise! Make sure you get that stimulus check! The government doesn’t give out money very often, so take advantage while you can. Remember, the deadline is only two weeks away.

One More Thing: I’ve decided to try something new. From now on, each time I post I will be posting a question of the day at the bottom of the post. You can respond in comment form, or e-mail form.

Today’s Question: What are your thoughts regarding the Minnesota Reverend and Pastor whose words this Sunday sparked an issue with Federal and Tax Law?

Now you have the Smoking Gun…Use It!

Whew!

This week was one of the busiest I’ve had all year. Between managing the blog, writing articles, and resolving tax issues, it’s hard to find a second to breathe. I hope that everyone is ready for a relaxing weekend full of family, friends, and fun.

Next week, I’m hitting the bricks harder than I ever had. They’ll be more articles, more blog posts, and more taxpayers helped than ever before. And to be honest; I can’t wait!

See you all next week!

-The IRS-Hitman

$700 Billion Dollar Bailout: What This Means for Taxpayers

$700 Billion!? Some people are calling the $700 Billion Dollar Bailout proposed by President Bush “ridiculous” and “un-American.” But while the Political Parties fight out over who’s right or wrong, the IRS still looms over the country with a menacing grin, and an empty conscience. They know exactly what this may do to the economy, and they are ready to strike.

Hit ‘em when they’re down: That may as well be the IRS’s motto. They know exactly how bad the economy is and they know just how much money is owed to them in back taxes. If you’re concerned about this bailout, remember that it won’t belong before the IRS is banging down your door. This is the best time for the IRS to attack because everyone is already worried about finances, so they’re more likely to just roll over and say “Uncle.” Or in this case, “Uncle Sam.”

Throw in the Towel: It may seem like the easiest solution. You might say to yourself, “Oh well, I owe the money so I might as well just set up a payment plan.” But what happens if the economy gets worse, you lose your job, and you default in the Installment Agreement? Now what? Penalties and Interest through the roof! Not to mention, you don’t even know if you might qualify for other programs!

Talk to Me: if you owe the IRS, and you’re worried about everything that’s going on in the economy, you’re first course of action is probably to bury your head in the sand like an ostrich. But I want you to know that you can talk to me. That’s why I stopped working for the IRS; I want to help. Send me an e-mail, fill out my form, and give me a call. One way or the other, I’m going to tell you what’s best for you.

Don’t be Afraid: Easier said than done I know. But in times like these, the best thing to do is charge this headfirst. Stick to your guns and don’t let the IRS push you around. And remember, if you have any questions, you can contact me.

Now you have the Smoking Gun…Use It!

IRS Tax Evasion- Wesley Snipes Can't Dodge Taxes, Neither Can You

Invincible? The IRS extends special treatment to no one. Famous movie star Wesley Snipes was charged with Failure to File Tax Returns from 1999 through 2004. Did he get away with it? No! Even with his fancy expensive lawyers, Wesley Snipes received the maximum penalty for not filing his tax returns – 3 years.

Singing the Blues: So now you know the IRS can legally send you to jail for not filing. Have you neglected to file your taxes? You may be on the fast track to suffering Wesley Snipe's fate. But don't worry, it's not too to find a solution for your Tax Debt.

Stay Above Water: The best way to avoid debt with the IRS is to file your taxes every year. But if you didn't do this, you need to contact the IRS and negotiate a payment solution. This is not easy. The longer you've gone without paying your taxes the more complex the process becomes. And if you don't act quickly the IRS may place a Tax Levy or Lien on you without notice. It's a good idea to hire a Tax Professional to help you with this process- But Beware...

Avoid the Scams: Wesley Snipe's defense is that he was the victim of crooked advisers. He was given bad advice and acted on it. Many others have been made victims of so-called tax “professionals” that were really scammers in disguise. Make sure to do your research and hire only legitimate tax professionals. Be very careful of what advice you follow and only hire professionals that you can trust.

The Scam Check-list: If the tax professional you are working with is guilty of any of the offenses listed below, watch out! They are only out to scam you!

