I used a CPA to help me, and he requested under IRS's first-time abatement relief. I have been on time paying for many years. However, after I retired from the US Army with over 20-years of service, life took a turn. The abatement was denied, and I paid total of approximately $108,000 for tax year 2021 that included late penalties and accrued interests. Luckily I was able to login to my IRS online account where I saw balance plus accruing interest. I paid in FULL. I hope this is the last of it so I can enjoy my retirement from the U.S. Army. Wished I saw this video. Thank you for your informational video.
@@CWHankerson I've done 1031-Exchange in the past to differ taxes. However, I was away on travels and Covid caused lockdown. Therefore, I was not able to do it. I wrote a check for $95K on April 10, 2023, and hoping the abatement will be accepted. However, when I login couple days ago, there's balance of $11,866.06 plus accrued interests of $665.34 that increases every day. I submitted online payment of $12,531.40 to pay it in FULL today. I earned my little money while serving and also invested some. I filed my taxes regularly, but this got me. Do you know if there are more charges to come even though I submitted online payment in FULL? Thanks and God Bless!
Hello. Thanks for watching the video and thans for reaching out to me. Please schedule a time for us to talk by going to www.legacytfp.as.me. We will reach out to you on the date/time you select. Thank you. Looking forward to helping you!
This happened to me. I paid the irs and they sent me a penalty with interest. I have the receipts and copies of when the money was taken out of my account. Yet its hard to get ahold of someone from the irs.
Hello Mr. Hankerson, I'm located in MD as well, would like to visit your office in Beltsville I'm in Bladensburg..your offer on your website for book doesn't seem to be working...
Hello Rome. Please call us at 1(877)LEVY-KING or go to www.legacytfp.as.me to schedule an appointment and we will call you. Talk to you soon. Have a great day!
