The Pattie Gentile Show as heard on WADK Radio Ep 31

Pattie Gentile's "Fighting the Good Fight Podcast" is now a weekly radio program! Heard Saturday evening's at 6 and again Sunday morning at 10 at www.wadk.com or 1540AM Newport RI.

Host Patricia Gentile continues "Defending Taxpayers & Solving Their Tax Problems". With this new format, The Pattie Gentile Show will be your weekly appointment with Host Pattie Gentile & her guest experts as they discuss the latest tax news, issues and cutting-edge strategies to resolve and prevent tax problems.

Here on episode 31, we welcome back Dan Pilla, leading Taxpayers' rights advocate and head of TaxHelpOnline.com for the second half of Dan's encore appearance. 

Regarded as one of the country’s premiere experts in IRS procedures, he has helped countless thousands of citizens solve personal and business tax problems they thought might never be solved.

Enjoy and tune in on WADK.

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Transcript

SPEAKER_03 0:00

This is Patricia Gentile, founder of New England Tax Relief and host of the Patty Gentile Show. A client once wrote me, quote, my husband and I found ourselves in debt to the IRS for $167,000. I had contacted a company that said they would help. After I paid them $6,000, I found out that they took my money and ran. I was desperate and searched for a local tax attorney and found Patricia. She was able to get our tax debt reduced to $36,000. End quote. The moral of that story is that you really need to be able to trust the person you choose to represent you with the IRS. With over 43 years of combined experience as a taxpayer, defense attorney, and CPA, I have successfully resolved hundreds of difficult IRS situations. One-on-one, personal attention is the hallmark of my representation, and my strategies are customized to your specific needs to completely resolve your IRS issues. So go to my website, New EnglandTaxrelief.com, and schedule a free telephone consultation or call me at 1-800-880-8388, where a live person will always answer and take your message 24-7. Welcome everyone to the Patty Gentile Show. And in studio with me, as always, is my producer, John Ianuzi. I wanted to start off by mentioning some notable dates. And April 30th is Adopt a Shelter Pet Day. Right along with that is May 1st, Hug Your Cat Day. And I wanted to note both of those because I've had six cats throughout, you know, a 30-year span. I always adopted them. They were rescued cats, and I always went to the shelter that rescued cats and would adopt them there. How about yourself, John? Because you have both cats and dogs.

SPEAKER_01 2:10

Oh, we've had I I don't think that I've ever purchased a pet. And our our cat is a rescue in the truest sense because she lived in a hoarder's house. And when we moved out of the city up to the country, uh, we just kind of scooped her up. We were gonna scoop up some other cats, but they were feral. But this one I think might have been, I don't know, she was special. Yeah, we rescued her from underneath a mattress at a hoarder's house in the city, and now she lives in the country.

SPEAKER_03 2:44

Oh, that's awesome.

SPEAKER_01 2:45

And I hug her daily.

SPEAKER_03 2:46

Right? So there you go. May 1st, hug your cat day.

SPEAKER_01 2:50

Even if she doesn't want to be hugged.

SPEAKER_03 2:52

I was just gonna say that because they get all squirmy.

SPEAKER_01 2:55

Yeah, it's too bad.

SPEAKER_03 2:56

Yeah, right. Also, on April 30th, was since we're past April 30th, International Jazz Day.

SPEAKER_01 3:07

And it's the home of jazz, WADK.

SPEAKER_03 3:10

That's right. I was just gonna say it's totally apropos to mention that because of WADK. And if you go to their website, WADK.com, and you look under the on air page, you'll see all the way, scroll to the bottom the schedule. Click on the schedule. And I did not realize this until I looked at it, but Monday through Friday, from 6 a.m. to 7 a.m. is jazz music. I mean, what's every day?

SPEAKER_01 3:43

Yep.

SPEAKER_03 3:43

Right? What a way to wake up a little jazz, having a cup of coffee, maybe taking your shower. What I love about it is that it plays jazz music plays after our show, replays on Sunday mornings at 10 a.m. Right after that, Steve Conti hosts jazz for the rest of the day from 11 a.m. to 6 p.m. So you can have what I would call jazz brunch, you know, for the rest of the day. I love when the show ends and it just comes in. I just love that music.