-They ask for your credit card number.

-They tell you that they're 100% positive your debt can be settled for pennies on the dollar

-They are evasive about questions you ask them.

Bottom Line: The IRS doesn't care about your social status. The IRS only cares about one thing- getting their money. You may have dodged the IRS for now, but just like they caught up to Wesley Snipes- they WILL catch up to you. Don't hesitate in settling your Tax Debts!

Now You Have the Smoking Gun...Use it!

IRS Tax Debt: High Oil Prices put Debtors in the Crosshairs!

Scramble! With the price of oil passing the $100 dollar per barrel mark, and the price of Gold over $800 dollars an ounce, everybody’s scrambling for money. Wall Street has become absolute pandemonium with investors and stockholders moving at record-breaking paces to make sure they’re getting their money. The IRS is no different than any other corporate business…and if you think for one second they’re going to forget about you…think again.

Gas Prices May be the Least of Your Worries: With all of this panic, the IRS has gotten even more diligent and aggressive than ever before. They’re freezing bank accounts left and right, garnishing paychecks without a second thought, and to be honest I don’t think they’re even fully reviewing cases before taking action. I’ve never seen anything like this before. The economy has taken a turn for the worst and desperate times call for desperate measures. Now is the perfect time to address your tax issue before you get steamrolled by an IRS Hitman with a financial chip on his shoulder.

Slow Down: With everything that’s going on, you can’t be expected to make your tax issue high on your list of priorities. Let’s face it, you’ve got to make sure the bills are paid and your family is fed before you worry about something like that. I couldn’t agree with you more, but you have to understand that it’s not going to go away. As a matter of fact, ignoring it only makes it worse.

No One Cares: The IRS collects more money in one year than most of us can hope to make in our lifetime. They have one job and one job only: collect “their” money by any means possible. This may sound like common sense, but most people don’t realize how little the IRS actually cares. Remember, IRS-Hitmen are not paid for compassion, understanding, logic, or fairness…they are paid for collection, and if that means putting you out on the street, so be it.

Where to Turn: The way things are going, you need to speak with a company that can offer you an honest, reliable solution. You don’t want somebody that’s going to try and sell you whatever you want to hear. You want someone who will tell you exactly the steps needed to resolve the issue. And if they can’t help you, they should be able to tell you where you can get help.

The Ball’s in Your Court: Don’t let economic issues put you under tons of unwarranted stress. All you have to do is take some deep breaths, and handle your issues one at the time. And when you’re ready to get rid of that tax debt once and for all, you’ll know the type of company you want handling your case.

Now you have the Smoking Gun…Use It!

Settling Your IRS Tax Debt: 6 Steps to Victory

Back by Popular Demand...here are the 6 steps to an Offer in Compromise:

Set Your Mind at Ease…You can settle your tax debt for pennies on the dollar in what is called an Offer in Compromise. There are some steps that can help you navigate through this process and find out if you’re even eligible for an Offer in Compromise.

Truth can set you free…To get an Offer accepted you must prove to the IRS that you can’t ever afford to pay off your debt. These are the steps needed to give you a good chance of actually getting an Offer in Compromise:

1.You need to do an income and lifestyle analysis. The IRS will conduct a thorough investigation into your life, and you need to be prepared. You will need to see what your income is. You need to calculate your basic monthly expenses. You need to inventory your assets and figure out how much equity you have in them.

2.What are your basic monthly expenses: Your basic monthly expenses include mortgage/ rent, utilities, payment on a single family vehicle, food, basic clothing. Your monthly expenses that are not considered basic: credit card payments, any luxury items such as boats, other cars, other property, etc. Also if you send your kids to private school the tuition doesn’t count as necessary.

3.Your income after all basic expenses have been figured is called your Monthly Disposable Income or MDI. The formula the IRS uses to see if you might qualify is: MDI x 48 + liquid value of assets. If that total is more than your tax debt, you can not qualify for an Offer in Compromise.

