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Video instructions and help with filling out and completing Irs fresh start program

Instructions and Help about Irs fresh start program

Hi i'm ron with tax court now let's discuss the Fresh Start initiative first start Misha t'v is a program that was started by IRS a few years ago during the financial crisis to help taxpayers out of their financial burdens with the Internal Revenue Service now it's not approval in the right way to tax what it is is giving the taxpayer a fresh start and repairing their credit and repairing their grease stain and with the Internal Revenue Service to get them out of the bottom at their end so basically the first start initiative is not a brand new program that's collecting taxes what it is is a relaxing of the current regulations that are currently on the books there's federal tax liens that it helps you with there's installment agreements that it helps out with and there's a offering compromised program that it helps up with go back and watch some of our videos that talk about each of those specific programs and enforcement actions that the harvest takes and collecting those pass-through tax returns and tax adoption so first let's talk about the notice of federal tax lien basically the high risk will always follow tax lien or any amount above tend to her at $10,000 award however the iris will always follow tax lien when it feels like his interests are being threatened and so they can file attacked me and when I'm not below $10,000 they feel like it's necessary what the Fresh Start initiative does is it allows a taxpayer to have a notice of federal tax lien we've drawn from the public record meaning it comes out of the public record at the county courthouse and the county that you reside it also can come off of your credit reporting and credit bureau reports with all three credit reporting agencies if you meet certain qualifications you may they give us a call here at tax court we can help you negotiate that and figure out which program works best for you under the Fresh Start initiative for notices of federal tax lien the second way that Fresh Start initiative helps taxpayers is stewar relaxing of the installment agreement program so typically what happens with an installment agreement is that if you have a debt of about $25,000 you have to pra lock of financial information or to qualify for an installment agreement well the first start initially raises that threshold to a much more higher amount giving more taxpayers the ability to negotiate into a pay installment agreement with limited financial reporting doesn't always do away with it but it sometimes limits the amount of information that you have to prto them and it provides a longer window of repaying up to six years the third way that the Fresh Start initiative helps taxpayers is by the offer and compromise program so basically the old offering compromised program was very very confusing had lots of curves and and.

FAQ

What are some of the best ways to learn programming?
It's been my sole focus to answer this question for the last two years, and I think a lot of the resources mentioned here are great but I've noticed there are three strategies that successful students consistently use better than anyone else regardless of what resources they use:1. Focus on habits, not goals2. Learning alone is painful3. Build thingsNote: some of this is borrowed from my answer to another Quora question: How can I prepare for Bloc?1. Focus on habits, not goalsIt seems counterintuitive that you shouldn't focus on goals, but hear me out -- it's all about leverage. Anyone who works with me knows that I dweebishly reference the R'as Al Ghul scene in Batman Begins pretty much 3-4 times a day:Our investors at Bloc are getting tired of board meetings starting with Batman clips.R'as tells Bruce: "Rub your chest, your arms will take care of themselves."If you focus on building the habit of programming for 20-30 hours a week, you will reach your goal of being a web developer. If you focus on the goal of being a web developer in X months, you get nothing from that but stress and insecurity about how far along you are. Focus on the habit, not the goal. Rub your chest, your arms will take care of themselves.So here's what you should do right now: put 15 minutes a day on your calendar to spend time programming. Don't do more than 15, just focus on doing 15 minutes a day. If you can do it successfully with no excuses for a week, try bumping it up to 20 minutes a day. Don't try to overextend yourself by doing an hour a day right off the bat, this is going to be a 10,000 hour marathon so we're focusing on developing the habit right now. The number of minutes you put in isn't as important as you showing up each day.2. Learning alone is painfulWhen I was learning web development, the two biggest social components to my learning were having a mentor and belonging to a community.Having a mentorI worked at a small startup called merge.fm while in college. I learned more in the summer I spent working with one of their cofounders than I did in the entire previous year at my university. There's just something about working alongside an expert who knows more than you that really accelerates your learning, you're able to pick up on how they think and unveil what you don't know you don't know. There's a reason why mentorship used to be the de facto standard of learning a new trade, it's very effective.Belonging to a communityFor me, the two communities I belonged to were the Illini Entrepreneurship Network (a student organization at my university) and HackerNews (a large hacker/startup oriented online community).I didn't learn what objects and classes were from HackerNews, but I learned a different category of things. I learned that nobody likes Javascript. I