November 6th, 2009
What investors need do as the year draws to a close is take advantage of opportunities to improve their tax situation by getting the tax help they need to make strategic decisions for managing their investment portfolios.
However, with the current recession and federal tax revenues declining, investors should be aware that the IRS is going to take every step it can to collect what’s due. So the most important tax
Tags: deducting capital losses, deducting investment losses, IRS audits, irs problems, tax attorneys, tax help, tax tips for investors, year-end tax tips
Posted in Tax news and tips, tax help | No Comments »
November 6th, 2009
If you are being accused of failure to file taxes by the IRS but you have reasonable cause to fight the charges, you will need to provide concrete evidence to substantiate your claim. With IRS audits on the rise due to stricter enforcement, it is wise to keep important records that may later help you prove your innocence to the IRS.
Without strong evidence, it is highly unlikely that you will
Tags: Back Taxes, delinquent taxes, IRS debt, IRS help, IRS penalty abatement, Michael Rozbruch, tax attorney, tax help
Posted in Back Taxes, Seeking Professional Tax Help | No Comments »
November 5th, 2009
On Tuesday Madoff’s long-time accountant, David G. Friehling, pleaded guilty in the criminal investigation of the 20-year “Ponzi Scheme” that lost investors a total of $21.1 billion in cash.
According to the New York Times, “Mr. Friehling also pleaded guilty to three counts of obstructing the administration of the federal tax laws - charges added within the last five days to the government’s original complaint.”
This recent development shines light that may
Tags: David G. Friehling pleads guilty, IRS debt, Madoff scandal, Michael Rozbruch, ponzi scheme, recoup investment losses, tax attorney, tax expert, tax help, tax relief
Posted in Seeking Professional Tax Help, Tax news and tips | No Comments »
November 4th, 2009
Every year, for all sorts of reasons, people fail to file their taxes. When the IRS catches up to you, and they will, it is a crime that is punishable by prison time, a hefty fine, and often, both. The good news is, if you failed to file your taxes in years past, you still have time to do it. Many people do not know that you have the right to
Tags: delinquent tax returns, Failing to file tax return, failing to pay taxes, failure to file income tax, filing your taxes years later, Free Tax Consultation, IRS specialists, is it too late to file taxes from years past?, late tax filing, Seeking Professional Tax Help, tax attorneys, tax cheat, tax evasion, tax help by tax professionals, tax professional, tax relief, tax resolution services
Posted in IRS Tax Cases, IRS Times and Inquirer, Unfiled Returns - Delinquent Tax Returns | No Comments »
November 3rd, 2009
If you owe taxes, the federal government will file an IRS tax lien against you. Do you know what an IRS tax lien means? First and foremost, it means you are in tax debt and owe the IRS money. A tax lien filed against you also means that this is on the public record and it shows up on your credit report. A tax lien can tie up your personal property
Tags: finding tax relief, Free Tax Consultation, irs problems, IRS specialist, IRS tax liens, Nicholas cage owes taxes, nicholas cage tax debt, owing taxes, resolve a tax lien, resolve your tax debt, seek professional tax help, tax attorneys, tax help, tax lien help, tax liens, tax professional services, tax relief, tax resolution services, what to do if a tax lien is filed against you
Posted in IRS Tax Cases, IRS Times and Inquirer, Tax Liens and Levies | No Comments »
November 3rd, 2009
In certain cases when a married couple with an installment agreement cannot pay off the full amount, the IRS Chief Counsel can sometimes recommend that the IRS accepts the assignment of death benefits if one of the taxpayers dies.
In a recent case, one spouse of a married couple died before the installment agreement ended. The IRS wanted to seize all assets of the taxpayer covered by the agreement but was
Tags: CCH, Installment Agreement, IRS Payment Plans, Michael Rozbruch, tax attorney, tax expert, tax help, tax resolution
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November 3rd, 2009
In my years of experience as a tax resolution specialist, I have met many people who hold the misconception that the IRS primarily targets a specific group of people with back taxes–either the wealthy celebrity tax cheats or the Joe Six-Packs. This is simply not true.
Turn to the news and you will find a wide range of people who have been getting in trouble with the IRS. Just watch Entertainment
Tags: Back Taxes, celebrity tax evasion, Michael Rozbruch, tax attorney, tax expert, tax help
Posted in Back Taxes, Expert Help From Tax Attorney, Tax Liens and Levies, Tax news and tips | No Comments »
November 3rd, 2009
Matt C. was a freelance worker who never saved enough money to pay taxes at the end of the year. When the letter from the IRS came, stating that they were going to seize everything he owned - his heart sunk! Watch how he solved his IRS problems on the video below from TRS Files.