4.Let’s say you do qualify…you still have to submit to the IRS’s income and lifestyle analysis. You then have to submit the paperwork to apply for an Offer in Compromise. The paperwork is very complicated, and any mistake can force you to start the whole process over.

5.Your Offer request can take a year or longer to be processed by the IRS, and even if you’ve done all you homework, dotted all your “I’s” and crossed all your “T’s” you still may not get approved. Only 2% of all applicants get approved for an Offer.

6.For the purpose of this article we assume you do get approved. You’re able to get your IRS tax debt reduced from $40,000 to $4,000. But you’re not done yet. In order to get the Compromise you have to commit to a five year contract with the IRS. During those five years you have to file on time every year. If you owe any further tax debts you have to pay them immediately. Failure to live up to the contract will result in the entire original debt being reinstated plus interest and penalties.

Getting through the long night…It is a fairly long and complicated process. But if you’re willing to take the risk then these 6 steps will help you along that long road to getting out of IRS tax debt.

Now you have the smoking gun…Use it!

The Day I Became The IRS Hitman

As a Hitman for the IRS I had license to steal. During my career as a Revenue Officer I took $10,000,000 from the American Taxpayer. Every day was one of taking, just like the day before. That all came to an end after a fateful business seizure...

Lemon Laws: Don't End up with a Defective Vehicle

Sergei Lemberg, a lemon law expert and one of my esteemed colleagues, is sitting in the guest blogger’s chair today. He has some great info about state and federal laws that can help you if you wind up with a defective new or used vehicle.

State Lemon Laws – Every state has its own lemon law, which is designed to protect consumers who buy defective vehicles. However, each state defines a lemon differently. Generally speaking, lemon laws cover new cars that are bought for personal (as opposed to business use). Some states also cover leased cars, business vehicles, RVs, and motorcycles. There’s always a time limit and criteria your vehicle has to meet in order to be considered a lemon, so check your state’s laws.

Magnuson-Moss Warranty Act – The federal Magnuson-Moss Warranty Act states that the manufacturer of any product – from your toaster to your lemon RV – must abide by the warranty. For vehicles, this includes written or implied warranties, or service contracts.

FTC Used Car Rule – The Federal Trade Commission’s (FTC) Used Car Rule requires dealers to post a Buyers Guide in every used car they sell, including light-duty vans, light-duty trucks, demonstrators, and program cars. The Buyers Guide becomes part of your sales contract and overrides any conflicting provisions in your contract.

Implied Warranties – State laws say that a dealer has implied obligations, such as the soundness of the vehicle. In some states, however, dealers can get around implied warranties by selling the vehicle “as is.” In other states, it’s illegal to sell a vehicle “as is.”

Warrant of Merchantability – A warrant of merchantability is an implied warranty and says that a vehicle will run like it’s supposed to. While it doesn’t cover every component of a vehicle, it does apply to its basic functions. In this instance, you have to prove that the defect was present at the time of sale.

Express Warranties – Express warranties are those that are stated. If, for example, the manufacturer of your vehicle has a five-year warranty on a drive train, your vehicle would still be covered for a year if you purchased it when it was four years old. Express warranties also include verbal representations made by a salesperson at the dealership, as well as advertisements.

Uniform Commercial Code – When a dealer disclaims a warrant of merchantability, that disclaimer can be challenged using the federal Uniform Commercial Code (UCC). The UCC can also be used to cancel the sale of a used car.

Unfair and Deceptive Acts and Practices – Every state has an Unfair and Deceptive Acts and Practices (UDAP) law. These laws can often be used even if the used car is sold “as is,” as long as the dealer is guilty of a verbal deception or a failure to disclose information about the vehicle.

Truth in Mileage Act – The federal Truth in Mileage Act (TIMA) seeks to combat odometer fraud, such as rolling back the odometers on used cars. The government estimates that about 3.5 percent of vehicles have their odometers rolled back. If your used vehicle was sold with a false odometer statement, this 1986 law can help.

