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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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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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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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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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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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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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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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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Under reporting income is a serious crime.  It is also known as tax evasion and when the IRS catches up to you, you will pay, and not just a fine!  If you’ve under reported income and want to come clean with the IRS, there is no time better than today.  Tax Resolution Services has tax attorneys and Certified Tax Resolution Specialists that can help you sort through your taxes and
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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., (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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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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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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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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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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