Axiom Tax Resolution Group Blog - Axiom Tax Resolution Group
Prepare for an IRS Tax Audit: 5 Steps to Take Immediately

Prepare for an IRS Tax Audit: 5 Steps to Take Immediately

An IRS tax audit is a process in which the Internal Revenue Service (IRS) reviews the financial records of a taxpayer to verify the accuracy of their tax return. During an audit, the IRS will review records such as receipts, bank statements, and other financial...
5 Notable Red Flags That Could Trigger a Tax Audit

5 Notable Red Flags That Could Trigger a Tax Audit

When it comes to taxes, no one likes to be audited. An audit can be a time-consuming and often costly process, and it can also be stressful and embarrassing. That’s why it’s important to be aware of the red flags that could trigger an audit from the IRS. To help you...
What Are Payroll Tax Mistakes and How to Prevent Doing Them?

What Are Payroll Tax Mistakes and How to Prevent Doing Them?

Payroll management is a cost-saving option for small business owners. Although processing payroll might seem like a straightforward process, there are a lot of potential risks. Employee payroll procedures can be challenging and time-consuming.  As business owners...
Everything That You Need to Know About Wage Garnishment

Everything That You Need to Know About Wage Garnishment

Wage garnishment can be an intimidating process for both employers and employees, and it is important for both parties to understand the legal requirements and implications of wage garnishment.  To help you out, here’s everything you need to know about wage...
The Most Usual Payroll Tax Problems Small Businesses Face

The Most Usual Payroll Tax Problems Small Businesses Face

Small businesses are often faced with a variety of payroll tax problems. Payroll taxes are often one of the most complicated and confusing areas of taxation for small businesses. Small business owners should be mindful of the potential issues that can arise regarding...
5 Ways to Effectively Cut Down on Business Tax Liability

5 Ways to Effectively Cut Down on Business Tax Liability

Tax season can be a difficult time for businesses, especially for small businesses that may not have the resources to do thorough tax planning. And, if one does not know how to go about handling their taxes properly, not only may they end up paying more tax than they...
Everything about Tax Lien: How It Works and How to Stop One

Everything about Tax Lien: How It Works and How to Stop One

Tax liens are a common occurrence for many taxpayers. It can be a hassle for taxpayers, as they can prevent them from selling or refinancing a property until the lien is paid off. Fortunately, there are ways to prevent a tax lien from being placed on your property, as...
What Does Having a Tax Lien Mean and How to Remove One?

What Does Having a Tax Lien Mean and How to Remove One?

Tax liens are a common problem for taxpayers, but many people don’t understand what they are or how they work.   When a taxpayer doesn’t pay their taxes, the IRS or another taxing authority may legally claim ownership of the taxpayer’s property as a...
7 Important FAQs Regarding IRS Statutes of Limitations

7 Important FAQs Regarding IRS Statutes of Limitations

The IRS has a number of statutes of limitations in place that dictate how long the agency has to collect tax refunds, pursue an audit, or file taxes. These statutes can be confusing, so we’ve compiled a list of seven important FAQs to help you better understand...
Essential Questions You Need to Ask a Tax Resolution Firm

Essential Questions You Need to Ask a Tax Resolution Firm

With each new administration, the government looks for ways to help us fulfill our tax obligations. They want to ensure we are paying our fair share and doing so in a way that is efficient and easy to understand. There are also private entities that can help us with...