learned that Rubyists are the hipsters of programming. I learned that Bret Taylor, Rich Hickey, and John Carmack are programming gods, and that software companies that are truly serious about coffee have kitchens that look like labs.In short, I learned how to talk shop. That turns out to be important when you're working with other developers, but it's also the thing that makes you feel like a developer.3. Build thingsIn the first year of learning web development, I built:A Digg Clone (from a Sitepoint book on Rails, I believe it's out of date now though)An E-Commerce App (from Agile Web Development with Rails 4)A GeekSquad-esque App (personal project)A Realtime, Online Classroom (personal project)A Foreign Language Flashcard App (class project)I think building real projects is important for many reasons, but the most important one to me is because it's fun. That's something that is tragically lost in classical education, but I think it's important enough to be on this list. Look for resources that show you how to build things, http://ruby.railstutorial.org/ is a good one.4. Be a cockroachI secretly added a 4th item for those of you who've stuck around to read this far down the page.Paul Graham once told the founders of Airbnb:"You guys won’t die, you’re like cockroaches."You'll probably want to quit learning how to code at some point. Like anything worthwhile, it's difficult and will make you feel stupid at times. This is why #1 on this list is so important -- stop worrying so much about whether you're making progress or how much longer it'll be until you feel like you've "made it." All you have to do is focus on showing up, for 10-30 hours a week. Be as mindless as a cockroach about everything else, and don't "die."I made the statement years ago which is often quoted that 80 percent of life is showing up. People used to always say to me that they wanted to write a play, they wanted to write a movie, they wanted to write a novel, and the couple of people that did it were 80 percent of the way to having something happen. All the other people struck out without ever getting that pack. They couldn’t do it, that’s why they don’t accomplish a thing, they don’t do the thing, so once you do it, if you actually write your film script, or write your novel, you are more than half way towards something good happening. So that I would say was say my biggest life lesson that has worked. All others have failed me.Woody Allen
How should I start learning Python?
Rather than giving you a boring step by step process of learning Python, I would share my personal journey about how I started learning Python.Here is my personal learning experience:What motivated me to start learn Python?I fell in love with Python after reading a bunch of answers on Quora about how people were doing wonderful things with Python.Some were writing scripts to automate their Whats app messages.Some wrote a script to download their favourite songs,while some built a system to receive cricket score updates on their phones.All of this seemed very excited to me and I finally decided that I would love to learn Python.How I started learning Python?I started learning Python form The Complete Python Masterclass: Learn Python From Scratch as it was the recommended course for beginners.I found the course to be really interesting yet simple for beginners like me.However, if you are a professional programmer then I would recommend you to learn from the official docs : 3.7.2 DocumentationHow much time it took to learn?Topic: Python basics, control structures, functions.Time : - 1 Week.Learning experience:Learning Python basics is a piece of cake, it is extremely simple to get up and running with Python. Basics like variables, operators and control structures are extremely easy to learn as opposed to other languages like Java.Topic: OOP & Regular ExpressionsTime: 1 Week.Learning Experience:This section was a bit tough as I didn’t had a clear understanding of OOP principles. I had used OOP in Java but still was not clear about the concept but eventually with some practice I was able to understand OOP in Python, the self keyword and the init method.If you are a beginner then I would recommend you to focus on this section as it is widely used while making complex applications.You might not understand a lot of things at first, but give things time to sink in and it will make sense.Topic: TkinterTime: 1 WeekLearning experience:This was the most exciting as I finally learned how to build desktop GUI applications using Python. Learned about the Tkinter library which allowed us to build interactive GUI with Python. It felt as if everything I have learned till now started making sense. When I was finally complete with this section, I was able to build my very own calculator.Here is a screenshot of what I built:Topic:Data AnalysisTime: 1 WeekLearning experience:Learned about the Numpy and Pandas library which are extensively used to perform data analysis with Python. If you aspire to be a data analyst/ data scientist I say you focus on learning the basics well. I also learned how to read data from an excel/ CSV file and visualise the same data on a chart. In the process, I also learned about Jupyter notebooks which is an excellent IDE for data visualisation with Python.Here is a screenshot of me plotting some graphs:Topic: DjangoTime: 2 WeeksLearning experience:This was by far the most difficult topics I had ever learned. I had no previous experience learning anything related to server side web development and hence it took me a while to understand terminologies like authentication, URL routing, API and models.I had initially given up on this section as it felt very complex but I took my time and worked my way through it with patience. I took notes on pen and paper and made sure that I understand every line of code even before I