Welcome back, I am your host, attorney Steven Leahy, and this is the IRS Radio Hour on AM 560 The Answer. Now, remember, the show is hosted and sponsored by Open Text Resolutions and the Law Office of Stephen Alayhi PC. Their telephone number is 312-6646-649. Well, ladies and gentlemen, as we said right before the commercial break, it is the blog segment. The blog, and this week, Uncle Steve, attorney Lahey, what is the blog? A blog about the black blog. Our blog post might say the blog is an article I write every week. And so, this week, I wrote an article and it's titled "Can my IRS debt be reduced? SFR returns." Oh, this is the most common question I get from people. Can you reduce what I owe the IRS? And the answer is sometimes. Okay, so what I want to talk about this week is SFR. And we talked a lot about SFR, said F SR, that I say that I R safe. So, SFR stands for Substitute for Return. And what this means is if I don't write, we talk a lot about unfiled tax returns. And so, if I have unfiled tax returns and the IRS thinks I owe money, they don't just leave it sit there. They do my return for me, and this is what they call a Substitute for Return. The IRS will tell you this is not a service, it is a penalty. Oh, wow, this is valuable information. Let me write that down. That means that they're going to do it for you, but they're not going to give you any deductions, they're not going to give you exemptions. So, that means that it's going to exaggerate greatly what you owe. So, you're going to get a bill in...
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Video instructions and help with filling out and completing Are Irs Form 13844 Reduced
