IRS Episodes

This week on Becoming Financially Confident, Ralph Estep Jr., a licensed public accountant with more than 30 years of experience, and Juliet, a first-time entrepreneur, dig into the money decisions that can get expensive fast. From IRS letters and credit scores to adult kids moving home, rising health insurance premiums, grocery-store financing, car maintenance, medical bills, and surprise expenses, this episode covers the everyday financial choices that can have a much bigger impact than you e...

Hosts: Ralph Estep Jr., LPA & Juliet, first-time entrepreneur What happens when a small IRS notice sits unopened in your junk drawer? In this episode of Becoming Financially Confident, Ralph Estep Jr. breaks down how an IRS notice can escalate from a CP14 to a final notice, plus what you should do as soon as a letter arrives. Ralph and Juliet also cover why retirees still need emergency savings, a proposed homebuyer savings match, the iPhone Siri settlement, using AI for money questions, and ...

Feeling the IRS pressure? You're definitely not alone! Today, Ralph Estep Jr. dives into the nitty-gritty of what to do when you can’t pay Uncle Sam. We’re laying down four simple strategies to help you dodge those pesky penalties and regain your financial footing. By the end of our chat, you’ll be packing away that stress and stepping into the light of confidence by learning 4 strategies to avoid major IRS penalties. Read today's blog article Check out the full podcast episode here Ever felt th...

Are you lying awake at night, worried the IRS might show up at your door like a surprise party you never wanted? We’re diving into the nitty-gritty of the IRS tax debt statute of limitations today, answering the burning question: how far back can they come after you for those taxes? Trust me, if you’ve felt the weight of tax debt, this episode is your golden ticket to some peace of mind. We’ll break down your rights and responsibilities, and even sprinkle in some biblical wisdom to guide you thr...

Are IRS penalties keeping you up at night? Well, today we're diving into the world of reasonable cause, where there's a chance to wipe those pesky penalties off the books! Our listener, Tiffany, reached out for some relief, and we’re here to help her (and you) find that glimmer of hope in a pile of tax stress. We'll unpack what reasonable cause really means, share some super relatable stories, and equip you with the know-how to tackle those IRS woes head-on. So grab your favorite drink, kick bac...

Ever get a surprise check from the IRS and think, “What in the world do I do with this?” Yeah, same here! Today, we're digging into the wild world of tax refunds, exploring why they pop up and how to handle them like a pro. We’ll chat about common scams that could turn your happy dance into a horror show and share some savvy strategies to make that cash work for you instead of against you. Spoiler alert: breaking even on your taxes might not be as awesome as it sounds! By the end, you’ll be arme...

So, we’re diving deep into the world of taxes today, and guess what? The main point is figuring out how to dodge those pesky red flags that could trigger an audit. Ever hit that "submit" button on your tax return and felt your stomach drop at the thought of an audit? Yeah, me too! Don’t sweat it, though—we’ve got your back with some solid tips to keep your returns looking squeaky clean. We're talking about keeping it honest, organized, and making sure you've got all your ducks in a row. By the e...

Ever cracked open your mailbox to find an IRS envelope and felt your stomach drop like it’s auditioning for a horror movie? Yeah, we’ve all been there! Today, we’re diving into the wild world of tax notices, breaking down why they show up and how to handle them without losing your mind. Spoiler alert: it's usually not as bad as you think! From deciphering what that CP2000 notice really means to tips on preventing these pesky letters from sliding into your mailbox in the first place, we’ve got yo...

Have you ever thought about what could cause an IRS audit? Tune in to this episode of the Ask Ralph Show with Ralph Estep Jr. as he discusses the topic of IRS audits. What are 8 common reasons for getting audited by the IRS? With Ralph Estep, Jr. In this episode of the Ask Ralph show, host Ralph Estep, Jr. addresses the anxiety-inducing topic of IRS audits. He starts by delving into a listener's question regarding audit concerns for small business owners. Ralph outlines the 8 most common IRS aud...