2:03:47 Well, he won a settlement from that suit and the state of California said, hey, that's taxable, right? And they were taxing 40% of the settlement he made. Well, that settlement's not taxable because he won it under, you know, excuse me, a a rights violation. Yeah, don't blame yourself for having real data. I'm gonna remember it. I'm gonna say, like, uh, uh, uh, give me the, uh, uh, that's when people really know what they're doing. It's in your brain, not a teleprompter. Keep telling them. The brain works faster than the mouth. So, uh, anyways, so what had happened is I ended up writing to the California Franchise Tax Board explaining to them that this award was not taxable. And you know, this is how the government works. They sent me three letters every month saying, we're reviewing what you sent us.
2:04:30 That means it actually went up to legal and we're doing some good work. And so when they finally- You said, piss up a rope. That's exactly what we said. Here's the law, bitch! That's right. You bureaucrats don't run stuff. We know what's going down. So we write a legal memo. We include in it the relevant tax law and IRC, that's the Internal Revenue Code, that pertains to the subject. And they ended up giving my client $250,000 back that he had paid in. I use that all day long. All day long. I could go on. Because they have no respect for you if you don't know. That's exactly right because... It's like you don't even speak the language. Well, it's like the DMV, right? Have you ever gone to the DMV and felt like those people just kind of have it out for you? They hate their job so they take it out on you?
2:05:15 Listen, these tax collectors are the same way. They're mad and because they kind of got a shitty job and then they don't know the law. They ask. So if they break the law, it's then up to the legal department at the IRS at the state to decide whether or not they broke it or not. And if they broke it, unless you have a tax attorney firm in your pocket to assert your rights, they're just going to say, we're sorry. Whatever, but the thing is, is we're able to say no, those rights that you had as an American, as a taxpayer, because as a taxpayer, you have a bill of rights separate from the bill of rights, meaning you have right to representation and you have right to pay not a penny more than you owe. And so once we assert those rights for you, that's when they'll start sending you back a refund if you have paid in wrongfully. It's like magic. When you know it, they just, it's like, oh, okay, you're in the know. It's like we're in the glasses and they live.
2:06:07 But if you don't have the glasses, you're screwed. Absolutely. And especially in this post, or if you still want to call it continuing pandemic economy that we live in now, the IRS has really used the hullabaloo to their advantage where it's very hard. It was hard before for the lay person to get through and get any information out of them. Now it's damn near impossible. And so If you're calling an organization that's charging you money and you can't get through to them to figure out even why or what you owe, that's an issue. So give us a call. We have a fast track line to the IRS and the state. We'll get through immediately. We'll figure out what the problem is and we'll solve it for you right then and there. A lot of types of businesses in law and in the taxes.
2:06:51 Really, you know kind of establishment companies are slow and weird but do their job at charging three times more Scam companies to charge you five times more and drag it out and then real companies It's just cut to the chase and get it done. That's exactly right And I do want to mention that you know of the plethora of tax issues as I said There was a past the present in the future, right? A lot of these things take a different time period of legal work that our professionals have to put in to get done. But that's the key. Yeah, some of the stuff's complex, but for most people it's very simple. For most people, it is as simple as asserting the rights of which they did not know they had. You're like, oh, you got a settlement? That's not taxable.
2:07:29 Exactly, right. You have the basics, like 90% of it's screw jobs and there's more complex stuff here. Alex, you'd be surprised how many people come to me and say, hey, I won this settlement for civil rights or for I was injured on the job and the IRS and the state are taxing them. It's in IRC 1 that that is not, that the first- And that's one of the tricks you've got. You've got thousands. We got thousands. That's just reading the actual code, believe it or not, and applying what the actual code says. is half of the job because they don't even, the IRS goes off what's called the Internal Revenue Manual. The IRM, look it up. What it is, is it's based on the IRC, but it's interpreted by clerks. It's opinion interpreted by clerks, not actual attorneys. It's like a judge just said Trump is guilty of January 6th in a criminal. No trial happened, but it's his opinion.
