Archive for the ‘tax help’ Category
Wednesday, November 18th, 2009
The latest IRS step-up in tax collection crackdown has some 14,700 wealthy Americans shaking in their chairs. The IRS reports that it has been seeing an “unprecedented” number of Americans who have come forward before the October 15th amnesty deadline. Offshore account holders who voluntarily disclose their unpaid back taxes on foreign funds by this deadline are able to receive reduced IRS penalties.
For those who did not make the deadline
Tags: Back Taxes, Douglas Shulman, FBAR, IRS offshore tax settlement, October 15th, offshore account amnesty, offshore tax settlement, Reuters, tax help, UBS
Posted in Back Taxes, Offshore Tax Settlements, Seeking Professional Tax Help, Tax news and tips, tax help | Comments Off
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
Tags: evading taxes, filing false tax returns, Free Tax Consultation, irs problems, IRS specialists, Offshore Banking, tax attorney, tax cheat, tax debt, tax evasion, tax professional, tax relief, tax resolution services, tax specialist, underreported tax liability, underreporting income
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, IRS help, Seeking Professional Tax Help, Tax Debt Help News, tax help | No Comments »
Saturday, November 14th, 2009
If you are a self-employed independent contractor, you need to know that the tax clock is ticking and you’re in danger of letting serious income tax relief money slip through your fingers. If you’re not careful, you could also make some common self-employed independent contractor income tax mistakes that will mean you’ll owe back taxes on your 2009 income tax return.
If you’re a freelance self-employed professional, the most important thing
Tags: Back Taxes, income tax relief, independent contractors, IRS audit, self-employed independent contractors, self-employed individuals, tax attorney, tax help, tax tips for freelance professionals, tax tips for self-employed, year-end tax tips
Posted in Back Taxes, Expert Help From Tax Attorney, Seeking Professional Tax Help, income tax relief, tax help | No Comments »
Friday, November 13th, 2009
In this current economy where the unemployment rate is still climbing, millions of taxpayers like you are setting up shop in their homes to provide services as self-employed independent contractors. Whether your new self-employment status is a temporary measure or part of your long-term plan to fortune and glory, there are tax dangers (plus surprisingly lucrative income tax relief) that you should pay attention to.
One of the top priorities for
Tags: Back Taxes, income tax relief, IRS audit, self-employed independent contractor, tax attorney, tax help, tax relief, tax tips for freelance professionals, tax tips for self-employed, year-end tax tips
Posted in Back Taxes, Expert Help From Tax Attorney, Seeking Professional Tax Help, income tax relief, tax help | 1 Comment »
Friday, November 6th, 2009
What investors need do as the year draws to a close is take advantage of opportunities to improve their tax situation by getting the tax help they need to make strategic decisions for managing their investment portfolios.
However, with the current recession and federal tax revenues declining, investors should be aware that the IRS is going to take every step it can to collect what’s due. So the most important tax
Tags: deducting capital losses, deducting investment losses, IRS audits, irs problems, tax attorneys, tax help, tax tips for investors, year-end tax tips
Posted in Tax news and tips, tax help | No Comments »
Wednesday, October 28th, 2009
You may have seen our new campaign featuring The TRS Files, real-life tax resolution stories designed to help Americans with IRS tax problems know that they’re not alone. We created the campaign to educate taxpayers on their options for immediate and permanent tax relief - so they don’t have to bear the burden of dealing with the IRS on their own!
People have been asking me about the TRS Files spokesman.
Tags: fred dryer, IRS tax problems, tax help, tax relief, tax resolution, TRS, TRS Files
Posted in TRS Files, tax help | No Comments »
Friday, October 16th, 2009
Today I’m in Las Vegas at the American Society of Tax Problem Solvers (ASTPS ) national conference. I’ll be leading 2 workshops for tax relief professionals. For the first time, ASTPS is offering SUPER Advanced Seminars geared towards highly experienced practitioners - and I’m grateful for this opportunity to share my real world experience and knowledge to help other seasoned professionals grow their practices.
And I’m in good company along with
Tags: American Society of Tax Problem Solvers, irs problems, tax help, tax problem solvers, tax relief, tax representation, tax resolution
Posted in Seeking Professional Tax Help, tax help | 1 Comment »
Tuesday, October 13th, 2009
To help taxpayers like you and me survive through this economic recession, the government is making efforts to put more money in the people’s pockets–especially those who make a low income, Social Security and Railroad Retirement beneficiaries, and recipients of certain veteran’s payments.
You can find out if you qualify to receive the economic stimulus rebate by checking out the Q & A on the IRS website.
The pre-requisite for anyone wishing
Tags: Back Taxes, economic stimulus rebate, failure to file, IRS help, IRS tax debt, October 15th tax deadline, tax attorney, tax help, tax relief
Posted in Back Taxes, Seeking Professional Tax Help, Tax news and tips, tax help | No Comments »
Wednesday, October 7th, 2009
After his comeback fight with Juan Manuel Marquez, Mayweather Jr. agreed to pay the IRS $5.6 million in back taxes before the IRS took it out of his purse.
