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Welcome to Tax Resolution Talk. Dealing with the IRS is hard and stressful. Tax attorney James Wade lays out what the IRS can and cannot do to you. If you have unfiled taxes, are being audited or dealing with unpaid taxes then this podcast is for you. Need help now to end your IRS nightmare? Call 207-502-7181 today.
Episodes
Tuesday Mar 17, 2020
Tuesday Mar 17, 2020
When it rains, it pours. In this episode, I dispense with the intro and outro and get right to it. As expected, the Treasury has announced some relief for taxpayers who owe taxes. It is not an extension to file but for many taxpayers it will still be some welcome relief.
Additionally, I discuss legislation that aims to provide benefits and tax credits to help alleviate the Coronavirus pandemic. It has passed the House and is currently pending in the Senate. Will it pass? I don't know but you can get a glimpse into what Congress is considering for aid to taxpayers.
Link to H.R. 6201: https://www.govtrack.us/congress/bills/116/hr6201
Link to Treas. Sec. announcement news: https://www.forbes.com/sites/kellyphillipserb/2020/03/17/in-response-to-coronavirus-mnuchin-confirms-tax-relief-but-does-not-extend-irs-filing-season/#6b0da49b1366
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