Matt was either going to flee somewhere and hide for the rest of his life or
Tags: Back Taxes, client testimonials, IRS property liens, TRS, TRS Files, trs files case stories, true tax resolution stories
Posted in Back Taxes, IRS Tax Cases, TRS Files, Tax Help Video, Tax Liens and Levies, Tax Problem FAQs | No Comments »
October 30th, 2009
Earlier this week, Democrats offered a bill that will strengthen the IRS’s ability to crack down on tax cheats who “hide” their full income by using foreign bank accounts.
Following the latest UBS deal that brought 7,500 Americans forward who had previously concealed their foreign bank accounts from the IRS, this new bill “would impose new reporting requirements on foreign financial institutions doing business in the United States, and on American
Tags: delinquent taxes, IRS debt, Michael Rozbruch, offshore tax settlement, penalty abatement for offshore accounts, tax attorney, tax evasion, tax expert, tax help
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October 30th, 2009
This is a story I wanted to share with you because the guy featured in this video, Gib, discovered that he was going to owe the IRS more than 35,000 dollars in back taxes, interest, and penalties. To hear how Gib was finally able to sleep at night because of a provision in the tax code called Innocent Spouse, watch the video from TRS Files now!
Gib was truly innocent of
Tags: Innocent Spouse, innocent spouse tax relief, TRS, TRS Files, trs files case stories, true tax resolution stories
Posted in IRS Tax Cases, Innocent Spouse, TRS Files, Tax Help Video | No Comments »
October 30th, 2009
Whether you’d like to avoid the IRS, contact the IRS, settle with the IRS or just want to refer a friend, relative or client, I’d love to hear from you. I would be happy to provide you or that special person you refer a free no-obligation confidential tax consultation to explain every option available to solve IRS problems. Tax relief client testimonials show some of the tax clients we have
Tags: IRS, IRS audit concerns, IRS concerns, irs problems, solve IRS problems, tax relief testimonials, tax resolution services
Posted in IRS Times and Inquirer | No Comments »
October 29th, 2009
Tax problems are tough to deal with–especially when the economy is not looking good. While it may be difficult to talk about your tax problems, it’s important for you to know that there are many taxpayers just like you who have resolved their overwhelming IRS debt by seeking professional tax help.
There are many reasons why taxpayers procrastinate on resolving their tax problems. Oftentimes, it can be easy to get paralyzed
Tags: irs problems, Michael Rozbruch, tax attorney, tax expert, tax help, tax resolution, tax resolution services, The TRS Files, true tax resolution stories
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October 29th, 2009
While the IRS is still busy sifting through some 7,500 names of Americans who disclosed their foreign bank accounts before the amnesty deadline earlier this month, Uncle Sam is already focusing its resources on catching other wealthy people who may have been evading taxes through other creative means aside from using foreign bank accounts.
This latest IRS reorganization program is lead by the “Global High Wealth Industry Group,” which will will
Tags: Back Taxes, delinquent taxes, foreign bank accounts, Global High Wealth Industry Group, IRS audit, IRS debt, IRS help, irs problems, Michael Rozbruch, tax attorney, tax evasion, tax evasion from wealthy, tax help, UBS
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October 29th, 2009
On Friday, the first American was prosecuted in a UBS tax case and sentenced to house arrest after admitting he concealed about $6 million in assets from the IRS.
Americans who missed the October 15th deadline for tax amnesty can still reduce severe IRS penalties for offshore accounts (including FBAR penalties that can amount to 200-300% of the asset value of the account!) Account holders need to get expert tax help
Tags: FBAR penalties, IRS penalties, offshore account holders, offshore accounts, Penalty Abatement, tax help, UBS tax case
Posted in IRS Tax Cases, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help | No Comments »
October 29th, 2009
Facing back taxes can be overwhelming, but must be done! Did you know that working through your back taxes owed doesn’t have to be done alone? I recommend professional tax services to help you find tax relief. Tax Resolution Services specialize in helping people resolve their tax debt one step at a time. Remember that no one can avoid taxes. Eventually the IRS will catch on to you like this attorney
Tags: Back Taxes, back taxes owed, evading taxes, facing back taxes, failure to file federal tax return, failure to file taxes, irs problems, professional tax services, resolve tax debt, tax attorneys, tax evasion, tax help, tax relief, tax resolution services, tax scam, tax scheme
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