Recently, I have been asked for my thoughts on the IRS’ proposal to pre-filled tax returns. Under a proposed system, the IRS would pre-fill taxpayers’ returns with the data employers and financial institutions have already reported. I came across a Forbes article titled: “Are IRS Prepared Tax Returns the Solution to our Tax Woes?“ that presented a decent overview of what such a system would mean for taxpayers, tax preparers and
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The IRS issued a press release late last week indicating an estimated 984,400 taxpayers who did not file a tax return in 2009, are entitled to a slice of $917 million in tax refunds! The IRS estimates that half the potential refunds for 2009 are more than $500.
There is a catch though. To collect the 2009 refund, a return must be filed, properly addressed, mailed and postmarked to the IRS
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Happy Friday! Here is a recap of some of the tax relief news reported on this week.
Tax Liens and Levies – I am proud to announce the release of the 14th episode of my national network television show, Tax Man. This episode was designed to feature many different tax topics so that people in trouble will have a reference and better understanding of what to do when tax problems occur. The
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For those people who are scrambling to get your taxes completed for today’s extension deadline, I hope you made it through. For those who have not yet filed because of panic and overwhelm take note; doing nothing to resolve IRS back taxes only makes matters worse and more expensive over time. This is because compounded interest and penalties will accrue and any future tax refunds that will go towards the
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Happy Friday! Here’s a look at tax relief news headlines we reported on this week:
Tax Fraud and Tax Evasion

A California woman, Gwen Noel Luckette, 59, pleaded guilty to filing a false 2008 tax return with excessive federal tax withholdings that inflated her tax refund to $605,692 of which she was not entitled to.
Maria Eusebia Vega of Ceres, Calif., 51, was charged with three counts of filing false tax returns. Vega,
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The October 15 tax extension deadline is less than a week away and taxpayers facing IRS debt will want to resolve their tax issues sooner rather than later. When it comes to finding IRS tax relief against the most brutal collection agency on the planet – knowledge is power. But amongst  “helpful” information are tax relief myths that are incorrect and can make IRS tax issues worse. To avoid tax
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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
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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
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The Tax Man series began as a way to explain to taxpayers how tax resolution with the IRS works. Seasoned pros like my Tax Team best demonstrate this process by sharing how they are able to resolve even the most difficult client IRS tax problems. In this latest episode, the Tax Team of Tax Resolution Services gives examples of how they employ tax resolution tactics to find the best tax
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The Tax Man video series has allowed both the Tax Team and me to demonstrate how we find IRS relief for clients, even those experiencing difficult and unfortunate financial situations. The cases in this latest video are representative of ones we see on a daily basis. What’s rewarding is that at the end of the day after peeling back the layers of their financial mess, we find real solutions for
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Grammy Award-winning singer, songwriter Lauryn Hill has dominated tax news last week for being charged with failing to file and pay three years of back taxes to the IRS. If found guilty, Ms. Hill could face a $100,000 fine for each count and one year in prison. Fast forward to this week, news agencies from Accounting Today, the LA Times and Huffington Post all reported on the singer’s odd, lengthy
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Countdown to tax day: 13 days
A few weeks ago, I had the pleasure of sharing tax relief tips on Midday Sunday Fox 11 with host Tony Valdez. A topic we covered was unfiled or delinquent tax returns. We deal with a lot of non-filers at our firm; the average client has between four to eleven years of unfiled tax returns and while almost all are good people, they usually have
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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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Every year, hundreds of thousands (potentially millions) of taxpayers fail to file legally required tax returns. The longer people put off filing their tax returns, the more severe their IRS tax problems become. An important step in avoiding IRS tax trouble is to understand how the IRS approaches delinquent tax return penalties. Read on to learn more.
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Question: I filed my tax return late and was shocked when I saw my
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We’re one week into October and you know what that means? October 15th isn’t that far off. For those of you who filed for a tax extension deadline, now’s the time to get all your ducks in a row so that you’re prepared come next Friday.
As part of our dedication to educating taxpayers on their tax relief options, I’ve compiled a list of our top tax help blog posts here
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