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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Someone needs to un-break Toni Braxton’s bank account.
The 43-year-old R&B singer, best known for her hit single “Un-Break My Heart,” owes $396,330 in back taxes to the Internal Revenue Service, according to a tax lien the federal government filed against Braxton.
In a bankruptcy petition, Braxton the told the court she is worth $1 million to $10 million but has between $10 million and $50 million in debt.
Ouch.
Braxton’s money and tax
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With a record enforcement budget, the IRS is serious about collecting back taxes and penalizing those who have inadvertently or deliberately evaded their tax payments. A-list celebrities like Wesley Snipes, Paul Hogan, Reggie Bush and many others have faced severe IRS charges and penalties for evading large sums of tax payments.
The media loves to play up the distress of big-name tax evaders who have been caught by the IRS, but
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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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For those taxpayers who filed last April for an extension, time is running out to file any delinquent tax returns and avoid crippling IRS problems. However, if you were one of many who lack the funds to pay IRS back taxes in full, you may be tempted to not file a tax return at all. And that is a big mistake.
The worst thing to do is avoid tax obligations. I
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Do you find dealing with the IRS frustrating? Intimidating? Time-consuming? How about all of the above? You’re not alone.
While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (specialized tax attorneys, CPAs, and Certified Tax Resolution Specialists) in order to maximize their chances of winning a tax settlement while minimizing their contact with the IRS agents.
So what are some of the tax relief
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The super-rich and famous are getting schooled by the IRS left and right nowadays since the agency stepped up its game in recent years to collect unpaid back taxes. Recently, the IRS filed a $63,487 lien against international supermodel Naomi Campbell for unpaid back taxes in 2009.
According to the New York Post, “the IRS filed a $63,487 lien against her last month with the New York City Register’s office for
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Another case of the rich and famous owing back taxes to the IRS! In recent news, California’s lieutenant Governor, Abel Maldonado’s family paid $111,146 in back taxes to the IRS last month, after the government placed a tax lien on the business, the family farm.
The governor’s father and brother paid the back taxes sum, though stating they were doing so “under protest” as they were disputing the charge. According to the
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The man in the article below got busted for some serious crimes.  He is lucky that he got off with five years of probation and no jail time.  As an employer, which he was, who withheld taxes from his employees, he was obligated to turn over the employee withholding taxes to the government.  The government considers these withholding taxes as “trust” taxes, relying on the integrity of business owners to
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Not everyone receives a refund check from the IRS every year. If you’re one of the many taxpayers who will be receiving a bill from the IRS, don’t panic.
There are many different options for you to pay your tax bill without going broke. Check out these 9 tax help tips from the IRS (www.IRS.gov) for taxpayers who owe money to Uncle Sam:

If you get a bill this summer for late
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Thousands of Americans owe back taxes and interest to the IRS every year. If you are one of the many taxpayers feeling the burden of tax debt, it’s important to take the necessary steps to resolve your IRS problems now – and not later. The worst thing you can do is ignore letters from the IRS in hope that your troubles will go away. They will not, unless you take the
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Owing back taxes and interest to the IRS is a surprisingly common problem: thousands of Americans feel the burden of it every year. Therefore it is important to take the steps to resolve your IRS problems now. The worst thing you can do is ignore letters from the IRS, hoping your troubles will go away. They will not do so on their own – you must take the appropriate steps! If
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If you are one of the thousands of Americans who owe back taxes and interest to the IRS, it’s important to take the steps to resolve your IRS problems. The worst thing you can do is ignore letters from the IRS in hopes your troubles will go away. They will not, unless you take the appropriate steps!
If you have back taxes to settle, it’s important to know your best
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The Internal Revenue Service is the most brutal collection agency on earth. Once they have you in their sights, you can count on them hounding you with IRS tax liens, IRS wage garnishments and IRS bank levies until they are satisfied that your IRS back taxes are paid. If you’ve been threatened by intrusive IRS collection tactics, it’s important that you take prompt action to delay or halt them. Check
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At Tax Resolution Services, Co., we encourage taxpayers facing IRS action to take prompt action and get expert tax relief to delay or halt intrusive IRS collection tactics, including levies on wages, assets, savings and checking accounts.
In this struggling economy, the IRS has made no secret that it intends to aggressively pursue payment of back taxes. Taxpayers who have recently received a tax collection notice; been threatened by the IRS
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