Archive for the ‘IRS Tax Cases’ Category

Tax Debt is Scary But Evading Taxes is Scarier: Man Gets Prison Sentence for Not Reporting $500K

Monday, November 16th, 2009

Some people are just straight up tax cheats.  The Wyoming man in the story below blatantly evaded his taxes doing things such as underreporting income and filing false tax returns.  Subsequently he was sentenced to prison time and left with a hefty fine - all of which he deserves.  For those who find themselves in tax debt, not because they were purposely cheating on taxes but because of other extraordinary
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Kentucky Man Does Not Report $500K in Income by Failing to File Taxes - Did You Know the IRS Accepts Delinquent Tax Returns?

Sunday, November 15th, 2009

Failing to file your tax return is a crime punishable by prison time and a hefty fine.  If you have failed to file taxes and feel like the IRS is breathing down your back, there is tax relief available.  You have the right to file your original tax return, no matter how late it is!  Tax Resolution Services is a professional team of tax attorneys and tax resolution specialists that
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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
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Innocent Spouse Tax Relief May Help Wife of Louisiana Mayor Guilty of Tax Evasion, Corruption

Thursday, November 12th, 2009

We all know that accepting bribes is not acceptable.  Call it what you may, “gifts and gratuities”, but we all know that a person with a governing position, like a mayor, who accepts gifts and gratuities is basically accepting a bribe.  When the bribe happens to be cash, or something of great cash value, it is still taxable.  But because it is a bribe, the mayor decides to evade taxes
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Failure to File Income Tax is a Crime: Get Professional Tax Help Get With Your Delinquent Tax Filing Before It’s Too Late

Wednesday, November 4th, 2009

Every year, for all sorts of reasons, people fail to file their taxes.  When the IRS catches up to you, and they will, it is a crime that is punishable by prison time, a hefty fine, and often, both.  The good news is, if you failed to file your taxes in years past, you still have time to do it.  Many people do not know that you have the right to
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Tax Lien Filed Against Actor Nicholas Cage for $6 Million Tax Debt Owed to the IRS

Tuesday, November 3rd, 2009

If you owe taxes, the federal government will file an IRS tax lien against you.  Do you know what an IRS tax lien means?  First and foremost, it means you are in tax debt and owe the IRS money.  A tax lien filed against you also means that this is on the public record and it shows up on your credit report.  A tax lien can tie up your personal property
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TRS Files: Don’t Let the IRS Seize Everything You Own, Get Help with IRS Audit!

Tuesday, November 3rd, 2009

Matt C. was a freelance worker who never saved enough money to pay taxes at the end of the year.  When the letter from the IRS came, stating that they were going to seize everything he owned - his heart sunk!  Watch how he solved his IRS problems on the video below from TRS Files.
Matt was either going to flee somewhere and hide for the rest of his life or
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TRS Files: Innocent Spouse with IRS Problems Can Finally Sleep at Night!

Friday, October 30th, 2009

This is a story I wanted to share with you because the guy featured in this video, Gib, discovered that he was going to owe the IRS more than 35,000 dollars in back taxes, interest, and penalties.  To hear how Gib was finally able to sleep at night because of a provision in the tax code called Innocent Spouse, watch the video from TRS Files now!
Gib was truly innocent of
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First Prosecution of an Offshore Account Holder in a UBS Tax Case Sends Message: IRS Will Not Tolerate Offshore Tax Evasion

Thursday, October 29th, 2009

On Friday, the first American was prosecuted in a UBS tax case and sentenced to house arrest after admitting he concealed about $6 million in assets from the IRS.
Americans who missed the October 15th deadline for tax amnesty can still reduce severe IRS penalties for offshore accounts (including FBAR penalties that can amount to 200-300% of the asset value of the account!) Account holders need to get expert tax help
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Tax Scams are Not the Way to Resolve Tax Problems or Back Taxes as Witnessed by an Attorney Who Was Involved in a Tax Evasion Scam and Anti-IRS Promotion and Now Faces His Day in Court

Thursday, October 29th, 2009

Facing back taxes can be overwhelming, but must be done!  Did you know that working through your back taxes owed doesn’t have to be done alone?  I recommend professional tax services to help you find tax relief.  Tax Resolution Services specialize in helping people resolve their tax debt one step at a time.   Remember that no one can avoid taxes.  Eventually the IRS will catch on to you like this attorney
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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
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Two Tax Rules: Avoid Tax Scams and If You Need Tax Relief Consult a Tax Professional

Friday, October 23rd, 2009

As I’ve blogged before, tax scams will only get you in trouble with the law!  If you are having tax problems, seek professional tax help.  Tax Resolution Services can help you find tax relief as we have helped many others.  Our tax help testimonials speak for themselves!  Our Offer in Compromise tax settlement rate is $0.13 on the dollar!  Read more about our tax relief road map - what to expect when resolving
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Innocent Spouse Tax Relief Not Always Applicable, But a Possibility for Some Facing Tax Charges

Wednesday, October 21st, 2009

When tax problems arise in a family, it could end the marriage.  Sometimes, the spouse is truly innocent of their partner’s tax problems and the IRS realizes that this may be the case.  There is such a thing as Innocent Spouse Tax Relief and the IRS has a series of questions and Innocent Spouse Tax Relief Rules to extricate the innocent person from being responsible for the tax problem.   If
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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.
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Furniture Retailer Guilty of Tax Evasion and What to Do if You are in an IRS Audit

Thursday, October 15th, 2009

Skimming cash off the top of your business only gets you in trouble.   Often people underestimate the eyes and ears of the IRS and think that they can get away with taking just a little home tax-free.  Most of these people get caught!  Unfortunately the IRS is not perfect either - sometimes people get caught for innocent mistakes too and if you find yourself in an IRS audit, you will need professional tax
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