You can find out more about Mr. Lemberg and his valuable tips on Lemon Laws at www.lemonjustice.com

IRS Debt: Your Most Important Debt

Make it Stop! You never asked for an IRS tax debt; in fact, you want to do everything you can to get rid of it. You’ve gotten letters, phone calls, and they’ve even sent an IRS-Hitman to your house! There’s no way you can afford to pay the debt, but they’re just not going to take “no” for an answer. With all the other debt you’re trying to manage, the IRS is just going to have to wait.

But They Won’t Wait...The difference between owing the IRS, and owing any other creditor, is that the IRS is a part of the Federal Government. They do not have sympathy for your situation and will stop at nothing to get your money. Other creditors may call you or send you letters, but their collection pretty much stops there. The IRS can do a whole lot more:

The Tax Lien: After the letters and phone calls, the first thing the IRS usually does is put a lien on your credit report. And you thought you were having issues with your credit before! You’ve just gotten a terrible black spot on your report. Now you can’t do anything that deals with credit without getting tons of red flags. This makes it almost impossible to take out a loan, finance a car, or re-finance a home.

Do the Right Thing: It sounds a little crazy, but your other debts are the least of your worries. You might think because you haven’t heard from the IRS that you’re not in serious trouble. But that’s exactly what a good IRS-Hitman wants you to think. If you think everything is okay, he can strike swiftly and effectively, leaving you at the mercies of the Federal Government.

Bite the Bullet: Make the IRS debt you’re first and foremost priority. You may get yelled and screamed at by collection agencies. Your money may be threatened by consolidation companies. But the IRS will financially cripple you and leave you with absolutely nothing.

Now you have the Smoking Gun...Use it!

United We Stand

Ladies and Gentleman –

I would like to use today's post to pay tribute to the memory of September 11, 2001.

Seven years ago today, a tragedy struck our country that shook us to our very core. Although a catastrophic loss, we learned much from that day. We learned what it was like to stick together as a country; we learned how important it is to love one another; we remembered to honor and cherish our time with family and friends.

I would like to address a special thanks to the heroes of 9-11, as well as an extended thank you to the men and women of our service. Politics aside, the members of our armed services are the bravest of Americans and I am honored to have them defending our country.

Thank you all,

Richard Close – The IRS Hitman

IRS Tax Debt: How it Caught You and How to Escape It: Part Two of Two

Getting Good Help: The unfortunate truth about the tax resolution business is that there are tons of companies out there that are just interested in your money. They’ll tell you whatever they think you want to hear, just to get you to agree to their contract. So how do you know who to trust and who to avoid?

Pennies on the Dollar: If any company that tells you that they can settle your debt for “Pennies on the Dollar,” you need to be very careful about that company. They’re talking about the Offer in Compromise Program. While this program is a good way of resolving your issue, not everyone qualifies for it. In fact, very few taxpayers actually qualify for this program. So you need to make sure you’re speaking with someone that shows you the formula and explains to you how you qualify.

Retainer Fees: Sadly, a lot of companies will hide fees in their contract that you aren’t aware of. The biggest way they do this is with retainer fees. A “retainer” fee is a down payment on retaining a companies services. This is a way of maintaining the right to charge you an unlimited amount of fees. Another way they do this is by charging you “convenience fees.” They’ll basically quote you one fee over the phone and send you another on the contract. And speaking of the phone, that brings me to the next red flag:

Credit Card Info: We all know that in this day of technology, our identities are everything we have. The last thing we want to do is put ourselves in a position where someone could get our information. But sometimes companies put us in positions where they ask us for our credit/debit card or banking information over the phone. This is a high-pressure sales tactic and you should make sure that unless it is a highly reputable company (QVC for example) then it should not be done.

Study, Study, Study: The bottom line is, you want to research any company you have working for you. This isn’t just something you’re buying; you’re trusting these people with your finances! So make sure to check any company you’re considering with the Better Business Bureau (BBB), Dun and Bradstreet, the state’s Attorney General, and their local Chamber of Commerce. By following these steps you can resolve your debt, without losing your shirt in the process.

