Archive for the ‘income tax relief’ Category

Tax Resolution Services Weekly News Round-Up

Friday, March 8th, 2013

Happy Friday! Just a reminder: there are just over four weeks left until Tax Day! Right now we will round-up this week’s tax relief news. The topics include: Offshore Tax Enforcement, Snoop Dog slapped with a tax lien, a massive tax fraud/shelter scheme, two TaxMan episodes featuring yours truly, and taking care of your IRS tax debt before Tax Day.

Un-Reported Offshore Bank Accounts
I wrote a post titled “Fed’s Still
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Tax Resolution Services-The Story of Michael Rozbruch Part II

Monday, March 4th, 2013

This episode of my national network television show, TaxMan gives consumers further insight into my professional history beginning with my education, employment and qualifications. It’s because of these experiences and desire to help people resolve their tax problems that I took on a new business venture in a relatively small industry and named it Tax Resolution Services, Co. (TRS).  (*Below the video are the main details of my story).

Education
I
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Weekly Tax Resolution News Round-Up

Friday, March 1st, 2013

It’s Friday, and that means it’s time for a round-up of tax news we reported on this week. Here are some tax related stories that were particularly interesting:
Tax Help Tips
Eleven Tax Changes to Know before Filing
Now that tax season is here, I wanted to let people know that the recent changes to the tax code could affect their wallet! A Forbes article provided the eleven important changes that
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Tax Changes to Know before Filing a 2012 Tax Return

Thursday, February 28th, 2013

An article by Forbes titled “11 Changes You Must Know Before Filing Your Tax Return for 2012” reminds us that the recent changes to the tax code could affect many of us and our wallets this tax season. Here are eleven important changes that the article highlights:

Payroll Tax Credit for Self-Employed Taxpayers
W-2 Forms Changed This Year Due to the Affordable Care Act (ACA)
2010 Roth Conversions May Be Subject to Tax
Tax
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Tax Resolution Services, Co. Saves Client $35,000

Monday, February 18th, 2013

Sometimes clients describe their tax situation as “Tax Armageddon.” That’s how our client Mike felt when he first came to Tax Resolution Services, Co. facing huge tax debt issues. While it may “feel” like Armageddon, it really isn’t because there is a solution to every problem even Mike’s. Here’s his story:
“I went through a divorce several years ago and found myself strapped for cash because all of a sudden there
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Tax Resolution Services-Weekly News Round-Up

Friday, February 15th, 2013

This week’s tax topics ranged from tax evasion cases to getting tax relief with the IRS Offer in Compromise Program. Here are highlights from the ones covered on the Tax Resolution University Blog:
Tax Evasion

Nancy Armienti, 59, of Elmer, New Jersey, admitted to evading federal income taxes in 2008 on nearly $700,000 in income she took from her former employee of Atlantic County Concrete and Material Company. Armienti created false
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TaxMan Episode-Client Success Story in Tax Audit Case

Thursday, February 14th, 2013

Client Mike’s case is a good example of when bad things happen to good people. Before he contacted Tax Resolution Services, Co., (TRS), Mike’s financial troubles included a massive tax bill assessed at over $100 thousand dollars. In a recent episode of the national network television show, TaxMan, I interviewed Mike several years after he first came to TRS for help with his IRS issues. Mike is a nice, honest
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2013 IRS Report-Increased Collection over Last Decade

Wednesday, February 13th, 2013

The 2013 IRS Update courtesy of Robert Mackenzie at Arnstein and Lehr LLP was released this January. This report covers the most recent IRS (2011) statistics on topics related to tax resolution issues.  I was especially intrigued by the report’s statistics and information over the previous decade including yearly comparisons of IRS levies, tax liens and IRS seizures from years 2001 – 2011. Here is an example of how these
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Offer in Compromise Saves Tax Resolution Services Client $117,000

Monday, February 11th, 2013

As previously mentioned, I will continue posting client success stories and testimonials to inspire taxpayers with IRS tax problems to take the first steps to get the income tax relief they need. Waiting only makes matters worse.
Good people can have bad circumstances happened to them, often through no fault of their own. When those troubles involve tax debt, their biggest obstacle becomes financial: they have no money to pay their enormous
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Florida Woman Receives $21 Million Penalty for Offshore Accounts

Thursday, January 31st, 2013

Even though the latest voluntary disclosure program has officially past, it is still better to come clean with unreported offshore bank accounts than to wait for the IRS to contact you. The IRS is placing more severe penalties on non-compliant offshore account holders than ever before. A recent Forbes article titled “Florida Widow Guilty + $21M Penalty for Inherited Swiss + Liechtenstein Accounts,” explains just how tough it has become.
The article’s
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Tax Protesters Still Lose to IRS

Tuesday, January 29th, 2013

I wrote a post on the Tax Matters blog about tax protesters and how their frivolous tax defense against the IRS is a losing battle. Evidence of that is celebrity tax protester, Wesley Snipes who is currently serving a three year prison sentence for willfully refusing to file and pay millions in taxes for years 1999 through 2001. A recent Forbes article titled: “Are Tax Protesters Actually Winning?” examined just
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Reasons to Hire a Tax Professional over Tax Software

Monday, January 28th, 2013

Last week I was quoted in The Fiscal Times article “Tax Hell: New Laws, New Reasons to Hire an Expert” by Steve Yoder. The article mentions Taxpayer Advocate, Nina Olson’s recent report to Congress that is critical of the burden the current tax system places on taxpayers, specifically on tax return preparation. Olson laments that the tax code is so complex, its burden essentially “requires” taxpayers to use their own
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New Tax Resolution Services Customer Success Commercial

Tuesday, January 22nd, 2013

Being able to help people resolve their tax problems is the reason I enjoy coming to work every day. I especially enjoy sharing real client success stories because it shows that good people sometimes fall on hard times and have tax issues with the IRS. It also proves that there’s a solution to every tax problem if clients find the right representation.
A new commercial for The Blaze TV highlights former clients
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TaxMan Episode Highlights Payroll Tax Resolution Case

Monday, January 21st, 2013

If you are facing IRS tax issues, you may think your seemingly insurmountable IRS problems can never be resolved. But what you don’t realize is that others, often with similar situations and anxieties to yours, have successfully resolved theirs and are sharing their stories.
In a recent episode of the national network television show, TaxMan, I interviewed a former client and business owner, Stuart, who was blindsided by an IRS letter
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The Importance of Choosing Qualified IRS Representation

Thursday, January 17th, 2013

I came across this article recently by Forbes contributor Stephen J. Dunn titled “Representation before IRS“ that started with the line “in tax controversies, who represents you can be the ballgame.” I couldn’t agree more. Dunn goes on to define tax controversy as a “contested matter [to go] before the IRS, civil or criminal, administrative or judicial.” He also strongly recommends that tax controversies not be handled by inexperienced CPA’s, Enrolled
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