Archive for the ‘IRS payment plan’ Category

Singer Kelis Pays Down Huge Tax Debt

Wednesday, November 13th, 2013

It’s great to report on celebrities who do a great job paying off their massive tax debt. Case in point: singer-songwriter Kelis Rogers, better known simply as Kelis who is paying down her enormous tax debt to the Internal Revenue Service and to the states of New York and California.

As first reported by TMZ, Kelis owed $741,027.59 in back taxes. She has since cut that debt in half,
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IRS Tax Problems-Agency Delays Start of Filing Season

Friday, October 25th, 2013

The government shutdown earlier this month did more than fray the nerves of citizens. It also delayed the start of the tax filing season. An article by MSN Money titled: “Shutdown causes IRS to delay tax filing season” cites an IRS press release sent out on October 22 announcing an up to two week delay to the start of the 2014 filing season due to the 16-day federal closure. The
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IRS Reminder – October 15th Tax Extension Deadline

Monday, September 30th, 2013

The IRS recently posted both a video and a press release to remind taxpayers that if they filed for an extension, the due date is October 15th, 2013. According to the IRS, many of the more than 11 million taxpayers who requested an automatic six-month extension this year have yet to file. Below the video is information the IRS wants to make sure taxpayers are aware of:

Here are exemptions to
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Tax Defense Partners Ranked Highest in Top Ten Reviews

Monday, August 26th, 2013

It was great to receive the news that Tax Defense Partners (TDP) was ranked the highest of all Tax Debt Relief Service providers on Top Ten Reviews. This first place review sighted the following reasons why TDP is the best option for representing taxpayers before the IRS:

The age of the company
The number of clients it has served
The fact that Tax Defense Partners can help with and negotiate any tax situation

It’s rewarding
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Tax Relief Weekly News Round Up

Friday, August 23rd, 2013

Happy Friday!
This week we featured tax relief stories about the following subjects: how tax resolution can help struggling taxpayers, turning financial failures into success, ways to pay off a large tax debt. We also covered stories about tax evasion, filing false tax liens and tax fraud.
Here’s the tax news recap:
The post How Tax Resolution Services Helps People Find Tax Relief was inspired by a video interview I had in February
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Three Californians Indicted for False Tax Liens and Fraud

Thursday, August 22nd, 2013

The Imperial Valley News (IVN) recently published an article titled: “California Residents Indicted for Filing False Tax Liens Against IRS Employees and Tax Fraud” highlighting an incredible story of three brazen and foolish people who thought they could outsmart the IRS. According to IVN, the Justice Department announced the unsealing of a superseding indictment that charged three Placerville, California residents: Teresa Marie Marty, Charles Tingler and Victoria Tingler, with conspiracy
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IRS Question Corner: How Can I Pay Off Tax Debt?

Wednesday, August 21st, 2013

Question: I owe a lot in tax debt, and there’s no way I can repay what I owe. I’ve read about the Offer in Compromise and the Installment Agreement. But how do I determine which is right for me?

Answer: Those are great questions — not only because you need to know the answers as you confront your tax debt head on, but also because they are questions many indebted
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Five Tax Help Tips to Keep IRS Audits at Bay

Friday, August 16th, 2013

Tax Defense Partners helps people resolve their tax problems and counsels clients on ways they can stay compliant and prevent future IRS tax issues. An article by Forbes titled “5 Steps to Keep the IRS Out of Your Hair” gives sound advice to taxpayers, reminding them to be proactive about preventing tax issues especially ones that have the potential to trigger an IRS audit.
Here are the top five tips Forbes
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Americans Living Abroad Renouncing US Citizenship

Tuesday, August 13th, 2013

A Wall Street Journal article titled: “U.S. Expats Balk at Tax Law” reports that the government’s quest to find tax evaders is prompting some Americans living in Asia and around the world to rethink their citizenship. Their biggest complaint: the increasing burden of paperwork required by Foreign Account Tax Compliance Act, or FATCA.
As per FATCA regulations foreign institutions are required to disclose the overseas assets of U.S. citizens and green-card
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Tax Help Tips-How to Avoid Tax Relief Scams

Tuesday, August 6th, 2013

For fifteen years, I have been helping people resolve their tax problems. During that time, I have seen my share of tax scams and schemes. Some of the worst ones have been from so called “tax resolution experts” who, with no previous experience in tax problem resolution, prey on struggling and vulnerable taxpayers seeking IRS tax relief. But not all tax resolution firms or experts are created equal.
After reading a
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Tax Relief Weekly News Round-Up: Top Tax Stories

Friday, July 26th, 2013

Happy Friday!
The cases and stories that caught our attention this week ranged from offshore tax evasion and estate tax issues, to a prison sentence for failing to file tax returns and July’s Tax Client of the Month.

Estate/IRS tax issues:
Proof that the IRS is going after wealthy Americans is evidenced in the stories of large estates receiving massive tax bills from the IRS. The post Tax Problems-Pohlad Estate
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IRS Question Corner: How Do I Pay Off Back Tax Debt?

Thursday, July 18th, 2013

Question: I’m in deep trouble. Bottom line: too much tax debt, not enough income. The reasons for this are many: bad tax advice, recklessness on my part, and most recently (and tragically for me) a significant loss of income. I’m petrified about the future. Can you help?

Answer: First of all, I’m very sorry to hear about the position you’re in. While it may not be immediate consolation, please know
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Tax Client of the Month Saves $42,000 with IRS Offer in Compromise

Tuesday, July 16th, 2013

Every month at Tax Defense Partners 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 Ms. Florabel V.
Ms. Florabel V. owed the IRS over $46,000 in back taxes when she contacted us for help.  After several months of
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What to Do if You Missed June 30 Business Tax Deadlines

Wednesday, July 3rd, 2013

April 15 is not the only tax filing deadline taxpayers need to be aware of. Tax expert Eva Rosenberg, aka TaxMama® reminds us in a post titled: Looming Deadlines that business owners changing employee classification and those with offshore bank accounts had until June 30th to file reports with the IRS in order to avoid hefty IRS penalties and fines.
Here is the important tax information TaxMama mentions:
Offshore bank accounts and
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Tax Resolution Success Story-Client Saves $27k

Friday, June 21st, 2013

Facing the IRS alone is like going up against an army. A new video clip on Glenn Beck’s, The Blaze TV tells the story of a viewer who learned first-hand just how tough the IRS can be. Not only did the viewer have several years of unfiled returns, he knew he needed to pay back the $33,000 in back taxes he owed. (*Below the video clip is information on how to
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