Show Notes
In this episode of the IRS Debt and Audit Podcast, host Evan Mack sits down with seasoned tax attorney Brian Loughrin to unravel the mystery behind IRS collection activities that seem to vanish for years only to reappear suddenly. Brian, the founder of Tampa Tax Relief, shares insights from his 25 years of experience dealing with IRS issues, discussing how COVID-19 and staffing changes have impacted IRS operations.
He explains the 10-year statute of limitations on tax collections and how certain actions, like bankruptcy or offers in compromise, can pause this timeline. Brian also highlights the importance of understanding IRS notices and the potential financial impacts of IRS enforcement actions. This episode is essential for anyone dealing with lingering IRS debt, offering practical advice on navigating the complexities of tax collections and ensuring compliance.
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