
Episode 524: IRS Traps, Tax Myths, and How to Protect Yourself with Gerry Delang
In this episode, I welcome back Gerry Delang, founder of End Tax Problems Now, a firm he started in 2001 to help individuals and businesses resolve complex IRS issues. Gerry is who I call the “stress reliever”, because when you’re facing the most feared collection agency in the world, you need someone who knows how to fight back and win. We talk about what really happens when you get that dreaded IRS letter, why paying without question is the biggest mistake you can make, and how Gerry has successfully represented thousands of clients, including me during the 2008 crash. He also shares recent stories, common traps to avoid, and why most IRS issues are nothing to be ashamed of. If you’re an investor, entrepreneur, or anyone who’s ever dealt with tax stress, this episode could save you thousands of dollars and a ton of sleepless nights. Key Talking Points of the Episode 00:00 Introduction 01:02 Who is Gerry Delang? 03:18 The IRS as the most feared collection agency in the world 04:45 Why ignoring IRS letters is the worst thing you can do 06:00 The mistake of paying first and hoping for a refund later 07:18 Common life events that create non-filers: divorce, illness, job loss 08:40 The trap of 800-number “IRS help” companies and why most fail 11:29 A recent personal story: a $5,000 IRS bill wiped away in one call 14:37 Why most CPAs don’t want to touch tax resolution work 15:56 Even wealth advisors have IRS issues—Gerry’s surprising story 17:43 How to connect with Gerry for private, judgment-free help 18:53 Stress relief, timing, and why you shouldn’t wait Quotables “The IRS can freeze your paycheck, seize your bank account, or put a lien on your property with just one letter.” “The last thing you want to do is give the IRS your money and then try to get it back.” “When you offload to the right person, it’s like taking a 50-pound weight off your chest.” Links Gerry Delang gerry@endtaxproblems.com QLS Live http://smartrealestatecoach.com/qlspodcast QLS 4.0 http://smartrealestatecoach.com/qls4.0podcast Apprentice Program http://smartrealestatecoach.com/apprenticepodcast In the Trenches Bootcamp http://smartrealestatecoach.com/ittbpodcast 3 Paydays Virtual Event http://smartrealestatecoach.com/3paydayspodcast Masterclass ($297) http://smartrealestatecoach.com/webinarpodcast Masterclass (Apprentice) http://smartrealestatecoach.com/masterspodcast Wicked Smart Books http://wickedsmartbooks.com/podcast Strategy Session http://smartrealestatecoach.com/actionpodcast REI Blackbook http://smartrealestatecoach.com/reibb-dd 7 Figures Funding http://smartrealestatecoach.com/7figures-pod Landvoice https://smartrealestatecoach.com/landvoice-pod
From "The Smart Real Estate Coach Podcast|Real Estate Investing"
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