Expert Tax Resolution Help in San Diego (Mission Valley)

The IRS requires that taxpayers report all cryptocurrency income on their taxes, but many taxpayers do not fully understand what that even means. In addition, many taxpayers do not even know that they are required to pay tax liability on their crypto income, which means the income goes unreported. Unreported crypto income in San Diego […] Read more...

Cryptocurrency transactions continue to grow in popularity and as they do, the IRS continues to create tax laws and regulations to ensure they get their fair share of the money. The IRS is no stranger to cryptocurrency, and they have started to make themselves known to taxpayers through audits coupled with serious hefty fines and […] Read more...

Having foreign bank accounts, income, assets, or investments means you are under the microscope of the IRS, and you definitely do not want to step out of line. The IRS has a program in place to identify and tag any taxpayers who do have offshore accounts to ensure they remain in compliance with all tax […] Read more...

Whether you are new to Bitcoin or you have been investing in it for some time now, you will find that the tax laws and regulations surrounding this form of cryptocurrency change regularly. Due to the frequent changes, it can be difficult for taxpayers to keep up with what is required of them. A simple […] Read more...

Cryptocurrency, since making its debut, has been a huge investment opportunity for beginner and experienced investors alike. While the opportunity to get your hands on crypto has paid off for many, it does come with quite a bit of risk as well. That risk is in the form of tax penalties and taxation laws. The […] Read more...

As the laws around cannabis continue to ease up, there are tremendous opportunities available for businesses throughout San Diego and all of California. While the industry continues to heat up, so do the tax laws and financial regulations that the government imposes too. Leading Tax Group is one of the few tax agencies in the […] Read more...

As businesses in San Diego continue to take advantage of the new legalization related to cannabis and marijuana, it is no surprise that sales continue to rise year over year. If you are the owner of a cannabis or marijuana business, it is essential that you make sure your company is safeguarded against audit risks […] Read more...

Undergoing an IRS audit is stressful and can leave you on edge until you receive a notice in the mail with the results of the audit. But, what if the results are not what you thought they would be? Or, what if you do not agree with the results of the audit? You do have […] Read more...

When it comes to owing the IRS money, they can and will come after you to collect it. They want their money, and they will make sure they get it, sometimes, in the form of what is known as a bank levy. A bank levy is a forcible action that the IRS can take against […] Read more...

If you have received notice of a wage levy from the IRS, you need to contact Leading Tax Group right away. A wage levy notice is when the IRS informs you of its intent to seize a portion of your wages to pay off a tax debt that you owe them. A wage levy is […] Read more...

When your business owes a tax liability, the Franchise Tax Board is charged with the collection of the debt and will reach out to you to recover the debt. The FTB wants their money, and you can bet that they will not simply give up because you can’t pay, or they cannot get a hold […] Read more...

Receiving a notice in the mail from the Employment Development Department can invoke a lot of stress but the best thing to do is open the letter, read what it says, and then contact an experienced tax team to help you out. An Employment Development Department audit is one type of audit that you may […] Read more...

As a business owner, if you have been informed by the Board of Equalization that you are being audited, it is crucial that you call Leading Tax Group right away. A BOE audit is a serious thing and not something that you want to attempt to go through on your own. The BOE is known […] Read more...

Receiving a notice in the mail from the IRS is nerve-racking and if you have received one indicating that you have been chosen for an audit, you may not know what to do. The first thing you definitely want to do is call Leading Tax Group and secure the best tax representation in San Diego, […] Read more...

When you owe money to the IRS, you can bet that they will come after you to collect the debt you owe. But what do you do when you cannot pay the debt that you owe? Many people do not have a bunch of extra funds laying around that they can pay to the IRS, […] Read more...