Our team at TRS recently helped Charles M., a man from Shreveport, LA, who owed the IRS over $5 million in back taxes, interest, and penalties settle his IRS debt for just under $14,000 by qualifying for an Offer in Compromise tax settlement.
Taxpayers should know that the IRS Offer in Compromise process is a complex and time-consuming procedure. While the IRS typically rejects a high percentage of Offers, you
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Many small business owners are feeling the heat with the struggling economy this tax season; on top of worrying about how to pay the bills just to keep the lights on, they have to figure out how to make payroll taxes in order to avoid harsh IRS penalties.
While it may be tempting to skip payroll tax payments in order to keep business doors open, not paying the IRS what you
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A man from Tennessee who owed the IRS $136,000 in back taxes, is now debt free thanks to our team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists.
In 1998, Lloyd S. faced an overwhelming tax debt of $136,000. After years of trying to handle his tax problems on his own with no success, he heard about our tax resolution services on Bill Handel’s radio show and he made
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In fiscal-year 2009, the IRS collected $48.9 billion through collection, examination and document-matching efforts. Nearly 1.4 million Americans were audited, which equates to just over 1% of all tax returns filed.
What’s astounding to note is that the audit rate today is 100% higher than in 2000. But just because a taxing authority has decided to audit you, does not mean you have to roll over and die or be pushed
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While President Obama is optimistic about the passage of the Health Care Bill which is set to provide some 30 million Americans currently without health insurance affordable coverage without raising the federal deficit, the IRS is under scrutiny for its tax collection efforts from 60 health care providers who owe large sums of unpaid back taxes.
The latest news involves the Senate Finance Committee holding the IRS accountable for deficient tax
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One of the worst mistakes a taxpayer can make is to underestimate the power and reach of the IRS.
Recently, we have seen how serious the IRS is about collecting back taxes and penalizing those who have deliberately evaded their tax payments. The truth is, no one is safe from the IRS’s grasp-not even A-list celebrities like the ranks of Wesley Snipes, Pete Rose, Sophia Loren, and many more. These celebrities
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The IRS is not only busy cracking down on tax evaders both domestic and abroad, it is also tightening its grip on sanctioning who can practice before it. Recently, the IRS issued disciplinary sanctions to a list of tax attorneys, CPAs, enrolled agents, enrolled actuaries and enrolled retirement plan agents who violated IRS regulations for professional practice.
Here are some Questions to Ask Before Hiring a Tax Attorney, CPA or Tax
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It is understandable that many taxpayers facing IRS problems are overwhelmed by the penalties and debt. If you have delinquent payroll taxes or personal back taxes, you need to know that you have tax resolution options that will save you from feeling helpless.
Our team at Tax Resolution Services have created the TRS Files to educate our readers and taxpayers out there that permanent tax relief and tax resolution is possible.
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Matt C. was a freelance worker who never saved enough money to pay taxes at the end of the year.  When the letter from the IRS came, stating that they were going to seize everything he owned – his heart sunk!  Watch how he solved his IRS problems on the video below from TRS Files.
Matt was either going to flee somewhere and hide for the rest of his life or
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This is a story I wanted to share with you because the guy featured in this video, Gib, discovered that he was going to owe the IRS more than 35,000 dollars in back taxes, interest, and penalties.  To hear how Gib was finally able to sleep at night because of a provision in the tax code called Innocent Spouse, watch the video from TRS Files now!
Gib was truly innocent of
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Tax problems are tough to deal with–especially when the economy is not looking good. While it may be difficult to talk about your tax problems, it’s important for you to know that there are many taxpayers just like you who have resolved their overwhelming IRS debt by seeking professional tax help.
There are many reasons why taxpayers procrastinate on resolving their tax problems. Oftentimes, it can be easy to get paralyzed
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You may have seen our new campaign featuring The TRS Files, real-life tax resolution stories designed to help Americans with IRS tax problems know that they’re not alone. We created the campaign to educate taxpayers on their options for immediate and permanent tax relief – so they don’t have to bear the burden of dealing with the IRS on their own!
People have been asking me about the TRS Files spokesman.
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When you get a letter from the IRS demanding money from you, it’s like getting a letter from the mortuary. That’s how Gary felt – he knew that he was about to enter the place that he never wanted to enter. (See his whole story below as captured on The TRS Files.)
Gary knew he had to do something when he got one of those scary IRS letters saying “You owe
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I know this guy that got in a world of trouble with Payroll Tax Problems and I thought you might appreciate his story because I know how scary and overwhelming the IRS can be.  To hear Stuart’s personal account about how he accidentally landed in trouble with the IRS and how he got out of it, watch the video from TRS Files below.
Stuart works for the Insurance industry in Southern
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During down economic times where money is scarce, having IRS tax debt is the last thing anyone needs on their plate. Yet, many Americans are staying up at night plagued by anxiety over their tax problems without knowing what to do.
We have recently launched TRS Files, which features real-life individuals just like you who found themselves being targeted by the IRS and their life-changing decisions to put their tax troubles
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