Archive for October, 2010

Delinquent Tax Filing Beats Not Filing a Tax Return At All

Friday, October 15th, 2010

If you failed to file a tax return, for whatever reason, you still have a right to file a late tax return (also known as delinquent tax filing) no matter how late it’s filed!  Why should you file a delinquent tax return?  For one thing, it gets the IRS off your back.  Perhaps you failed to file your taxes a few years ago and the IRS never contacted you.  Well,
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Tax Help: How You Can Get Real IRS Tax Relief Without Getting Scammed

Wednesday, October 13th, 2010

As a tax relief expert, I am happy when I run across educational articles like the one published recently on Suite101.com about how to get IRS tax debt relief without getting scammed.
In light of the recent news stories about Roni Deutch and American Tax Relief under fire for deceptive business practices and cheating taxpayers out of thousands of dollars without delivering actual tax relief, there is no better time than
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Tax Help News: Tax Resolution Services, Co., Honored at Inc 500|5000 Awards Ceremony in Washington, DC

Wednesday, October 13th, 2010

I am very excited to share with all of you that our excellent tax relief team at Tax Resolution Services was recognized at the Inc. 500|5000 conference in Washington, DC on October 2, 2010 for our debut on Inc. magazine’s 2010 list of the 5,000 fastest-growing private companies in the country.
Our team earned the position of 1,691 on Inc’s annual list and ranked #89 in financial services, further distinguishing us as
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Businessman Tries to Use Offer in Compromise Program to Avoid Tax Debt of $1.4 Million

Wednesday, October 13th, 2010

The IRS established the Offer in Compromise program to help taxpayers who have experienced significant financial problems get a fresh start.  Although many people somehow feel that their “financial problems” will qualify, in reality only about 26% of those who applied for the Offer in Compromise program (in 2007) were actually accepted.  A perfect example of the other 74% is highlighted in the article below:
A 70 year old man in of Sharon,
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Tax Evasion Admitted by Police Employee Facing Prison; Seek Tax Relief Instead of Cheating on Taxes

Tuesday, October 12th, 2010

As a Certified Tax Resolution Specialist, one thing I know for certain, is that if you try to cheat the IRS, you will not win.  You may get away with it for a few years, but the IRS will catch up to you!  The IRS is serious about enforcing collection of back taxes, interest and penalties, with a $5.5 billion budget from Congress to enforce tax collection, so just know that
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Get Tax Relief for Paying Back Taxes to the IRS Even if You’re Broke

Sunday, October 10th, 2010

Sometimes back taxes happen to good people. If you owe the IRS money for unpaid taxes, then you are probably feeling overwhelmed by the desire to stick your head in the sand and are in desperate need of professional back tax help. If you owe back taxes you can’t afford to pay, don’t panic. Check out these insider tax tips that can help you obtain immediate tax relief to help
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The IRS Offer in Compromise Program Saves Tax Client $31,000, Owing IRS Less Than $2,000

Sunday, October 10th, 2010

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s 0ur way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
October’s Tax Client Of The Month is Tamanie B.
Tamanie owed the IRS over $33,000.  After several months of negotiations and advocacy, the IRS accepted a settlement of $1,962.00. Yes, this is correct, just $1,962.00, via the federal
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Top Tax Relief Lessons Learned from Celebrity Tax Woes

Friday, October 8th, 2010

Celebrities have been making a splash in the news lately; we’ve seen celebrities like Reggie Bush, Paul Hogan and Wesley Snipes make headlines for evading their tax obligations. While the media spotlights celebrity tax evasion stories, it’s not just the rich and famous who end up targeted by the IRS.
It’s a huge mistake to believe that the IRS only goes after the big fish. The truth is, the IRS is
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Do I Qualify for the IRS Offer in Compromise Program to Settle Back Taxes Owed?

Friday, October 8th, 2010

Did you know that 1 in 6 Americans has a tax problem?  That’s 26 million people in this country.  At Tax Resolution Services, we get inquiries everyday from people who owe more back taxes than they can afford to pay back and they want to know how they can resolve back taxes without going broke.  Our team of tax professionals often advises that the IRS Offer in Compromise program may
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Best of Tax Relief Tips as October 15th Tax Extension Deadline Approaches

Wednesday, October 6th, 2010

We’re one week into October and you know what that means? October 15th isn’t that far off. For those of you who filed for a tax extension deadline, now’s the time to get all your ducks in a row so that you’re prepared come next Friday.
As part of our dedication to educating taxpayers on their tax relief options, I’ve compiled a list of our top tax help blog posts here
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Tax Relief News: FTC Orders American Tax Relief to Shut Down For Cheating Taxpayers Out of $60 Million

Wednesday, October 6th, 2010

And another one bites the dust–The Federal Trade Commission (FTC) requested American Tax Relief, a tax resolution firm based in Beverly Hills, California, to shut its doors due to deceptive business practices that cheated American consumers out of some $60 million.
According to the FTC news release, “…In TV, radio and Internet ads, American Tax Relief LLC falsely claims it can settle consumers’ delinquent federal and state taxes for a fraction
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Tax Relief FAQ: What Are Your Options if You Cannot Discharge Your Back Taxes and IRS Debt in Bankruptcy?

Tuesday, October 5th, 2010

Due to the harsh reality of the current economy, more Americans are filing for bankruptcy. Although there may be a certain negative connotation attached to filing for bankruptcy, it is also an effective way for many people to get fresh new starts.
Filing for bankruptcy is one way in which you can discharge some of your tax liabilities. In fact, many IRS taxes, penalties and interest qualify for complete 100% discharge
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Dealing with Delinquent Payroll Taxes? Seek Professional Tax Help Fast or Find Yourself Guilty of Tax Evasion

Tuesday, October 5th, 2010

An employer’s obligation concerning payroll taxes is twofold: 1. withhold the proper amount of payroll taxes from all employees 2. pay the taxes owed to the IRS with the withheld money.  The downfall of many businesses is when they use collected payroll tax money to pay their operating expenses.  When a business owner avoids turning over the payroll taxes to the IRS, they may not realize the amount of penalties and interest
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More People Need Tax Relief for IRS Back Taxes Than Ever Before – Find Out Why!

Tuesday, October 5th, 2010

We are in a recession. This is no news. But you may be surprised to know that the IRS is taking the current poor economic state as an opportunity to double and triple their efforts to collect taxpayers’ back taxes and outstanding debts.
Why? Have a look at the video below where I quickly summarize the current economic condition and why taxpayers who owe the IRS need to get expert tax help now and
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Top Tax Relief Blog Posts: IRS News and Tax Help With Most Watched Video of September!

Monday, October 4th, 2010

September was a busy month! In addition to sharing our regular tax relief news on our website and blog, our team at Tax Resolution Services also launched a series of short tax help videos on Youtube to reach even more taxpayers in need of tax resolution.
So with October just rolling in, I’d like to take a moment and recapture some of our top blog posts from September, just in case
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