use it.Eventually the efforts paid off and I finally started to understand what Django really is and how it works.It took me 2 weeks to get done with the Django basics and a lot more practice to finally complete a Django project on my own.I built my own todo app and a simple book store site using Django and a little bit of Bootstrap.Here is a screenshot of the bookstore I built:Topic: Flask & Web CrawlerTime: 2 Weeks.Flask was a piece of cake after learning Django as Flask is just a micro framework.I didn’t personally dabble much with Flask as I liked and preferred Django over Flask.Building a web crawler was interesting as well, I built a crawler which was used by search engines back in the early days to crawl web pages, find links and store those links in a file.Topic: Automation with seleniumTime: 1 Week.After learning almost everything about Python selenium felt pretty easy.Selenium is originally used for testing purposes but it turns out that you can automate various tasks with it. I learned how to build a Facebook auto poster with selenium.It took me around 9–10 weeks to complete and I was happy with the process and eventually learned a lot about how Python works.Note that I was dedicating 2–3 hours every day for learning.Final conclusion:It was a great experience learning Python and I now feel a lot more confident as a programmer. The main source of confidence was being able to build something of my own, however small it may be.Although my learning process might seem easy but there was a lot of struggle and moments of frustration in between.Here are a few of my tips if you want to start learning Python:Have patience, if you are a beginner it will take time to let things sink in.Aim at building small tools/projects, don’t just learn the syntax and jump to a new programming language.Frustration and pain is a part of learning process, embrace it instead of avoiding it.Errors/ issues are expected, don’t let that discourage you from learning.Be consistent, if you are not consistent in learning it might take a lot more time and effort.Happy learning !
Have you moved temporarily to look for a job in a new city and how did you do it?
I’ve never actually moved to start looking for a job on the mistaken theory that the grass is always greener on the other side.I’ve always found that Erma Bombeck take on this, The Grass Is Always Greener over the Septic Tank, is more likely to be accurate.Your prospects, if you are unemployed, are always, always, always • did I say always? • better in an area where you have an existing support system of friends and family to try and help you with the search.An existing personal network, in other words, who are invested in your future success.Instead, I:Get an interviewThey fly me outThe put me in a hotel • I guess you could consider this “temporarily moved”I did the interviewThen, either I:Got the offer immediately, orFlew back home, and got the offer laterDepending on when the offer happens, then I had to decide on whether or not to accept it, this usually takes a couple of days to a week, since it’s a pretty big decisions for me.Sometimes an immediate offer will extend the hotel stay to “give you time to explore the area, and, if you want, an admin will help you schedule in visits to look for places to live”, and arrange a car rental (or an extension, if they already gave you a rental).Taking a job somewhere is a huge commitment for me. This is because I’m going to be there at least a year, and probably longer. The only times this hasn’t been the case were all startups or work contracts.Usually I’ll have several offers outstanding at the same time, and from there I have to pick who to commit to for the foreseeable future from among them.I don’t like location change, since it uproots my life, I’m not a gregarious person to begin with • although Google kind of forces you into it, by the way they throw you into the deep end with the new employee training. You can either sit alone at lunch each day, or you can bite the bullet, and find someone else sitting alone and introduce yourself.So it’s a big decision, since I’m uprooting myself from my entire meat-space support system. My virtual-space support system is still there, but it’s best to find people local to you who will notice you physically missing, and come looking for the dead body.Once I decide on a job, I’m either going to have had that extra time “to look around”, from the immediate offer……Or I’m going to have to have some time to find a place to live. If I have to have that, they’re going to put me up in temporary housing, usually something like a Residence Inn.The immediate offer may do that anyway, since all my stuff will be on a truck, moving from where I used to live, to the new place.Otherwise……I’ll have a second (large) suitcase, containing several changes of clothes, minimum bedding, etc..And I find the bedroom/place in the bedroom that has the proper “Magnetic North” alignment with the iron particles in my nose, so I don’t feel disoriented waking up.There may be trips to Bed, Bath, and Beyond for incidentals, but I’m essentially living out of my suitcase, whether I’m “living rough” or living in temporary housing.I guess you could consider either of these as “temporarily moved”.Practically?I never move to a new place “to look for work”.Even if I have friends or relatives in the area to impose on, I might not actually find work. If that happens, I’m one of:That bum that lives on their couch…That bum that lives in their guest room…That bum that lives in their pool house…That bum who lives in their rental property, but doesn’t pay rent…Etc.I have friends in various places who’d have each of those types of accommodations who could put me up for a job search • but you quickly become a burden on them.If I move to a new area, it’ll be because I have a job, not to find one.