Now you have the Smoking Gun…Use It!

IRS Tax Debt: How it Caught You and How to Escape It: Part One of Two

Troubled Waters: If you’re reading this, it probably isn’t the first time you’ve thought about your IRS tax problems. It’s probably not the first time the IRS has thought about them either. If you’re facing thousands of dollars in back tax debt, it is not a time to panic. It is time to take a deep breath, asses the situation, and learn what exactly you can do. But in order to understand how to face the debt, you must understand how it happened.

To Do List: When it comes to priorities, filing your IRS taxes isn’t always on everyone’s mind. As a matter of fact, with all the things you’ve got going on, it’s probably one of the last things you even think about. With bills, appointments, activities, grocery shopping, car troubles, school supplies, gas prices, etc. You’ve got more than enough on your mind. But the IRS doesn’t care about those things; all they want you to do is file your taxes.

Why so Serious? Filing with the IRS is a major deal to them. Take it from me, a former IRS-Hitman; nothing makes them angrier than taxpayers who don’t file. The penalties for not filing are outrageous: from paying a large amount in penalties and interest, to serving time in jail! Now you might be thinking that even if you don't pay, as long as you file, you’ll be okay. But even though filing is the most important thing, the IRS will come down on you with an Iron Fist if you continue to avoid the debt.

Carry a Big Stick: The IRS has tons of ways of collecting on the back taxes that you owe. The worst part is, all of them are completely legal. They can put a lien on your credit, which basically means you can’t do anything you would normally use credit to do; apply for a loan, buy a car, etc. They can implement a bank levy, which takes all current funds from your bank account and freezes you out until the debt is paid or arrangements are made. They can also garnish your wages, which means going straight to the source of your income…your paycheck!

Who you gonna Call? The worst part about all this mess is that you have no idea what you’re dealing with. The IRS is a complicated system and they like it that way. The less that taxpayers know, the more an IRS-Hitman can take advantage of them. So it’s best to contact a reliable tax professional. Whether you owe $10,000 dollars or $1,000,000 dollars, there is help available to you. In the next segment, I’ll tell you who to look out for, and who to trust when it comes to tax resolution.

Now you have the Smoking Gun…Use It!

Another Week for the Books

Ladies and Gentlemen -

I'm hitting the highway and heading home. I'll spend this weekend looking over some more facts about my Penalty Relief Bill and get everyone updated come Monday morning.

Everyone; have a safe and enjoyable weekend.

And as always, thanks for reading.

-The Hitman

Update of Penalty Relief Bill 2009

It can be done: I've been getting tons of responses from readers asking me how real my idea about penalty relief is. Well I'm writing this to tell you; it's as real as it gets. This theory is obtainable and I need support in spreading the news. State's have been known to do this for tax situations all the time. In these cases, states will offer their debtors an amnesty period to pay back their tax without penalty and interest.

Pitfall Particulars: While talking to an old Hitman friend of mine, I realized that there will be some stipulations. For instance, usually if state's offer an amnesty period, the taxes owed must be paid by a certain date. So they'll say "Okay, between now and January 1st, all taxpayers can pay their original debts without penalty and interest." The thing about that is, after January 1st, they'll tack on a huge amount of extra penalties.

Think of the Possibilities: Just think about how great this would be. The IRS would get their money, and you would be given the opportunity to come clean with them, once and for all. If we pitch this amnesty period due date idea, we could get them to bite. If they think they have the upper hand, you can swoop in, pay off your debt, and get on with your life. By the time the IRS realizes what happened, you'll be off of their radar.

Spread the Word: Ask around forums about the idea. Tell people to read more information here at my blog. Let them know that the Hitman is out to help the American people. And if you have any questions about my idea, send them to me at irs-hitman@taxdefensenetwork.com. I'm going to need your help on this one, so get my idea out there!

Thanks so much for reading.

