Archive for the ‘IRS Question Corner’ Category

Ask The Tax Resolution Expert - How You Can Avoid Paying Taxes on “Cancellation of Debt”

Monday, October 26th, 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.
As many Americans have lost their homes due to the real estate crash, some are wondering whether they can avoid
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Top 7 Tax Resolution Lessons Learned from the Worst Cases of Celebrity Tax Evasion

Thursday, October 22nd, 2009

Celebrities, just like average taxpayers, can run into serious IRS problems. You have an edge over the high-profile celebrity tax cheats in that you can learn how to avoid IRS tax problems from the worst celebrity tax evasion cases.
Recently Access Hollywood compiled a list of celebrity tax cheaters who found themselves in deep IRS trouble with Uncle Sam. With thousands of fans and loyal followers, ending up on the
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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.
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Question: I’ve been reading your newsletter, and I understand why the IRS Offer in Compromise program is an excellent one for those
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TRS Files: Tax Relief Client Saves $92,000 and Has IRS Liens Permanently Removed

Wednesday, October 14th, 2009

Are IRS tax problems keeping you up at night? You can choose to resolve your problems today and have it all go away by getting expert tax help from TRS.
We’ve been featuring real life tax relief clients on the TRS Files to help people who are being targeted by the IRS get the help they need to resolve their back taxes and IRS debt. I recently shared the story
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Ask the Tax Resolution Expert - Qualifying for the IRS Offer In Compromise Program for Taxes Owed

Friday, September 18th, 2009

Tax Resolution Services team of tax attorneys and IRS specialists offers people seeking tax relief a FREE tax consultation!  If you are not ready for the consultation but have a question about delinquent tax returns, IRS payment plans, tax relief for an innocent spouse, IRS tax liens, or something else that is tax-related, email your questions to advice@taxresolution.com with “Ask the Tax Expert” in the subject line and look for an
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Tax Help For UBS Account Holders Seeking IRS Tax Relief For Tax Evasion Charges

Tuesday, August 25th, 2009

It’s official–UBS, the Swiss Banking Giant has reached a deal with the US Government and the Swiss Government to release around 4,450 names of American account holders suspected of tax evasion.
The US Government estimates there to be $18 billion hidden in these offshore accounts–giving the IRS plenty reason to scrutinize and audit both the innocent and guilty in the upcoming months.
If you have a UBS account and have not paid
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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!
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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
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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.
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Question: I owe a lot of money in back taxes to the IRS. I’d prefer not
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Tax Evasion Schemes Are Too Costly To Be Worth The Effort

Wednesday, July 22nd, 2009

In the current environment of increasing IRS enforcement efforts, it is unwise for taxpayers to evade taxes and think that they can get away with it.
While it may be true that a small percentage of tax evaders could enjoy a few years of “freedom” from the IRS, the ones who do get caught could be served with debilitating bank levies and heavy wage garnishments for life. (And you never know
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Ask the Tax Resolution Expert - Offer in Compromise Can Help with Tax Debt

Wednesday, June 24th, 2009

Taxes can be complicated.   Send your questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, how to set up monthly payment plans with the IRS or general questions about tax relief to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
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Question: I have a lot of debt, including tax debt. How I amassed this debt isn’t important right now. What is important is this: What can
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Ask the Tax Resolution Expert - Which is Better: Installment Agreement or Offer in Compromise?

Wednesday, May 20th, 2009

Got tax questions?  Tax season is not the only time to have your tax questions answered.  Send your questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, how to set up monthly payment plans with the IRS or general questions about tax relief to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
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Question: I’ve read a little bit about the Offer in Compromise and the Installment Agreement. Which one is better?
Answer:
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Ask The Tax Resolution Expert - What is the Offer in Compromise, and how do I qualify?

Thursday, April 9th, 2009

It’s tax season - the perfect time to resolve your tax probelms and get your IRS questions answered!
Got tax questions?  Send your questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, or tax relief in general to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
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Question: Give it to me straight, please. I have substantial tax debt. What is the Offer in Compromise, and how do
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Ask the Tax Resolution Expert: Taxpayer with IRS Debt Doesn’t Qualify For Offer in Compromise and Needs Tax Relief Options

Wednesday, March 18th, 2009

Today’s question comes from a reader who spends sleepless nights worrying about tax debt…
Given what you’ve said before, I don’t think I qualify for an Offer in Compromise. But that doesn’t mean I’m not in tax debt that’s keeping me awake at night. What can I do?
You’re right — partially. Not everyone qualifies for the Offer in Compromise program, but you’re making a huge mistake by assuming from the outset
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IRS Question Corner … Will the IRS’s Offers in Compromise program work for me?

Thursday, February 19th, 2009

Question: I owe back taxes to the IRS. But how do I know if this Offer in Compromise will work for me? Am I eligible?
Answer:  I can’t say for certain whether you are eligible until I have an opportunity to meet with you in person and analyze your records. But certainly, if you owe back taxes to the IRS and you are unable to pay the debt, you may be
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IRS Question Corner … Tax Debt? IRS Offers in Compromise Program May Help

Thursday, January 22nd, 2009

Question: Things aren’t going well. I maxed out my credit cards to be able to give my kids the type of Christmas they’re used to having. All the while, I felt dread. That’s because I owe a huge amount to the IRS — about the same amount I expect to make in total income in 2009. What can I do?
Answer:  First of all, don’t panic. Put that dread to the
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