How can I fill out an IRS form 8379?
Form 8379, the Injured Spouse declaration, is used to ensure that a spouse’s share of a refund from a joint tax return is not used by the IRS as an offset to pay a tax obligation of the other spouse.Before you file this, make sure that you know the difference between this and the Innocent Spouse declaration, Form 8857. You use Form 8379 when your spouse owes money for a legally enforeceable tax debt (such as a student loan which is in default) for which you are not jointly liable. You use Form 8857 when you want to be released from tax liability for an understatement of tax that resulted from actions taken by your spouse of which you had no knowledge, and had no reason to know.As the other answers have specified, you follow the Instructions for Form 8379 (11/2016) on the IRS Web site to actually fill it out.
If the IRS knows how much money we owe, why do we need to fill out returns?
Because the IRS doesn't know how much money you owe. They know approximately what you made, and they know a little bit about some of your deductions, but they don't know whether and to what extent you are entitled to additional deductions or credits, or whether and to what extent you earned money from transactions not reported to the IRS. Even on the transactions that were reported to the IRS, the IRS doesn't always know how much of that income is actually taxable - or at what rate.
Which IRS forms do US expats need to fill out?
That would depend on their personal situation, but should they actually have a full financial life in another country including investments, pensions, mortgages, insurance policies, a small business, multiple bank accounts…The reporting alone can be bankrupting, and that is before you get on to actual taxes that are punitive toward foreign finances owned by a US citizen and god help you if you make mistake because penalties appear designed to bankrupt you.US citizens globally are renouncing citizenship for good reason.This is extracted from a letter sent by the James Bopp law firm to Chairman Mark Meadows of the subcommittee of government operations regarding the difficulty faced by US citizens who try to live else where.“ FATCA is forcing Americans abroad into a set of circumstances where they must renounce their U.S. citizenship to survive.For example, suppose you have a married couple living in Washington DC. One works as a lobbyist for an NGO and has a defined benefits pensions. The other is self employed in a lobby firm, working under an LLC. According to the IRS filing requirements, it would take about 15 hours and $280 to complete their yearly filings. Should they under report income, any penalties would be a percentage of their unreported tax burden. The worst case is a 20% civil fraud penalty.Compare the same couple with one different fact. They moved to Australia because the NGO reassigned the wife to Sydney. The husband, likewise, moves his business overseas. They open a bank account, contribute to the mandatory Australian retirement fund, purchase a house with a mortgage and get a life insurance policy on both of them.These are now their new filing requirements:• Form 8938• Form 3520-A• Form 3520• Form 5471 (to be filed by the husbands new Australian corporation where he is self employed)• Form 720 Excise Tax.• FinCEN Form 114The burden that was 15 hours now goes up to• 57.2 hours for Form 720,• 54.20 hours for Form 3520,• 61.22 Hours for Form 3520-A.• 50 hours efor Form 5471For a total of 226.99 hours (according to the IRS’s own time estimates) not including time to file the FBAR.The penalties for innocent misfiling or non filings for the above foreign reporting forms for the couple are up to $50,000, per year. It is likely that the foreign income exclusion and foreign tax credit will negate any actual tax due to the IRS. So each year, there is a lurking $50,000 penalty for getting something technically wrong on a form, yet there would be no additional tax due to the US treasury.”
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