SPEAKER_01 4:19

I'll tell you, Patty, when Jazz Fest is in town.

SPEAKER_03 4:23

Oh, right. That's great. Another notable day, April 30th, again, and I will mention a couple others because I want to put poll questions to these. And our poll question phone number where you can text us, your answer is 603-204-0104. That's also the same number you can text if you have any tax questions or business questions. If you have any comments, so 603-204-0104. The next notable is April 30th, Bugs Bunny Day. Now I had no idea that there was a Bugs Bunny Day. I loved Bugs Bunny as one of my favorite cartoons growing up. But here's a poll question. Do you have a favorite cartoon or favorite cartoon character? Another notable day, May 1st. Of course, everybody knows that's May Day, but did you know that's also Tuba Day? The musical instrument. Right. Tuba. And my next poll question is Did you play a musical instrument in school? My older sister and I started in concert band and high school and both junior high and high school marching bands when we were in junior high when we started and we played all through. My older sister, because she played saxophone, I was a clarinetist. My older sister also played in the high school jazz band. So she really enjoyed all the, like I said, concert marching band, and then she did jazz band.

SPEAKER_01 6:13

I love when they do pop music, for instance. You'll hear a marching band do Call Me Owl by Paul Simon.

SPEAKER_02 6:21

Oh, yeah. Yeah.

SPEAKER_01 6:22

You'll hear them do Tusk by Fleetwood Mac. Right, right. I mean, it really gets you pumped up. By the way, Jazz Fest, check this out. Friday, July 31st, Saturday, August 1st, Sunday, August 2nd. Some of the names on this, I think I'm gonna have to get my butt up there. Wolfpeck, who I love, they're fantastic. They're going to be honoring Coltrane and Miles Davis, and then the headliner on Sunday, you got a double bill. You got Lake Street Dive, who are fantastic, and Herbie Hancock.

SPEAKER_03 6:54

Oh my god. Legend. A legend is right. John, do you think we could do a live uh spot?

SPEAKER_01 7:01

I would love to do that.

SPEAKER_03 7:03

Okay. Yeah. We'll talk about that. Coordinating that.

SPEAKER_01 7:06

Yeah.

SPEAKER_03 7:06

Yep. And another notable date here is in the month of May, it's national hamburger month. Another poll question. What do you put on your hamburger? And if you don't eat ground beef, just let me know what you do.

SPEAKER_01 7:24

You could have a soy burger, a I was just gonna say bean burger, mushroom.

SPEAKER_03 7:30

Right? A fish, fish burger, salmon burger, turkey burger. Well, that's if you eat meat, but right, let us know. I can eat all of what we just said, except for I'm not a soy burger person, but other than that, I'll tell you the truth on this.

SPEAKER_01 7:45

And it's amazing how fast our time goes when we're when we're having fun. But the soy burgers as a meat alternative, not necessarily the healthiest option. They're loaded with a lot of fillers and sodium. And this is coming from someone who lives off this stuff. I could tell you if you're looking to lose weight or you know, manage your health, may not be the best option.

SPEAKER_03 8:08

I stay away from soy for all that reason.

SPEAKER_01 8:11

I'm just somebody who's and it does something with hormones, too. I've heard too much, but I guess too much of anything, right?

SPEAKER_03 8:18

So there you go. So there's the poll questions.

SPEAKER_01 8:22

They're good ones.

SPEAKER_03 8:23

Yeah, I want you know, they just came to me as I'm seeing all these uh notable dates for April 30th, and there were so many for the month of May, a national day, that I'll be mentioning it throughout the next four weeks of May. John, do we have any either questions or uh new subscribers downloaders?

SPEAKER_01 8:47

Well, let's do the question real quick because this is an interesting one. Uh, Fran on Facebook wanted to know when donating, she donated a lot of furniture, moving, got rid of a lot of furniture, and was disappointed, or maybe perhaps expected more of a return. Is there a cap? Uh, and what should people expect when they donate to say the Salvation Army or something like that?

