On: March 11, 2024
One of the scariest things a taxpayer encounters is owing money to the IRS. It can cause a serious financial burden to the taxpayer and leave them with little money to live on should the IRS move forward with tough collection actions. Forgetting to file your tax return(s) means that you are going to likely […]
On: March 1, 2024
Opening the mailbox to find a letter from the IRS sends your fingers trembling and your heart racing. Many Americans sit in fear each year of a tax audit and cross their fingers that they are not selected. Tax audits are not only stressful, but they are also time consuming and can lead to penalties […]
As if dealing with the IRS isn’t enough, now you heard someone say the IRS has the authority to put you in jail! Dealing with the IRS in any capacity can be scary and overwhelming. There is something about the agency’s reputation that instantly strikes fear in you when you receive a letter from them. […]
Two words that any business owner dreads hearing are “tax audit.” These two words are scary to most individual taxpayers and businesses alike. No one wants to deal with the IRS. Tax audits feel very invasive as the IRS wants to review your financial information and assets. Knowing how to survive a business tax audit […]
On: January 31, 2024
Small businesses in California are ever important as they help fuel the economy and meet the needs of other businesses and residents throughout. As a small business owner, you are required to comply with all of California’s tax regulations and rules – which can definitely become confusing quickly. There are multiple agencies that handle different […]
On: January 21, 2024
If you have just received a Notice of Intent to Levy from the IRS, you may be wondering just what you need to do. As you frantically try to figure out what is going on, you likely have a bunch of questions flying through your mind right now. One of the most important things to […]
On: January 11, 2024
The IRS wants perfect tax returns with no errors but the reality of it is that is just not possible. Between human error and computer error, there are bound to be returns that require attention. One of the most common issues that arise with taxpayers and puts the IRS on alert is underreported income. Failing […]
On: January 1, 2024
If you have never owed the IRS money before, the terms tax lien and tax levy are probably new to you. These two terms describe different actions that the IRS can take to collect on a debt that you owe them. Tax liens and levies are serious things and they can cause a lot of […]
Learning that you have a pending wage garnishment is enough to ruin your day. You probably have a bunch of questions soaring through your mind right now along with a little bit of panic. Fortunately, a wage garnishment can be stopped, but you must act fast. Hiring Leading Tax Group is a great move when […]
You come home from work only to open the mailbox and find a letter sitting inside from the IRS. Questions start circling through your brain immediately and your heart starts to pound. What could they want? The IRS sends out notices to taxpayers for a multitude of reasons with the most common one being that […]