According to the LA Times, “the IRS sent the Nevada Athletic Commission a levy notice on Sept. 4 ordering Mayweather’s unpaid taxes from 2007 to be deducted from his $10-million fight purse.” Essentially, the IRS managed Mayweather’s cash flow for him by
Tags: Back Taxes, Floyd Mayweather Jr., IRS debt, IRS tax debt, Michael Rozbruch, tax attorney, tax evasion, tax help
Posted in Back Taxes, Tax news and tips, tax help | No Comments »
Wednesday, October 7th, 2009
The IRS can be difficult to understand–they have a whole set of terminology that is not used in any other realm except the one concerning taxes. So on top of understanding your legal tax obligations, it’s also important to know what key tax terms mean. Resolving your IRS problems can be frustrating and complicated, but getting the tax help you need doesn’t have to be.
This combination of deciphering the IRS
Tags: Back Taxes, Innocent Spouse, Michael Rozbruch, tax help, tax help glossary, tax relief, tax resolution, tax resolution services, tax terms definition, tax terms help
Posted in Back Taxes, Innocent Spouse, tax help | No Comments »
Wednesday, September 23rd, 2009
There been lots of tax news and buzz about the extension of the tax amnesty period for offshore account holders. But something that has not been in the spotlight quite as much is how you will need expert tax help to take advantage of this so-called leniency from the IRS.
Brian Compton, my associate and the President of Tax Resolution Services, was recently interviewed by Rob Lever from the international publicationÂ
Tags: brian compton, Foreign Bank and Financial Accounts (FBAR), offshore accounts, tax amnesty, tax help, Voluntary Disclosure
Posted in Seeking Professional Tax Help, Tax news and tips, Voluntary Disclosure, tax help | 1 Comment »
Thursday, September 17th, 2009
As the IRS Amnesty Period is drawing quickly to its expiration date next Wednesday, September 23rd, 2009, overseas account holders must act quickly to voluntarily disclose their funds abroad to reduce their chances of criminal prosecution.
Over Labor Day weekend, a member of the wealthy and privileged elite, Finn M. W. Caspersen, took his own life in the Shelter Harbor Golf Club in Rhode Island. Authorities believed that Caspersen may have
Tags: Back Taxes, delinquent tax returns, delinquent taxes, failure to file, FBAR, Finn M. W. Caspersen, Free Tax Consultation, IRS debt, irs problems, Michael Rozbruch, overseas bank account holders, tax attorney, tax evasion, tax expert, tax help, tax resolution, UBS deal
Posted in Back Taxes, Tax news and tips, tax help | 1 Comment »
Tuesday, September 15th, 2009
The IRS is stepping up its creativity by utilizing resources that stem beyond the basic IRS database. Recently, the IRS announced that it plans to expand a program that cross-references between the IRS database and mortgage payment databases to catch any inconsistencies.
The Treasury Inspector General for Tax Administration announced that the IRS will use the mortgage-interest payment databases to inspect and find non-filers as well as people who reported less
Tags: Back Taxes, Compliance Initiative Projects, delinquent tax returns, IRS debt, IRS enforcement, IRS help, IRS tax audit, Michael Rozbruch, tax attorney, tax evasion, tax fraud, tax help, tax relief, tax resolution services
Posted in Back Taxes, Expert Help From Tax Attorney, IRS help, Seeking Professional Tax Help, income tax relief, tax help | No Comments »
Friday, September 11th, 2009
In my industry, I see many cases where taxpayers could avoid or reduce IRS penalties if they provide sufficient documentations that substantiate their business deductions.
Upon IRS request, you must have sufficient documentation to prove the legitimacy of your tax deductions in order to avoid tax evasion charges. If however, you are unaware of illegal deductions that your spouse made on your joint tax return, you are eligible to file for
Tags: Back Taxes, business expense deductions, delinquent tax returns, delinquent taxes, Free Tax Consultation, IRS debt, Michael Rozbruch, tax attorney, tax evasion, tax relief, tax resolution, tax resolution services, wrongful tax deductions
Posted in Back Taxes, Innocent Spouse, Seeking Professional Tax Help, Tax news and tips, tax help | 1 Comment »
Wednesday, August 19th, 2009
Congratulations and good luck to TaxMasters! Earlier this week, TaxMasters, Inc. received its stock trading symbol and is now officially a publicly traded company.
As the CEO of the only certified national firm of tax problem resolution specialists, I would like to extend my congratulations to them. This event is indeed a milestone for the tax relief industry as a whole and is a sign of the times that more
Tags: Back Taxes, certified tax problem solvers, false tax return, IRS audit defense, Michael Rozbruch, Offer in Compromise, tax debt, tax expert, tax help, tax levies, tax liens, tax resolution expert, tax resolution services, taxmasters
Posted in Tax Relief News, Tax news and tips, tax help | No Comments »