Archive for February, 2011

National Tax Relief Expert Advises The Self-Employed on Important Changes to 2010 Tax Returns

Monday, February 28th, 2011

Last week I appeared on the Big Biz Show to continue my Tax Day Countdown advice. This time, we focused on top tax help tips for the self-employed.
Filing tax returns for the self-employed can get complicated. Independent contractors and small business owners must be extra careful about claiming deductions on their tax returns to avoid IRS problems. Oftentimes, claiming too many deductions will raise the IRS red flag for an
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Offshore Tax Evasion Defense Expert Discusses Pros and Cons of Second IRS Offshore Voluntary Disclosure Initiative

Monday, February 28th, 2011

The IRS is giving foreign account holders another chance to get back into the system with their Limited Amnesty disclosure program to expire in August 2011.
Last time the IRS offered this amnesty program in 2009, some 15,000 consumers with undisclosed offshore accounts fessed up, paying the IRS a collective $400 million in revenue. Hoping for a repeat, the IRS is offering the limited amnesty program again this year to give
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Tax Resolution Services Will Help Many Find Tax Relief But No Help For Woman Guilty of False Home Buyer Credit Claim

Monday, February 28th, 2011

Tax Resolution Services is made up of a team of tax attorneys and Certified Tax Resolution Specialists.  We provide tax relief services such as setting up IRS Payment Plans, helping consumers determine if they qualify for the Offer in Compromise program, sorting out tax liens, levies and seizures, working through Payroll Tax Problems and much more.  But if you’ve filed a false tax return or conspired to defraud the United
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Rush Limbaugh Tells IRS-Burdened Consumers “You Need Tax Defense Partners on Your Side”

Sunday, February 27th, 2011

As more IRS-burdened consumers are seeking relief from their tax troubles during a record year of federal spending on tax enforcement, Rush Limbaugh has endorsed Tax Defense Partners as a provider of solutions for taxpayers with IRS problems.
“If you owe $20,000 or more in back taxes, are under audit or have unfiled returns they can help,” said Limbaugh, one of America’s leading talk show hosts. “Tax Defense Partners will handle your
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No Tax Relief in Filing a False Tax Return for Florida Mortgage Broker, Just Possibility of Prison

Saturday, February 26th, 2011

On this tax blog, we frequently write about people who have evaded taxes, by not filing tax returns, and we acknowledge that this is construed as criminal behavior by the IRS.  Filing a tax return – with under reported income – is not any better than not filing your taxes at all.  Filing a false tax return is also regarded as criminal behavior.  The IRS catches people for tax evasion and
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Tax Resolution News: Tax Relief Expert Shares Tax Help Tips on The Big Biz Show’s Tax Day Countdown

Friday, February 25th, 2011

With Tax Day quickly approaching, struggling consumers who can’t pay their IRS bills come April 18th will need to know their rights and how to get effective tax help. I will be returning as a weekly guest on the nationally syndicated radio/TV program The Big Biz Show to help educate consumers on tax problem resolution strategies that will help the public resolve their IRS difficulties.
As you may already have read
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No “Innocent Spouse Claim” for Couple Involved in Tax Evasion and Claiming False Tax Refunds

Friday, February 25th, 2011

One person in a couple may find themselves in trouble with the IRS because of the actions of their spouse (or ex-spouse) even though they are innocent.  The IRS recognizes that this may be a possibility and has set up an “Innocent Spouse Claim” for those who had no idea that their spouse was guilty of tax manipulation.  The spouse must cooperate with the IRS and go through a qualification
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Innovation for Driving Small Business Growth: BusinessNewsDaily Interview with Michael Rozbruch

Thursday, February 24th, 2011

I was recently interviewed by BusinessNewsDaily for their CEO Roundtable “How Do You Innovate?” and I enjoyed sharing my thoughts on how innovation plays a part in my business.
Small businesses rely on innovation – and by “innovation” it doesn’t necessarily mean technology. Whether in your office, on your laptop or Blackberry, or your day-to-day management, innovation is the wheel that drives a business forward. However, how this translates into the daily issues facing
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Tax Relief Expert Michael Rozbruch Shares IRS Dirty Dozen on Big Biz Show

Wednesday, February 23rd, 2011

Recently, I appeared on the Big Biz Show with Russ and Sully to continue my Tax Day Countdown with what I call the “IRS Dirty Dozen”–which is a list of tax frauds that the IRS is looking to catch and penalize for.
You may have heard of some of these in the past or on the news; taxpayers and tax preparers are getting themselves in some serious trouble by trying to
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Updated Time: Big Biz Show Tax Day Countdown Today @ 12:40pm PST

Wednesday, February 23rd, 2011

Just wanted to let you know there’s been a time change for my appearance today on the Big Biz Show .
Tune in today at 12:40 pm PST for tax help tips for the self employed.  There are some important changes to the 2010 tax returns for self-employed taxpayers so if you have your own business or you are an independent contractor, you definitely don’t want to miss out on this show.
For
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An IRS Tax Audit May Have Caught Tax Refund Schemer

Wednesday, February 23rd, 2011

When someone is being subjected to an IRS tax audit, they may feel defensive, even if they are not guilty of tax evasion or owing back taxes.  They also may feel bitter about the large amount of time they will spend responding to the tax audit and defending their tax history.  In their frustration, they may ask “why are tax audits necessary?!”   Although the person in the scenario above may be
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Tune in Wednesday, February 23 @ 12:40pm PST to Big Biz Show For Tax Help Tips for Self-Employed

Tuesday, February 22nd, 2011

Tax season is here full-throttle and you know what that means? The IRS is geared up and ready with its record-high budget to come after taxpayers like you.
Tune in tomorrow, [NOTE updated time] February 23rd at 12:40pm PST to the Big Biz Show when I will be continuing my Tax Resolution Tax Day Countdown series to share some expert tax tips on how to avoid IRS problems if you’re an
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IRS Audits Reach Highest Level in Past Decade

Sunday, February 20th, 2011

The year 2010 was a banner one for the enforcement wing of the IRS. As reported by the Associated Press and other news organizations, the IRS increased the number of returns it audited by nearly 11 percent last year—some 1.58 million individual returns, compared to 1.43 million the year before.
Steve Miller, IRS deputy commissioner for services and enforcement states in the AP report, “We saw individual audits increase, reaching the
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Tax Relief News: IRS Announces 2011 Limited Amnesty Program for Offshore Account Holders

Friday, February 18th, 2011

When the IRS announced in 2009 a limited amnesty program for those with offshore accounts, the response was overwhelming—some 15,000 consumers came forward to disclose undeclared funds in foreign accounts, pay the piper, and become compliant. In all, the IRS netted $400 million. Buoyed by its success, the IRS has now announced a second chance at offshore tax amnesty.
As reported by the Wall Street Journal, consumers holding undisclosed offshore accounts
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Tax Relief News: How Paying For a Tax Pro Can Save Your Business Money

Thursday, February 17th, 2011

I came across a recent Wall Street Journal article on why paying for a tax professional for tax prep is a good idea. According to the article, many small business owners are cutting costs by doing tax returns themselves. However, the downfall comes in the enormous amount of time spent on these tax forms due to a general lack of understanding of the complex tax code–which could result in overpaying
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