Archive for the ‘Delayed IRS Collection and Currently Not Collectible St’ Category
Monday, May 13th, 2013
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. & Mrs. Ford Sr.
Mr. & Mrs. Ford Sr. owed the IRS $112,000 in back taxes when he sought help. After several months
Tags: Back Taxes, IRS installment agreement, IRS payment plan, Offer in Compromise, Qualified Tax Professional, settle tax debt, Tax Client of the Month, tax resolution services
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, IRS Installment Agreements, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Client of the Month, Working with the IRS | No Comments »
Friday, September 21st, 2012
Happy Friday! It’s time for a review of this week’s mixed bag of tax relief topics:
Currently Not-Collectable Status – Status 53
A new video from the Tax Man series explains how Currently Not-Collectable Status works for taxpayers having trouble with tax debt repayment because their current expenses are higher than their income. Currently Not-Collectable Status gives these folks time (sometimes up to two years) whereby they are not obligated to
Tags: certified tax resolution firm, Currently Not-Collectable, Offer in Compromise, Payroll Tax Problems, Prince, Status-53, tax audits, tax debt, tax issues, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Celebrity Tax Woes, Delayed IRS Collection and Currently Not Collectible St, IRS Installment Agreements, IRS payment plan, IRS tax audit, Offers in Compromise, Payroll Tax Problems, TAX MAN TV, Tax Scams | No Comments »
Thursday, September 20th, 2012
The purpose of the Tax Man series is to explain IRS practices and tax relief solutions that are implemented to help taxpayers get out from underneath tax debt issues. One solution is the “Currently Not-Collectable” or Status 53 as defined by the IRS.
In a recent Tax Man video, Tax Team member, Parham explains that the “Currently Not-Collectable” Status often works for taxpayers whose expenses are higher than their income and
Tags: currently not collectible, Installment Agreement, IRS debt, IRS tax settlement, payroll tax issues, tax debt, tax debt relief, tax relief, tax resolution firm
Posted in 365 Ways to Keep the IRS at Bay, Delayed IRS Collection and Currently Not Collectible St, Filing Unfiled Returns and Replacing Substitute for Ret, IRS Installment Agreements, IRS payment plan, Payroll Tax Problems, TAX MAN TV, income tax relief, tax resolution | No Comments »
Thursday, August 30th, 2012
Given the deep and prolonged recession, many are finding it impossible to make ends meet including taxpayers with an IRS tax settlement wanting to renegotiate their payments with the IRS. In over 14 years of working with tax resolution cases, I’m currently seeing taxpayers in record numbers facing this challenge. Often their original tax settlement was based on income and finances that have since disappeared leaving them with a payment
Tags: certified tax resolution specialist, currently not collectible, IRS installment agreement, IRS tax settlement, Offer in Compromise, tax attorney, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Delayed IRS Collection and Currently Not Collectible St, Filing Unfiled Returns and Replacing Substitute for Ret, IRS Installment Agreements, Offers in Compromise, Tax news and tips, tax help, tax resolution | No Comments »
Monday, August 1st, 2011
The reason I got into this business was to help people with their tax issues. Our clients found that dealing with the IRS directly often made their situation harder to resolve and more difficult to understand. The nature of tax problems is inherently complicated and we sought to simplify that process by providing expert guidance that resulted in getting the best possible tax settlement on behalf of our clients.
Tax Resolution
Tags: American Society of Tax Problem Solvers, Back Taxes, federal tax, Free Tax Consultation, IRS back taxes, IRS debt, irs problems, state tax certified tax resolution specialist, tax advice, tax attorney, tax resolution services
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Banking & Finance, Business Services, Delayed IRS Collection and Currently Not Collectible St, Discharging Taxes in Bankruptcy | No Comments »
Friday, July 29th, 2011
There are a myriad of reasons why people have tax issues. In my decade plus of expertise in guiding people to resolve theirs, I’ve just about seen them all. Our tax mediation firm specializes in working with the IRS to secure the best deal for clients seeking relief for their tax problems. Years of practice in careful listening and observing combined with a brazen approach and natural proclivity
Tags: Back Taxes, certified tax resolution specialist, income tax relief, IRS enforcement, IRS penalties, irs problems, resolving IRS problems, tax expert, tax relief, tax resolution services, tax stress, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Banking & Finance, Business Services, Delayed IRS Collection and Currently Not Collectible St, Tax Problem FAQs | No Comments »
Friday, June 17th, 2011
Today’s Tax Resolution Tip:
Quick tax lessons: The Statute of Limitations are laws regarding IRS timings:
- The IRS have 3 years to issue a refund to consumers
- The IRS have 3 years to audit your tax return
- The IRS have 10 years to collect any tax due from consumers
Find our more about the Statute of Limitations and expiration of back taxes. For more tax help, check out our tax relief FAQs and keep
Tags: Back Taxes, income tax relief, IRS debt, IRS help, tax advice, tax expert, tax help, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, Expiration of the Collection Statute, IRS help, Statutes of Limitations – Taxpayer’s rights, Tax news and tips, income tax relief, tax help | No Comments »
Tuesday, February 15th, 2011
President Obama has decided to give the IRS an extra $1.1 billion in the 2012 budget to create an additional 5,000 jobs for the IRS to go after tax delinquents.
According to a recent Bloomberg article, this increase in the budget to $13.3 billion will allow the IRS to focus on fighting tax evasion and to seek out fraudulent tax preparers.
