Chicago IRS Tax Attorney

Chicago Tax Team - We help business professionals solve their IRS problems - FOREVER!

Free Consultation

From Transactions to Relationships: The Follow-Up Blueprint

by

Unlock the Golden Rule for Business Owners: “The money is in the follow-up.” Dive deep into why nurturing past customers is the cornerstone of long-term success. This video short unveils the power of building relationships and transforming one-time transactions into lifelong partnerships. Don’t overlook this invaluable business insight—it could be the key to unlocking sustainable growth and prosperity for your business.

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

In the Arena of Business: Drawing Inspiration from Teddy Roosevelt

by

This enlightening short video explores the enduring wisdom of Theodore Roosevelt, the 26th President of the United States, and its relevance to today’s business owners. Titled “In the Arena of Business: Teddy Roosevelt’s Insights for Business Owners,” the video delves into Roosevelt’s famous “Citizenship in a Republic” speech, delivered in Paris in 1910. It highlights three pivotal takeaways for entrepreneurs and business leaders, directly inspired by Roosevelt’s call to bravery, action, and resilience.

Firstly, the video emphasizes the importance of being in the arena, drawing on Roosevelt’s belief that true achievement stems from active participation and risk-taking, not mere observation. It underscores the value of the opinions and efforts of those who dare to make a difference through their ventures.

Secondly, it addresses the significance of effort and persistence, acknowledging that even in failure, there is commendable value. The narrative encourages viewers to view setbacks and mistakes as essential parts of the entrepreneurial journey, offering opportunities for growth and learning.

Lastly, it celebrates the concept of recognizing successes, no matter their size, and learning from failures without succumbing to discouragement. It positions these practices as crucial for building long-term resilience in the business world.

The video serves as a powerful reminder of the virtues of bravery, action, resilience, and dedication to one’s cause. It aims to inspire business owners to embrace challenges with courage and determination, championing the spirit of entrepreneurship in the face of adversity.

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Fighting the IRS: It’s Personal

by

In this short video, I share the journey of my family across generations, transitioning from the hard labor of ironworking to the strategic battles of tax law. My story begins with my father, who carried on the ironworking legacy of my grandfather but sought independence from the constraints of union life.

Driven by a desire for autonomy, he started his own janitorial business, tackling a wide array of clients from grocery stores to airplane hangars. Despite the company’s growth, a significant oversight in maintaining proper records led to its downfall.

Following in the footsteps of my father and grandfather, I too became an ironworker, proud to be the third generation. However, life steered me towards a different path, and now I’m a tax attorney. My mission is to help business owners safeguard what they’ve worked hard to build. Battling the IRS isn’t just a job for me; it’s personal. This isn’t merely a story of shifting careers; it’s a narrative about legacy, evolution, and a deep-seated drive to overcome challenges.

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Navigating Tax Liens in Real Estate Sales

by

Friday, December 1, 2023 – In this insightful episode of Today’s Tax Talk, Attorney Steven Leahy explores the intricate process of selling property under the weight of federal and state tax liens.

With a focus on practical guidance, the episode demystifies the complexities surrounding federal tax liens, offering step-by-step advice on handling IRS Form 14135 and navigating the necessary documentation for a successful property sale.

This episode also delves into the specifics of dealing with state tax liens, using Illinois as a case study. This is a must-listen for homeowners and real estate professionals grappling with tax-related property sales, providing clarity and insights into this challenging aspect of real estate.

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Shakira Tax Troubles: Residence vs Domicile

by

Tuesday, November 21, 2023 – I recently wrote about the residency vs domicile question for Illinois residents moving to Florida. These taxing authorities do not acquiesce to taxpayers’ stated residency. They do not want to let the tax dollars go to any other jurisdiction. If you want to go to a low-tax State from a high-tax state – be prepared for the State to object.

In that vein: Pop superstar Shakira has avoided potential imprisonment by striking a last-minute deal on the opening day of her tax fraud trial in Barcelona. After nearly five years of maintaining her innocence, she admitted to six counts of failing to pay 14.5 million euros ($15.8 million) in Spanish taxes between 2012 and 2014. The trial, anticipated to last weeks with over 100 witnesses, ended within eight minutes.

Shakira agreed to a suspended three-year sentence and a 7.3 million euro ($8 million) fine, along with unpaid taxes and interest. A guilty verdict for tax fraud is now on her legal record, impacting another ongoing tax case.

The case revolved around her residence during 2012-14, with prosecutors arguing she spent sufficient time in Spain to warrant paying taxes on her global income, even though her official residence was in the Bahamas, where taxes are lower. Spain has pursued high-profile tax evasion cases. And will pursue more, I’m sure.

The Spanish Government alleged fraud – and threatened to imprison Shakira. Even if she believed she was innocent, it’s hard to face jail time if you lose. Innocent people go to jail all the time.

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Our Resources

Testimonials

Our Office

Our Office has represented Clients throughout Chicago & Northern Illinois. We represent many clients from Cook County; however, we have represented clients from:

DuPage County
Kane County
Kendall County
Grundy County

Lake County
McHenry County
Will County
LaSalle County

We have helped taxpayers in Wisconsin, California, Tennessee, and perhaps your state. No matter where you call home, we look forward to your telephone call for your FREE consultation.