Delinquent tax returns and IRS amnesty: The basics

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Attention Global Entrepreneurs and Investors! Is the IRS dragging you down? Text “Wealth” to 818-293-4857. Anthony's firm, Parent & Parent LLP can help end your tax anxiety and frustration right now! We do it all so you can focus on better things. 20 successful years experience in tax planning, tax resolution (including audits!), bookkeeping, asset protection, and offshore disclosures/FBAR help. Everything you need under one roof. Thousands helped!
www.irsmedic.com/blog/2017/05...
Having delinquent unfiled taxes is actually quite common. In this video, Anthony and Claudine talk about the options if you have unfiled taxes, are missing tax records, or unfiled international reporting forms, like the FBAR or FATCA Form 8938.
This issue is getting more attention since the law passed saying that your passport can be revoked or denied if you have unpaid tax debt.
Watch this video to learn the answers to these questions:
“I’ve been unfiled for 3-4 years. How long before they do an SFR on me?”
How much time does the IRS have to come after you for unfiled returns?
What if you file, then find out you owe, and you can’t afford?
What are the tax settlement options?
What if I file my returns and find out the IRS owes me money?
The IRS hasn’t contacted me about my unfiled tax returns. Why should I bother?
What if I don’t have any records, how can I file my return?
What if my unfiled returns include foreign accounts?
There are programs that you can get into for unfiled foreign reporting requirements such as FBARs and IRS Form 8938. The IRS has been targeting overseas accounts as of late, so it's best to get into compliance sooner than later.
From our experience, most people with unreported accounts are not criminals. They are simply US taxpayers who don't realize they have to tell the IRS about accounts they have in other countries.
Once you realize you have a reporting obligation, contact us for help. There are penalties for non-reporting. There are "willful" penalties, and "non-willful" penalties. The difference is staggering, and once you know the obligation exists and you knowingly dodge the requirement, you become "willful".
Need help with Tax Preparation?
Book a discovery call with the IRS Medic team:
irsmedic.com/prep
Need help with Tax Planning and Strategies?
Book a discovery call with the IRS Medic team:
irsmedic.com/wealth

Опубликовано:

14 май 2017

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Комментарии : 38

@billytheweasel Год назад

This is a serious channel. Just found it and glad I did.

@truamericanmanbass2432 5 лет назад

This man just sat there and flat out lied on this video at about the 4:05 mark. The Supreme Court ruled in 1015 that the IRS was not part of the government and that they can only go back 3 years. Are we supposed to think that there are statutes of limitations on just about everything except murder, but the IRS can go back indefinitely to recover money from people that aren't required to pay it in the 1st place? I do stand up for myself and I do fight the IRS and it's not fun because they are relentless and seem to never stop. They NEVER respond with anything other than threats. They don't answer any of my good faith questions so they always violate the Administrative Procedures Act that they have to follow. So, every time they send me some garbage without any legal standing, I challenge it and send it back to them with questions for them to answer. They are very easy questions but they never respond because they can't. Once they do not respond within the legal time period, they fall into Administrative Default. At that time, I send them a letter notifying them that they are in Administrative Default and I usually give them 72 hours to cure. Again, they don't respond so then I send them another letter, making sure they know that I know they are now in FINAL ADMINISTRATIVE DEFAULT and that everything they sent me is not quashed. A.P.A. 5 USC 556(d), 31 CFR 0.207, 0.208, 0.216. It has no legal standing and is not even admissible in court. Of course, that doesn't stop them though. They want you to follow laws that don't exist and then they ignore clear laws that are on the books. They are criminals and running a racketeering crime organization.

@dowskivisionmagicaloracle8593 4 года назад

There's no way the statute of limitations (if one exists) on taxes is just 3 years.

@dennisb.4849 4 года назад

Truamericanman bass: I have read that the IRS normally go back 6 to 8 years on the average working class person. I believe it was a tax lawyer whom said this. Like the Federal Reserve being a scam. This kind of crap wouldn’t happen if the american people would educate themselves. You will not learn this in the school system. Freedom to all.

@privatebanker2862 4 года назад

Keep in mind that Filing Taxes (NOT PAYING TAXES which is different than filing) is voluntary!!! (go and purchase gas at the pump is the clue). Go and Read the 1040 Instructions. If you have NOT read it by now! When you read the instructions you will KNOW THE INSTRUCTIONS SAYS YOU CAN NO FILE A 1040 return because Title 26 U.S. Code Sub Sect 6012(8) will tell you, you are EXEMPT from filing taxes at BIRTH!!!!! NOW you know! Some may not understand what they are reading...Is it because the American School System has failed to teach us how to PROPERLY READ? Or did they just teach us to only read the words on the pages and how pro-Noun-ce the words but not to define each word or the subject at hand. Once you finish reading the entire Instruction booklet, display the address where it says to FILE YOUR RETURN. Please go and re-read and POST the ADDRESS here so all of America will know. Not what your PCA Public Certified Accountant says to mail it to but where the Instructions say to File it (Theres difference) Filing and Mailing are two different words and two different things. On that note, complete the reading, you will likely POINT out Page 100 Paragraph 3 in the Left Column. Do not overlook the first 2 sentences and PLEASE be sure to at least look up the 3 THREE Codes and Read them as many times as it took you to remember a Britney Spears Song. Start reading now that you have the TIME to do so because many of you Americans true and not so true Americans will NOT be prepared for what is to come even though TRUMP2020 and Q is your support system. There are many things you are not being TOLD but its up to you to SEEK the Truth. Download and READ the instructions. Read it to your children so they are not idiots like we are!!!!! www.irs.gov/pub/irs-pdf/i1040gi.pdf. You will see you CAN NOT be taxed on Federal Reserve Notes NOR your Labor / Salary!!!! Most importantly you can NOT pay a Debt with a Debt which Federal Reserve Notes are simply Debt Notes. Look up the words and the terms for better awareness and understanding. Please WAKE UP PEOPLE. You all glance over the Bible yet you are NOT doing what it says. Please WAKE UP!!!!

