Senator Orrin Hatch (R-Utah) is frustrated with tax delinquency and last week introduced legislation aimed at those with back taxes. His message: pay up or face the consequences.
According to the Forbes’ article: Owe IRS Taxes, Lose Your Passport, Senator Hatch’s proposed laws are intended to force tax avoiding Americans to deal with their tax debt or suffer the following:

If you owe more than $50k to the IRS in back taxes
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Tax day is approaching and Americans like never before, are burdened with tough economic realities that include IRS tax debt they simply can’t pay. Some believe if they do nothing, these tax issues will go away.  Wrong!  Tax debt only grows larger and more stressful over time if not properly dealt with. By not filing a tax return or responding to IRS communication, you could be putting your assets in
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In a recent post from the ongoing story of the IRS versus Swiss banks, Wegelin & Company and three of its executives were indicted for helping wealthy Americans hide $1.2 Billion in assets from the IRS. Since I wrote that last post, the story has morphed into Wegelin & Co. now facing U.S. criminal charges for their failure to appear in a Manhattan Court to address those charges. As Bloomberg
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The U.S. Treasury Department announced this week a proposal for new regulations intended to make it easier for overseas banks to comply with Foreign Account Tax Compliance Act, or FATCA requirements.
An article in Reuters U.S. enlists 5 EU nations in offshore tax crackdown explains these proposals as the U.S. Government not only addressing concerns of foreign financial institutions regarding the Foreign Account Tax Compliance Act, or FATCA, but also the
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Question:
I have several years of unfiled tax returns and owe around $25 thousand dollars in back taxes to the IRS for my small business. I know I need to take care of this huge burden but I’m overwhelmed, what help is out there get me out of this mess?
Answer:
First, addressing your IRS tax issues right now is the first step towards finding the tax relief you need. There is a
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It is always a pleasure to be able to speak to others about the work I do as a tax resolution expert.
I recently had the unique opportunity to be interviewed by Opportunist Magazine’s Managing Editor, Leslie Stone for her article Talking With the Tax Expert-Michael Rozbruch.  She asked about the business of tax resolution, a subject of which I am WELL informed. The questions ranged from how my early business
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The Internal Revenue Service recently proposed new guidelines aimed at providing tax relief for more innocent spouses who request equitable relief from their income tax liability. A Forbes article entitled IRS Lowers The Bar For Innocent Spouse Relief, details how the new proposals address the criteria used in making innocent spouse relief determinations in equitable relief cases and adjust the factors used in granting equitable relief.
Since 2003, the Internal Revenue
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The latest chapter of the IRS versus the Swiss Banks, reveals U.S. Prosecutors taking on the oldest Swiss bank of them all: Wegelin & Co.,
An article in the Wall Street Journal entitled Swiss Bank Wegelin Indicted on U.S. Tax Charges, outlines the criminal charges filed by U.S. Prosecutors on February 2, 2012 against Wegelin & Co., Switzerland’s oldest bank (founded in 1741) alleging that Wegelin knowingly aided wealthy Americans in
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Parents of children and those with dependents should keep in mind the tax relief benefits and deductions available to them this tax season. The IRS has issued a brief reminder to all parents to keep these tax relief tips in mind as they file their 2011 taxes:

Dependents: You can start claiming a child as a dependent the year they are born, so if you gave birth to little bundle in
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Happy New Year! This year, why not keep on top of your taxes? If you owe IRS back taxes, read on! The IRS has a new tool in tax collection, aimed at better recovering taxes owed from taxpayers. The IRS is now using analytics to:
–collect back taxes
–detect tax fraud schemes
–reduce the number of fraudulent refunds the agency pays out
The IRS has contracted SAS Institute for $6.25 million to use their data
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I thought we’d take a literary detour from tax resolution for a moment to point out two novels written this year (just in time for the holidays) that feature a character we are all familiar with: the IRS. The novels: “Ghost Lights” by Lydia Millet and “The Pale King” by the late David Foster Wallace, feature main characters who work in or around the IRS in rote, overly analytical duties
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If you are considering seeking expert tax help for your back taxes or IRS problems, you might be feeling overwhelmed by the sheer amount of tax attorny and tax relief agencies available. Don’t rush into selecting the first tax resolution service that claims to rid you of your IRS debt for life. That is probably a scam and could cost you a lot more in addition to what you already
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Tax Resolution Services, Co. was recently named one of the fastest growing private companies in Los Angeles by the Los Angeles Business Journal.
My business partner, Brian Compton and I accepted our award this week at the Petersen Automobile Museum.
We ranked #37 as one of the 100 Fastest Growing Private Companies in all of Los Angeles!
We’d like to extend a huge thank you to the Los Angeles Business Journal as well
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In 2012 changes in inflation will be reflected in available deductions, meaning additional tax relief for taxpayers. Tom Herman of the Wall Street Journal wrote a brief article titled A Little Dose of Relief in 2012 outlining some of the tax expenditure changes we can expect in the next year. Below are three deductions the IRS recently made announcements about for  2012:

Standard Deduction: The basic standard deduction for single individuals
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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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