SPEAKER_03 9:13

Thank you so much, Francine, for you know asking your question. When it comes to furniture and household goods, which they call non-cash contributions versus cash contributions, if you are uh valuing those to put that valuation of that contribution on your return for a deduction, the place that the the donies organization has a list, a price list, and everything that's a non-cash item, you'll see that they give you a valuation price list, and you can use that as your guide to price your items to know what your contribution value would be. I don't know, like John had had said, I don't know what you were looking for in terms of a valuation, but I will say this there is a form 8583, which if you donate a value of your contribution of five thousand dollars or more, and that could be artwork, that could be collectibles, things that have a valuation like that. That could be in a an entire house of several rooms of furniture. You actually have to complete that form and list these and the valuation of those. So uh and you might have to attach an appraisal.

SPEAKER_01 10:50

I was just gonna ask about that. Yeah, yeah.

SPEAKER_03 10:52

So when you do 5,000 or more. So if you have any more to those questions, don't hesitate to text us or call me, 1-800-880-8388, and we can talk more specifically about your situation.

SPEAKER_01 11:09

Patty, could I shout out two new listeners? Actually, it's more than two, but two new locales. The first I'll take, the second you're gonna take, because I can't pronounce this. And you're from up that way. But the first is Columbus, Ohio. Oh, welcome. We welcome them. And an area outside of Albany, New York.

SPEAKER_03 11:29

Yes.

SPEAKER_01 11:30

How do I pronounce this?

SPEAKER_03 11:31

Yeah, it's well, you spelled it to me before we went on air.

SPEAKER_01 11:35

It's not water. It's water volete. Water volete. I would have never pronounced it that way.

