Archive for May, 2010

Tax Resolution Services Advocates for Tax Solutions – Not Tax Evasion

Friday, May 28th, 2010

As I think about the long weekend ahead, where many Americans pack their bags and drive to the lake or the beach to enjoy that extra day off, on smoothly paved roads and state-of-the-art freeways, bridges and tunnels, fully equipped with working stop lights, metering systems and watched over by highway patrol officers who make sure everyone is abiding the law, I wonder if anyone, other than the group of
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How to Get IRS Tax Relief from Back Taxes or Unfiled Tax Returns

Friday, May 28th, 2010

With the IRS enforcement budget reaching a record $5.5 billion, more Americans than ever will need to know their options for income tax relief and IRS help to resolve IRS problems and avoid financially debilitating penalties and levies. If you owe back taxes or have several years of unfiled tax returns, here are a few tips to help you get the IRS tax relief you need.
You can run, but you
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Nation’s Leading Tax Relief Firm Retains Highest Better Business Bureau Rating

Friday, May 28th, 2010

I am delighted Tax Resolution Services, Co., has received the industry’s highest Better Business Bureau rating and our distinctive Quality Assurance Division is recognized, acknowledging our commitment to providing the highest level of service and support to taxpayers!
In the current climate of heightened IRS enforcement and increasing consumer complaints about tax relief scams, Tax Resolution Services, Co., maintains the highest Better Business Bureau (BBB) rating in the industry. As the nation’s leading
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Great Tax Help Blog – TaxGirl Offers Valuable Insight to Satisfy All Your IRS Curiosities

Friday, May 28th, 2010

The tax world can be quite overwhelming for many individuals and businesses. You’re not alone and that’s why there is a lot of easily accessible tax information out there – the key is to filter out what is actually useful! Since offering expert tax relief and tax assistance is my drive and passion, it’s important to keep up with the latest tax news. Keeping an eye out for valuable tax
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No One is Safe from Tax Audits as the IRS Increases Aggressive Tactics

Thursday, May 27th, 2010

I recently came across an article by Bloomberg’s Ryan J. Donmoyer, IRS Demand for Tax Shelter Lists Has Companies Fearing Audits, that talks about how IRS Commissioner, Doug Shulman, is requesting that companies provide a detailed road map of their tax returns in order to simplify the work of IRS tax auditors.  The Internal Revenue Service has created a form that will require corporations to “list of all tax-saving transactions
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How to Get Business Tax Relief from an IRS Installment Payment Plan if You Have Unpaid Employment Taxes or Unpaid Payroll Taxes

Wednesday, May 26th, 2010

Because unpaid employment taxes/unpaid payroll taxes are considered trust taxes, these are the toughest IRS payment plans to negotiate. Collecting unpaid employment taxes/unpaid payroll taxes is a top priority for IRS. If you want business tax relief, you will need a tax attorney or Certified Tax Resolution Specialist to educate you on the best business tax relief solution for your specific situation.
It’s no secret that the Internal Revenue Service is
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Tax News for Businesses: New 2010 Payroll Tax Exemption & Payroll Tax Problems Relief

Wednesday, May 26th, 2010

Payroll tax is a topic that usually invokes a growl from small and large business owners alike – failure to keep up with payroll tax payments, as I’ve stated before, can be the “kiss of death” for many businesses. Having unpaid employment taxes/payroll taxes quickly results in IRS payroll tax penalties and suddenly your business is shut down, boarded up by the IRS and that’s the end of that. However,
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Big Biz Show Reveals Secret Weapons for IRS Tax Relief and How to Successfully Resolve Back Taxes

Tuesday, May 25th, 2010

I recently appeared on the Big Biz Show to discuss the new IRS enforcement initiatives for 2010 and the the post-April 15th tax developments Americans should be aware of! Though April 15th has come and gone, the IRS does not cease its operations. In fact, the first wave of collections for taxpayers who did not pay their returns in full is just around the corner!
Keep in mind that the
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Classic Case of Tax Evasion: Under Reporting Income Gets Florida Man 51 Months in Prison

Monday, May 24th, 2010

John A. Gullett, of Parkland, Fla., was sentenced to 51 months in prison, to be followed by three years of supervised release, after being convicted on four counts of filing a false tax return. Gullett was also ordered to pay restitution of $255,000 to the IRS.
According to court records, Gullett submitted false Form 1040 Individual Income Tax Returns, statements and documents for tax years 2002 to 2005. He under reported
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Tax Resolution Services, Co., Attends ASTPS Advanced Tax Problem Resolution Bootcamp

Friday, May 21st, 2010

This weekend our team of IRS tax relief pros will be attending the Advanced Tax Problem Resolutions Seminar in San Deigo, hosted by The American Society of Tax Problem Solvers. It’s an intensive 3-day bootcamp and our team of licensed professionals, including CPAs, tax attorneys and Certified Tax Resolution Specialists always look forward to learning, sharing and networking with other seasoned practitioners in the tax resolution industry!
ASTPS is the national,
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Tax Resolution Services, Co., Helps Taxpayer Resolve $150K in Back Taxes and Receive IRS Refund

Friday, May 21st, 2010

Tax Resolution Services, Co., (TRS) recently helped Eddie S. from Los Angeles, CA, who owed over $150,000 in back taxes, interest, and penalties permanently settle his IRS debt. With our help, Eddie had over $75,031 in penalties forgiven and received a refund from the IRS for more than $84,000 on interest paid!
There are 148 different types of penalties that the IRS can hit you (as a taxpayer) with. Fortunately, you
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Tax Professional Recommendation: Settle Back Taxes with a Tax Expert in Lieu of Tax Evasion

Friday, May 21st, 2010

No need to wait until the IRS comes knocking at your door and you find a tax lien filed against you to settle your back taxes.  You have a right to file your original tax return, no matter how late it is (also known as delinquent tax filing).   And if you owe more than $10,000 in taxes, like this real estate agent from Arizona did, I highly recommend having our tax professional team
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Taxpayers Must Beware of Tax Relief Firms That Misrepresent Their Ability to Resolve IRS Problems

Tuesday, May 18th, 2010

As the U.S. is still in the process of recovery from the economic downturn, taxpayers are more vulnerable to IRS problems and tax debt. To add to these troubles, an extensive list of so-called tax resolution companies are springing up, many of them misrepresenting their ability to offer tax help by overstating their staff’s professional skills, their ability to reduce IRS debt and offering 100% tax relief guarantees.
This month, another
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IRS Offer in Compromise Program is a Privilege that Connecticut Man Abused and Now Faces Prison

Tuesday, May 18th, 2010

The IRS Offer in Compromise is a program established by the U.S. Congress to help those who have serious financial problems get a fresh start.  It is a privilege, not a right, for taxpayers and you may be granted an Offer in Compromise only if you qualify.  The man in the article below is a great example of abusing the privilege of the IRS Offer in Compromise program and also
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Settling IRS Tax Debt: What Taxpayers Don’t Know About Tax Resolution Could Hurt Them

Monday, May 17th, 2010

I’ve blogged before about how IRS Commissioner Douglas Shulman has pledged greater flexibility for taxpayers who have fallen on hard times and owe IRS back taxes.  However, it’s still important to remember that “Revenue” is still the IRS’s middle name.
Due to the economic challenges of the current recession, more tax settlements than ever are expected to be submitted to the IRS this year. While taxpayers with back taxes
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