Archive for July, 2012
Friday, July 13th, 2012
Press recognition can often do wonders for a celebrity career but not when the subject matter features IRS tax issues. The latest celebrities in this weeks making headlines for owing the tax man are singer Kelis (famous for the song “Milkshake”) and rapper Beanie Sigel.
Kelis’ tax troubles were recently highlighted in a TMZ article entitled Coast to Coast Tax Liens, listing her following 2004 & 2010 tax issues where she
Tags: Back Taxes, IRS penalties, IRS tax attorneys, IRS tax issues
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Penalty Abatement, Tax Evasion Advice, Tax Liens and Levies, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, tax help | No Comments »
Thursday, July 12th, 2012
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 support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Clifton S.
Mr. Clifton S. owed the IRS $52K in back taxes when he sought help. After several months of negotiations, we were
Tags: Back Taxes, IRS offer in compromise, Offer in Compromise program, Tax Client of the Month, tax resolution services
Posted in Back Taxes, IRS Times and Inquirer, Offers in Compromise, Tax Client of the Month | No Comments »
Thursday, July 12th, 2012
The June 28 Supreme Court decision to uphold most of the Affordable Care Act (ACA) has been a hot tax topics in recent weeks. This decision will impact most American taxpayers. As a certified tax resolution specialist that helps clients avoid IRS tax issues, new expanded IRS powers are of particular interest to me. A recent Washington Post article entitled Supreme Court’s decision renews questions about IRS capability to enforce
Tags: ACA, Affordable Care Act, certified tax resolution specialist, IRS bank levy, IRS help, IRS penalties, IRS tax issues, IRS tax problems, offshore bank accounts, tax help, tax problems, tax professional, Washington Post
Posted in 365 Ways to Keep the IRS at Bay, IRS Overview, IRS help, Offshore Tax Settlements, Penalty Abatement, Tax Liens and Levies, Tax news and tips, tax help | No Comments »
Wednesday, July 11th, 2012
Tax Resolution Services employs great professionals who help struggling taxpayers resolve their IRS tax problems. A recent TaxMan video introduces some of the Tax Team members responsible for this success: expert tax attorneys Tiffany, Parham, Anna and Amir. These hard-working professionals all share common goals: a passion for helping people and a desire to work extremely hard to represent their client cases to the IRS. As the video below demonstrates,
Tags: certified tax resolution specialist, innocent spouse relief, IRS tax problems, IRS tax settlement, Offer in Compromise, Offshore Tax Settlements, Penalty Abatement, tax attorney, tax debt relief, TaxMan
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, Innocent Spouse, Offers in Compromise, Offshore Tax Settlements, Penalty Abatement, TAX MAN TV, Tax Help Video, Tax Relief News, tax resolution | No Comments »
Tuesday, July 10th, 2012
Singer R. Kelly owes the Internal Revenue Service a whopping $4.8 million in back taxes for income from the years 2005 to 2010.
“R. Kelly is in the process of working everything out with the government and is confident that all his obligations will be satisfied,” a representative for Kelly told the celebrity news website TMZ.
Referred to as the “King of R&B,” Kelly is among the world’s best-known rhythm and blues
Tags: back tax debt, Back Taxes, celebrity tax evasion, celebrity tax problem, Celebrity Tax Woes, R. Kelly tax problem, tax evasion, tax resolution services
Posted in Tax Problem FAQs | No Comments »
Monday, July 9th, 2012
The IRS has just announced some tax rule easement for Americans living abroad who still need to file their U.S. federal income tax returns or Reports of Foreign Bank and Financial Accounts (FBARs). This easing of rules is another attempt by the US government to make it easier (and less expensive) for citizens living abroad to come out in the open and become IRS tax compliant.
The Montreal Gazette featured an
Tags: delinquent tax returns, FBAR, FBAR penalties, Foreign bank and Financial Accounts, IRS audit, IRS penalties, IRS tax attorney, IRS tax problems, Offshore Tax Settlements, tax help, tax issues, voluntary disclosure programs
Posted in 365 Ways to Keep the IRS at Bay, IRS help, Offshore Tax Settlements, Penalty Abatement, Tax Problem FAQs, Tax Relief News, Voluntary Disclosure, income tax relief, tax help, tax resolution | No Comments »
Saturday, July 7th, 2012
Celebrity tax problems begin when they lack interest in their own assets and personal business affairs. Sadly, this lack of interest can expose them to dishonest business professionals becoming victims of financial misdoings and facing IRS tax issues brought on by these trusted advisors.
However, some celebrities see the light and fight back against suspected financial victimization. A New York Post article titled Rihanna reveals tax troubles in $uit vs. former
Tags: celebrity tax issues, expert tax representation, IRS audit, IRS penalties, IRS tax issues, IRS tax settlement, rhianna, Rihanna, tax debt issues, tax issues, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Celebrity Tax Woes, IRS tax audit, Penalty Abatement, Tax Debt Help News, income tax relief, tax help, tax resolution | No Comments »
Thursday, July 5th, 2012
More than 33,000 people reported offshore accounts to the IRS, resulting in revenue of more than $5 billion. But offshore accounts are only the beginning. The IRS is also looking at you.
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After the Internal Revenue Service and the U.S. Department of Justice negotiated a settlement with Swiss banking giant UBS to release account information, effectively piercing the once-impenetrable Swiss banking veil, U.S. officials offered a deal to taxpayers hiding money
Tags: IRS and offshore banking, IRS Commissioner Doug Shulman, IRS voluntary disclosure program, Michael Rozbruch, offshore assets, Offshore Banking, Swiss banking, tax audit, tax cheats, tax evasion, tax resolution services, Tax Resolution Specialist, tax return audits, tax revenue from offshore accounts, UBS, Voluntary Disclosure
Posted in Tax Problem FAQs | No Comments »
Tuesday, July 3rd, 2012
In addition to solving IRS tax problems, Tax Resolution Services, Co. was honored last month with two American Business awards (aka the Stevie awards) for our work in the tax resolution industry. I was honored with a bronze Stevie Award for Maverick of the Year and my colleague and Tax Resolution Services’ President, Brian Compton received a silver Stevie as Executive of the Year in Accounting, Banking and Financial Services.
Tags: american business awards, IRS help, irs problems, Michael Rozbruch, stevies, tax expert, tax help, tax help services, tax professional, tax resolution, tax resolution expert, tax resolution services
Posted in Back Taxes, Business Services, General Business, Seeking Professional Tax Help, Tax news and tips, tax help, tax resolution | No Comments »