SPEAKER_03 11:41

No, it it doesn't uh sound the way it's spelled, but water volete, New York, and welcome. Uh you're near my my hometown and uh where I was born and raised. It is a small, very small uh city. I think it's I don't know if it's a town or a city, and a little over 10,000 people population, it's one and a half miles in square miles, 1.5 square miles. I I looked that up, and um it borders the town of Colony, and so that's in the Albany area. But welcome, thank you so much for for listening. What we have a really packed show today, so I I definitely want everybody to come on back because in our next segment, this is National Small Business Week, May 3rd through the 9th, and I'm going to discuss the tools and the resources that are going to help small business owners, employers, and self-employed individuals succeed. So come on back. And as I mentioned before the break, this is the National Small Business Week, May 3rd through the 9th. And the IRS is joining the United States Small Business Administration, as we know as SBA, in celebrating National Small Business Week. And this week honors, you know, the critical role that America's 36 million small businesses play in our nation's economy. That was that's a staggering statistic. 36 million small businesses in America. I love entrepreneurship. You know, we our guests over time, you know, our entrepreneurs, they talk about their skill and their expertise and uh in serving customers and and clients alike. So I want to mention that if you go to the IRS's website, irs.gov, they actually have a small national small business week page on irs.gov, national small business week page. And so you probably want to bookmark that so you can come back to it uh at times and see if they are updating uh something going on because something is always going on every day. For example, Monday, May 4th, it's avoid the scam. So small businesses should be on the lookout for scams, and they're going to go over these tips to help protect your business, your data, and employees, and also how to report suspicious activity. So, for example, they'll cover watch out for common scams targeting you as a business owner, and they'll go over their 2026 dirty dozen list that highlights some persuasive scams that are impacting businesses. Uh, they're going to uh talk about taking proactive steps to safeguard your business and employees by using anti-malware or antivirus software with automatic updates and requiring those strong passwords with multi-factor authentication. They're going to talk about securing websites, educating employees on data security, and using the resource that the IRS has called IRS Identity Theft Central, as well as protecting your employer identification number and reporting suspicious IRS or tax-related scams. They also have social media posts. It's uh www.irs.gov forward slash scams. And you can hashtag IRS or hashtag small business week. So the IRS is very much, you know, involved here in joining the SBA for this national small business week. And the next day, Tuesday, May 5th, they're going to talk about best practices for small businesses and tax professionals who are supporting small businesses, specifically correctly classifying your business. I get questions about this all the time. Choosing the appropriate business entity, sole proprietorship, a partnership, a corporation, an S corporation, which is short for subchapter S corporation, or an LLC, which stands for limited liability corp, to determine tax filing requirements and legal considerations. I'm asked all the time with not just new businesses, but businesses who've been uh actually organized for quite some time, and they're wondering if their their business entity is appropriate at that time. How to get your employer identification number, how to keep adequate records, hiring the right tax professional, choosing a qualified tax professional in segment D, which I call my coaching segment, and what I like to do is provide guidance and tips and strategies for both taxpayers and tax professionals. I'm going to cover about some of the tips for selecting a tax pro or for tax pros to be doing right now to make sure that they don't end up in any trouble or that they're serving and not or and that they're serving their the taxpayers properly. Tips for the tax pros right now who support small businesses during this uh week on specifically on Tuesday, May 5th, they're gonna the IRS is gonna talk about nationwide tax forums that you can register for, where they they tour the nation and and establish forums and offer you know valuable networking opportunities and education credits. And of course, there's a tax pro account now that can help tax professionals save time. Wednesday the 6th is going to be about smart planning for small business success, how to take advantage of credits and deductions, working with your tax professional year-round, paying your estimated tax on time, uh specifically gearing towards gig economy workers and entrepreneurs and how you can plan ahead. And once again, you know, be aware of the social media posts. Thursday, May 7th, they're going to cover here transformation and improvements, exploring tools and technology like the IRS digital tools and resources that help manage your tax responsibilities and save small businesses time. That that probably be very helpful to you. And lastly, on Friday, May 8th, they like to head this day up as prepare, put a plan in place, such as disasters can happen anytime and anywhere. Even the smallest events can have a large impact on small businesses, and planning ahead can help protect your records and speed up recovery. I've uh over the years, and it happens a lot, that disasters happen, natural disasters happen, and people lose their records, and we have to reconstruct those records in order to file a complete and accurate return, or in order to provide proof under an audit or an examination. Maybe since the time that you did file, you've lost your records since in a in a home fire, in a home flood, in a natural disaster. And so that's put a plan in place on Friday, May 8th. After our break, we have Dan Pilla. And Dan was very generous enough to provide us with a second part to our uh interview with him that started last week. But this time it's about he's gonna Dan's gonna cover a bipartisan support bill that jointly was jointly introduced in our United States Senate called the Taxpayer Assistance and Service Act. And this only deals with taxpayers' rights and has nothing to do with tax cuts or tax increases. So you definitely want to hear this for all our own benefit. So come on back, what's uh Welcome back, everyone, from the break. This is the Patty Gentile Show. And in this segment, as I mentioned before the break, we have Dan Pilla returning to have a discussion on the Taxpayer Assistance and Service Act. What are you seeing as current issues that are either benefiting us or business owners or something we should be aware of that you know is happening with IRS and practice procedure, maybe tax policies, I don't know.

SPEAKER_00 22:41

Yeah, the thing that's got me excited right now is the co the so-called Taxpayer Assistance and Service Act.

SPEAKER_02 22:48

Okay.

SPEAKER_00 22:49

I've been talking about the Taxpayer Assistance and Service Act for over a year now. Back in January, a year ago, the Senate uh released what they called the discussion version of the Taxpayer Assistance and Service Act, which is a very significant bill that will affect taxpayers' rights in a number of important ways. And I was so excited about that thing getting introduced in the Senate and getting passed. And I believed with every fiber of my being that once the Big Beautiful Bill Act was passed in what was it, July or August of last year, that Congress would and the Senate in particular and Congress in general was going to immediately turn its attention to the Taxpayer Assistance and Service Act. Well, they didn't.

SPEAKER_02 23:30

Right.

