Why did you start HelpIRS.com?
I started HelpIRS.com after several years ago and thinking about the IRS and potentially helping the agency and taxpayers. I started to construct an information portal in order to help taxpayers. In addition, the Tax Gap is a huge problem - for the IRS, and for the United States. I hope information helps to lowers the Tax Gap through simplicity and information.
Do you work for the IRS?
No, definitely not. In fact, I was late for paying taxes and the result was having to penalties and interest. But rather than being upset, I realized it was my mistake and my problem. And, when I finally decided to pay everything, the agency was helpful.
The IRS is the agency to handle everything. It’s complicated and always changing, based on Congress. Our service is simply trying to hopefully making it easier.
What happens when you’re late paying taxes?
You should consult with the IRS. But basically, what you owe the IRS occurs approximately 18% penalties and 7% interest. That equals 29%!
(I’m kidding, it’s 25%. That was a math joke.)
The thing is, the IRS is always trying to help. The worst thing is to run away and ignore it. The best is to work with the IRS.
Can you explain the Tax Gap?
Approximately 20% of the Federal taxes are not paid. There are a number of reasons and the excellent link to above are more accurate. It’s most individuals not paying vs. companies. Every dollar not paying taxes actually costs higher taxes, because the government needs money to operate. My personal belief is that the “carrot” (vs. “the stick”) is the way to lower the Tax Gap, through information, simplicity, and speed.
Do you like puppies?
Yes.