THE REVERE ADVOCATE – FRIDAY, JANUARY 15, 2021 Page 17 SPORTS | FROM Page 11 later reported that the nationally televised CBS picture transmission went out, too, although the commentators, Lindsey Nelson and Jack Snow, continued the play-by-play audio. But they kept playing the game! The game had started at 1:30 p.m., but now it was well after 3:00 and heading to 4:00 as the second half started. Daylight wasn’t burning, to quote John Wayne from “The Cowboys,” it was running away and hiding, it being late November. With about 4:30 left in the third quarter, no times were exact because of the absence of a scoreboard; a punt by Boston College’s John Mihalik from midfi eld was blocked by Paul Tripoli. Anthony Smiley got the ball at the Alabama 42, picked up several blockers and went all the way to give the Crimson Tide a 13-6 lead. That must have been what jumpstarted the “Fever.” Flutie had been not much of a factor up until the fourth quarter. That changed in the fourth quarter as Flutie took over and along with two fourth-quarter touchdowns by fullback Bob Biestek, one on a fi ve-yard pass from Flutie, the other on a three-yard dive with 5:06 to go, the Eagles soared to 9-2, as great a come-from-behind victory as the school has ever experienced. Flutie Magic pulled it out for BC in the end Flutie fi nished 14-of-29 for 198 yards, over half of that total yardage in the fourth quarter. Defensive end Dave Thomas recovered two deadly (for Alabama) Tide fumbles in the fourth quarter to set up both BC TDs. Alabama never gave in, and with under three minutes left got the ball back twice, but BC’s defense hung on with stops at the Eagles’ 28-yard line, and fi - nally, on the last play of the game, at its own 11-yard line. Of course, the Malden guys stayed all the way to the end. Wet and cold, but happy to see a part of history. Flutie would go on to be one of the most celebrated collegiate players in modern times, winning the Heisman Trophy as the nation’s best player the next year, his senior season in 1984. He also led BC to back-to-back wins over Alabama, a 37-31 victory in Tuscaloosa, Ala., the next season. (Alabama never scheduled BC again!) Flutie – 5-10, 175 lbs. – was not projected as a professional QB, but went on to have a 20-year pro career in the USFL (1985), NFL (1986-89 and 1998-2005) and Canadian Football League (CFL, 1990-1997), including two stints with the Patriots (198789, 2005). Monaco did not end up wearing the Gold and Maroon of BC. After he fi nished a Hall of Fame career at Malden High, he became the Golden Tornadoes’ fi rst Division 1 scholarship quarterback since the 1940s, heading to South Kingston to play four years for the University of Rhode Island Rams. It was great to see history in the making...and we will all never forget the day we saw BC beat Alabama in our own backyard. Good times, indeed – a real memory-maker. IRS DEBT IRS off ers in compromise aren’t always the best way to eliminate IRS debt. The IRS does not have an unlimited amount of time to collect unpaid taxes owed by taxpayers. Oftentimes, taxpayers unknowingly and needlessly give the IRS more time to collect the tax. Pursuant to Internal Revenue Code Section 6502, the IRS only has 10 years from the date of assessment to collect the unpaid tax. This is called the Collection Statute Expiration Date (CSED). It is important to keep in mind prior to fi ling for bankruptcy, filing an offer in compromise, fi ling for innocent spouse relief or delaying the collection process by fi ling a collection due process appeal thar you should keep the following in mind: a. Be confident in the probability of success b. That success will result in less debt than waiting for the CSED Once you fi le for an Off er Holding up her vaccination sticker is resident Nancy DiOrio, who said it’s like receiving the fl u shot: only a pinch. CVS Pharmacy Staff members are shown ready to serve the Friendly Garden residents with their much-anticipated COVID vaccine shots on Wednesday. Pictured seated, from left to right: Coordinator Kathy Rolli with Leasing Assistant Sandra Santos. Pictured back row, same order: Resident Service Coordinator Cheryl McSharry, Co-op Liaison Saint Lot DuJour and Regional Education Manager Jason Jace. (Advocate photos by Tara Vocino) Resident Sharon Norton-Hatch said she feels alright to receive the Pfi zer vaccine. On Wednesday, Coordinator Kathy Rolli checked Daniel Zwicker’s temperature before he received the Pfi zer vaccine. in Compromise, that will extend the CSED for the time the Off er in Compromise is open plus an additional 30 days. Off ers in Compromise can be open for anywhere between six months and one year. With Covid-19, the time period is almost certain to be longer. Most Off ers in Compromise fail anyway. The CSED is tolled while the Off er is pending. The tolling ends once the Offer is accepted. Furthermore, the taxpayer must remain current for a period of fi ve years on all tax fi lings and payments. Making a payment plan in order to get the IRS off your back does not extend the CSED. Filing for bankruptcy extends the CSED plus an additional six months after the bankruptcy is finalized. If the bankruptcy fails due to the tax returns not being timely fi led, then you have simply given the IRS more time within with to colRecipient Cynthia Hanley said she feels relieved to receive the vaccination. Resident Samuel Aresco said it’s good that everyone is moving along in receiving the vaccine. lect the tax. You can fi le for bankruptcy for a federal income tax for any tax return that was due to be filed more than three years prior to the bankruptcy fi ling. Keep in mind that the original tax returns themselves must have been fi led on a timely basis. The CSED is not extended if you enter into an installment agreement with the IRS. It is not extended while it is requested and while it is in place. Also be careful when applying for innocent spouse relief. If both husband and wife sign off on a tax return, they are both liable for the taxes owed. To be eligible for innocent spouse relief, the following conditions apply: 1. There was a joint income tax return fi led for the year that resulted in the disputed debt 2. There was a substantial understatement of tax that was caused by an erroneous item on the return or the negligence of one spouse 3. The “innocent” spouse didn’t know or didn’t have reason to know there was a substantial underpayment of the tax liability 4. It would be inequitable or unreasonable to hold the spouse liable for the tax liability The problem is that fi ling for innocent spouse relief extends the CSED. If the CSED isn’t far off , you might be better off not fi ling for such relief. Remember: know the date of assessment and realize the IRS has only 10 years to collect that debt before you take any one of these courses of action.. Joseph D. Cataldo is an Estate Planning/Elder Law Attorney, Certifi ed Public Accountant, Certifi ed Financial Planner, AICPA Personal Financial Specialist and holds a Master’s Degree in Taxation. VACCINE | FROM Page 1
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