Archive for the ‘Taxpayer Rights’ 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 Expert Comments on IRS Restructuring and Reform Act

Monday, August 12th, 2013

It has been 15 years since the enactment of the IRS Restructuring and Reform Act of 1998. What most people don’t realize is that this was a once-in-a-generation transformation of the only federal agency most Americans will ever encounter. The purpose of the IRS Restructuring and Reform Act of 1998 was to help with the preservation of taxpayer’s rights and it has gone a long way to accomplish that.
Now, with the IRS
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What to Do if You Missed June 30 Business Tax Deadlines

Wednesday, July 3rd, 2013

April 15 is not the only tax filing deadline taxpayers need to be aware of. Tax expert Eva Rosenberg, aka TaxMama® reminds us in a post titled: Looming Deadlines that business owners changing employee classification and those with offshore bank accounts had until June 30th to file reports with the IRS in order to avoid hefty IRS penalties and fines.
Here is the important tax information TaxMama mentions:
Offshore bank accounts and
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IRS Released Report Outlining Changes for Non-Profits

Wednesday, June 26th, 2013

IRS Principal Deputy Commissioner, Danny Werfel is attempting to make good on his pledge to restore the IRS’ reputation and image. On Tuesday, an IRS press release announced the release of an 83 page report titled: “Charting a Path Forward at the IRS: Initial Assessment and Plan of Action” outlining new actions and steps to fix problems with the IRS’ review of tax-exempt applications and to improve the processes and
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National Tax Expert Disputes Talk of IRS Audit Decreases

Friday, May 31st, 2013

I wrote this latest press release after reading a CNN Money article titled “Spending cut bright spot: Fewer IRS audits.” I needed to dispute the article’s assertion that there would be fewer questioned tax returns as a result of the sequestering budget by Congress. The CNN article states that over $600 million in cuts to the IRS could result in IRS employee layoffs including examiners who audit tax returns. I agree
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Tax Relief Tips for Military Personnel

Tuesday, May 28th, 2013

Memorial Day gives us a chance to honor military personnel for their service and sacrifice. It also allows tax professionals the opportunity to remind service members of the tax benefits they are entitled to. A recent article from Don’t Mess with Taxes titled,”Memorial Day 2013: Remembering those who gave all, offering some tax help for those still giving“ provides tax tips using the IRS Publication 3, Armed Forces Tax Guide. Here are
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New Tax Resolution Services Commercial Advises Tax Relief

Monday, April 29th, 2013

For fifteen years, I have helped resolve IRS tax issues for good people who made past tax mistakes and got into trouble with the IRS. These folks got the the tax relief they needed because they hired expert tax representation capable of handling cases such as theirs. A new Tax Resolution Services commercial for The Blaze TV reminds taxpayers who owe back taxes how important hiring certified tax representation to handle
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Taxes Turn 100-A Brief Look at the 16th Amendment

Friday, February 8th, 2013

On February 3, 2013, the 16th Amendment to the Constitution authorizing the federal income tax turned 100. The 16th Amendment has certainly had its share of controversy, especially in its early years. A Forbes article titled, “Guess Who Turned 100 This Weekend?“ highlights the history and tumultuous beginning of our tax system. Here are some of the interesting facts Forbes presents:
The Federal Income Tax is Born
On February 3, 1913, Delaware became
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IRS Agent Coerces Sex with Threat of Tax Audit Penalty

Tuesday, February 5th, 2013

Straight out of a soap opera script, the IRS appears to be facing its own public relations nightmare in the form of a sex scandal. A Huffington Post article titled “Vincent Burroughs Accuses IRS Agent Dora Abrahamson of Coercing Sex by Using Threat of Tax Penalty“ reveals the details of a salacious and inappropriate meeting between IRS agent and taxpayer under audit.
It appears agent Dora Abrahamson initially contacted Vincent Burroughs,
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Beware of More IRS Tax Scam Emails

Thursday, October 25th, 2012

Tax scams and identity theft have wreaked havoc on both ordinary citizens and the IRS. As a result, taxpayers are advised to stay alert to prevent tax problems brought on by such scams by not giving out personal information online.  Earlier this month, I wrote a blog post about a Better Business Bureau tax scam warning aimed at electronic filers. While thieves are becoming more adept at making correspondence look
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Tax Relief Weekly News Round Up

Friday, September 28th, 2012

Happy Friday! Here’s a recap of the tax relief news that made headlines this week.
Celebrity Tax Issues, IRS Audits and Enforcement
It seems like there is always a celebrity in the news currently facing down the IRS or other tax authorities.  This is not by accident. Since the Great Recession tax revenues have been down so to increase collections, the IRS has been going after celebrities and wealthy Americans to help
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The Importance of IRS Audit Procedures

Tuesday, September 25th, 2012

If you have ever received a letter from the IRS, you know the initial reaction all too well; panic and confusion of what to do next. But even after receiving an IRS audit letter doesn’t mean you should to roll over or be pushed around especially if you don’t agree with it. Robert W. Wood’s recent article in Forbes provocatively titled “Everything You Ever Wanted to Know About Fighting the
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The National Association of Tax Resolution Companies

Monday, May 21st, 2012

The National Association of Tax Resolution Companies (NATRC) Inagural Conference held in Washington D.C., May 20-21 ended today, but not without some exciting highlights. There was a great turn out; about 45 members including attorneys, EA’s and CPAs representing over 30 tax resolution companies from all over the country.
The goal with the NATRC is to see fair and reasonable regulation of the tax resolution industry and to restore a
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See Ya Later, Aggregator!

Friday, April 27th, 2012

At the first official meeting of the National Association of Tax Debt Resolution Companies (NATDRC) in Washington D.C., May 20-21, we will be discussing the regulation of companies utilizing deceptive advertising claims and misleading trade practices that solicit unsuspecting consumers (by advertising on the internet, radio, and TV) believing that they are hiring a legitimate tax professional—i.e., an attorney, CPA, or Enrolled Agent—to represent them before the IRS/State. Nothing can
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Tax Man Explains IRS on Big Biz Show

Wednesday, April 11th, 2012

Countdown to Tax Day: 6 Days
On a recent episode of the Big Biz Show, we discussed the creation of the Tax Man TV show on Biz Television that morphed out of yours truly giving tax advice as a guest on the Big Biz Show for five years.
The Tax Man Show combines my 30 plus years in the tax business including running Tax Resolution Services, Co. for 15, to gives taxpayers
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