Archive for the ‘Unfiled Returns - Delinquent Tax Returns’ Category
Tuesday, May 7th, 2013
Apparently, Lauryn Hill’s “Miseducation” may relate to how badly she handled her IRS tax problems. According to Accounting Today’s article titled: Fugees Singer Lauryn Hill Sentenced to Prison for Tax Evasion, Hill was sentenced Monday to three months in prison plus three months home confinement for failing to file tax returns for five years and not reporting more than $2.3 million in income. The article explains the terms of her
Tags: certified tax resolution specialist, IRS problem solvers, irs problems, IRS tax problems, tax attorney, tax audit expert, tax debt, tax evasion, tax resolution
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Seeking Professional Tax Help, Tax Evasion Advice, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Monday, May 6th, 2013
Every year after the tax day, clients inquire as to what tax documents they need to keep and for how long. Last tax season I wrote a blog post on the subject, inspired by a Forbes article by Tax Girl, Kelly Phillips Erb titled: “How Long Should You Keep Records after Tax Day?” I thought the information would be helpful for those who may be wondering what documents to hold
Tags: certified tax resolution specialist, IRS audit, IRS business audit, IRS penalties, IRS records, IRS tax issues, IRS tax problems, tax attorney, tax relief, Tax Resolution University blog, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, IRS tax audit, Penalty Abatement, Seeking Professional Tax Help, Tax Evasion Advice, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help | 1 Comment »
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
Tags: Back Taxes, certified tax resolution expert, IRS debt, IRS problem solver, IRS tax issues, Michael Rozbruch, tax expert, tax issues, tax resolution services, The Blaze TV
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS help, Tax Debt Help News, Tax Relief News, Taxpayer Advocate, Taxpayer Rights, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax resolution, tax resolution services | No Comments »
Tuesday, April 16th, 2013
It’s the day after tax day and for those taxpayers who don’t intend on filing a tax return, you may want to reconsider. Not filing means you will be facing significant IRS tax issues. Failure to file is considered a misdemeanor that can be punishable up to $10,000 per year and one year in jail. In fact, IRS penalties are more severe for non-filing than for non-payment. If it sounds
Tags: certified tax resolution specialist, Installment Agreement, IRS penalties, IRS tax debt, IRS tax problems, Offer in Compromise, penalty reduction, tax attorney, tax help
Posted in 365 Ways to Keep the IRS at Bay, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Debt Help News, Tax Problem FAQs, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Thursday, April 4th, 2013
During my interview last tax season on the Midday Sunday Fox 11 with host Tony Valdez program, Mr. Valdez posed a scenario that many today may be facing: they have finished preparing their taxes, but don’t have the money to pay them. What should they do? This is a common question and the good news is that taxpayers with tax debt have options! Below the video, I offer some solutions.
If
Tags: certified tax resolution specialist, Installment Agreement, IRS audit, IRS tax debt, IRS tax settlement, Midday Sunday Fox 11 News with Tony Valdez, Offer in Compormise, tax attorney, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Expert Help From Tax Attorney, IRS Installment Agreements, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax Problem FAQs, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief | 1 Comment »
Monday, March 18th, 2013
The IRS issued a press release late last week indicating an estimated 984,400 taxpayers who did not file a tax return in 2009, are entitled to a slice of $917 million in tax refunds! The IRS estimates that half the potential refunds for 2009 are more than $500.
There is a catch though. To collect the 2009 refund, a return must be filed, properly addressed, mailed and postmarked to the IRS
Tags: delinquent tax returns, Earned Income Tax Credit (EITC), IRS back taxes, IRS penalties, IRS tax issues, offshore bank accounts, tax attorney, tax debt, tax problems, Tax Resolution University blog
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Filing Unfiled Returns and Replacing Substitute for Ret, IRS payment plan, Tax Debt Help News, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Thursday, February 28th, 2013
An article by Forbes titled “11 Changes You Must Know Before Filing Your Tax Return for 2012” reminds us that the recent changes to the tax code could affect many of us and our wallets this tax season. Here are eleven important changes that the article highlights:
Payroll Tax Credit for Self-Employed Taxpayers
W-2 Forms Changed This Year Due to the Affordable Care Act (ACA)
2010 Roth Conversions May Be Subject to Tax
Tax
Tags: certified tax resolution specialist, changes to tax code, delinquent tax returns, IRS audit, irs problems, IRS tax issues, tax attorney, tax problems, tax professional, tax relief, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS tax audit, Seeking Professional Tax Help, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution | No Comments »
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
Tags: audit, Back Taxes, IRS tax issues, IRS tax problems, satisfied Tax Resolution client, tax client saves money, tax debt, tax help, tax resolution, tax resolution services, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS payment plan, IRS tax audit, Penalty Abatement, Seeking Professional Tax Help, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax relief testimonials, tax resolution, tax resolution services | No Comments »
Monday, February 11th, 2013
As previously mentioned, I will continue posting client success stories and testimonials to inspire taxpayers with IRS tax problems to take the first steps to get the income tax relief they need. Waiting only makes matters worse.