SPEAKER_00 23:30

Not not as not as a comprehensive package of legislation, however. There were some piecemeal things that went through Congress that uh that I've talked about in my newsletter over time. But now what's happened in January of this year, uh it was end of January of this year, the Senate did introduce, was it was it January? It doesn't matter. It's been introduced now into the Senate. So the Senate Finance Committee has the entire compilation of what they're calling the Taxpayer Assistance and Service Act, which is 10 different titles that uh address different aspects of taxpayers' rights. Tax tax court procedures address, some uh increased power and independence for the Office of Taxpayer Advocate is in there, some significant and very important uh legislation that's going to open up the doors for refund litigation. And so it's gonna make our lives, Patty, your life and my life significantly easier when it comes to helping people get money back from the government. There's going to be uh significant changes to the collection due process appeal rights in this bill. So I'm really excited about this moving forward. Now, it was introduced by Ron Wyden, all right, and Ron Wyden is the uh is the ranking member of the of the uh Senate Finance Committee. He's the Democrat from Oregon, he is as wildly liberal as there is a senator in the United States, uh in the United States Senate. And he is he is firmly behind this bill. So when a guy like Ron Wyden gets behind the bill, I have every confidence that this thing is gonna pass. And so I'm keeping my eye on that. And I uh as I said, I'm very excited about it, and I think that uh this is gonna be something. Well, I know that this is gonna be something that you and I and our colleagues are gonna benefit from uh when it does pass, and I do believe it will pass.

SPEAKER_03 25:25

We we have so much going on right now down in Washington, D.C. with our representatives. Do you think it's going to get passed before, say, we have our conference at the end of October?

SPEAKER_00 25:40

I I'm certainly hoping that it will. And and I meant to check the status today, but I didn't. Uh, but I believe I believe it was set for a hearing, but I do not know that they've actually had a hearing as yet. But I'm I'm convinced it's going to move through, no question about it. Now, of course, anything can happen in Washington, as you know, you're experienced enough to know that this stuff gets zyg and zag and does zig and zag and gets twisted and turned, and what went in doesn't look like what came out. But this is this is procedural stuff. The reason I have such faith in this bill getting passed and more or less the proposal version is that it doesn't affect dollars and cents. In other words, we're not tampering with the tax rates, we're not tampering with the brackets, we're not saying this is no longer deductible, we're not creating credits for this and taking away credits for that, all of the things that affect the dollars and cents of tax liability. None of that stuff is at stake with Taxpayer Assistance and Service Act. This act is strictly about procedure, strictly about taxpayer rights. And again, one of the things that Widen said is words to the effect of these are common sense changes that are going to help every taxpayer and level the playing field with the IRS. And these are things that we can all get behind. So these are the kind of platitudes that's that Wyden is talking about. And so if that stuff is coming out of his mouth, then there then there's that there's just simply no reason to believe that there's going to be anybody in Congress that doesn't get behind this.

SPEAKER_03 27:08

What was the history behind this? Even uh these, yeah, uh this coming up. The history behind this.

SPEAKER_00 27:16

Yeah, that's a good question because it seemed to come out of nowhere last year.

SPEAKER_03 27:19

Yeah, it did.

SPEAKER_00 27:21

There was a lot of uh issues that were going on with the taxpayer advocate, right? Issues regarding collection due process. One of the problems with collection due process that the taxpayer advocate was looking at over and over again was the IRS's act of offsetting refunds, Patty. So let's say you got a tax liability of $15,000, and you're challenging the tax liability through collection due process. Now, you and I well know that under certain circumstances, you can challenge that underlying tax liability and you've got a right to be heard in a collection due process environment. But while that collection due process case is pending, the IRS can't levy or uh a paycheck or a bank account, but they can offset refunds.

SPEAKER_02 28:06

Oh, right, right.

