Archive for the ‘Offers in Compromise’ Category
Wednesday, May 15th, 2013
Question: I am filing bankruptcy to get out from underneath debt brought on by some bad financial decisions. Can I discharge in bankruptcy the IRS back taxes I owe for tax years 2008 and 2009 that amount to roughly $25,000? I am struggling financially to pay off all the debt I incurred in this mess but am particularly overwhelmed with the tax debt. Do I have any chance at tax
Tags: certified tax resolution specialist, IRS back taxes, IRS installment agreement, Michael Rozbruch, Offer in Compromise, tax attorney, tax debt, tax relief, tax relief bankruptcy
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Discharging Taxes in Bankruptcy, Expert Help From Tax Attorney, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax Resolution Options and Alternatives, income tax relief, tax help | No Comments »
Monday, May 13th, 2013
Every month at Tax Resolution Services 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 Mr. & Mrs. Ford Sr.
Mr. & Mrs. Ford Sr. owed the IRS $112,000 in back taxes when he sought help. After several months
Tags: Back Taxes, IRS installment agreement, IRS payment plan, Offer in Compromise, Qualified Tax Professional, settle tax debt, Tax Client of the Month, tax resolution services
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, IRS Installment Agreements, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Client of the Month, Working with the IRS | No Comments »
Friday, May 10th, 2013
This was a busy week in tax relief and IRS news. The stories that caught our attention ranged from how long to keep IRS tax records, to celebrity tax woes and finding tax debt solutions to the pro’s and cons of IRS prepared returns.
This week started with a helpful post titled: Tax Relief Tips for How Long to Keep IRS Records. A general rule of thumb guideline suggests that
Tags: Audits, Back Taxes, Celebrity Tax Woes, IRS back taxes, irs problems, IRS tax debt, Lauryn Hill, Offer in Compromise, Qualified Tax Professional, Stephen Baldwin, stephen baldwin tax problems, tax relief, Tax Resolution University
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Celebrity Tax Woes, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, tax resolution, tax resolution services | No Comments »
Thursday, May 9th, 2013
If you have tax troubles that haven’t been addressed, it’s time for you to see a tax professional and get to know your options.
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I remember his face, clear as day.
Panicked — that’s the only word to describe it.
I shook his hand; it was a clammy. He was nervous.
For the sake of this column, I’ll call him Bill. At the time, he was my newest client.
Bill was holding a copy of
Tags: bad tax advice, eliminate tax debt, get out of tax debt, Offer in Compromise, paying back taxes, Qualified Tax Professional, reduce tax debt, tax client, tax debt, tax problems, tax recovery, tax resolution services, under reporting income
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Tax Resolution Options and Alternatives, tax resolution | No Comments »
Friday, April 26th, 2013
Tax practitioners who would like to develop skills to prevent and or resolve IRS collections are invited to join tax expert Eva Rosenberg, aka TaxMama® and yours truly for a complimentary webcast titled: “IRS Practice – Overview of Collection Issues. This course (part of the IRS Practice Series) provides an overview of the collections process and explores the numerous collection issues a practitioner may encounter including the
Tags: IRS Appeals, IRS problem solver, irs tax relief, Michael Rozbruch, Offer in Compromise, power of attorney, tax expert, tax resolution expert
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Monday, April 22nd, 2013
Just because the April 15 tax deadline passed doesn’t mean people who owe back taxes should stand idly by. It’s time to “man up” to the challenge and resolve your IRS tax issues with the help of an expert tax resolution professional. But who do you choose? On a video episode from the Midday Sunday Fox 11 with host Tony Valdez program, I explain how the tax resolution industry has
Tags: American Society of Tax Problem Solvers (ASTPS), certified tax resolution specialist, Installment Agreement, IRS audit, IRS payment plan, IRS tax issues, IRS tax settlement, Offer in Compromise, owe back taxes, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS payment plan, IRS tax audit, Offers in Compromise, Tax news and tips, tax help, tax resolution | No Comments »
Tuesday, April 16th, 2013
It’s the day after tax day and for those taxpayers who don’t intend on filing a tax return, you may want to reconsider. Not filing means you will be facing significant IRS tax issues. Failure to file is considered a misdemeanor that can be punishable up to $10,000 per year and one year in jail. In fact, IRS penalties are more severe for non-filing than for non-payment. If it sounds
Tags: certified tax resolution specialist, Installment Agreement, IRS penalties, IRS tax debt, IRS tax problems, Offer in Compromise, penalty reduction, tax attorney, tax help
Posted in 365 Ways to Keep the IRS at Bay, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Debt Help News, Tax Problem FAQs, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Monday, April 8th, 2013
Every month at Tax Resolution Services 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 Mr. Brian C.