Good people can have bad circumstances happened to them, often through no fault of their own. When those troubles involve tax debt, their biggest obstacle becomes financial: they have no money to pay their enormous
Tags: audit, Back Taxes, delinquent tax returns, income tax relief, irs problems, Offer in Compromise, satisfied Tax Resolution client, tax client saves money, tax resolution, tax resolution services
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax resolution | No Comments »
Thursday, January 31st, 2013
Even though the latest voluntary disclosure program has officially past, it is still better to come clean with unreported offshore bank accounts than to wait for the IRS to contact you. The IRS is placing more severe penalties on non-compliant offshore account holders than ever before. A recent Forbes article titled “Florida Widow Guilty + $21M Penalty for Inherited Swiss + Liechtenstein Accounts,” explains just how tough it has become.
The article’s
Tags: certified tax resolution specialist, FATCA, FBAR regulations, Forbes Magazine, Forbes.com, IRS back taxes, IRS penalties, offshore bank accounts, offshore tax settlement, tax attorney, tax fraud, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Offshore Tax Settlements, Penalty Abatement, Tax Evasion Advice, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Voluntary Disclosure, income tax relief | No Comments »
Tuesday, January 29th, 2013
I wrote a post on the Tax Matters blog about tax protesters and how their frivolous tax defense against the IRS is a losing battle. Evidence of that is celebrity tax protester, Wesley Snipes who is currently serving a three year prison sentence for willfully refusing to file and pay millions in taxes for years 1999 through 2001. A recent Forbes article titled: “Are Tax Protesters Actually Winning?” examined just
Tags: certified tax resolution specialist, IRS back taxes, IRS penalties, irs problems, IRS tax debt, IRS tax settlement, tax attorney, tax audit, tax court, tax protesters, wesley snipes, wesley snipes and taxes, Wesley snipes tax evasion
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, IRS tax audit, Tax Evasion Advice, Tax Relief News, Tax Scams, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Friday, December 21st, 2012
It’s one thing to say you’re a “tax resolution specialist” but it’s another to back up that designation with formal credentials. At Tax Resolution Services, Co., (TRS), we require that all of our Tax Attorneys, CPAs and Enrolled Agents meet additional educational, experience, and examination requirements prescribed by the American Society of Tax Problem Solvers (www.ASTPS.org) making them Certified Tax Resolution Specialists (CTRS).
Founded in 1998, Tax Resolution Services, Co. is
Tags: Brian Compton, certified tax resolution specialist, Certified tax resolution specialist (CTRS), CTRS, Michael Rozbruch, Offers in Compromise, tax attorneys, tax expert, Tax Problem Resolution Services Coalition, tax professional, tax resolution expert, tax resolution services, TPRS
Posted in 365 Ways to Keep the IRS at Bay, Expert Help From Tax Attorney, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax resolution, tax resolution services | No Comments »
Thursday, December 20th, 2012
The national network television show, TaxMan is a great resource for those who need tax help but are too overwhelmed to do anything about it. The TV series explains both IRS problems and tax relief solutions. After watching the episodes, people avoiding their tax issues will have a better understanding how they can resolve their tax troubles for good.
This episode of the TaxMan focuses on the Tax Prep Department
Tags: Back Taxes, Cohan rule, delinquent tax returns, irs problems, tax help, tax relief, tax resolution services, Tax Resolution Specialist, TaxMan, taxman television show, TaxMan TV Show
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, TAX MAN TV, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help, tax resolution, tax resolution services | No Comments »
Monday, December 17th, 2012
If you owe the IRS back taxes – you are not alone; 1 in 6 Americans has a tax problem. However, avoiding the IRS is a terrible strategy; the longer you wait the more serious and expensive your IRS issue becomes.
So, with a new tax year is approaching, I wanted to remind taxpayers facing tax challenges that there is a solution to every problem; even tax debts over $20 thousand
Tags: 2012 tax tips, BBB, certified tax resolution specialist, end of year tax tips, Installment Agreement, IRS tax issues, IRS tax settlement, new year's tax tips, Offer in Compromise, tax attorney, tax debt, tax relief, TrustLink reviews
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, Offers in Compromise, Tax Resolution Options and Alternatives, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Tuesday, December 11th, 2012
‘Tis the season for gift giving and with the tax season approaching quickly, the IRS has sent out a “special addition tax tips“ bulletin regarding charitable contributions to help taxpayers understand how their generosity can benefit their taxable income. However, every year thousands of taxpayers overstate these “gifts” and claim charitable deductions significantly higher than their their income level, raising red flags and often triggering an IRS audit. This is not
Tags: certified tax resolution specialist, charitable contributions, Identity Theft, IRS audit, IRS debt, IRS tax attorney, IRS tax issues, tax deductions, tax relief, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS tax audit, Identity Theft, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution | 1 Comment »