Archive for October, 2011
Monday, October 31st, 2011
Our client Bill was incredibly ill and racked up three years of failure to file his tax returns. All said and done, Bill owed the IRS $66,000 dollars in taxes, penalties and fines. With nowhere to run and no means to pay the full amount, Bill turned to Tax Resolution Services for help. The Tax Resolution Services team was able to step in and help Bill to clear his debt
Tags: Back Taxes, certified tax resolution specialist, client testimonials, failure to file, IRS debt, IRS help, irs problems, Michael Rozbruch, Penalty Abatement, tax client, tax client testimonials, tax penalties, tax resolution, tax resolution expert, tax resolution services, Tax Tips
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, IRS help, Seeking Professional Tax Help, Tax news and tips, tax help | No Comments »
Sunday, October 30th, 2011
Every month at Tax Resolution Services we choose a very special Tax Client Of The Month. It’s our way of acknowledging good friends and saying “thanks” to those who supports our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Thomas H.
Mr. Thomas H. owed the IRS over $70K in back taxes when he sought our help. After several months of negotiations,
Tags: Offer in Compromise program, tax client, Tax Client of the Month, tax resolution services
Posted in IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Tax Client of the Month, tax help | No Comments »
Saturday, October 29th, 2011
A Maryland attorney pleaded guilty to tax evasion and structuring financial transaction to avoid reporting $1.5 million.
Stanley Needleman, 68, of Pikesville, Md., is a criminal defense attorney, practicing law for more than 30 years in state and federal court. Clients made payments mostly in cash, which was kept in a large bank envelope. At the end of each business day, Needleman took the bank envelope with the day’s receipts home
Tags: defrauding the IRS, Failing to report income, tax cheat, tax evasion, tax fraud, tax resolution services
Posted in IRS Times and Inquirer | No Comments »
Friday, October 28th, 2011
The owner of a South Carolina construction company did not pay employment taxes.
Francisco De Leon Campa, 43, of Bluffton, S.C., pleaded guilty to one count of willfully failing to truthfully account for and pay over withholding taxes for the second quarter of 2007.
According to court records, Campa was the sole shareholder and registered agent of Francisco Campa General Carpentry. Campa had a duty to collect and pay to the IRS
Tags: failure to pay employment taxes, failure to pay IRS payroll taxes, tax cheat, tax evasion, tax resolution services, under reporting payroll taxes
Posted in IRS Times and Inquirer | No Comments »
Friday, October 28th, 2011
A recent press release cites the contribution I made to an article written by Tax Analysts Document Service, Tax Debt Representation Industry Continues to Act in the Shadows. The article was about the criticism lodged against the tax negotiation-resolution industry. In this article, I was quoted as an ethical industry expert, responding to the Federal Trade Commission’s (FTC) incorrect “one-size-fits-all” approach to regulations.
Certainly, there are some firms, whose questionable business practices
Tags: BBB, certified tax resolution specialist, FTC, income tax relief, Michael Rozbruch, tax advice, tax expert, Tax Problem Resolution Services Coalition, tax problems, tax professional, tax resolution expert, tax resolution services, unethical tax resolution firms
Posted in Ask the Expert, IRS help, Tax news and tips, income tax relief, tax help | No Comments »
Friday, October 28th, 2011
As an independent contractor, Sharon fell behind on her quarterly estimated taxes, resulting in penalties and back taxes totaling $93,000. When Sharon knew she would never be able to catch up she turned to Tax Resolution Services to help negotiate down her penalties, saving her around $70,000 dollars. You can listen to Sharon’s story below to hear how Tax Resolution Services helped her:
Tax Resolution Service Client Testimonial: Sharon
If you are
Tags: Back Taxes, certified tax resolution specialist, client testimonials, IRS debt, IRS help, irs problems, Penalty Abatement, quarterly estimated tax, self employment, tax client testimonials, tax penalties, tax resolution services
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, IRS help, Seeking Professional Tax Help, Tax Resolution Options and Alternatives, income tax relief, tax help, tax relief testimonials, tax resolution | No Comments »
Thursday, October 27th, 2011
As a self employed individual trying to make it, Sharon ran into huge IRS problems when she fell behind on her quarterly estimated tax payments. The penalties were horrific and in the end Sharon ended up owing around $93,000 dollars in back taxes and fines. That’s when Sharon decided to call Brian at Tax Resolution Services. TRS stepped in to take over Sharon’s dealing with the IRS and we were
Tags: Back Taxes, certified tax resolution specialist, client testimonials, IRS debt, IRS help, irs problems, Michael Rozbruch, Penalty Abatement, tax client, tax client testimonials, tax penalties, tax resolution expert, tax resolution services, Tax Tips
Posted in Back Taxes, IRS Tax Cases, IRS help, Offers in Compromise, Penalty Abatement, Seeking Professional Tax Help, Tax Relief News, Tax Resolution Options and Alternatives, tax help, tax relief testimonials | No Comments »
Wednesday, October 26th, 2011
John Joseph Bridge of Minnesota pleaded guilty to one count of filing a false return for his business, Fineline Lakeshore Inc. He admitted that he filed a false 2008 corporate tax return, specifically understating the amount of Fineline’s gross revenue by approximately $89,000. Bridge was one of three partners at Fineline and responsible for preparing the corporate tax return. He faces up to three years in prison.
