Archive for the ‘Offers in Compromise’ Category

Learn Why The IRS Offer in Compromise Program That Helps Qualified Consumers Resolve Tax Debt Was Established

Thursday, February 17th, 2011

At Tax Resolution Services we know that settling back tax debt can be scary.  Many people who use our tax resolution services feel that they may not be able to pay off their tax debt in it’s entirety.  If you feel this way, you are not alone.  Fortunately, consulting a Certified Tax Resolution Specialist is a great first step towards tax relief.  Our team of tax professionals will advise you on the
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Tax Relief Expert Shares Lessons Learned From Celebrity Tax Woes on Big Biz Show

Tuesday, February 15th, 2011

Earlier this week, I kicked off the Tax Resolution Tax Day Countdown with Russ and Sully on the Big Biz Show by talking about celebrity tax woes and what we can learn from them.
Unlike what the tabloids may suggest, celebrities don’t get better or worse treatment from the IRS than regular Joe Six-Packs. But what IS different is that the IRS leverages the celebrity of the name as a deterrent
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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.
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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Offer in Compromise Accepted by California Franchise Tax Board for Tax Client

Saturday, January 22nd, 2011

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Barbara K.
Barbara owed the California Franchise Tax Board $7,400 for the year of 1995 when she sought our help. Our negotiations and advocacy resulted in the FTB
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Unable to Pay Your Tax Debt? The IRS Offer in Compromise Program May Solve Your Tax Debt Problem

Monday, December 13th, 2010

Tax debt can be a huge burden and scary to face.  Many people do not know that the IRS has options for those who may not be able to pay off their tax debt.  One of these option available to qualifying taxpayers is called the Offer in Compromise program.  One of my tax relief clients asked about the Offer in Compromise program (see question below) and I believe that explaining the
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Seek Tax Debt Help from a Tax Professional Instead of Running from the IRS

Saturday, November 27th, 2010

As a Certified Tax Resolution Specialist, I would not advise you to become a fugitive because you think the taxes you owe are too much for you to pay.  Instead of running from your taxes, run straight to a tax professional, like Tax Resolution Services, who will help you resolve your tax debt.  If you can’t pay the taxes that you owe, the IRS actually has reasonable options to help
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Professional Tax Relief is a Better Choice than Participating in Tax Fraud Schemes

Sunday, November 21st, 2010

Attention people with tax problems!  Don’t be a part of a fraudulent tax scheme to pay lesser taxes!  If you have tax problems, Tax Resolution Services has options!  We offer a free tax consultation to review the depth of your tax problems and can offer an array of solutions that finds you the best tax relief.  Many of our tax clients are able to qualify for the IRS Offer in Compromise progam – paying
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Resolve Back Taxes with a Tax Professional Because Tax Schemes Don’t Work!

Tuesday, November 16th, 2010

Are back taxes keeping you awake at night?  Is the IRS demanding payment of back taxes, penalties and interest, and you don’t feel like you can pay it?  There are options!  The first step is to get a tax professional on your side.  At Tax Resolution Services, we deal with back taxes and the IRS everyday.  We can negotiate an IRS payment plan, or possibly even a reduction in what
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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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IRS Back Taxes Owed by Singer Toni Braxton Amount to $396,330

Monday, November 8th, 2010

If you’re a U.S. citizen, you must pay taxes, no matter how rich or poor you are.  Celebrities, singers, actors are no exception.  In the article below, R&B singer Toni Braxton finds herself in hot water with the IRS, owing almost $400,000 in back taxes.  Whether you owe the IRS back taxes in the amount of $400,000, or significantly less, you will feel the weight of the world lifted off your
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Settle Tax Debt with Professional Tax Relief Services, Not with Tax Evasion

Thursday, October 28th, 2010

You don’t get IRS tax relief by dodging taxes!  The best way to get tax relief is settling back taxes.  If you owe back taxes, let Tax Resolution Services help you settle your tax debt.  Afraid that you owe more than you can pay?  There are options.  The IRS has an Offer in Compromise program – where we may be able to negotiate a settlement amount that won’t break your bank.  If you don’t qualify for that, you
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Tax Relief News: Expert Tax Relief Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

Monday, October 18th, 2010

Contrary to what some TV advertisements will have consumers believe, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, expert tax help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.
Many taxpayers in the current economic downturn are struggling to make ends meet, have lost theirs job, are
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Businessman Tries to Use Offer in Compromise Program to Avoid Tax Debt of $1.4 Million

Wednesday, October 13th, 2010

The IRS established the Offer in Compromise program to help taxpayers who have experienced significant financial problems get a fresh start.  Although many people somehow feel that their “financial problems” will qualify, in reality only about 26% of those who applied for the Offer in Compromise program (in 2007) were actually accepted.  A perfect example of the other 74% is highlighted in the article below:
Albert Holland, 70, of Sharon, Conn., was sentenced
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Get Tax Relief for Paying Back Taxes to the IRS Even if You’re Broke

Sunday, October 10th, 2010

Sometimes back taxes happen to good people. If you owe the IRS money for unpaid taxes, then you are probably feeling overwhelmed by the desire to stick your head in the sand and are in desperate need of professional back tax help. If you owe back taxes you can’t afford to pay, don’t panic. Check out these insider tax tips that can help you obtain immediate tax relief to help
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The IRS Offer in Compromise Program Saves Tax Client $31,000, Owing IRS Less Than $2,000

Sunday, October 10th, 2010

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s 0ur way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
October’s Tax Client Of The Month is Tamanie B.
Tamanie owed the IRS over $33,000.  After several months of negotiations and advocacy, the IRS accepted a settlement of $1,962.00. Yes, this is correct, just $1,962.00, via the federal
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