What To Do If You Can't Pay Your Taxes!
Вставка
- Опубліковано 10 лип 2024
- What To Do If You Can’t Pay Your Taxes?!
If you run into a situation where you can’t pay your taxes you need to know what options are available!
Go here if you want to apply for an installment agreement:
www.irs.gov/payments/online-p...
Information on Offer In Compromise
www.irs.gov/payments/offer-in...
Currently Not Collectible:
www.irs.gov/businesses/small-....
🚀 Learn How To Slash $30K Off Your Taxes Without Being A “Tax Expert” Or Spending Money On An Expensive CPA! Free Strategy Session: www.thetaxonomics.com/strategy
🏦 BEST BROKER FOR TRADING 🚀🌚💸:www.interactivebrokers.com/mk...
⭐Schedule a Trader Tax CPA Consultation! (Limited Availability During The Year) calendly.com/tradertaxcpa/
Time Stamps:
0:00 Introduction
1:39 Pay What You Can
2:14 Streamlined Installment Agreement Deductions vs. Credits
2:43 Offer and Compromise
3:24 Currently Not Collectible Status
4:06 Consult A Tax Professional
4:33 Conclusion
🧟♂️Follow me on Social
/ brianriveracpa
/ brianriveracpa
DISCLAIMER: I am not a financial adviser but fortunately I am a CPA :). These videos are for educational and entertainment purposes only and should not be taken as "individualized" tax advice. Should you need tax solutions I highly recommend consulting with a professional or our CPA Firm. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and/or use myself. Some of the links on this web page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing the content this channel.
🚀 Learn How To Slash $30K Off Your Taxes Without Being A “Tax Expert” Or Spending Money On An Expensive CPA!
Free Strategy Session: www.thetaxonomics.com/strategy
🏦 BEST BROKER FOR INVESTING AND TRADING 🚀🌚💸:
www.interactivebrokers.com/mkt/?src=brianriveray&url=%2Fen%2Findex.php%3Ff%3D1338
⭐Schedule a Trader Tax CPA Consultation! (Limited Availability)
Thank you! Good episode.
Thank you Brian. Your expertise and presentation are top notch. I have learned a lot from your content!
Your the best Brian!! So glad to be a returning client. Peace of mind as a trader when it comes to tax laws is so important. Hope I can meet you one day at T4AC 🤙🏼
Thanks for the kind words! 🙏 let’s crush 2023
Brian, is there a way to schedule a Trader Tax CPA Consultation and for sure get you...? Or any other paid way to ask you a few questions, even by email?
if a few basic questions you can hit the company website www.tradertaxcpa.com. Re: Consultations unfortunately i only do them at certain points during the year; so right now the window is closed. If you need specific trader tax education id recommend checking out thetaxonomics course i created.
@@BrianRiveraCPA Awesome! I really appreciate the reply, I can imagine how busy you are. Thanks so much, I'll start with the company website and look into the course, I didn't even know there was one. Thanks again for taking the time to answer!
Hello Brian,
Can I get consultant or tutoring for filing Form 3115 with 481a adjustment after MTM elected
🔥🔥🔥🔥🔥🔥
Isn't it true that if you close all positions by the end of the day, last trading day of December, that you will avoid any wash sale disaster? My broker told me that I would be okay. They said that if I closed all on that last December day, then they sent out the 1099B (for example) on Jan 20, and then I bought the security back on Jan 25, that they would then send out a corrected 1099B that would then have the disasterous consequence. But as long as I don't trade it until after end of January, I should be okay and no corrected 1099B sent out. Right?
I’d confirm with your broker but sounds accurate.
@@BrianRiveraCPA Thanks. I was worried because I thought that the 30 days had to be within 2022 and then I traded it by mistake in December on my phone when intending to trade something else. But I guess you are ok as you close before Jan 1 and don't buy back until Feb 1 or later.
Is there anyway that we can file with you? How do we contact you?
shoot an email over to hello@tradertaxcpa.com.