IRS Penalty Relief Bill of 2009

Bright Idea: Last night, I was reading through some documents on www.irs.gov and I came across some interesting information. It seems that the IRS loses billions of dollars per year in back tax collection. Now we all know the reason the American public doesn’t pay back these taxes; they can’t afford it! And usually, the reason is because someone may actually only owe about $10,000 dollars, but because of interest and penalties the IRS claims they owe $50,000 dollars!

Here’s What I’m Thinking: So it came to me, if the IRS can’t collect because we can’t pay, and we can’t pay because the debts are too high due to penalties and interest, why doesn’t the IRS remove the penalties and interest? Just think about it! Not only would the IRS be able to collect their debts more effectively, but American Taxpayers would be able to pay their dues and get out from under the debt.

Good for the IRS? The IRS’ sole purpose is to collect money. They don’t care how they get it and they don’t care who gets hurt in the process. So if they could collect their money more effectively, why wouldn’t they? By removing penalties and interest, our ability to pay the debt goes up, and therefore gives the collection department and easier job.

Good for Us: Obviously, the best thing is that the government would remove penalties and interest, therefore lowering the debt. But more importantly, if we can pay our back taxes, we can finally stop losing sleep over being in debt. It would be fantastic! Now, all of a sudden, that $50,000 dollar debt is back down to $10,000 dollars.

Make Them Help Us: If we let them think they are getting a better deal than we are, we can actually make this happen! All we need is organization and presentation. As of right now, I’m trying to get in touch with the right channels to make this a bill and get it reviewed to be in effect in 2009. Let’s get it passed!

Now we have the Smoking Gun…Let’s Use It!

Stuck with IRS Penalties? Get Penalty Abatement!

Don’t Panic Yet: If you’re facing penalties from the IRS because you fell behind on your taxes, you’re not alone. You are among hundreds of American who have the same exact problem. Did you know that if the IRS sticks you with penalties you have recourse? It’s called a Penalty Abatement and it can save you tons of money, and worry.

Stop the Fees! Penalty Abatement is when the IRS offers to forgive the taxpayer for paying the money owed and will remove some of the penalties that were assessed. I’ve even seen cases in which the IRS will completely revoke the penalties. With tax penalties, the IRS assumes that you owe them the money unless you can prove that you don’t deserve to be charged the penalty.


Penalty Shot…Their penalties are sometimes automatically added to a delinquent account without even considering individual circumstances. The IRS doesn’t even think about how you got into the problem in the first place and they just slap you with penalties for not paying. This means that even if you have a good reason for paying them late, the IRS doesn’t know and the system will continue to assess fees.

How to Qualify:

1. You must provide a sound reason as to why you think you qualify. You must provide all the details of the circumstance that prevented you from paying your taxes on time.

2. The RS requires that you send all notices showing the penalty that you received, along with all documentation showing reasonable cause for being late.

3. You must fill our Form 843 (a request for abatement form)

Your Case Matters! Everyone’s specific case is different and what the IRS deems as acceptable depends entirely on the individual case. As an IRS-Hitman, I can tell you there is no magic formula in getting penalty abatement. The IRS will make the decision after looking at your situation. In most cases I’ve seen, it could take professional help to get tax penalties removed.

Play the Game! Once you have filed the proper paperwork, you will need to wait. If you do not hear from the IRS within 45 days or so, you will need to send another request. You don’t have to reinvent the wheel on this one; all you have to do is change the date on your request. The IRS should ideally respond within two months. If you did not get the response that you were hoping to get, your next recourse is to get professional assistance to see what else you can do.

No Harm in Trying: Above all else, it is important you try everything you can to get out from under your tax debt. You aren’t going to be doing anything wrong if you apply for penalty abatement and you get rejected. But if you are looking to apply, make sure you meet the above requirements.

Now you have the Smoking Gun...Use it!

Happy Labor Day

I just wanted to wish everyone a happy labor day. I'll be spending the day with my family, and will be back first thing tomorrow morning to get back to helping the American people fight back against the IRS.

Thanks to everyone for reading.

-The Hitman