Tags: filing false corporate tax return, filing false tax return, tax resolution services
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Wednesday, October 26th, 2011
Last week, I shared a checklist questions to ask that will help you avoid getting ripped off by a tax relief “professional” or firm on “The Big Biz Show” Blog. You can visit the site and read the complete post here:
Tips from The Taxman: Ask the Right Questions to Avoid Getting Ripped Off When Hiring a Tax Professional
“The Big Biz Show” is hosted by Sully & Russ ‘T’ Nailz, two
Tags: Big Biz Show with Russ and Sully, hiring a tax resolution firm, Rip Off Schemes, tax advice
Posted in Tax news and tips | No Comments »
Tuesday, October 25th, 2011
Want to know the difference between a tax specialist and a Certified Tax Resolution Specialist (CTRS)? Tax specialist has no meaning. Certified Tax Resolution Specialists are certified by the American Society of Tax Problem Solvers (ASTPS), a national, not-for-profit organization of professionals who specialize in representing taxpayers before the IRS.
Becoming a Certified Tax Resolution Specialist is not easy, In order to obtain this certification, licensed professionals (tax attorneys, CPAs
Tags: American Society of Tax Problem Solvers (ASTPS), certified tax resolution specialist, irs problems
Posted in Seeking Professional Tax Help, Tax Problem FAQs, Tax news and tips | No Comments »
Monday, October 24th, 2011
Between piercing the Swiss banking veil and deploying an algorithm to identify possible tax cheats, it’s never been a worse idea to be cheating on your taxes.
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$2.2 billion.
That’s how much the Internal Revenue Service has collected from people who participated in a 2009 program that offered amnesty to those who came forward and disclosed money held in foreign banks.
“This dollar figure will grow in the months ahead,” IRS Commissioner Doug
Tags: "audit lottery", Michael Rozbruch, tax audit, tax cheat, tax cheats, tax evasion, tax liens, tax resolution services
Posted in IRS Times and Inquirer, Tax news and tips | No Comments »
Monday, October 24th, 2011
More people owe IRS back taxes today than ever before due to the economic conditions facing the country. This long extended recession has resulted in millions losing their jobs and being unable to find suitable employment to generate a paycheck. To make up for this, many families are using their savings and 401k accounts to live on and incurring penalties as a result.
With poor economic conditions persisting for so long
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, income tax relief, IRS debt, IRS penalties, irs problems, IRS tax problems, tax cheats, tax debt, tax help, tax problems, tax relief, unfiled tax returns
Posted in Back Taxes, IRS help, Tax news and tips, income tax relief, tax help | No Comments »
Saturday, October 22nd, 2011
Budget cuts are a common topic these days regarding anything surrounding the United States government, so it goes as no surprise to hear that the IRS is next on the list of drastic budget reductions. On the Wall Street Journal’s blog The Tax Blog, Jonnelle Marte keeps us informed on the latest news in her post IRS Cuts: Good News for Deadbeats?
According to the article, Congress plans to reduce the
Tags: Back Taxes, ir budget cuts, IRS budget, IRS help, irs news, irs problems, tax news, tax relief
Posted in IRS Question Corner, Tax Relief News, Tax news and tips, tax resolution | No Comments »
Friday, October 21st, 2011
Tax relief can come in many forms for taxpayers and deductions are a great way to take some tax burden off of your shoulders. But what about those of us who are on the job hunt? What are the rules surrounding deductions while looking for work? Laura Saunders of the Wall Street Journal explores the best ways to get some tax relief while on the job search in her article
Tags: employment deductions, IRS help, job hunt, job search, job search deductibles, sole proprietorship deductions, tax expert, tax relief, tax relief tips, tax relief tips for job seekers, Tax Tips, tax tips for job seekers, Wall Street Joural
Posted in Tax Problem FAQs, Tax Relief News, Tax news and tips, tax help | No Comments »
Thursday, October 20th, 2011
Question: I’m really behind on my taxes, and now I’m getting letters from the IRS. I’m having trouble sleeping. I don’t know how I can pay this tax debt. I also have a mortgage and my daughter starts college next year. How can you help?
Answer: I know that feeling. I know what you’re thinking and why you’re worried. The reason for that is because I’ve had so many clients
Tags: Installment Agreement, IRS payment plan, Offer in Compromise, tax debt, tax professional, tax resolution services
Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, Offers in Compromise | No Comments »