Archive for the ‘IRS Installment Agreements’ Category

If You Owe the IRS Back Taxes, There Are Tax Relief Options Available

Monday, January 24th, 2011

At Tax Resolution Services we help people who are struggling with back taxes on a daily basis.  Questions about how to settle back taxes are often asked of our Certified Tax Resolution Specialists.  If you are struggling with back tax debt, there are tax relief options available, as outlined below.Â
Question: There’s no way I can pay what the IRS says I owe. No way whatsoever! They say I owe the
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Tax Relief Expert Shares Strategies for Reducing Back Taxes and IRS Debt

Wednesday, December 1st, 2010

As the economy begins to slowly rebound, there are some 26 million Americans plagued with tax problems including audit or collection-related issues. And with the IRS collection efforts on the rise supported by a record enforcement budget of $5.5 billion, Americans need to know their rights and options for tax relief.
While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (a specialized tax
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Owe IRS Back Taxes? The Offer in Compromise or Installment Agreement are Options for Tax Relief

Wednesday, November 10th, 2010

Is the IRS on the verge of knocking down your door because you owe back taxes?  You should be afraid!  The IRS is more than happy to pursue those that owe back taxes, whether a large or small amount.  Be proactive and settle your back taxes now!  At Tax Resolution Services we can help you find tax relief.  Read on about possible solutions to settle your back tax problems.
Question: If I owe
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Tax Relief FAQ: What Are Your Options if You Cannot Discharge Your Back Taxes and IRS Debt in Bankruptcy?

Tuesday, October 5th, 2010

Due to the harsh reality of the current economy, more Americans are filing for bankruptcy. Although there may be a certain negative connotation attached to filing for bankruptcy, it is also an effective way for many people to get fresh new starts.
Filing for bankruptcy is one way in which you can discharge some of your tax liabilities. In fact, many IRS taxes, penalties and interest qualify for complete 100% discharge
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Top Tax Relief Blog Posts: IRS News and Tax Help With Most Watched Video of September!

Monday, October 4th, 2010

September was a busy month! In addition to sharing our regular tax relief news on our website and blog, our team at Tax Resolution Services also launched a series of short tax help videos on Youtube to reach even more taxpayers in need of tax resolution.
So with October just rolling in, I’d like to take a moment and recapture some of our top blog posts from September, just in case
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Tax Relief FAQ: What Should a Business Owner Do In Regards to Delinquent Payroll Deposits or Past Due Employment Taxes?

Friday, September 10th, 2010

The best thing you can do is to stay current on your employment taxes from this point forward and seek immediate tax help from a tax attorney, CPA, or Certified Tax Resolution Specialist, because you are waddling in deep water. As a business owner, if you fail to file and pay payroll taxes in a timely manner, you face tough enforcement action from the IRS.
While the penalties are sizable and accrue quickly,
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The IRS Offer in Compromise is Not the Only Option for Tax Debt

Tuesday, August 31st, 2010

Did you know that one in six Americans has a tax problem?  You are not alone!  Tax Resolution Services will help you find a tax solution that fits you.  We have a 99.7% client satisfaction rate and have settled thousands of cases for an average of $0.11 on the dollar, saving clients in excess of $52 million.  You read that right!  Don’t wait any longer – contact Tax Resolution Services today
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Nation’s Leading Tax Relief Firm Helps Distressed Homeowners Resolve IRS Back Taxes

Monday, August 30th, 2010

Taxpayers blindsided by back taxes after losing their homes to foreclosure in many cases can qualify for tax relief. For the many Americans who have lost their homes to foreclosure, a nasty and expensive surprise may be waiting. The IRS may choose to pursue them for back taxes relating to the foreclosure, which, for tax purposes, may be treated like a sale. The IRS may deem the foreclosure a form of
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If I Settle Back Taxes Now Can I Avoid Prison?

Monday, August 16th, 2010

Yes!  If you decide, without prompting from the IRS, that you want to settle back taxes, you will most likely avoid prison.  The first step to settling back taxes is to contact a tax professional.  At Tax Resolution Services, we can help you get tax relief and set up a reasonable IRS payment plan or negotiate an Offer in Compromise settlement where you may end up paying pennies on the
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9 Tax Help Tips For Taxpayers Who Owe Back Taxes to Uncle Sam

Monday, August 16th, 2010

Not everyone receives a refund check from the IRS every year. If you’re one of the many taxpayers who will be receiving a bill from the IRS, don’t panic.
There are many different options for you to pay your tax bill without going broke. Check out these 9 tax help tips from the IRS (www.IRS.gov) for taxpayers who owe money to Uncle Sam:

If you get a bill this summer for late
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Tax Resolution Services, Co., Saves Client $48,000 With IRS Offer in Compromise Tax Settlement

Friday, July 30th, 2010

Taxpayers seeking tax relief from back taxes owed to the IRS have several avenues to pursue, but perhaps the most appealing is the Offer in Compromise tax settlement program. The concept is simple: A properly negotiated Offer in Compromise allows a taxpayer to settle tax debts in full for less than the amount owed, without consequences to credit rating.
One of our clients, John P. from Brooklyn, NY owed the IRS
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Tax Relief FAQ: What Is An IRS Installment Agreement for Payment of Back Taxes?

Tuesday, July 27th, 2010

Thousands of Americans owe back taxes and interest to the IRS every year. If you are one of the many taxpayers feeling the burden of tax debt, it’s important to take the necessary steps to resolve your IRS problems now – and not later. The worst thing you can do is ignore letters from the IRS in hope that your troubles will go away. They will not, unless you take the
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Can I Really Settle Back Taxes with the IRS Offer in Compromise Program or is it a Scam?

Tuesday, July 27th, 2010

With the economy being low, tax scams are abundant these days.  When I came across this question from a taxpayer, I thought it was important to address this.  Many people are confused about why the IRS Offer in Compromise program was created and my answer below should satisfy you.
Question: I’ve read some of what you’ve said about the Offer in Compromise program. To be honest, I find it hard to
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Nation’s Leading Tax Relief Firm Helps Americans Discharge IRS Debt in Bankruptcy

Sunday, July 25th, 2010

In the midst of the recent economic meltdown, a record number of Americans filed for bankruptcy protection last year. While bankruptcy may carry a stigma, it can also provide a fresh start free from creditors as well as IRS tax debt.
Taxpayers who owe back taxes and lack the assets to pay them off  can potentially qualify for IRS tax relief. However, it is critical that taxpayers consult a specialized tax
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Tax Relief FAQ: You Owe The IRS Back Taxes. What If You Cannot Pay The Full Amount Now?

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
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