This episode of Beyond the Ledger takes listeners inside the world of tax controversies, exploring what they are, why they happen, and how experienced professionals resolve them. Host Shardae Layfield speaks with Bennett Thrasher’s James Pickett, a former IRS executive with nearly 30 years inside the agency, and Chris Stephens, a senior manager who handles both IRS and state tax disputes. Together, they explain that “tax controversy” refers to a disagreement between taxpayers and tax authorities, including audits, penalties, collection issues, and account mismanagement.
The discussion clears up common misconceptions, including the belief that audits are always adversarial or that state tax issues are easier to resolve than federal ones. Pickett and Stevens share real examples of audits that became complicated, the emotional reactions clients often have, and the importance of calm, experienced guidance when tensions rise.
By the end of the episode, listeners have a clearer understanding of how tax disputes develop, how to prevent them from escalating, and how skilled professionals can help achieve fair resolutions with the IRS or state departments of revenue.
Never miss an update. Sign up to receive our monthly newsletter to unlock our experts' insights.
Subscribe Now