Archive for the ‘tax relief testimonials’ Category

Responding to Forbes Article Calling for Tax Resolution Regulation

Monday, August 12th, 2013

It’s no secret that the tax resolution industry has come under fire for egregious actions taken by some tax resolution firms. Their bad business practices have damaged the reputation of the entire tax problem representation industry and set the Federal Trade Commission (FTC), now the Consumer Financial Protection Bureau (CFPB) out to regulate it.  I recently read a Forbes article by Stephen J. Dunn titled: When Will Congress Act Against
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Tax Resolution Success Story-Client Saves $27k

Friday, June 21st, 2013

Facing the IRS alone is like going up against an army. A new video clip on Glenn Beck’s, The Blaze TV tells the story of a viewer who learned first-hand just how tough the IRS can be. Not only did the viewer have several years of unfiled returns, he knew he needed to pay back the $33,000 in back taxes he owed. (*Below the video clip is information on how to
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Offer in Compromise Saves Tax Client Over $100,000

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
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Tax Resolution Services, Co. Saves Client $35,000

Monday, February 18th, 2013

Sometimes clients describe their tax situation as “Tax Armageddon.” That’s how our client Mike felt when he first came to Tax Resolution Services, Co. facing huge tax debt issues. While it may “feel” like Armageddon, it really isn’t because there is a solution to every problem even Mike’s. Here’s his story:
“I went through a divorce several years ago and found myself strapped for cash because all of a sudden there
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TaxMan Episode-Client Success Story in Tax Audit Case

Thursday, February 14th, 2013

Client Mike’s case is a good example of when bad things happen to good people. Before he contacted Tax Resolution Services, Co., (TRS), Mike’s financial troubles included a massive tax bill assessed at over $100 thousand dollars. In a recent episode of the national network television show, TaxMan, I interviewed Mike several years after he first came to TRS for help with his IRS issues. Mike is a nice, honest
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Tax Resolution News Round Up

Friday, February 1st, 2013

This week was a busy one for tax relief news topics. Here are highlights of the ones we covered on the Tax Resolution University Blog:
Tax Fraud/Tax Schemes and Identity Theft
The tax season officially began on January 30. Therefore, it’s no coincidence there is already an increase in stories about tax schemes including tax fraud and identity theft. Here’s one we covered this week:

Reno, Nevada resident, Edward David Simon, 52 was
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Back Tax Help-How Long to Keep IRS Records

Wednesday, April 25th, 2012

Like clockwork, about a week or two after the April 17 tax deadline, I begin fielding taxpayer questions regarding what tax documents to keep and for how long.  A recent article in Forbes by Tax Girl Kelly Phillips Erb entitled How Long Should You Keep Records after Tax Day? provided good guidelines on the subject.
Here are seven basic recommendations for keeping tax documents both individuals and small businesses can follow:
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Doctor Sentenced for Failing to File FBAR Reports

Wednesday, February 1st, 2012

Michael Reiss, New Jersey doctor, professor and medical researcher, was sentenced on January 11, 2012 for failing to report his offshore (UBS) bank accounts. According to the IRS, Reiss was sentenced to eight months in a community confinement center for failing to file Reports of Foreign Bank and Financial Accounts (FBAR) with the IRS. Reiss pleaded guilty in August 2011 and agreed to pay back taxes of at least $400,000
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IRS Problems for Independent Contractor Behind on Quarterly Estimated Taxes

Friday, October 28th, 2011

As an independent contractor, Sharon fell behind on her quarterly estimated taxes, resulting in penalties and back taxes totaling $93,000. When Sharon knew she would never be able to catch up she turned to Tax Resolution Services to help negotiate down her penalties, saving her around $70,000 dollars. You can listen to Sharon’s story below to hear how Tax Resolution Services helped her:
Tax Resolution Service Client Testimonial: Sharon

If you are
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Self Employed with Huge IRS Problems

Thursday, October 27th, 2011

As a self employed individual trying to make it, Sharon ran into huge IRS problems when she fell behind on her quarterly estimated tax payments. The penalties were horrific and in the end Sharon ended up owing around $93,000 dollars in back taxes and fines. That’s when Sharon decided to call Brian at Tax Resolution Services.  TRS stepped in to take over Sharon’s dealing with the IRS and we were
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