Archive for the ‘IRS Installment Agreements’ Category

Tax Client of the Month: IRS Payment Plan Helps Client Resolve $38,000 Tax Debt

Saturday, November 14th, 2009

Every month I choose a very special Tax Client Of The Month.  It’s my way of acknowledging good friends and saying “thanks” to those who support me and Tax Resolution Services with referrals, word of mouth and repeat business.
   This month’s Tax Client Of  The Month is Mr. Blake Epstein.
Mr. Epstein owed the IRS over $38,000 when he retained our firm.  We were able to negotiate an IRS payment plan (also known
[Read More]

IRS Installment Agreement Fulfilled By Life Insurance Benefits in Recent IRS Case

Tuesday, November 3rd, 2009

In certain cases when a married couple with an installment agreement cannot pay off the full amount, the IRS Chief Counsel can sometimes recommend that the IRS accepts the assignment of death benefits if one of the taxpayers dies.
In a recent case, one spouse of a married couple died before the installment agreement ended. The IRS wanted to seize all assets of the taxpayer covered by the agreement but was
[Read More]

77-Year Old Developer Evades Taxes and Sentenced to Prison Time - Don’t Evade Taxes, Set Up an IRS Payment Plan if You Owe Back Taxes

Monday, October 26th, 2009

If you owe taxes to the IRS, and feel like you do not have the money to pay them back, you can work out a payment plan with the IRS, also known as an Installment Agreement, which allows you to pay your tax liabilities over time.  Some people are able to negotiate their tax payment plans, but if you owe $25,000 and over, I would highly recommend working with a
[Read More]

Ask the Tax Resolution Expert - Do I Qualify for the IRS Offer in Compromise Plan or Participating in the IRS Installment Agreement Payment Plan?

Thursday, October 22nd, 2009

Look for our “Ask the Tax Expert” column every month.  This column, and our tax blog, is full of free tax advice that can help you find tax relief.  Got a question for our tax expert?  Email your tax questions to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
——-
Question: I’ve been reading your newsletter, and I understand why the IRS Offer in Compromise program is an excellent one for those
[Read More]

Tax Client of the Month: Negotiating IRS Payment Plan and Penalty Abatement Helps Tax Relief Client Save $104,000

Sunday, October 18th, 2009

Every month I choose a very special Tax Client Of The Month.  It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Michael Brady.
Mr. Brady owed the IRS over $130K in taxes including penalties and interest. We successfully abated the penalties in the sum of over $36K.
[Read More]

Ask the Tax Resolution Expert: Tax Relief For Overwhelming IRS Back Taxes Debt and Penalties

Thursday, October 15th, 2009

Back taxes and IRS penalties can add up to an overwhelming amount if not resolved as soon as possible. If you do find yourself in a position where you’re unable to make payments to the IRS because your income is barely covering your living expenses, don’t hesitate to get tax help. Getting started on resolving your tax problems is always better than doing nothing about them.
Even people who have gone
[Read More]

Texas Woman Evades Taxes and Gets Prison Time - Options Like IRS Payment Plan Can Help Ease Tax Burden

Tuesday, September 29th, 2009

Perhaps people evade taxes because they feel like they cannot afford to pay their taxes - especially those who are independent contractors and receive wages without tax deductions.  The IRS will work with you, if you are willing to work with them.  One example is the IRS Installment Agreement, also known as an IRS Payment Plan, where you can pay your tax liabilities over time.  If you choose to go
[Read More]

Tax Help Small Business Owners Struggling to Meet October 15th Tax Extension Deadline

Friday, September 25th, 2009

As the October 15th extension deadline for filing 2008 tax returns looms closer, many small business owners like you who have been busy with running your business may be growing anxious.
To a busy business owner who has to sort through piles of receipts and invoices just to get organized to file their taxes, October 15th may not seem like a lenient tax extension deadline. It can be overwhelming to sit
[Read More]

IRS Payment Plans Are a Possibility Even If You Owe $4 Million Like This Las Vegas Attorney

Wednesday, September 23rd, 2009

IRS Payment Plans, also known as IRS Installment Agreements, are a possibility even if you owe the IRS big money.  This Las Vegas attorney owes almost $4 million dollars to the IRS and he could have negotiated an IRS payment plan instead of evading taxes.  However, if you owe more than $100,000, you will need professional tax representation to negotiate an Installment Agreement for you since the IRS are toughest
[Read More]

Hiring the Right Tax Attorney, CPA, or Tax Resolution Specialist to Ensure You Get the Tax Help You Need

Friday, August 21st, 2009

With today’s tax scam horror stories and so many choices for tax lawyers, choosing the right tax attorney may seem a daunting task. When you’re faced with IRS tax problems such as back taxes and delinquent tax returns, there are many different tax attorneys in the yellow book who will “deal” with these issues. How do you know that you’ve chosen the correct representation for your unique situation? You must
[Read More]

Oregon Man Charged with Tax Evasion and Enters Plea Agreement with IRS

Thursday, August 20th, 2009

Javid David Azari, 60, of Portland, Ore., pleaded guilty to one count of tax evasion. As part of the plea agreement, Azari agreed to cooperate with the United States regarding the whereabouts of all assets related to income tax evasion.
According to the plea, Azari knew he had unpaid federal income taxes for the years 1997 to 1999, and he attempted to evade payment of those taxes by transferring money out
[Read More]

Ask The Tax Resolution Expert - Is the IRS Offer in Compromise Program or IRS Payment Plan for me?

Saturday, August 15th, 2009

Wondering about IRS payment plans, offers in compromise, IRS tax liens, bankruptcy laws or have any other general tax questions?  Email your tax questions to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.  Look for tax advice on our blog - it’s free!
——
Question: Like others who have asked questions here, I owe a substantial amount to the IRS. But I fear I won’t qualify for the Offer
[Read More]

Tax Help for Avoiding Severe IRS Penalties including Prison Time: Tax Evasion Proves Costly for Convicted Bar Owner

Tuesday, August 11th, 2009

The owner of several bars in Scottsdale, Ariz., was sentenced to 24 months in prison after pleading guilty to four counts of tax evasion for the year 2003. The total amount evaded was more than $500,000.
Brian C. Roehrich, 40, of Phoenix, attempted to evade the income tax due while he was the president and sole owner of several bars and nightclubs.
At the time of his guilty plea, Roehrich admitted that
[Read More]

Ask the Tax Resolution Expert - Tax Solutions for Tax Debt

Tuesday, July 28th, 2009

Don’t let your back taxes add up!  Tax Resolution Services is a team of tax attorneys and tax specialists that can help you!  We even offer tax advice and answer questions - for free! - on our tax blog!  Got a tax question?  Email questions to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
————
Question: I owe a lot of money in back taxes to the IRS. I’d prefer not
[Read More]

Tax Resolution Services Tax Client of the Month Gets IRS Installment Agreement

Monday, June 29th, 2009

Every month I choose a very special Tax Client Of The Month.  It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
 This month’s Client Of The Month is John C. Acevedo.
 Mr. Acevedo owed over $43,000 to the IRS.  Tax Resolution Services negotiated a “partial pay” installment agreement with the IRS for $80 per month.
[Read More]