Furthermore, almost half of the increase ($460 million) would support the
Tags: bloomberg, budget 2012, certified tax resolution specialist, Free Tax Consultation, IRS budget 2012, IRS help, Michael Rozbruch, obama, offshore bank accounts, offshore tax evasion, tax attorney, tax relief, Tax Tips
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, Tax news and tips, tax help | 1 Comment »
Monday, July 26th, 2010
Owing back taxes and interest to the IRS is a surprisingly common problem: thousands of Americans feel the burden of it every year. Therefore it is important to take the steps to resolve your IRS problems now. The worst thing you can do is ignore letters from the IRS, hoping your troubles will go away. They will not do so on their own – you must take the appropriate steps! If
Tags: Back Taxes, certified tax resolution specialist, currently not collectible, Installment Agreement, IRS debt, tax attorney, tax help, tax relief
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Tax Liens and Levies, Tax Problem FAQs, Tax Resolution Options and Alternatives, tax help | No Comments »
Sunday, July 25th, 2010
If you are one of thousands of Americans who owe back taxes and interest to the IRS, it is important to take the necessary steps to resolve your IRS problems. The worst thing you can do is ignore letters from the IRS in hopes your troubles will go away. They will not- unless you take the appropriate steps now!
If you have back taxes to settle, it is essential to know your
Tags: Back Taxes, certified tax resolution specialist, income tax relief, Installment Agreement, IRS debt, IRS payment plan, irs problems, Offer in Compromise, tax attorney, tax help, tax relief
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, IRS Installment Agreements, Offers in Compromise, Tax Problem FAQs, Tax Resolution Options and Alternatives, income tax relief, tax help | No Comments »
Wednesday, June 23rd, 2010
The Internal Revenue Service will be mailing tax collection notices this month to collect back taxes. If you get one of these IRS tax collection notices, you will need to take action quickly with the help of a tax attorney or Certified Tax Resolution Specialist in order to protect yourself, your loved ones, your assets and your job.
If you get one of those terrifying IRS tax collection notices to collect
Tags: Back Taxes, certified tax resolution specialist, i need tax help, IRS debt, IRS payment plan, irs problems, Offer in Compromise, tax attorney, tax help, tax relief, tax resolution, tax settlement
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, IRS help, Offers in Compromise, Tax Liens and Levies, tax help | No Comments »
Friday, April 30th, 2010
With the April 15th tax filing deadline already passed, what can you do if you’re one of thousands of taxpayers who just don’t have the cash to pay Uncle Sam?
The good news is, there are still IRS tax relief options for you if you did not pay two weeks ago. According to a MarketWatch article, your best bet is to still file your tax return even if you don’t have
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, income tax relief, Installment Agreement, IRS debt, IRS help, IRS payment plan, IRS penalties, irs tax relief, tax help, tax settlement, unfiled tax returns
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, Filing Unfiled Returns and Replacing Substitute for Ret, IRS Installment Agreements, IRS help, Offers in Compromise, Penalty Abatement, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Working with the IRS, income tax relief, tax help | No Comments »
Tuesday, April 13th, 2010
There are only two days left until the April 15th tax filing deadline.
For taxpayers who are not yet ready with their tax returns, it’s time to buckle down. Whether you haven’t filed your taxes because you’ve been busy or because you don’t have enough money to pay your taxes in full, it’s time to get serious about your tax return in order to avoid IRS tax problems.
I recently appeared on
Tags: alternative minimum tax, April 15th tax deadline, Back Taxes, big biz show, delinquent taxes, Innocent Spouse, Installment Agreement, IRS help, irs problems, Michael Rozbruch, Offer in Compromise, tax evasion, tax expert, tax help, tax relief, tax resolution, tax settlement, unfiled tax returns
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, Filing Unfiled Returns and Replacing Substitute for Ret, IRS help, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Working with the IRS, income tax relief, tax help | No Comments »
Monday, April 5th, 2010
For those who thought the heat from the UBS-IRS deal has passed, it’s time to think again.
The United States and Switzerland recently announced a new protocol where it will allow the Swiss government to provide information to the IRS on U.S. account holders of Swiss bank UBS.
According to Journal of Accountancy, “The protocol has been approved by the Swiss Federal Council and was signed in Washington on Wednesday, but the
Tags: Back Taxes, delinquent taxes, FBAR, Fbar reporting, Free Tax Consultation, IRS debt, IRS help, irs problems, offshore tax evasion, offshore tax evasion defense, offshore tax settlement, tax attorney, tax evasion, tax expert, tax help, tax resolution, tax settlement, Tax Tips, W-9
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, IRS help, Offshore Tax Settlements, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, income tax relief, tax help | 1 Comment »
Thursday, March 25th, 2010
Believe it or not, the IRS is doing its best to provide tax help to struggling taxpayers.
According to the IRS news room website, IRS will hold hundreds of special Saturday open houses to give struggling taxpayers more opportunity to work directly with IRS employees to resolve tax issues. The offices will be open on March 27 and three additional Saturdays in the spring and early summer. Future dates, times and
Tags: Back Taxes, delinquent taxes, Free Tax Consultation, IRS debt, IRS help, irs news, irs problems, IRS Saturday open house, Michael Rozbruch, tax attorney, tax credit help, tax evasion, tax expert, tax help, tax resolution, tax settlement, Tax Tips
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, Tax Debt Help News, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Useful Tax Resolution Websites, Working with the IRS, income tax relief, tax help | 1 Comment »