SPEAKER_00 28:07

If you file a tax return, if you as a taxpayer have a fight with the IRS, let's say it's over $15,000, and this stretches out over a couple of years now, right? These PP cases are not necessarily two or three or four months. They can be short, but they're not always short. Well, in the particular case that we're talking about here, this taxpayer had a collection due process fight that was going on for a number of years. In the interim, the IRS offset tax refunds, which they can do. Collection due process appeal rights don't stop the IRS from offsetting a refund. So they offset two or three refunds to the point where they no longer had a tax liability. And then the IRS and then the IRS went to court and said, Hey, you don't owe us anything anymore. We're you the court no longer has jurisdiction over your case. And the tax court dismissed the case, Patty. So they never got an opportunity to argue about whether they really, in fact, owed that money or not. So that stirred up the taxpayer advocate, right?

SPEAKER_03 29:05

Okay.

SPEAKER_00 29:06

And so, in addition to that, the question of when can you file a refund claim came up? Because, as you know, you only have two years from the date the tax is paid to claim a refund, and the tax has to be paid in full before you can claim that refund. So if you're on an installment agreement and you're making partial payments every single month, by the time you get the tax liability fully paid, you can't you have very little recourse to chase the money now because of that two-year rule. So that riled up the taxpayer advocate as well. Why it took so long, I don't know, because this has been the law for as long as there's been dirt, as you know. Right. But so those two things kind of coalesced with the taxpayer advocate, and she started arguing that we need to do something about this. And then some of the attorneys at the Senate Finance Committee got on got on board and said, Hey, let's let's start uh putting together some legislation, and they did.

SPEAKER_03 29:59

Is is something like this, once it's passed, effective immediately, or do are we going to have different effective dates or different things?

SPEAKER_00 30:09

Yeah, there'll be different effective dates. As I said, Patty, there is there is 10 different titles to this bill, all right? So that's 10 different subject matter uh areas where it's addressed. I think there's a total of 63 different provisions in the bill, and just about every single one of them has a different effective date. A lot of them will be effective with the date of enactment, but then a lot of them will be effective, you know, six months after enactment, 12 months after enactment, you know, and then so it's all over the place. So it just depends on what specific new right is created, new procedure is created as to when that effective date will be.

SPEAKER_03 30:47

Oh, that's awesome because I'm looking forward to uh reporting uh about it all. Yep, yep, yep. You know, once it be cut, once it passes, and now you know we can report it and talk about it to all our listeners. I know you you go out and you speak, you write articles in national publications, and you have Pillis Tax Academy where you'll teach this. Of course, I get the benefit of being in the Taxpayers Defense Institute with you, and I get that benefit all the time. So, Dan, thank you so much. I can't thank you enough. Is there anything else that you could think of that you'd like to um you know share before we uh we end?

SPEAKER_00 31:33

Yeah, your your uh viewers can go to my website, taxhelponline.com, and I've got books and reports and and uh all kinds of uh educational material. If you're a tax professional, check out our taxpayers' defense institute. You mentioned that. We're having it at the end of October this year in Las Vegas. It's a two-day seminar, 14 hours of continuing education credit for attorneys, accountants, and IRS enrolled agents. And there is just no better seminar in the country, Patty, to go to to learn how to represent your client before the IRS. We always talk about the latest strategies and developments and the cutting-edge information on representing your client in front of the IRS.

SPEAKER_03 32:14

That's absolutely true. That's a truism. Absolutely. Dan, thank you so much. I can't wait to see you.

SPEAKER_00 32:20

My pleasure. I'm looking forward to it.

SPEAKER_03 32:21

Yeah, take care.

SPEAKER_00 32:23

Bye.

SPEAKER_03 32:23

Bye-bye.

SPEAKER_02 32:27

Even something as small as an apple, simple and somehow complex, sweet and divine, the perfect design. Can I speak to the architect? There's a canyon that cuts through the desert. Did it get there because of a flood? Thursday, I don't care about you, it's Friday. I'm loved.

