Hey TaxCop Crew!! Pull up a chair, pour yourself a cup of your fave beverage, and let's get cozy as we unpack some super-important tax stuff that you definitely don't want to miss. Today, we're talking about dodging those tricky tax traps that can catch you off guard—y'know, the kind of stuff that sounds too good to be true. It’s like the IRS's most-wanted list, aka the "dirty dozen," but for sneaky tax schemes, and believe me, you don't wanna find yourself mixed up in these. We'll talk about legit ways to keep your money safe and sound without stepping into hot water with Uncle Sam. From thos ..read more

In this week's episode of Talks with the TaxCop I am having a conversation with none other my sweetie Mr. Eric Berry. We talk about leadership, management, and the inevitable dance between personal and professional lives. Some of the main topics we hit on are: -Leadership Traits That Matter -Service Over Profits -Staying True to Your Mission -Leveraging Skillsets to Automating Success -Celebrating Creativity -The Right Hires For the Right Futures -Lunch Date or Business Lunch? -And I Can't Forget Tax Season Reminders Let us know what you think about this episode and also what you wouldn't mind ..read more

Hey there Taxcop Crew!! In this week's episode, we're navigating the somewhat murky waters of life insurance from a tax perspective. With the winter keeping us cozied up indoors, it’s a perfect time to dive deep into understanding how policies like Index Universal Life can potentially offer more advantages than your traditional 401k plans. We're getting into the nitty-gritty of IRS tax code 7702, the critical definition and criteria of life insurance under section 772, and the vital importance of correctly managing these policies to avoid catastrophic tax consequences. As always, I'm here to u ..read more

Hey there TaxCop Crew. Welcome back to Talks with the Taxcop! Yours truly is back and this time I've brought along my partner in crime, Eric Berry. So you already know this is gonna be interesting, We're going to talk about how you can actually pay your kiddos for work within your business (you heard that right) and the tax perks that come with it. Thinking about throwing the knot overboard? We're going to talk about some things to consider before you finalize your divorce. Thinking about tying the knot? We're going to get into some genius tax advice for lovebirds. Plus, we'll share our penny ..read more

Hey TaxCop Crew. Look it's been a minute and I know I keep saying I am going to be consistent, but you gotta watch/listen to this week's episode to find out what's really been going down over this away. In this episode we discuss an often overlooked topic: GAMBLING and how the tax implications can turn your winning streak into quite the opposite if not handled correctly. From defining the limits to how much you can deduct to the importance of meticulously documenting wins and losses, this episode promises to unravel some of the grey areas surrounding this matter. We'll also dive into the enlig ..read more

Hey TaxCop Crew, In this week's episode, I dive into the showing you how to use the IRS Offer and Compromise (OIC) pre-qualifier tool. It's an important subject that many of our listeners have been curious about. The IRS' OIC pre-qualifier tool is a guide that individuals can you use to help indicate if you need to be on a payment plan or can actually qualify for an OIC. While the tool may indicate that you can fully pay your liability, it's still possible to file an offer and compromise and discuss your financial situation with the IRS. As in every episode, I recommend seeking the help of a t ..read more

Hey there, Taxcop Crew! In this week's episode, we're tackling the exciting world of Offer in Compromise (OIC). We'll be breaking down all the nitty-gritty details and sharing some awesome tips and strategies to help you keep more money in your pocket.  Get ready to learn everything you need to know about the components of an Offer in Compromise, and the pre-qualifiers for this financial relief mechanism. We'll be exploring the importance of proper documentation when dealing with submitting your OIC paperwork to the IRS, and how it can make all the difference in successfully navigating th ..read more

Hey Tax Cop Crew!!  Welcome to another episode of Talks with The Tax Cop.  In this week's epidose we are trying something a little new and introducing segments to the podcast so that we can get things more streamlined and systemized for you. Of course I am going to start with an Intro so those of you who are new to the Tax Cop Crew can learn a little bit more about what this podcast is actually all about and learn more about yours truly to see if you wanna stay around and be part of the crew. (We definitely want to you to stay as part of the crew. Then we go into our Audit & Awe ..read more

  Hey there TaxCop Crew!! It's another Tuesday so you know we're dropping another episode. This season feels like it's taking forever, but it's because your girl fell off but now I'm locked and loaded. In this week's episode we tackle two things: 1 We help you identify the 4 most important/critical numbers on your tax return per yours truly (you not gonna see it spelled our in a textbook). 2. We dive deeper into payment plans AKA installment agreements with the IRS. Pay close attention to the link below, because it's where I'm getting the info from on them installment agreements. It's imp ..read more

Hey Tax Cop Crew!! It's another Tuesday so you know that means that it's another week where we are having time to talk with your truly. This week's podcast is dealing with a topic that I actually LOVE and is something that I have had to deal with personally. Yes, yes yall we have had to stroke some tax checks for some balances due a few times and it didn't feel good at all, but we had to do what we had to do because them people want they $$$. This is a high-level overview of the remedies that are available for you to make when you find yourself in a situation where your back is against the wal ..read more