@Politologist 4 года назад

Awesome video, very informative.

@TaxResolutionProfessionals 5 лет назад

Great channel with good info. So many of the tax ones are clickbait.

@mymiracle79 6 лет назад

What software would you suggest for a beginner to use for foling taxes?

@irsmedic 6 лет назад

It depends. If you only have domestic wages and some domestic interest income, any software is fine. As soon as you have foreign income or income form your own business, that's really when you don't want to do this by yourself.

@abeeiland5814 4 года назад

"Income tax Shattering the myths" by Dave Champion will clarify the tax questions we have......

@navall11 4 года назад

My Wife has not filed in 8 year and has never recived any notices or coummication form the IRS Is this unusual?

@jermaineking9837 4 года назад

navall11 are you sure she won’t go to jail?

@navall11 4 года назад

@@jermaineking9837 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-s1UT2Ms5E2k.html

@navall11 4 года назад

@@jermaineking9837 She finaly filled last year she got back her tax refund for the past three years and they kept all the other years she was due a refund.

@4u2NV4Q2 4 года назад

16th amendment never been ratified

@TalkingIsh100 5 лет назад

But isn't the statute of limitations on the irs charging someone with failure to file 6 years???

@landonp629 Год назад

yes it is.

@truamericanmanbass2432 5 лет назад

Why is it that everything surrounding the income tax involves the "how to" process and the different deductions etc? Why is it that they NEVER can give us the most important part? Where is the Law that required us to file and pay it?

@justme8063 4 года назад

Aboriginal Ancient I encourage you to read irm 4.17.19. This is the irs guide to SFR

@oscarayala4027 4 года назад

How can i get a hold of u

@hquadros100 4 года назад

This video fails to make reference to the fact that it is possible not to file taxes for several years and not be notified by the IRS at all. When a taxpayer withholds enough federal taxes to cover their income at the Single rate, the IRS will not require that you file tax because "they" would have received through payroll enough tax. The IRS will only notify you when you owe taxes not when you over paid. It's up to the taxpayer to file the claim for refund. So, there are situations in which you may have failed to file and not be notified by the IRS.

@lastfanstanding999 3 года назад

no volume !

@damiongansbauer5982 4 года назад

They kept my refund for 2 years and still have not given me any reason why are they keeping it it's okay for them to break the law but we can't this is why American people are fighting now because of this law

@angelavan478 3 года назад

Nice video--wish you guys would do one on when the IRS is delayed in reviewing all the "paper" filed returns from last year. Shocked when they tell you that you didn't file and you did by certified mail, but they cancel your Installment Agmt b/c you didn't file. LOL--dominoes falling.

@shawnsimpson8221 5 лет назад

God bless than man who suicide bombed a plane into the irs building years ago theres a special place in heaven for thoes with the blood of 1776

@dowskivisionmagicaloracle8593 4 года назад

What? What? When did this happen?

@jsmythib 4 года назад

@@dowskivisionmagicaloracle8593 Several years ago. A guy in Texas flew a cesna into the irs building, early on a sunday morning a believe.

@ChrisAthanas 3 года назад

Joe Stack 3rd lives in all modern patriots

@truamericanmanbass2432 5 лет назад

Watch this short RU-vid video to hear from a real honest person. Sherry Peel Jackson Former IRS Agent: How to Keep Your Money Red Pill Expo

@dennisb.4849 4 года назад

I saw her YT video. And did a google search. She did do time for tax evasion. She’s out now but don’t recall what she’s doing Sorry. Google her name. Best of luck to you.

@futurewolffilms607 4 года назад

"We can steal everything without due process or even evidence." What a scam.

@futurewolffilms607 4 года назад

That said, appreciate the information, thank you.

@ViciousValentine1978 3 года назад

Please email me if possible. Greatly appreciated.

@truamericanmanbass2432 5 лет назад

The IRS doesn't have the power to do an SFR without the taxpayer's permission. Notice, I said taxpayer!

@j.dejarlais5452 5 лет назад

Truamericanman bass Tips on resources were I can fight the IRS. Were did you learn some of this?

@truamericanmanbass2432 5 лет назад

I want to challenge those speaking in this video to use their brains and actually open up the tax codes and look for the actual law that he's propagating everyone not procrastinate to go pay. If he's not lazy, he'll take some time to actually find it and show it to us. I'll be waiting for his response once he finds it and presents it to us.

@navall11 4 года назад

evidently they won't reply to this Q.