In this episode of the Rearview Mirror Series, Tom and Barney talk all about the first step in getting caught up on your taxes: IRS Compliance. They dive into what exactly IRS Compliance is, why it's important, and how to obtain it. 

Biggest takeaways:

  • You're not alone if you are behind on your taxes, and you can - and will - get back on track! You simply have to get started with ATBS' Three-Step Process.
  • Negotiating with the IRS CAN'T happen until you become Compliant (Step #1)!
  • Getting caught up on your taxes and paying your taxes on time every quarter (Obtaining Compliance) will solve the majority of your back tax problems.
  • If you still have a significant balance due to the IRS after going through Step #1, you can move onto IRS Negotiation (Step #2), which we will discuss in the next video.

To check out the complete series, click here.

You can also learn about ATBS’ Proven Path for owner-operator truck drivers to get caught up on taxes and out of debt with the IRS by downloading our Tax Resolution Guide for Owner-Operators!

Remember, if you're in trouble with the IRS, or if you’re just trying to get ahead of any future problems with the IRS, our Tax Relief Pit Crew will be able to help you out! To learn more about our Tax Relief Pit Crew Service Packages, click here.

SHARE THIS:

Related information

Tips for Owner-Operators Who Can't Pay Their Taxes

It is never a good idea to avoid filing your taxes. But what if you can't afford to pay them? In this article we show how the penalties and compounding interest are not worth missing the deadline. 

Read full story

7 Red Flags that May Lead to a Tax Audit

Tax season makes a lot of people nervous.  They are worried that they might owe money or that they haven’t done their taxes properly.  They worry about whether or not they will get a notice that says they are being audited. As you do your taxes this year, pay attention to these seven red flags that may lead to a tax audit.

Read full story

The American Rescue Plan Act of 2021 and How it Affects Owner-Operator Truck Drivers

The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package, is a $1.9 trillion economic stimulus bill passed by Congress and signed into law by the President on March 11, 2021. The Act builds upon many of the measures in the CARES Act and the Consolidated Appropriations Act. The team at ATBS has read through the Act and has summarized some of the key pieces of information that will have the greatest impact on owner-operator truck drivers

Read full story

KEEP YOUR BUSINESS BETWEEN THE LINES WITH USEFUL INFORMATION SENT RIGHT TO YOUR INBOX.

Sign Me Up