Everyone is anxious for news of tax refunds and economic stimulus payments, right? Scam artists obviously think so.  “Just click the link in this e-mail”, the IRS official apparently requests. Scam artists are luring U.S. taxpayers with claims of information about upcoming refunds and payments to collect information they can use for identity theft.
In 2008, so far, taxpayers reported to the IRS more than 1,600 such e-mails, known as “phishing”
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I have been running Tax Resolution Services, Co. for more than a decade now and the most rewarding part of my job is knowing that I have saved so many people from financial crisis and helped them turn their lives around.
Another thing I love about my job is traveling across the nation to appear at conferences and to be spotlighted as a tax expert on various TV and radio
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While on the air with KLOS 95.5FM, Michael Rozbruch got to spend some time talking with listeners and answering their tax questions. We wanted to share some of these questions in case anyone out there is in a similar situation.
Q: I have a question in regards to my father. He has not filed his income taxes for at least 20 years plus. And it has gotten to the point where
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Here is another excerpt from Michael Rozbruch’s recent appearance on KLOS 95.5FM.
Q: What are some of the deductions that tax payers commonly miss?
A: A lot of tax payers miss deductions for un-reimbursed business expenses. For instance, if they’re on a W-2 and part of their job is to wine and dine or travel and they’re not reimbursed by their employer, they can deduct those expenses. Also, tax preparation fees
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Michael Rozbruch of Tax Resolution Services recently appeared on KLOS 95.5FM to share some valuable tax tips and other important information that everyone should know when dealing with the IRS. Here’s Michael’s recap:
Among other things, I was asked how I could love my job so much when taxes are so boring. And I said it’s because this is the most rewarding thing I’ve ever done in my life. When I
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I was interviewed the other night by KNBC News, Los Angeles, where I mentioned a huge tax tip for the upcoming filing season:
Even, if you haven’t filed in years, or have just completed a draft of your 2007 income tax return and it shows that you owe, but don’t have the money, you should still file it by 4/15/08 and send in a check with for $10.00.  This accomplishes 2
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The IRS Offer in Compromise program provides taxpayers that owe the IRS more than they could ever afford to pay, the opportunity to pay a small amount as a full and final settlement.

This program also allows taxpayers that do not agree that they owe the tax or feel that the tax has been incorrectly calculated, a chance to file an Offer in Compromise and have their tax liabilities
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INSTALLMENT AGREEMENTS AND IRS PAYMENT PLANS
The IRS will always accept some type of payment arrangement for past due taxes. In order to qualify for a payment plan with the IRS you must meet the following rules and provide the IRS with this information:
You must have filed all tax returns (It’s OK to owe money but you must file).
You will need to disclose all assets owned including all
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HOW TO DETERMINE WHEN A TAXPAYER NEEDS PROFESSIONAL HELP
Can the taxpayer handle their own case?
A Taxpayer may always represent themselves before the IRS. However, many taxpayers find dealing with the IRS frustrating, time-consuming, intimidating or all of the above.
The disadvantages of a taxpayer representing themselves are many:

The taxpayer does not have the professional’s expertise or know what the options are or how
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WHICH IRS TAX SOLUTION OPTION IS BEST? ALTERNATIVES TO AN OFFER IN COMPROMISE

This is a key question which must be addressed. Left to only the IRS or the taxpayer, this question is usually not fully or adequately explored.
There are 10 options commonly employed to resolve a tax collection matter (see full explanations below):

Full pay the tax owed
File unfiled returns to replace Substitute for Returns
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Q: You have received a notice (CP-504) from the IRS?
Q: You owe the IRS. What if you cannot pay it all right now?
Q: What Is “Currently Not Collectible” ?
Q: What is Installment Agreements (Ias)?
Q: What is the Taxpayer Advocate Service?
Q: Who can file an Offer In Compromise?
Q: What are the requirements for an OIC?
Q: What is the most common reason for the large
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