Archive for October, 2010

Tax Relief: How Successful Resolution is Defined for Taxpayers Facing Different IRS Problems

Sunday, October 31st, 2010

When you are working to resolve your back taxes, your definition of “success” will depend on the specifics of your situation. Some taxpayers find success in lowering their tax bill. However, not everyone is eligible to pay “pennies on the dollar” on their IRS back taxes, and in many cases, preventing or halting debilitating IRS collection tactics is vital to help struggling taxpayers preserve their finances to the greatest degree
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Employee vs. Independent Contractor – How to Correctly Classify Workers and Avoid IRS Employment Tax Audits

Friday, October 29th, 2010

Employers must beware of the federal and state crackdowns on the use of independent contractors to avoid payroll tax problems and employment tax audits. But how do you distinguish between independent contractors and employees? More importantly, how does the IRS determine who owes unpaid employment taxes and who doesn’t? Consider these tips to make correct determinations of worker classifications and avoid the wrath of IRS audits for unpaid employment back taxes and
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Need Tax Relief? Do Your Homework Before You Hire a Tax Resolution Firm!

Thursday, October 28th, 2010

Let’s be real. There are tons of firms out there offering tax assistance and a guaranteed 100% tax relief. There are also a lot of tax debt relief scams out there.
Tax Resolution Services (the Nation’s Leading Tax Negotiation and Mediation firm),  is the most credible tax resolution firm, providing incredible results. Our dedicated team of tax attorneys and Certified Tax Resolution Specialists provide expert and affordable tax relief for people with
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Settle Tax Debt with Professional Tax Relief Services, Not with Tax Evasion

Thursday, October 28th, 2010

You don’t get IRS tax relief by dodging taxes!  The best way to get tax relief is settling back taxes.  If you owe back taxes, let Tax Resolution Services help you settle your tax debt.  Afraid that you owe more than you can pay?  There are options.  The IRS has an Offer in Compromise program – where we may be able to negotiate a settlement amount that won’t break your bank.  If you don’t qualify for that, you
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Tax Help FAQ: Are Conversations With My Tax Attorney Or Accountant Privileged And Confidential?

Wednesday, October 27th, 2010

A question that certainly many taxpayers ponder when considering seeking expert tax help. If should be no wonder that when it comes to taxes, the law regarding confidential and privileged information is rather complex. Read on to find out what kind of information is considered confidential.
A: There is no simple answer to this question. Certainly whether communications with your accountant are privileged or not may be at the heart of any court
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Tax Relief News: Lessons Learned From Celebrity Tax Woes Revealed!

Tuesday, October 26th, 2010

With a record enforcement budget, the IRS is serious about collecting back taxes and penalizing those who have inadvertently or deliberately evaded their tax payments. A-list celebrities like Wesley Snipes, Paul Hogan, Reggie Bush and many others have faced severe IRS charges and penalties for evading large sums of tax payments.
The media loves to play up the distress of big-name tax evaders who have been caught by the IRS, but
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Tax Resolution Services Attends Super Advanced Tax Resolution Seminar For Top-Qualify Tax Relief

Tuesday, October 26th, 2010

My colleagues and I have recently returned from a very rewarding weekend in Las Vegas where we attended the Super Advanced Tax Resolution Seminar hosted by ASTPS (American Society of Tax Problem Solvers).
The seminar was held on October 21-23 and covered a number of important and useful tax relief topics from abusive trust tax evasion schemes to how to prevent levy, garnishment, and seizure of assets. The weekend-long seminar featured
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Expert Tax Relief Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

Tuesday, October 26th, 2010

Many taxpayers in the current economic downturn are struggling to make ends meet, have lost theirs job, are living off their 401K plans – and are facing a hefty debt to the IRS. The IRS is serious about its debt collection actions, appointing thousands of new collection personnel to ensure the federal agency collects on outstanding debts.
Owing thousands of dollars in back taxes to the IRS puts you in a
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Need for Tax Help Grows as IRS Seeks Funds to Bail Out Bankrupt Nation

Monday, October 25th, 2010

Did you know: Congress has pumped an additional $400 million into the IRS enforcement budget for fiscal year 2010.
This allowed  the IRS to add 4,000 to 5,000 new revenue agents to assess and collect taxes. The International Monetary Fund has even gone as far as to call the United States bankrupt. With the U.S. fiscal gap growing and the IRS going after delinquent taxpayers to increase tax revenue, there is
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Tax Help Alert: How to Protect Yourself as Zeus Trojan Hides Under IRS Name! Again!

Monday, October 25th, 2010

The Zeus Trojan attacks again!
According to PC1News.com, taxpayers received fake email messages from the IRS which inform them that the tax payments they made were rejected. Then the taxpayer would be redirected to the malicious website where users would have to enter the private information. The Zeus Trojan then saves this sensitive information for whatever purposes they wish.
Wanting to learn more, our tax resolution team went on to Snopes.com to
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Tax Relief News: Tax Relief Providers Seek Clarification from New FTC Debt Settlement Regulations

Monday, October 25th, 2010

Just weeks after the FTC’s orders to shut down American Tax Relief for cheating taxpayers out of $60 million, the Federal Trade Commission (FTC) is slated to enact the “debt relief service” amendments to the Telemarketing Sales Rule (TSR) that the FTC now says applies to the tax relief industry as well as to reign in the deceptive practices of debt settlement, debt resolution and credit counseling agencies.
[UPDATE 10/27/10: FTC
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Tax Professionals Can Help Settle IRS Back Taxes, A Better Choice Than Tax Evasion

Friday, October 22nd, 2010

Don’t act completely surprised when the IRS files a tax lien against you or your business!  If you’ve been evading taxes or hiding income, the IRS will seek you out eventually.   Avoiding taxes only leads to hefty fines and prison time.  Settling back taxes is not as daunting as it seems as long as you have a tax professional service in your corner.  Tax Resolution Services can help you settle
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Another Example of the IRS Enforcing Tax Collection: Prostitution Businessman Facing Tax Conviction

Wednesday, October 20th, 2010

Failing to file tax returns on time, failing to file taxes or trying to evade the IRS by conducting business in cash is just plain dumb.   With a $5.5 billion budget from Congress dedicated to enforce tax collection, the odds are that the IRS will come after you.   It’s a lot easier to seek professional tax help to resolve your tax problems than it is to try to explain to
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Tax Relief News: Expert Tax Relief Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

Monday, October 18th, 2010

Contrary to what some TV advertisements will have consumers believe, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, expert tax help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.
Many taxpayers in the current economic downturn are struggling to make ends meet, have lost theirs job, are
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Tax Relief News: FTC’s Shakedown of Tax Resolution Companies Contradicts Tax Law

Friday, October 15th, 2010

The media is buzzing about the latest tax relief company to be under fire for deceptive business practices. And the  FTC’s orders to shut down American Tax Relief for cheating taxpayers out of $60 million comes just weeks before the Federal Trade Commission is slated to enact the “debt relief service” amendments to the Telemarketing Sales Rule (TSR) to reign in the practices of debt settlement, debt management, debt resolution and credit counseling
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