Archive for March, 2011
Thursday, March 31st, 2011
Today’s Tax Resolution Tip:
Gearing up for tax day 2011? Check out these key tax tips I discussed recently on the Big Biz Show:
Tax Tip #1: Get help now! Find out if you qualify for tax relief.
Tax Tip #2: Prove you can’t pay.
Tax Tip #3: If you qualify for an IRS payment plan – get one!
Visit our FAQ Page to find answers for your tax questions or check out our Facebook page, 365
Tags: Back Taxes, big biz show, Free Tax Consultation, IRS debt, IRS help, IRS payment plan, tax attorney, tax day countdown, tax help, tax problems, tax relief, tax resolution services, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, General Business, IRS help, Seeking Professional Tax Help, Tax news and tips, income tax relief, tax help | No Comments »
Wednesday, March 30th, 2011
As news of tax resolution scams flood the media, the leaders of tax relief services such as enrolled agents, tax lawyers, and CPAs, have united to form the Tax Problem Resolution Services Coalition (TPRSC).
Founded by myself, Kathy Hill of Tax Tiger, Inc., Lawrence Lawler of the American Society of Tax Problem Resolvers, and Byron Pedersen of Instant Tax Solutions, LLC, the coalition’s purpose is to promote and ensure
Tags: Back Taxes, IRS debt, IRS help, irs problems, Michael Rozbruch, tax expert, tax help, Tax Problem Resolution Services Coalition, tax relief scams
Posted in Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, tax help | No Comments »
Wednesday, March 30th, 2011
Tax relief can sometimes come to spouses (or ex-spouses) of those who are very guilty of a tax crime and may be facing a large punishment such as prison and a fine. This is called Innocent Spouse tax relief and is available for those who honestly had no idea about their spouse’s financial situation. If you are interested in applying for an Innocent Spouse claim, seek expert tax representation to help
Tags: failing to file tax returns, filing for IRS innocent spouse tax relief, innocent spouse claim, innocent spouse tax relief, IRS Innocent Spouse Claim, tax evasion, tax resolution services
Posted in Innocent Spouse | No Comments »
Tuesday, March 29th, 2011
We’ve heard this over and over again: celebrities who think they’re above the law getting schooled by the IRS in the media. The latest case in point: Kelly Osbourne, reported to owe the IRS over $30,000 in unpaid back taxes dating to 2009.
While the star has not provided any comment regarding her tax bill, this should serve as a general warning for the taxpaying public that the IRS is not
Tags: celebrity tax problems, irs problems, kelly osbourne, tax evasion, tax help, unpaid back taxes
Posted in Back Taxes, Celebrity Tax Woes, tax help | No Comments »
Tuesday, March 29th, 2011
I recently came across an interesting article on CNN with some surprising stats. In Tax cheats: Single, young and male, an annual survey conducted by DDB Worldwide Communications Group found that the typical American tax cheat is male, single and under the age of 45. According to the survey:
15% of Americans surveyed fessed up to fudging their tax returns
64% of those people were men, according to the survey of consumer attitudes and behavior.
35%
Tags: Back Taxes, CNN, delinquent taxpayers, Michael Rozbruch, tax cheats, tax relief, tax relief professionals, tax resolution services
Posted in Back Taxes, Tax Relief News, Unfiled Returns - Delinquent Tax Returns | No Comments »
Tuesday, March 29th, 2011
Tax day is fast approaching and if you are still getting your 2010 tax return in order, you don’t want to miss tomorrow’s Big Biz Show at 1:10pm PST on the top tax tips for your 2010 return.
To continue my weekly appearance on the Big Biz Show to share tax help tips with consumers, I will go over some important things you don’t want to leave out of your 2010
Tags: Back Taxes, big biz show, delinquent taxes, Free Tax Consultation, IRS debt, IRS help, irs problems, Michael Rozbruch, tax attorney, tax help, Tax Tips
Posted in Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, tax help | No Comments »
Monday, March 28th, 2011
We are getting closer to tax day with 20-something days on the countdown till April 18th. Have you gotten your ducks in a row yet?
Last week I sat down with Russ & Sully from the Big Biz Show to share the top four tax help tips for 2011. If you happened to miss the show, here’s the scoop:
Tax Help Tip #1: Severance & Unemployment are Taxable. Many people don’t realize
Tags: Back Taxes, big biz show, certified tax resolution specialist, Free Tax Consultation, IRS audit, IRS debt, IRS help, Michael Rozbruch, tax attorney, tax day countdown, tax help, tax resolution services
Posted in Back Taxes, Expert Help From Tax Attorney, IRS help, IRS tax audit, Seeking Professional Tax Help, Tax news and tips, tax help | 1 Comment »
Monday, March 28th, 2011
Today’s Tax Resolution Tip:
Check out this great post we came across from fellow tax blogger Kay Bell from Don’t Mess With Taxes:
By the Numbers: 5 tests a child must meet to be claimed as a tax dependent
1. Relationship
2. Age
3. Residency
4. Support
5. Joint Return
Don’t forget any and all tax dependents must be U.S. citizens, U.S. resident aliens, U.S. nationals or residents of Canada or Mexico (exceptions exist for certain adopted children).
