EP63. Craig Smalley: Understanding and Solving Your Tax Issues

A master in taxation from UCLA, he was admitted to practice before the IRS as an Enrolled Agent. With 12 books to his name, Craig has deep knowledge in individual and business taxation, IRS problems and estate planning.

He is a featured columnist in many editorials such as The Chicago Tribune, Yahoo Finance, NASDAQ.com, The Christian Science Monitor. NerdWallet’s Advisor Voices, and many other nationally recognized news outlets.

Craig helps you understand and solve your tax problems, on this episode of Revenue Chat.

=Highlights=

• There are news reports that Congress has slashed the IRS’s budget, what does that mean for the ordinary person?
• It seems that the IRS is fighting identity theft on many different levels. What are they doing to protect taxpayer’s information?
• How does the ordinary person navigate the tax code?
• What happens if you file your taxes, owe money and can’t afford to pay the IRS?
• What are some rights that taxpayers have?
• About the Tax Payer Advocate: the police of the IRS who report to Congress 2x a year.
• What would you say is the best tax deduction for businesses?
• What would you say is the best tax deduction for individuals?
• What should the consumer look for in a tax professional?

Who would think that a show about the IRS would carry such enthusiasm, energy and laughs? Check it out. It’s fun. Now I understand why the IRS issues so many tax laws and codes each year. You’ll love the answer!

I appreciate your listenership and hearing from you means a lot to me. Feel free to drop me a message.