I am assuming that most people who evade taxes do so because they want to keep the money all for themselves.  Well, for all of those currently evading taxes, I say enjoy it while it lasts . . . because it won’t last long.  Once the IRS catches up with you, and I am not saying “if” the IRS catches up with you (because they will!), you will not only
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As the IRS enforcement budget reaches unprecedented levels, more Americans than ever will be audited. And taxpayers threatened by IRS audits will need to know how to increase their chances of qualifying for tax relief.
In fiscal-year 2009, nearly 1.4 million Americans were audited, which equates to just over 1% of all tax returns filed. The IRS also collected $48.9 billion in back taxes and penalties through collection, examination and document-matching efforts.
The
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According to the  recent article on TheStreet.com “IRS to Expand Audits as Cash Runs Low” by Joe Mont, it appears the IRS is doing anything and everything they can to make up for the “estimated $14 billion that companies underpay in employer taxes a year.”  The IRS plans to execute a three-year campaign that will crackdown on 6,000 businesses.  No one is safe from IRS audits as Uncle Sam zeros
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You don’t have to be a tax attorney to follow the advice in the title!  The IRS watches everyone, whether you know it or not, and if you are going to try to sell advice on how to conceal income from the IRS, then you might as well put a bulls eye on your head that reads “IRS Tax Cheat”!  At Tax Resolution Services, we want to distinguish that we are a company that
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Are you a victim of investment fraud?  Do you want to see those people who schemed you punished?  Do you want to know how a US tax code can help you recover some of your losses?  If you answered “yes” to any of these, this is your lucky day!  Many people who fall victim to investment fraud (“Ponzi” schemes and the like), where you have lost all or most of your investment,
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I got an interesting email recently regarding the new health care law (see below for full email message) . The email FALSELY claims that the new legislation would require workers to pay income tax on the value of employer-provided health insurance. This is simply not the case.
It’s true that the value of employer-paid health insurance will be added to employees’ W-2 forms for information purposes, however, contrary to this
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Congress has increased the IRS’s enforcement budget to a record $5.5 billion — meaning hundreds of new agents hired for IRS audits and investigations. Fiscal year 2009 saw 1.425 million examinations of individual tax returns – the most seen all decade. The IRS also filed more than 3 million bank levies and nearly 1 million tax liens.
The trend towards tougher enforcement against tax avoidance means that more Americans than ever
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When it comes to tax audits, the IRS wins 80% of the time. Taxpayers are deemed guilty till proven innocent, which means the IRS can start an audit by disallowing every deduction you made on a return until each one is proven to be legitimate. If a taxing authority has decided to audit you, it’s important that you don’t let yourself be pushed around by the IRS. Additionally, if
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After the deal almost fell apart, the Swiss parliament and Swiss bank UBS agree to provide data to the IRS, finally collapsing the world’s most famous tax shelter.
With an historic deal on the brink of collapse, the Swiss parliament has approved the release of banking data to the Internal Revenue Service.
The deal, brokered in the wake of a Department of Justice investigation of Swiss banking giant UBS, pierces the Swiss
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As a Certified Tax Resolution Specialist I consider it my job to provide readers with all sorts of valuable tax information.  That is why I feel it is important to expose my readers to great sources of tax help they can reference in addition to my blog. Because I am dedicated to providing  tax relief and tax assistance,  I am always happy to see that same drive in others –
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There is a lot of tax information out there –  and whether you’re seeking expert tax help or just want to do a bit of  light tax reading, it can be overwhelming trying to filter through all the content available online. As offering expert tax relief and tax assistance is my drive and passion, it is important for me to keep up with the latest tax news. Keeping an eye out
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I recently read an article on CNNMoney.com written by Beth Braverman titled “5 things to know about getting audited.” I am always looking for helpful resources for my readers, so I wanted to share this IRS tax relief advice with you.  Here is a quick summary of the 5 tips discussed in the article.
1. Audits are on the rise
After filing your taxes, there’s always reason to wonder: Will the taxman
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The Internal Revenue Service is the most brutal collection agency on earth. Once they have you in their sights, you can count on them hounding you with IRS tax liens, IRS wage garnishments and IRS bank levies until they are satisfied that your IRS back taxes are paid. If you’ve been threatened by intrusive IRS collection tactics, it’s important that you take prompt action to delay or halt them. Check
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