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Golden Lion Tax Solutions

May 29, 2023

The Ins and Outs of Innocent Spouse Relief

There have been whispers of innocent spouse circulating throughout the tax world. But what exactly is an innocent...

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SEDs of Tax Debt Solutions

May 22, 2023

The Primary SEDs of the IRS Alphabet

When working with the IRS, one can get lost in the alphabet soup of the references tossed about as easily as...

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How does my Past-Due Tax Debt Seem to Grow Overnight?

May 15, 2023

How does my Past-Due Tax Debt Seem to Grow Overnight?

So you file a personal income tax return and there’s a tax balance due that you can’t pay. Now what? The IRS or...

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Making Sense of the IRS Fresh Start Initiative with Golden Lion Tax Solutions

May 08, 2023

Making Sense of the IRS Fresh Start Initiative

You’ve probably heard ads on the radio, scrolled passed ads online, or seen television commercials touting...

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Installment Agreements for Tax Debt Solutions

May 01, 2023

An Overview of Installment Agreements

Installment Agreements, more commonly referred to as Payment Plans by the States, are the most common...

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Offer In Compromise Tax Debt Solutions

Apr 24, 2023

How to Reduce a Tax Debt if you are Not an Offer in Compromise Candidate

If you are not an Offer in Compromise candidate, there are still ways to request a reduction in your...

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Credible Tax Debt Solutions

Apr 17, 2023

Is this real or am I being scammed?!

One of the scariest things is being told you have a tax debt and being threatened with the police showing...

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Offer in Compromise Tax Debt

Apr 10, 2023

So You Owe a Tax Debt and Want to Know if You Are an Offer in Compromise Candidate?

We’ve all seen the commercials… there’s usually a couple standing in front of a...

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1040 Tax Debt Solutions Colorado

Apr 03, 2023

Trust Fund and Personal Responsibility Assessments in a Post-Covid World

When an individual or group decides to open a new business, it’s a very exciting time. The possibilities are...

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Tax Debt Solutions

Mar 27, 2023

How to Best Prepare In Case of an Audit

As a taxpayer, one of the most dreaded letters you can receive from the Internal Revenue Service is the one...

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1040 Tax Debt Solutions

Mar 20, 2023

What Sets Us Apart from Other Business Formation Companies

There is no more exciting (and often nerve-wracking) time in your life than when you decide to start...

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Common Tax Resolution Terms Explained

Mar 13, 2023

Common Tax Resolution Terms Explained

If you have had any exposure to the U.S. tax world, you have probably heard some of these phrases:...

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“To Extend or Not to Extend?”… That is the Question

Mar 06, 2023

“To Extend or Not to Extend?”… That is the Question

Income tax return filing extensions… wow, are they convenient when something happens in your life, and...

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The Most Common Notices Issued by the IRS and What They Mean

Feb 27, 2023

The Most Common Notices Issued by the IRS and What They Mean

I’ve always loved receiving mail. Why you ask? The possibilities of what could be found in the box: a...

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The Importance of Having a Reliable and Trustworthy Tax Return Preparer

Feb 20, 2023

The Importance of Having a Reliable and Trustworthy Tax Return Preparer

Our company’s focus in the financial world is on a small, often unknown corner of the tax industry:...

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S-Corp Reasonable Compensation Audits

Feb 13, 2023

S-Corp Reasonable Compensation Audits

Reasonable compensation for S-Corporation officers can always be the tax return line item to open...

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Employment Tax Requirements for Small Businesses

Feb 06, 2023

Employment Tax Requirements for Small Businesses

Operating a small business with employees can be extremely rewarding but also demanding in ways...

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Basic Information You Should Know About Common Tax Debt Resolution Options

Jan 30, 2023

Basic Information You Should Know About Common Tax Debt Resolution Options

Having a tax debt can be daunting. You’re probably wondering whom you can talk to for help and...

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My IRS Tax Lien was Released; Why Would I Need a Lien Withdrawal?

Jan 23, 2023

My IRS Tax Lien was Released; Why Would I Need a Lien Withdrawal?

Many clients come to me with the following questions about their tax liens: I had a tax debt...

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Wage Garnishments: One of the Biggest Threats to W-2 Taxpayers with a Tax Debt

Jan 16, 2023

Wage Garnishments: One of the Biggest Threats to W-2 Taxpayers with a Tax Debt

Imagine this: you have worked hard for your employer for the last two weeks, and when you receive your...

