I get really angry when I see books or advertisements from alleged former IRS agents whose big sell is that they will let you in on the “secrets” of the IRS. Do not fall for this! There aren’t any “secrets”. You only need to follow the tax law – it’s that simple. Some people want to bend the truth and convince you that you can get away with something because THEY have the inside scoop.
I remember a discussion I had with an IRS agent a few years ago while representing a client who was in tax trouble. The client went to a preparer who promoted himself as a former IRS employee, and this IRS employee-turned-preparer filed fraudulent returns with this supposed “insider knowledge”. Everyone who was a client of this preparer got in trouble with the IRS and owed significant amounts, to be paid back with interest and penalties. I asked the IRS agent where this genius preparer was now, and he told me the guy fled overseas and they were working on extraditing him. He was going to face some harsh consequences.
Legitimate tax professionals take hours and hours of continuing education each year, including ethics. They go above and beyond to raise the standard of their license requirements. They don’t need to resort to false advertising and fake refunds to get clients. The objective is to prepare returns correctly, and keep your clients out of trouble. We are here to follow the law, and many of these “former IRS” people try to make themselves out to be something they are not, in order to sell books or engage in fraudulent schemes to dupe the public.
I want to sell books too, and in my book “101 Ways to Stay Off the IRS Radar”, I discuss the tax mistakes to avoid based on the tax law, and I don’t mislead people with fake information. The book was in the Top 50 this week on Amazon, so clearly, I’m not the only one who thinks some of these people marketing “IRS secrets” are not all that.
And don’t get me started on those TV ads. I’ve had clients who came to me after they lost over $10,000 to these companies who did NOTHING.
Remember the woman on TV who promised “pennies on the dollar” for IRS settlements? She’s in jail now…….
I’ll be doing some free webinars, as well as some appearances across the country. Check the website for locations and other information.
Until next time…………..