Read the details
Tags: irs problems, tax expert, tax help, tax problems, tax relief, tax resolution services, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Expert Help From Tax Attorney, General Business, IRS help, Tax news and tips, tax help | No Comments »
Sunday, March 27th, 2011
Today’s Tax Resolution Tip:
To avoid filing problems you must -
1) Be organized
2) Have knowledge
3) Have a budget and be a better money manager
It’s never a bad idea to see a professional to do a tax projection for year end. The rule of thumb is: accelerate deductions and defer income!
For more tax resolutions tips, check out our Facebook page, 365 Ways to Keep the IRS at Bay.
Tax Resolution Services, Co.,
Tags: irs problems, tax expert, tax help, tax problems, tax relief, tax resolution services, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Expert Help From Tax Attorney, General Business, IRS help, Tax news and tips, tax help | No Comments »
Friday, March 25th, 2011
Bringing you another edition of tax help news from the blog-o-sphere, including tax tips, tweets and everything tax! At Tax Resolution Services, Co. we like to keep up with what is going on in the tax world. Not only does this enable us to offer expert tax help, but we strive to educate consumers on current news and relevant tax content.
Check out some of the recent tax buzz we’ve Stumble(d)Upon upon
Tags: Back Taxes, IRS audits, IRS help, tax expert, tax help, tax relief, Tax Tips
Posted in Back Taxes, General Business, IRS help, IRS tax audit, Tax Blogs, Tax Debt Help News, Tax news and tips, income tax relief, tax help | No Comments »
Thursday, March 24th, 2011
Failure to file tax returns can be a criminal offense. What most people don’t know is that you have a right to file your original tax return, no matter how late it is. Delinquent tax filing gives the consumer a chance to state what they owe to the IRS. Another fact that most people don’t know is that if you don’t file your tax return, the IRS will often file
Tags: delinquent tax filing, filing false federal tax return, IRS Substitute for Return, seeking tax relief, tax evasion, tax help services, Tax Relief Consultation, tax resolution services, underreporting income
Posted in IRS Tax Cases, IRS Times and Inquirer, Unfiled Returns - Delinquent Tax Returns, tax help | No Comments »
Wednesday, March 23rd, 2011
According to Reuters news service, the Obama Administration’s proposed 2012 budget includes a $1.13 billion increase in funding for the IRS. About $460 million of the increase, which brings the total IRS budget to a whopping $13.3 billion, is slated for tax enforcement programs. The increase allows the IRS to hire 5,100 new employees, most of whom will go after delinquent taxpayers both large and small.
I’ve come across too many
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, IRS enforcement, IRS help, tax attorney, tax debt, tax expert, tax help, tax problems, tax relief, tax resolution services, unfiled tax returns
Posted in Back Taxes, IRS help, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Wednesday, March 23rd, 2011
IRS audits are the highest they’ve been in a decade and if you find your business getting audited, this is what you need to know: Do not go up against the IRS on your own!
According to a recent Bloomberg article, IRS agents say business owners that choose to represent themselves without professional tax help are the easiest to incriminate during an IRS audit.
The article suggests a number of helpful strategies
Tags: Back Taxes, bloomberg, business audit, IRS audit, IRS debt, IRS help, tax attorney, tax expert, tax help, tax relief
Posted in Business Services, Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, tax help | No Comments »
Tuesday, March 22nd, 2011
Last week I appeared on the Big Biz Show to continue the Tax Resolution Tax Day Countdown with Russ & Sully to talk about the 7 top things business owners must know about payroll tax problems.
The IRS assigns a much higher priority to the collection of payroll taxes mainly because at the end of the year, most employees can claim the taxes deducted on their W-2s as a credit and
Tags: big biz show, IRS payroll tax help, IRS payroll tax problems, irs problems, tax help
Posted in Back Taxes, Expert Help From Tax Attorney, IRS help, Offers in Compromise, Payroll Tax Problems, Penalty Abatement, Seeking Professional Tax Help, income tax relief, tax help | 2 Comments »
Tuesday, March 22nd, 2011
Ian Prout, 38, of Essex, Conn., was sentenced to three months in prison, to be followed by one year of supervised release, for failing to report more than $250,000 in income on his federal tax returns between 2005 and 2007.
According to court records, Prout was a self-employed race car specialist. Typically, Prout rented the facilities for the weekend and was paid to teach high-performance car owners how to drive and
Tags: filing false federal tax returns, Free Tax Consultation, IRS installment agreement, IRS offer in compromise, IRS payment plan, Offer in Compromise, oic, professional tax team, tax evasion, Tax Relief Consultation, tax relief services, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise | No Comments »