Archive for April, 2009
Friday, April 10th, 2009
John C. Gedekoh III of Belle Vernon, Pennsylvania, was indicted by a federal grand jury in Pittsburgh on charges of filing false tax returns.
According to the indictment, Gedekoh knowingly filed false federal income tax returns for the years 2002 to 2005 by understating his gross receipts by $223,161.81. The IRS Criminal Investigation Division conducted the investigation leading to the indictment in this case.
If convicted, Gedekoh faces up to 12 years
Tags: avoiding taxes, filing false federal tax return, Free Tax Consultation, IRS help, IRS specialist, Pennsylvania tax help, Pennsylvania tax relief, tax attorney, tax cheat, tax evasion, tax relief, tax solutions
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Friday, April 10th, 2009
The IRS urges taxpayers who need additional time to complete their tax returns to e-file their requests for extensions by April 15. All taxpayers can e-file a Form 4868, Automatic Extension of Time to File at no cost from a home computer. This is a convenient and secure way to receive confirmation of your extension for your records.
The extension gives taxpayers 6 more months or until October 15 to file
Tags: avoid IRS penalties, failing to file federal tax return, filing tax returns, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax expert, tax extension, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services
Posted in Tax news and tips | No Comments »
Thursday, April 9th, 2009
It’s tax season – the perfect time to resolve your tax probelms and get your IRS questions answered!
Got tax questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, or tax relief in general? Call our office today at 1-866-IRS-PROBLEMS or visit www.taxresolution.com for a free tax resolution consultation.
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Question: Give it to me straight, please. I have substantial tax debt. What is the Offer in Compromise, and
Tags: Ask the Expert, ask the tax resolution expert, IRS problem solver, Offer in Compromise, Offer in Compromise program, tax expert, tax help, tax relief, tax resolution
Posted in Ask the Expert, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise | No Comments »
Tuesday, April 7th, 2009
The owner of Factory Direct Modular Homes in Brick, N.J., pleaded guilty to tax charges for under reporting the business’ income for tax years 2002 and 2003 by about $406,000.
Janice Pfefferkorn, 54, who also went by the name Janice Morton, pleaded guilty to a two-count Information charging her with two counts of filing a false federal tax return.
According to court records, as a broker for a modular home manufacture, Pfefferkorn
Tags: filing false federal tax return, Free Tax Consultation, Offer in Compromise program, tax attorney, tax charges, tax cheat, tax evasion, tax specialist, underreporting business income, underreporting income tax
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, April 7th, 2009
It’s tax season – the perfect time to resolve your tax probelms and get your IRS questions answered!
I’ve received several questions in the past few weeks asking about cancellation of debt and taxability. Below is a good summary from the IRS website.
Topic 431 – Canceled Debt – Is it Taxable or Not?
In general, if a debt for which you are personally liable is canceled or forgiven, other than
Tags: Ask the Expert, ask the tax resolution expert, canceled debt, cancelled debt, Michael Rozbruch, nontaxable income, tax advice, tax attorney, tax audit, tax expert, tax help, tax problems, tax relief, tax resolution, tax resolution services, Tax Tips, taxable income
Posted in Ask the Expert | 4 Comments »
Monday, April 6th, 2009
Prosecutors allege Washington, D.C., Council member and former Mayor Marion Barry has failed to pay more $277,000 in back taxes.
In a recent court filing, prosecutors told the court the politician had not made a tax payment during a period in which he took a Jamaican vacation and ran for re-election to the Ward 8 council seat.
“There is no excuse for the defendant’s failure to make payments to the District of
Tags: avoiding taxes, Back Taxes, Free Tax Consultation, IRS back taxes, marion barry, mayor marion barry, not filing tax returns, tax cheat, tax specialists
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Saturday, April 4th, 2009
In attempts to close the tax gap, the IRS is increasing tax compliance and aggressively taking action against tax cheats and tax promoters. As the tax gap grows, more Americans than ever will be facing audits and the IRS will be re-asserting it’s position on individuals who maintain frivolous arguments for not paying their taxes.
CCH (http://tax.cchgroup.com/) reports:
Sanctions were properly imposed on an individual who advanced a frivolous argument that he was not
Tags: Back Taxes, frivolous appeal, frivolous argumemt, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax attorney, tax audit, tax audits, tax cheat, tax cheats, tax compliance, tax evasion, tax expert, tax gap, tax help, tax promoters, tax protester, tax relief, tax resolution, tax resolution expert, tax resolution services
Posted in Tax news and tips | 1 Comment »
Friday, April 3rd, 2009
Kansas Gov. Kathleen Sebelius, Obama’s pick to head the Department of Health and Human Services, did not pay $7,040 in taxes between 2005 and 2007. She paid the back taxes and penalty after they were identified.
In addition to Sebelius, five other Obama administration nominees have come under fire for unpaid taxes including Tom Daschle and Timothy F. Geithner. Labor secretary Hilda L. Solis had to answer questions about $6,400 in
Tags: Back Taxes, employment taxes, hilda solis, i need tax help, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Kathleen Sebelius, Michael Rozbruch, Nancy Killefer, obama administration, Ron Kirk, tax attorney, tax cheat, tax evasion, tax expert, tax fraud, tax relief, tax resolution, tax resolution expert, tax resolution services, tax troubles, tim geitner, Tom Daschle
Posted in Tax news and tips | 2 Comments »
Friday, April 3rd, 2009
The Senate is expected to approve a 2010 budget that includes $825 billion in tax relief over the next five years.
The budget resolution offers tax help targeted largely to the middle class and would extend the 2001 and 2003 middle-class tax cuts enacted in the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 over the five-year span of
Tags: alternative minimum tax, Michael Rozbruch, Tax Cuts, tax expert, tax help, tax problems, tax relief, tax relief reconciliation act, tax resolution, tax resolution expert, tax resolution services, Tax Tips
Posted in Tax news and tips | No Comments »
Thursday, April 2nd, 2009
Many people may qualify for a significant reduction in their tax burden if they qualify for an educational tax break from the IRS. While there are tax benefits available for college and other post-secondary expenses, trying to figure out if and how your qualify for the various benefits can be confusing.
It can be difficult to determine which breaks you are eligible for and what will produce the greatest benefit. When
Tags: educational expenses, filing tax returns, IRS help, IRS problem solver, IRS tax problems, lifetime learning credit, Michael Rozbruch, tax attorney, tax benefits, tax benefits for education, tax break, tax breaks, tax deduction, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Tips, tuition deduction
Posted in Tax news and tips | No Comments »
Wednesday, April 1st, 2009
I recently blogged about the federal budget forecast for a $1.8 trillion deficit. There is close to a $400 billion tax gap each year. This means that taxpayers paid $400 billion less than they should have. Collecting these funds through more aggressive collection tactics by the IRS will be politically more appealing than raising taxes – so taxpayers beware!
Closing the tax gap will require greater IRS enforcement for individuals as
Tags: Back Taxes, federal deficit, IRS enforcement, IRS levies, Michael Rozbruch, Payroll Tax Problems, small business, small business tax help, small business tax problems, small business taxes, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Tips
Posted in Tax news and tips | 3 Comments »