When it comes to paying taxes, some people are criminals about it.  Sadly, some people who call themselves “tax professionals” are also criminals!  Chances are, if you are seeking tax help from a tax professional, you may already feel like you are in over your head.  If the “tax professional” gives you advice that sounds too good to be true, it just may be!  Do your research and arm yourself
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This Thursday’s deadline for Amnesty has many wealthy Americans with foreign bank accounts nervous and scrambling to get tax help from their tax attorneys. Don’t miss your chance of significantly reducing your likelihood of facing criminal prosecution–if you have foreign bank accounts (either with UBS or some other foreign bank) with funds that you have not paid taxes on, get tax help now before it’s too late.
The issue started this
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To help taxpayers like you and me survive through this economic recession, the government is making efforts to put more money in the people’s pockets–especially those who make a low income, Social Security and Railroad Retirement beneficiaries, and recipients of certain veteran’s payments.
You can find out if you qualify to receive the economic stimulus rebate by checking out the Q & A on the IRS website.
The pre-requisite for anyone wishing
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Are you being targeted by the IRS? We know all too well that the IRS is never going to give up or go away, and the stress alone can be overwhelming. But there’s hope if you have tax debt. Check out these true tax resolution stories from actual TRS clients.
We know that IRS tax problems can cause an immense amount of fear and anxiety that keeps you up at night.
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Tax fraud is committed every day.  One criminal act that seems particularly popular, that I’ve blogged about again and again, is filing false federal tax returns.  People do it for various reasons – I suspect that two of the top reasons would be to avoid paying taxes or to get a substantial tax return from the IRS, lining their pockets – and offshore bank accounts – with money.   But what good is money
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Recently I appeared on the Big Biz Show with Russ and Sully to talk about how it is imperative for taxpayers to understand that it is better to send in a check for $5-$10 to the IRS with their tax return than to not file at all. Listen to my full interview on how to resolve and avoid back taxes.
As a tax attorney, I meet clients every day who
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I just read that Nicholas Cage owes a whopping $6 million in unpaid back taxes. And this isn’t the first time the actor has gotten in tax trouble.
The New York Post Reports:
A notice of a federal tax lien shows that the “National Treasure” actor made a serious dent in the national debt — allegedly stiffing the Internal Revenue Service out of $6.25 million he owed in income tax from 2007,
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If you owe back taxes, the IRS can make your life miserable by filing a tax lien against you. However, if you don’t have significant assets or available income from which to satisfy an IRS debt in part or in full – you could qualify to have your case placed under uncollectible status – a designation that takes your case out of collection, until you have the ability
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After his comeback fight with Juan Manuel Marquez, Mayweather Jr. agreed to pay the IRS $5.6 million in back taxes before the IRS took it out of his purse.
According to the LA Times, “the IRS sent the Nevada Athletic Commission a levy notice on Sept. 4 ordering Mayweather’s unpaid taxes from 2007 to be deducted from his $10-million fight purse.” Essentially, the IRS managed Mayweather’s cash flow for him by
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Just wanted to share a great note I received from a recent tax relief client who received a successful resolution for his case!
Brett first heard about TRS on the Bill Handel show a couple of years ago, and then he drove down to Orange County from his home in Palmdale, CA to meet with me and learn about the tax help services that we offer to find out how
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The IRS can be difficult to understand–they have a whole set of terminology that is not used in any other realm except the one concerning taxes. So on top of understanding your legal tax obligations, it’s also important to know what key tax terms mean. Resolving your IRS problems can be frustrating and complicated, but getting the tax help you need doesn’t have to be.
This combination of deciphering the IRS
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Failing to pay personal income taxes for three years, Grammy Award-winning hip-pop star Method Man turned himself into the Staten Island DA’s Office to face felony charges.
The Wu-Tang member whose real name is Clifford Smith has now added IRS criminal charges to his rap sheet.
Tax problems will find anyone who ignores their accumulating back taxes. It can be overwhelming to anyone who has back taxes but isn’t sure how to
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If you need proof that the IRS is thinking more creatively than ever to catch tax evaders, read this article on how the IRS is mining social media networks like Facebook and Myspace to find people whose profiles reflect more income than their tax returns do.
The IRS is searching for information such as relocation information, professional profiles, and financial bragging updates such as “leaving on a private jet to France.”
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