If you owe back taxes to the IRS, the Offer in Compromise could be the solution to a debt-free life. The Offer in Compromise program does not make outrageous claims – it is a tool that consumers can use to reduce and eliminate their debt, if they qualify.
The Offer in Compromise is not a free gift from the IRS. It can however significantly reduce your debt. The IRS offers this program
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As a certified tax resolution specialist, I have said it many times before; it never pays to hide from the IRS. Nowhere is that more apparent than with the government crackdown on off-shore tax evaders. The creation in 2010 of Foreign Account Tax Compliance Act (FATCA) set into motion serious U.S. efforts to combat tax evasion by U.S. taxpayers with investments in offshore accounts. Not only do FATCA regulations have
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Comedian and actor Chris Tucker, best known for his starring role with Jackie Chan in the Rush Hour trilogy, owes the IRS $11.5 million in back taxes and penalties.
He’s also behind on payments on his $6 million, 10,000-square-foot waterfront home in Florida. SunTrust has filed for foreclosure on the property.
But the 39-year-old Tucker, ever the funny man, turned his financial misfortune into something of a comedy routine when he appeared
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We all know that you can’t hide from the IRS; eventually they will find you. The recent effort to find off-shore tax evaders is a good example of IRS fiscal motivation but their reach is large and wide, particularly for those who no longer live within US borders. What many people may not realize is that if you are a US citizen but live and work outside US borders, the
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Retired and on a fixed income, our client Carol and her husband ended up owing the IRS $18,000 after a bad real estate situation.  With no options, Carol started to do some research and discovered the great help Tax Resolution Services had done for others in her situation. Tax Resolution Services negotiated with the IRS and Carol and her husband’s IRS debt was reduced to $5300. To hear Carol’s personal
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On his new channel, GBTV, multi-media personality Glenn Beck gives a rousing “thumbs up” to Tax Resolution Services as the best firm in the business to settle back tax issues. Beck, no fan of the IRS and never shy to share his opinion, concludes that the IRS is the most brutal collection agency on the planet. They can shut your business down without a court order.

Glenn Beck’s main points include:

You
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“It felt like you were running with nowhere to run to.”
Our client Robert had a huge tax problem; he owed about $125,000 in back taxes to the IRS and with liens on his bank accounts he turned to Tax Resolution Services for help. The minute he walked in the door of Tax Resolution Services Michael Rozburch and our team immediately began the process of helping to solve Robert’s IRS problems.�
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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
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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
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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
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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
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U.S. taxpayers are facing significant challenges in this miserable economy. According to the Bureau of Labor Statistics, National Unemployment Rate currently stands at 9.1% and over 46 million citizens have now fallen below the official poverty line.
So what are taxpayers living below the poverty line who currently owe back or current taxes supposed to do? Do they owe taxes for the current year? Do they still owe
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With states scrambling to generate more revenue to balance their budgets, California Governor Jerry Brown upped the ante by signing a bill on October 4th, 2011 that aggressively goes after the state’s top tax delinquent citizens by denying their driver’s license and publishing their names for public view.
Celebrities are not above the Hall of Shame —the state’s list of top tax debtors include  Halsey Minor, one of the founders
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I wrote an article called How to Get Tax Relief through the IRS Offer in Compromise Program. The topics covered in the article covered the most frequently asked questions I often get in my practice:
-Who can file an Offer In Compromise?
-What are the requirements for an Offer in Compromise?
-Can penalties and interest be compromised under an Offer in Compromise?
-How likely is it that the IRS will accept an Offer in
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These are challenging financial times for many people. What makes this economic recession so unique is that it has gone on for so long and transcended so many income levels. In it’s wake, it has left an increasing number of consumers more financially vulnerable than ever before. These tax distressed individuals, fearful and often not sure what to do have avoided delinquent tax issues and are finding themselves on the
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