Archive for the ‘Tax news and tips’ Category
Monday, May 13th, 2013
Just last week, the IRS Criminal Investigation (CI) released its Annual Report for 2012 showing strong increases in enforcement actions and IRS penalties imposed on convicted tax criminals for the year ending Sept. 30, 2012. According to the IRS bulletin announcing the report’s release, the criminal investigation division investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the
Tags: audit, certified tax resolutution specialist, Identity Theft, IRS Criminal Incestigation (CI), IRS penalties, IRS tax issues, IRS tax settlement, offshore bank accounts, tax attorney, tax audit expert, tax debt, tax fraud
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS Installment Agreements, IRS payment plan, IRS tax audit, Offshore Tax Settlements, Tax Evasion Advice, Tax news and tips, Voluntary Disclosure, tax help, tax resolution | 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
Recently, I have been asked for my thoughts on the IRS’ proposal to pre-filled tax returns. Under a proposed system, the IRS would pre-fill taxpayers’ returns with the data employers and financial institutions have already reported. I came across a Forbes article titled: “Are IRS Prepared Tax Returns the Solution to our Tax Woes?“ that presented a decent overview of what such a system would mean for taxpayers, tax preparers and
Tags: Audits, IRS penalties, IRS prepared tax returns, irs problems, IRS tax problems, SFR, substitute for return, tax issues, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Filing Unfiled Returns and Replacing Substitute for Ret, IRS tax audit, Tax news and tips, Taxpayer Advocate, tax help | No Comments »
Monday, May 6th, 2013
Every year after the tax day, clients inquire as to what tax documents they need to keep and for how long. Last tax season I wrote a blog post on the subject, inspired by a Forbes article by Tax Girl, Kelly Phillips Erb titled: “How Long Should You Keep Records after Tax Day?” I thought the information would be helpful for those who may be wondering what documents to hold
Tags: certified tax resolution specialist, IRS audit, IRS business audit, IRS penalties, IRS records, IRS tax issues, IRS tax problems, tax attorney, tax relief, Tax Resolution University blog, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, IRS tax audit, Penalty Abatement, Seeking Professional Tax Help, Tax Evasion Advice, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help | 1 Comment »
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 »
Friday, April 12th, 2013
Happy Friday! Countdown to tax day: 4 days
Last minute tax filers take note: the most common reasons for refund delays are because of preventable mistakes on the tax return. I thought information from this previous post and interview archive from the Midday Sunday Fox 11 with host Tony Valdez program could provide some help for those still scrambling to finish their tax returns. The trick to avoiding errors on your
Tags: Identity Theft, IRS audit, IRS tax issues, IRS tax problems, tax expert, tax problems, tax relief, tax resolution expert, Tax Resolution University, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS tax audit, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Friday, April 5th, 2013
Just ten days until April 15! On the run up to tax day, we do our best to provide tax relief tips for last minute taxpayers. The tax news topics covered this week include: the annual IRS Data Book release, the official release of the 2013 IRS Dirty Dozen List, a little tax relief humor at Uncle Sam’s expense, tips on filing and tax payments.
Tax Help Tips on Filing and
Tags: IRS enforcement, IRS payment plan, IRS tax problem, Michael Rozbruch, tax advice, tax debt, tax help, tax problems, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Tuesday, April 2nd, 2013
With just 13 days until Tax Day, I thought many of you might need some tax relief humor. The article from @TodayMoney titled: “Happy birthday, modern tax system: 100 toasts and roasts“ could be just what the accountant ordered if you are agonizing over preparing your taxes. Here are some historical points of interest from the article about how our current tax system came into existence:
The current tax system was formalized
Tags: IRS debt, IRS penalties, irs problems, tax help, tax relief, Tax Resolution Services on Facebook, Tax Resolution Services Twitter, tax system
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution services | No Comments »
Tuesday, April 2nd, 2013
The IRS has released its annual list of the top 12 tax scams. Make sure the tax advice you’re following isn’t on this list.
———————————-
If it’s too good to be true, it probably is.
That well-worn maxim applies to many things in life.
Including, of course, tax advice.
Someone saying you don’t need to pay taxes? Others claiming they can help you hide money off shore?
It’s all too good to be true.
In fact, some
Tags: fraudently reduce tax liability, fraudulent tax returns, IRS "dirty dozen" tax scams, Michael Rozbruch, misuse of trust, National Association of Tax Resolution Companies, offshore accounts, tax advice, tax cheats, tax resolution services, Tax Scams
Posted in Expert Help From Tax Attorney, IRS Times and Inquirer, IRS help, Tax news and tips, tax help | No Comments »
Monday, April 1st, 2013
Thanks to Frank Byrt at The Street, we learned that the IRS announced the release of their “2012 Internal Revenue Service Data Book [1],” This annual report provides an overview of agency activities, including information and statistical tables dating from October 1, 2011, to September 30, 2012. The report provides helpful data and information on the following: returns filed, taxes collected, enforcement actions, taxpayer assistance, IRS budget and workforce, and
Tags: audit, certified tax resolution specialist, Identity Theft, IRS penalties, IRS tax problem, offshore bank accounts, offshore tax settlement, Penalty Abatement, refund fraud, tax attorney, tax issue, voluntary disclosure program
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, IRS tax audit, Identity Theft, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Evasion Advice, Tax news and tips, Voluntary Disclosure, tax resolution | No Comments »
Friday, March 29th, 2013
Reminder: 18 days left until Tax Day!
Here’s a review of the tax relief news covered this week. Featured topics include: IRS releases 2013 Dirty Dozen Tax Scam/Scheme List, businessmen guilty of tax evasion and filing false returns, IRS apologies for expensive Star Trek training video and hiring a tax professional versus tax preparation software.
IRS Releases 2013 Dirty Dozen Tax Scam-Scheme List – as well as a video to remind taxpayers
Tags: failing to file federal tax return, filing false federal tax return, Identity Theft, IRS dirty dozen list, IRS training video, star trek irs training video, tax attorney, tax evasion, tax help, tax problems, tax professional, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Identity Theft, Tax Evasion Advice, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Thursday, March 28th, 2013
The IRS just released its Dirty Dozen Tax Scam List for 2013 and introduced a video to remind taxpayers they need to protect themselves from the worst tax scams and schemes out there. While the “usual suspect” scams and schemes have not changed that much from last year, the notification explains how the IRS has stepped up their efforts to handle them, specifically identity theft related tax issues. Below the
Tags: Identity Theft, IRS Dirty Dozen list 2013, IRS enforcement, IRS penalties, IRS tax issue, refund fraud, tax help, tax identity fraud, tax problem, tax scam, tax scheme
Posted in 365 Ways to Keep the IRS at Bay, Identity Theft, Tax Help Video, Tax Problem FAQs, Tax Relief News, Tax Scams, Tax news and tips, tax help | No Comments »
Tuesday, March 26th, 2013
Sometimes the government does things that make you want to shake your head. This post is about one of those instances. The Today Show reported in a segment titled “Live Long and Squander?” that the IRS is under fire for two training videos in particular a “Star Trek” parody the Agency thought would be good for employee training. NBC’s Kelly O’Donnell reports that a congressional committee was angry about the
Tags: IRS problem solvers, irs problems, tax relief, Tax Relief Consultation, tax resolution services
Posted in Tax Problem FAQs, Tax news and tips, Taxpayer Advocate, tax help, tax resolution services | No Comments »
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 »