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The Liquid Lunch Project
Surviving IRS Notices: Strategies for Small Business Owners
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Surviving IRS Notices: Strategies for Small Business Owners

The Liquid Lunch Project Podcast | Episode 190

What’s scarier than Halloween? Those three little words: Internal Revenue Service. But guess what? You’ve got more power than you think.

In this episode of The Liquid Lunch Project, we sit down with Morgan Anderson, founder and CEO of Golden Lion Tax Solutions, to dive into the nitty-gritty of handling tax debt. Morgan shares her expertise on why small business owners shouldn’t fear the IRS, the common “oopsies” that lead to tax trouble, and actionable strategies to turn a financial nightmare into a manageable plan.

Whether you owe $2,000 or $200,000, this episode will show you there’s always a solution.

Morgan Anderson, known as “The IRS Whisperer,” has spent 25 years helping small business owners navigate the complex labyrinth of tax debt and audits. Combining her love of numbers, law, and problem-solving, she guides clients through their most challenging financial dilemmas. She’s also the author of Tax Debt Rule Number One: There’s Always a Solution.

Key Highlights:

  • Understanding IRS Notices: Why opening that scary envelope is step one to regaining control.

  • Levels of Tax Trouble: The difference between “baby problems” and “monster problems.”

  • Tips for Staying Compliant: Morgan’s advice on making estimated payments easy to manage.

  • Negotiating with the IRS: From uncollectible status to settlements, learn what’s possible.

  • Why Bookkeepers Are Gold: How a trusted financial team can save you from costly mistakes.

  • Real-Life Success Stories: How Morgan helped a client settle $180,000 in tax debt for just $4,800.

If the IRS is keeping you up at night, don’t miss this episode! Morgan’s actionable tips and insider knowledge could be the key to saving your business. Tune in now to take back control of your finances.


Favorite Quote:

“Align yourself with a great bookkeeper and tax professional, and bring those people into your inner circle. Think of them as your priest; confess everything to them.”

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The Weekly
The Liquid Lunch Project
After decades of experience on Wall Street, in finance and building teams of all sizes in multiple industries, Matthew Meehan and Luigi Rosabianca have a world-class understanding of what it takes to scale (and fund) a successful business. They are here to share a No-BS approach to what is involved in growing an empire.
A note before you go any further: This show is only for those who want to grow.
Every episode of this podcast is going to lay out actionable advice for business owners and entrepreneurs who want to grow their business. We have fun here - but the fact remains that everything you want is on the other side of something difficult. This show will help you get to that other side.