Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The 90-day clock to petition the Tax Court starts from the date the Statutory Notice of Deficiency is mailed, not received. - Taxpayers with an address outside the U.S. are granted a 150-day window, instead of 90 days, to file a petition. - The IRS is legally prohibited from assessing the proposed tax deficiency during the 90 or 150-day petitioning period. - Enrolled Agents can represent clients in all administrative matters before the IRS but cannot file a Tax Court petition unless separately admitted to practice before the court. - Missing the petition deadline results in the tax being assessed and forfeits the right to challenge the liability before paying it. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep