Gambling income is one of the fastest ways taxpayers find themselves facing IRS audits, underreporting notices, and collections actions. Between automated W-2G matching, limited loss deductions, documentation requirements, and aggressive enforcement, gambling creates risks that many people underestimate.

Business back taxes are one of the most common and most serious problems companies face when compliance slips over time. Whether the issue involves unpaid payroll taxes, unfiled business returns, or mounting IRS notices, once a business falls behind, the situation rarely resolves itself without intervention.

Gambling income is one of the most underreported and most aggressively enforced sources of taxable income in the United States.

At PRP Tax Law | Tax Representation Firm, we regularly represent taxpayers dealing with IRS audits, back tax filings, automated underreporting notices, and collections cases tied directly to gambling winnings.

One of the most common things I see when reviewing IRS transcripts, audit files, and collection cases is this:

“My CPA told me to elect an S corp because it would save me taxes.”

In theory, that statement is not wrong.

In practice, it’s often incomplete, oversold, and sometimes damaging.

It might surprise you, but one of the most common things I hear from clients is: “Well, the IRS told me…”

That phrase is often followed by something completely incorrect, misleading, or misstated, whether it’s about how much time the IRS has to collect (CSED), what kind of installment agreement you qualify for, how much you owe, or whether you even still owe at all.

One of the most common questions we hear from clients is: “Can the IRS take my Social Security?”
The short answer: Yes.
But the reality is more complex and often misunderstood. This post will clarify the legal authority, limitations, exceptions, and preventative strategies when it comes to IRS levies on Social Security benefits.

LLCs are everywhere in today's business world. From side hustlers to new entrepreneurs, forming a Limited Liability Company (LLC) has become a go-to move for anyone looking to “legitimize” their business or, more often, to save on taxes. But here’s the reality: for most small business owners.. see blog for more.

Every tax season, taxpayers are bombarded with ads promising “big refunds,” “same day cash,” or “up to $6,000 back.” These storefront tax preparation offices and pop‑up refund shops sell speed and refund size, not accuracy. Time and time again, taxpayers fall for the marketing only to become victims one or two years later, when the IRS audits the return and demands repayment.

If there's one pattern that shows up far too often in IRS controversy work, it's this: a taxpayer shows up with over $50,000 in IRS tax debt and a 401(k) balance of similar size. Their hope? IRS tax relief. Their reality? A hard look at asset equity.

In the age of Google, everyone thinks they're a few clicks away from solving their own IRS problems. It's tempting, there are thousands of blog posts, Reddit threads, and YouTube videos giving advice on how to respond to IRS notices or negotiate tax debt.

In tax resolution, the wrong representative can cost you time, money, and options. With more CPAs, tax preparers, and even attorneys claiming to “handle the IRS,” it’s become harder for clients to tell who’s actually qualified.

Many taxpayers unknowingly fall into IRS tax traps—situations that seem harmless but can trigger audits, penalties, tax debt, or even enforcement actions like liens and levies.

Ignoring an IRS notice may seem like a small decision in the moment, but it can have major financial and enforcement consequences that escalate over time.

Few things are as financially disruptive as an IRS wage garnishment. Unlike private creditors, the IRS doesn’t need a court order to garnish your wages or seize funds from your bank account.

Dealing with the IRS can be intimidating, and many taxpayers make avoidable mistakes that complicate their situation. Here are the top 5 mistakes and how to avoid them:

Common IRS Tax Penalties to Avoid. PRP Tax Law ‘s experiance and knowledge can assist in avoiding and defending against IRS Tax Penalties.

What Happens when you dont pay the IRS? PRP Tax Law knows all the procedures and rights you have in order to prevent, protect, and defend against IRS actions.