SPEAKER_03 32:58

Welcome back, everyone. This is the Patty Gentile show, and in our last segment here, I like to call it the coaching corner, where I provide guidance, tips, and strategies for both taxpayers and tax professionals. And a lot's been uh happening in this past week, uh, or a little over now. On April 22nd, the acting attorney general of the DOJ issued a final order placing drug products that have been approved by the FDA in Schedule Three of the Controlled Substances Act. And here's a here's a short quote about this is that, for example, this final order, in general, this final order applies to marijuana as defined in the Controlled Substances Act. Uh, and it pertains to state medical marijuana licenses. And the tax implications about that is the acting attorney general further notes that as a consequence of this rule, state licensees will no longer be subject to the deduction disallowance that is imposed by Internal Revenue Code Section two eighty capital E, which applies only to businesses engaged in trafficking and controlled substances. What that means is that we had on a guest at the end of February earlier this year, Charlotte Cathro, and she's the founder of TAC CPA's LLC, which is a boutique public accounting firm specializing in regulated cannabis industry operators, and she discussed that specific IRS code section and how on a federal level marijuana uh had been has been listed as a um controlled substance under Schedule Three of the Controlled Substances uh Act, and therefore a lot of operators in this cannabis industry are disallowed many of the normal uh ordinary trade or business expenses that other industries, most everybody else, other than this this industry, um, they're disallowed those types of expenses. So I'm going to reach out to Charlotte now that this has come out from the acting attorney general of the D DOJ and have her um expound on that a little bit and see if we can provide uh tips now and strategies for the regulated cannabis industry operators and see what more they can deduct under this order. The other thing that came out was the IRS issued an annual update where they updated form six five six-capital B, the offer and compromise booklet. And the IRS releases the annual update to this form 656-b offer and compromise booklet. They did it as of April 20th, and it includes helpful information such as the definition of an offer and compromise, eligibility requirements, payment options, how to apply and complete the application, and an application checklist. And this includes all the forms a tax professional would need to file an offer and compromise for their clients as well. This booklet is now including new information on how to file an offer electronically through an individual's online account. So that's new. And I want to put that out there for the tax professionals to check out this new annual update to this booklet, as well as taxpayers. If you're interested in understanding the types of offer and compromise and whether you qualify and these forms that you need, etc., go to this booklet, form 656-Capital B offer and compromise booklet. The next thing that's uh big here is that the IRS announced on April 27th the new option for certain taxpayers to request more time after the employee retention credit claim was disallowed for them. If they put in what they're calling the ERC claim and it was disallowed, and the IRS is saying due to the deadline, the two-year statutory deadline, they are going to for you to appeal that disallowance or even go into federal court if you would disagree with the IRS's decision, they are actually you could actually file form 907 agreement to extend the time to bring suit if you meet both of the following conditions. The taxpayer is waiting for the IRS to consider the response to the notice of disallowance, and that's either on letter 105-capital C or 106-capital C, and not or, but and the taxpayer has six months or less remaining before their two-year period expires. You definitely want to check that out, or for those tax professionals who are helping their uh clients who put in ERC claims that have now been disallowed and you're appealing, or you're considering filing in federal court, you don't want that two-year statutory two-year period to expire, or else they can't claim that refund if they win on their on their uh uh basis and and the disallowance is turned around by the IRS. Lastly, this is where you have upcoming IRS webinars for tax professionals. On May 5th, coming up is these are free. The IRS hosts free webinars for tax professionals on May 5th, circular 2:30 in practice, the practitioner pitfalls and how to avoid them. And that's on May 5th at 2 p.m. Eastern time, and any other time zone you're in, just just go based on the 2 p.m. Eastern time. And on May 7th, a free webinar on understanding federal taxes for small business. And the webinar is going to cover Form 1040, Schedule C, Profit and Loss from a Business, the types of business structures, and what IRS resources and I online tools are available for small business owners. So please go to my website, newenglandtaxrelief.com, schedule a free complimentary consultation, whether you're a taxpayer with issues or a tax professional that is supporting taxpayers that have issues, and you'd like to discuss those with me, as well as a tax professional who may have a situation where you may be in violation or you were concerned with that circular 230 uh on our practicing regulations. You can call me at 1-800-880-8388-247 Live Answering Service. And until our next show, have a great week.