As a Los Angeles based business, it was huge news to hear that the Better Business Bureau (BBB) of the Southland was expelled from the Organization for demanding that businesses pay membership fees for good ratings. The Los Angeles Chapter was a corrupt organization. Horrible.
An LA Times article by Adolfo Flores titled:”Better Business Bureau expels Los Angeles area chapter” brings to light years of strife and eventual audits by the
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I was recently interviewed by Alan Mendelson host of “Best Buys with Alan Mendelson” a television show that features the best deals and money saving ideas.
Watch Alan’s special report on Tax Resolution Services, Co. in the video below on how consumers can get help to pay off their income tax debts to the IRS and to the state.
Tune in to KTLA Channel 5 this Saturday February 23rd at 5:30pm PT
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The government is focused on narrowing budget gaps and trying to find revenue from wherever it can. In recent years, the IRS has set its sights on small business and upped S-Corporation audits believing there was a good chance to collect on their non-tax compliance. However, a Reuters article titled Small business audits often find no more taxes due-IRS watchdog reports that IRS watchdog, Russell George criticized the high number
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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.
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Small business is no stranger to payroll tax problems, but when a city becomes a victim, it makes headlines. An article from WTOK.com Channel 11 entitled IRS Says York Failed to Make Payroll Tax Payments reported that a representative from the Internal Revenue Service traveled to York, Alabama to meet with city officials to discuss their specific tax issue: unpaid payroll taxes.
It appears that the city administrator, Tim Sweezey and
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Unless you’ve been living in a cave for the last twelve months, you are most likely aware that the tax debt resolution industry has been dragged through the mud and just about every media outlet under the sun has jumped on the bandwagon to kick a little extra dirt on the pile. Now, I’m not arguing that some serious wrongdoing hasn’t occurred, but this is clearly a case of an
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It’s no secret the IRS is cracking down on small businesses with unpaid payroll taxes and past due employment taxes. If you are in need of business tax relief, here are 5 things you need to know:
#1: Understand the gravity of your situation. The IRS views unpaid payroll taxes and unpaid employment taxes as theft, and they carry severe consequences. Aside from penalties (33% plus interest at 16
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While taxpayers are allowed to represent themselves before the IRS, it doesn’t mean they should. There are instances where hiring a tax resolution expert such as a tax attorney or certified tax resolution specialist is highly recommended especially if your personal or business tax problems are too large, complicated and risky to handle on you own.
For example cases that involve IRS audit, IRS criminal prosecution, payroll/corporate tax issues and IRS
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On a recent episode of the TaxMan on the Big Biz Show, I discussed the topic of the “tax gap” that many self-employed and small business people out there should become aware of as they prepare their tax returns for the April 16 deadline. Since many are unfamiliar with the subject matter, listed are the four key questions and answers every individual and small business personal should know about the
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Continuing the countdown to April 16 on a recent episode of the Big Biz Show,  I offered some helpful TaxMan tax tips and advice including how to avoid more IRS “red flags” and planning for tax laws that are set to expire in 2012.

I also took opportunity to thank Sully and Troy Hazard, one of the show’s executive producers, for the launch of the TaxMan show debuting on Biz Television. This
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If you have unfiled and delinquent tax returns, you’re probably dreading this tax season; owing back taxes to the IRS is a big burden. Doing nothing to resolve them, however only makes matters worse and more expensive. Even if the IRS isn’t currently knocking on your door to remind you of your tax debt, you are not out of the woods and will need to devise a plan for
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A major focus of the Obama Administration has been to reduce the “tax gap” (the difference between the amount of taxes reported and what the government actually collects). Nowhere has this become more obvious than with the President’s 2013 budget request.  A recent article in OMB Watch entitled Obama Proposes Exempting IRS from Budget Caps, reports on the Administration’s request to have some IRS enforcement spending be “excluded” from budget
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Weekly, if not daily, there is news of yet another celebrity encountering IRS tax issues. While I stop to mention these stories as a cautionary tale of prevention, I am continually struck by how vulnerable the famous and newly wealthy really are with their finances, especially when it comes to paying their income taxes! I am beginning to think there should be a special course for celebrities to get their
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Payroll Tax Problem Question:
Our business has done well financially until a year ago when some of our best customers got behind on their payments to us; the crushing blow came when one closed its doors before we could to collect. We are still behind and the loss in income has weakened our business finances so much, we cannot afford to make the payroll tax payments. I’m really worried about
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Tax day is approaching and Americans like never before, are burdened with tough economic realities that include IRS tax debt they simply can’t pay. Some believe if they do nothing, these tax issues will go away.  Wrong!  Tax debt only grows larger and more stressful over time if not properly dealt with. By not filing a tax return or responding to IRS communication, you could be putting your assets in
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