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Passport Revocation or Denial for Unpaid Taxes

Jan 11, 2023

Passport Revocation or Denial for Unpaid Taxes

How can a taxpayer’s tax debt allow the IRS to impact their U.S. passport? The IRS can inform the State Department...

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Start the New Year By Facing Your Tax Debt

Jan 02, 2023

Start the New Year By Facing Your Tax Debt

It’s 2023! The excitement from the holidays is dying down, and we are all working on re-focusing...

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New Year, New Resolutions

Dec 27, 2022

New Year, New Resolutions

It’s that time of year when everyone is reflecting on what habits they would like to focus on and...

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Business Formation the Right Way

Dec 21, 2022

Business Formation the Right Way

Exciting news! You want to form a business but need help figuring out what to do or where...

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As an Officer of an S-Corporation, am I Claiming Enough “Compensation”?

Dec 12, 2022

As an Officer of an S-Corporation, am I Claiming Enough “Compensation”?

This is something your accountant or CPA may have spoken with you about… the notion of “reasonable...

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Help! Is This a Tax Lien or a Levy?

Dec 05, 2022

Help! Is This a Tax Lien or a Levy?

Internal Revenue Service and state tax liens and levies are often confused...

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What Are Community Property Laws, and How Do They Impact My Tax Debt Issue?

Nov 30, 2022

What Are Community Property Laws, and How Do They Impact My Tax Debt Issue?

The first thing to understand about community property laws is that they...

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What Can I Do to Get Some Peace of Mind Before the Holidays?

Nov 22, 2022

What Can I Do to Get Some Peace of Mind Before the Holidays?

For most, the holiday season can be one of the most exciting times of the year. It’s a time to celebrate with...

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Tax Debt Resolution Companies: Friend or Foe???

Nov 14, 2022

Tax Debt Resolution Companies: Friend or Foe???

Let’s say you have a tax debt, and without knowing what direction to head, you log onto Google and type...

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One Tax Professional’s Viewpoint on the “IRS Army of 87,000 Agents”

Oct 31, 2022

One Tax Professional’s Viewpoint on the “IRS Army of 87,000 Agents”

Over the last few months, all political sides of the mainstream media have shared some information about...

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Taking the Mystery Away from Individual Estimated Tax Payments

Oct 07, 2022

Taking the Mystery Away from Individual Estimated Tax Payments

When it comes to tax debt, one area which seems to generate a great deal of confusion for taxpayers is...

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The Golden Lion Difference: You Do Not Have to Face Your Tax Debt Alone

Sep 30, 2022

The Golden Lion Difference: You Do Not Have to Face Your Tax Debt Alone

If you're struggling with tax debt, you're not alone. Millions of Americans face this same challenge every...

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What in the World is a Trust Fund Recovery Penalty?

Sep 26, 2022

What in the World is a Trust Fund Recovery Penalty?

If you are a business owner with employees, you are responsible for withholding a portion of their...

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23 Years In and Still Passionate

Sep 21, 2022

23 Years In and Still Passionate

23 years… when I stop to think what that actually represents, it’s shocking: 276 months, 1,196 weeks, 8,395...

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What is Currently Not-Collectible?

Sep 16, 2022

What is Currently Not-Collectible?

When it comes to finding suitable tax debt solutions to fit your needs, one of the options that could be available to...

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Am I An Injured Spouse or an Innocent Spouse?

Sep 12, 2022

Am I An Injured Spouse or an Innocent Spouse?

Filing a joint tax return with your spouse has many benefits. However, what you may not know is that...

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How to Handle a Federal or State Tax Lien

Sep 07, 2022

How to Handle a Federal or State Tax Lien

If you are an individual or business owner with outstanding tax debts, you may be facing the...

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What is Tax Debt Resolution?

Sep 02, 2022

What is Tax Debt Resolution?

If you are struggling with tax debt, there is a good chance that you are feeling vulnerable and overwhelmed. ...

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How to Resolve Your 941 Tax Debt Problems

Aug 31, 2022

How to Resolve Your 941 Tax Debt Problems

One of the most common services our business clients approach us about is 941 tax debt solutions. The ...

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How to Spot a Tax Debt Resolution Scam

Aug 29, 2022

How to Spot a Tax Debt Resolution Scam

If you are dealing with tax debt, there is a good chance that you could be feeling...

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Why You Need Professional Representation for Tax Audits and Appeals

Aug 24, 2022

Why You Need Professional Representation for Tax Audits and Appeals

If the IRS or State has notified you or your business that an audit is pending, it can be...

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