Taxes Episodes

Beware of Tax Scams - Join Ralph Estep, Jr. and learn how to avoid tax scams and protect yourself from fraudulent schemes. Join us as we discuss warning signs, prevention tips, and what to do if you fall victim to a tax scam.

Are you feeling overwhelmed with tax season? Tune in to our latest episode where we dive into the world of filing a tax extension. Join Ralph Estep, Jr., and learn the pros, cons, and steps you need to take to navigate this process effectively.

Dive deep into the world of Roth IRA conversions with Ralph on the latest episode of the Ask Ralph Podcast! Learn about the benefits, ideal candidates, and strategic timing for converting your traditional IRA to a Roth IRA.

Dealing with taxes after a loved one's passing? Let's navigate this together! Join Ralph Estep, Jr., as he breaks down death and taxes and provides a roadmap for managing the process during this emotional time.

Join us on the Ask Ralph Show as we unravel the Employee versus Independent Contractor dilemma in the new rules effective from March 11th, 2024! Learn how to navigate the complex world of worker classification and protect your business interests.

Have you ever been puzzled by an IRS notice? Discover how the IRS has simplified their notices to make things clearer and easier for you to understand. Join Ralph Estep, Jr., as he reviews the simpler IRS notices.

Attention all taxpayers! Did you know millions of people face the reality of owing money to the IRS every year? When you owe the IRS unpacks the secrets to resolving tax debt stress-free. Don't miss out on Ralph's expert advice!

Worried about IRS audits? We've got you covered! In our latest podcast episode of the top 10 IRS Audit Flags, we spill the beans on the common mistakes that could land you in the hot seat with the IRS. Learn the secrets to protect yourself and your...

Thinking of doing home improvements? Want to know if you can deduct the expenses on your taxes? Join me as we uncover the truth about deducting home improvements.

SEP IRAs explained in detail in this episode of the show. Join Ralph Estep, Jr., as he shows the huge tax savings of using a SEP IRA to find your retirement.

Ralph Estep, Jr. aims to unravel common tax jargon. He goes over terms like adjusted gross income (AGI), itemized deductions, tax brackets, tax credits, tax shelters and the standard deduction.

Ralph Estep, Jr. provides an elaborate analysis some don't miss tax credits and deductions, specifically focusing on the child tax credit, earned income tax credit, lifetime learning credit, and the residential energy efficient property credit.

Discover the five tax blunders that can leave you broke. Learn about accurate record keeping, tax credits, planning ahead, seeking professional help, and seizing tax-saving opportunities for your business. Achieve financial stability and growth by avoiding these blunders and making informed decisions with your money.

In this episode of The Ask Ralph Show, host Ralph Estep Jr. explores the topic of beneficial ownership reporting, providing valuable insights into who truly owns and controls businesses. These regulations, implemented by FinCen to combat money...

Join Ralph Estep, Jr. as he discusses the important topic of reporting the sale of a primary residence. He provides information on the essential documents needed for accurate reporting, such as the closing statement, purchase and sales agreement, home...

The innocent spouse rules with the Internal Revenue Service are provisions designed to protect taxpayers from the tax liabilities of their current or former spouse. In this episode of the Ask Ralph podcast, host Ralph Estep, Jr. explores this crucial...

Ralph Estep, Jr. welcomes listeners to another episode of the Ask Ralph podcast, where he delves into taxes and financial matters. In this episode, he focuses on preparing for tax season and provides valuable guidance on finding a professional...

Join Ralph Estep, Jr. as he announces IRS updates regarding automatic penalty relief for taxpayers who had balances due in 2020-2021 but did not receive notices, covering eligibility criteria, ensuring address updated to receive refunds, and options...

Ralph Estep, Jr. discusses the pros and cons of emergency withdrawals from 401(k) plans. He highlights that while hardship withdrawals provide immediate funds during crises without repayment requirements, they can deplete retirement savings and incur...

Ralph Estep, Jr. discusses the steps for withdrawing an Employee Retention Credit (ERC) claim in today's episode of the Ask Ralph show. He emphasizes the importance of reviewing eligibility criteria, gathering relevant documentation, determining the...

Ralph Estep, Jr. discusses the best tax breaks for seniors in today's episode of the Ask Ralph show. He highlights tax-saving opportunities such as the extra standard deduction for seniors over 65, spousal IRA contributions, qualified charitable...

In this episode of the Ask Ralph show, host Ralph Estep, Jr. discusses the important topic of self-employment tax. He explains that self-employment tax is what individuals who work for themselves must pay on their income, including both employer and...

Ralph Estep, Jr. discusses IRS related identity theft in today's episode of the Ask Ralph show. He emphasizes the importance of responding promptly if the IRS contacts you regarding suspected identity theft and provides steps to take, including...