Archive for the ‘Back Taxes’ Category

Singer Kelis Pays Down Huge Tax Debt

Wednesday, November 13th, 2013

It’s great to report on celebrities who do a great job paying off their massive tax debt. Case in point: singer-songwriter Kelis Rogers, better known simply as Kelis who is paying down her enormous tax debt to the Internal Revenue Service and to the states of New York and California.

As first reported by TMZ, Kelis owed $741,027.59 in back taxes. She has since cut that debt in half,
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IRS Tax Problems-Agency Delays Start of Filing Season

Friday, October 25th, 2013

The government shutdown earlier this month did more than fray the nerves of citizens. It also delayed the start of the tax filing season. An article by MSN Money titled: “Shutdown causes IRS to delay tax filing season” cites an IRS press release sent out on October 22 announcing an up to two week delay to the start of the 2014 filing season due to the 16-day federal closure. The
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IRS Reminder – October 15th Tax Extension Deadline

Monday, September 30th, 2013

The IRS recently posted both a video and a press release to remind taxpayers that if they filed for an extension, the due date is October 15th, 2013. According to the IRS, many of the more than 11 million taxpayers who requested an automatic six-month extension this year have yet to file. Below the video is information the IRS wants to make sure taxpayers are aware of:

Here are exemptions to
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Offer in Compromise Saves Tax Client of the Month $75,000

Sunday, September 22nd, 2013

Every month at Tax Defense Partners 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. Thomas and Ms. Karen D.
Mr. Thomas & Ms. Karen D. owed the IRS over $79,000 in back taxes. After several months of
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IRS Tax Liens-How Often Are they Wrong?

Friday, September 13th, 2013

Tax liens can be filed by state and local taxing authorities to enforce collection activity for back taxes owed; when the IRS files a lien against someone, its serious business. However, after reading a recent Forbes article titled: “Many Tax Liens Are Wrong in DC, But How About IRS?” it appears that when it comes to property seizures, the IRS has fewer errors than others. Case in point: The Washington
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Tax Policy Study Shows More Americans Paying Taxes

Monday, September 9th, 2013

About this time last year one of the biggest tax news stories centered around a 2009 Tax Policy Center (TPC) report that showed 47 percent of citizens were not paying taxes. According to a Don’t Mess with Taxes, Kay Bell in an article titled: “More Americans are paying federal income,” recent analysis by TPC (a joint venture of the Urban Institute and Brookings Institution), and shows that the 47% group
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Tax Relief News in Review-Celebrity Tax Stories

Friday, September 6th, 2013

Happy Friday!
On this short holiday week, the tax news we featured mainly centered on celebrity tax stories. Here is a recap of what we featured:
Tax Problems-Michael Jackson Estate Gets Assessed by IRS – It appears that the estate of the late Michael Jackson and the IRS are engaged in a dispute over how much the estate of the “King of Pop” is really worth. An NBC News Business article
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Back Taxes Owed by Reality TV Housewife

Friday, August 23rd, 2013

One of America’s most famous housewives owes money to the Internal Revenue Service.
The IRS filed a tax lien against Lynne Curtin, of Capistrano Beach, California, who formerly appeared on the reality TV show Real Housewives of Orange County.
According to the tax lien, first reported by TMZ, Curtin owes $32,006.24 in back taxes to the U.S. government.
Curtin was a cast member on Real Housewives of Orange County for two years from
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IRS Question Corner: How Can I Pay Off Tax Debt?

Wednesday, August 21st, 2013

Question: I owe a lot in tax debt, and there’s no way I can repay what I owe. I’ve read about the Offer in Compromise and the Installment Agreement. But how do I determine which is right for me?

Answer: Those are great questions — not only because you need to know the answers as you confront your tax debt head on, but also because they are questions many indebted
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How Tax Resolution Services Helps People Find Tax Relief

Monday, August 19th, 2013

If you want to know how the tax resolution process can help people get tax relief, I recommend watching this video interview I had this last February by KTLA Channel 5 Alan Mendelson host of “Best Buys with Alan Mendelson“ a television show that features the best deals and money saving ideas.
The video gives consumers a true understanding of the tax resolution process and that reputable firms like Tax Defense Partners
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Americans Living Abroad Renouncing US Citizenship

Tuesday, August 13th, 2013

A Wall Street Journal article titled: “U.S. Expats Balk at Tax Law” reports that the government’s quest to find tax evaders is prompting some Americans living in Asia and around the world to rethink their citizenship. Their biggest complaint: the increasing burden of paperwork required by Foreign Account Tax Compliance Act, or FATCA.
As per FATCA regulations foreign institutions are required to disclose the overseas assets of U.S. citizens and green-card
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Responding to Forbes Article Calling for Tax Resolution Regulation

Monday, August 12th, 2013

It’s no secret that the tax resolution industry has come under fire for egregious actions taken by some tax resolution firms. Their bad business practices have damaged the reputation of the entire tax problem representation industry and set the Federal Trade Commission (FTC), now the Consumer Financial Protection Bureau (CFPB) out to regulate it.  I recently read a Forbes article by Stephen J. Dunn titled: When Will Congress Act Against
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Offer in Compromise Saves Tax Client $229,000

Monday, August 12th, 2013

Every month at Tax Defense Partners 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. Kevin W.
Mr. Kevin W. owed the IRS over $234,000 in back taxes when he sought our help.  After several months of negotiations,
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Tax Defense Partners Weekly Tax News Round Up

Friday, August 9th, 2013

Happy Friday!
The tax relief news that sparked our interest this week was quite varied. The stories ranged from tax delinquent New Yorkers losing their driving privileges to another “Real Housewife” star in trouble with Uncle Sam, to avoiding tax relief scams and schemes to Twitter tax news about IRS agency challenges including struggles with efforts to curb identity theft and tax refund fraud.

New York State-Getting Tough on Tax Cheats
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New York State Revokes Driver’s License for Tax Debt

Wednesday, August 7th, 2013

Due to federal budget cuts and a stagnant economy, states are more cash strapped than ever and looking for ways to generate revenue. New York State’s solution: revoke driver’s licenses of tax deadbeats. Tax Girl, Kelly Phillips Erb reports in her article titled: “You Can’t Drive 55: NY Suspends Driver’s Licenses for Tax Delinquents“, that beginning this year, drivers who owe more than $10,000 in state taxes face losing their
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