Mr. Brian C. owed the IRS $148,000 in back taxes when he sought help. After several months of negotiations, we were
Tags: certified tax specialist, Offer in Compromise, owing back taxes, qualified tax specialist, Tax Client of the Month, tax relief, tax resolution services
Posted in IRS Times and Inquirer, Offers in Compromise, Tax Blogs, Tax Client of the Month, Tax Relief News, tax help, tax relief testimonials, tax resolution | No Comments »
Thursday, April 4th, 2013
During my interview last tax season on the Midday Sunday Fox 11 with host Tony Valdez program, Mr. Valdez posed a scenario that many today may be facing: they have finished preparing their taxes, but don’t have the money to pay them. What should they do? This is a common question and the good news is that taxpayers with tax debt have options! Below the video, I offer some solutions.
If
Tags: certified tax resolution specialist, Installment Agreement, IRS audit, IRS tax debt, IRS tax settlement, Midday Sunday Fox 11 News with Tony Valdez, Offer in Compormise, tax attorney, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Expert Help From Tax Attorney, IRS Installment Agreements, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax Problem FAQs, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief | 1 Comment »
Monday, March 25th, 2013
Some of you may still be deciding whether to hire a tax professional or purchase tax preparation software. In this informative video, (one part of a series that came from my appearance on the Midday Sunday Fox 11 with host Tony Valdez program), I offer the following tax help tips:
When tax preparation software works
Know when it’s time to hire a tax professional
When it’s time to hire a tax resolution specialist
(Below
Tags: certified tax audit specialist, certified tax resolution specialist, Fox Business News, fox news, IRS audit, IRS tax help, Michael Rozbruch, Midday Sunday Fox 11 News with Tony Valdez, tax attorney, tax debt, tax expert, tax resolution expert, Tax Tips, tony valdez
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax news and tips, tax help, tax resolution | No Comments »
Saturday, March 16th, 2013
Every month at Tax Resolution Services 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. Debra W.
Ms. Debra W. owed the IRS over $73,000 in back taxes. After several months of negotiations, we were able to settle
Tags: back tax debt, Back Taxes, Offer in Compromise, settle tax debt, Tax Client of the Month, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, IRS help, Offers in Compromise, Tax Blogs, Tax Client of the Month, income tax relief, tax help | No Comments »
Friday, March 15th, 2013
Let’s recap the tax relief news we covered this week. Featured topics were: eliminating joint filing to help innocent spouses, Florida brothers sentenced for tax evasion, ways to pay your back taxes, IRS tax scams and schemes to avoid, and the Southland Better Business Bureau (BBB) LA Chapter gets expelled for “pay to play” practices.
Joint Tax Filing Thought to Help Innocent Spouses
I wrote a post titled Eliminating Joint Tax Filing
Tags: Back Taxes, BBB, better business bureau, Innocent Spouse, Installment Agreement, IRS tax scam, Offer in Compromise, Qualified Tax Professional, tax debt, tax relief, Tax Resolution University
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Tax Relief News, Tax Scams, income tax relief, tax help, tax resolution services | No Comments »
Tuesday, March 12th, 2013
Question: I need to do my taxes for 2012, and I just don’t know what to do! I owe back taxes already, and I don’t think I can pay them. Now, this year, I’m sure I’ll just add to that tax debt. I don’t see how I can get out from under it. What options do I have?
Answer: Your situation is a tough one, but you’re asking the
Tags: Installment Agreement, Offer in Compromise, owe back taxes, pay off back taxes, Qualified Tax Professional, tax debt, tax resolution services, tax situation
Posted in Ask the Expert, Back Taxes, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Monday, March 4th, 2013
If you are in tax debt and worried about your future, it’s time to see a professional.
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It’s coming — next month.
The dreaded Tax Day.
For some, it’s the worst day on the calendar.
Why?
Because they have tax debt.
Or they are under government scrutiny.
Or they are cheating — perhaps they prefer the term fudging? — their taxes and are concerned about getting caught.
Are you one of these U.S. consumers?
If so, you have reason
Tags: auditing tax returns, IRS installment agreement, IRS payment plan, Offer in Compromise, outstanding tax debt, settle tax debt, settle your tax debt, tax cases, tax day, tax debt, tax evasion, tax problems, tax professional, tax resolution services
Posted in IRS Installment Agreements, IRS Times and Inquirer, IRS payment plan, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Monday, February 18th, 2013
Question: I know I have a huge tax debt. And I know I need to do something about it. I probably should see a professional. But in the meantime, I’ve been trying to do my own research, and I’m stuck. I just don’t understand the difference between the Offer in Compromise and the Installment Agreement.
Answer: Admitting that your tax debt is a problem and acknowledging that you should
Tags: eliminate tax debt, IRS installment agreement, Offer in Compromise, Qualified Tax Professional, tax debt, tax professional, tax resolution services, tax troubles
Posted in Back Taxes, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, tax help | No Comments »