Archive for the ‘Working with the IRS’ Category
Monday, May 13th, 2013
Every month at Tax Resolution Services we choose a very special Tax Client Of The Month. It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. & Mrs. Ford Sr.
Mr. & Mrs. Ford Sr. owed the IRS $112,000 in back taxes when he sought help. After several months
Tags: Back Taxes, IRS installment agreement, IRS payment plan, Offer in Compromise, Qualified Tax Professional, settle tax debt, Tax Client of the Month, tax resolution services
Posted in Back Taxes, Delayed IRS Collection and Currently Not Collectible St, IRS Installment Agreements, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Client of the Month, Working with the IRS | No Comments »
Tuesday, March 5th, 2013
Donna Guerin, 52, former CPA and tax attorney for Jenkens and Gilchrist, received an 8 year prison sentence and will be required to pay $190 million in restitution for her participation in what the Treasury Department calls “the largest criminal tax fraud in history.” An Accounting Today article titled: “Tax Attorney CPA Sentenced to 8 Years for Massive Tax Fraud Scheme“ provides some details of this landmark case:
Guerin ran a massive
Tags: certified tax resolution specialists, fraudulent tax scheme, IRS Collection Appeal, IRS levy, IRS seizure, IRS tax problems, IRS tax settlement, tax attorney, tax fraud, tax lien, tax scheme
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, Seeking Professional Tax Help, Tax Evasion Advice, Tax Liens and Levies, Tax Scams, Tax news and tips, Working with the IRS, tax help, tax resolution | No Comments »
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
Tags: 16th amendment, audit, Back Taxes, certified tax resolution specialist, federal income tax, Forbes Magazine, Forbes.com, IRS audit, IRS penalties, tax attorney, tax debt, tax settlement
Posted in 365 Ways to Keep the IRS at Bay, IRS help, Tax Debt Help News, Tax Resolution Options and Alternatives, Taxpayer Advocate, Taxpayer Rights, Working with the IRS, tax resolution, tax resolution services | No Comments »
Monday, February 4th, 2013
IRS tax enforcement is described as harsh but the criticism highlights the need to have a qualified tax professional at your side.
———————————-
There’s more pressure than ever on the Internal Revenue Service to increase tax collections.
That’s because the sluggish economy, which has depressed wages and tax revenue, and the ballooning national debt have combined to make tax collections even more urgent.
The IRS has responded to this pressure by increasing enforcement
Tags: Installment Agreement, IRS tax enforcement, Offer in Compromise, pay off your tax debt, Qualified Tax Professional, reduce your tax debt, tax audit, tax collections, tax debt, tax delinquency, Tax Liens and Levies, tax resolution services
Posted in Back Taxes, IRS Installment Agreements, IRS Times and Inquirer, IRS help, IRS payment plan, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, Working with the IRS, tax help | No Comments »
Tuesday, January 22nd, 2013
Being able to help people resolve their tax problems is the reason I enjoy coming to work every day. I especially enjoy sharing real client success stories because it shows that good people sometimes fall on hard times and have tax issues with the IRS. It also proves that there’s a solution to every tax problem if clients find the right representation.
A new commercial for The Blaze TV highlights former clients
Tags: Back Taxes, IRS tax settlement, Michael Rozbruch, tax debt issues, tax issues, tax problems, tax relief, tax resolution services, TaxMan, TaxMan TV, TaxMan TV Show, The Blaze TV
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Tax Relief News, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Monday, November 5th, 2012
Late last week, the IRS updated its filing and payment requirements for victims of Hurricane Sandy in an attempt to bring more tax relief to more people. I initially blogged about the IRS providing tax help to hurricane victims by extended filing and payment requirements for business owners and their tax preparers. Since then, the IRS has more broadly extended its tax relief efforts based on the Federal Emergency Management
Tags: disaster tax relief, extended tax filing, Federal Emergency Management Agency (FEMA), Hurricane Sandy, IRS penalty, irs relief, IRS tax help, IRS tax problems, irs tax relief, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS help, Penalty Abatement, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution services | No Comments »
Tuesday, October 2nd, 2012
The deadline to submit your extended 2011 tax return is October 15! The IRS created a video to not only remind taxpayers of the deadline but also to suggest they review their tax returns to make sure they take advantage of tax benefits that often get overlooked.
A recent Accounting Today article titled: IRS Warns of Impending Tax Extension Deadline listed the “overlooked” tax credits and deductions that low to moderate
Tags: Back Taxes, certified tax resolution specialist, Installment Agreement, IRS back taxes, IRS payment program, IRS penalties, October 15 tax deadline, Offer in Compromise, tax attorney
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Help Video, Tax news and tips, Working with the IRS, tax help, tax resolution | No Comments »
Thursday, May 24th, 2012
The IRS announced this week it changed some of the rules that govern the Offer in Compromise (OIC) program – more flexibility meaning more folks can qualify. An article in Reuters entitled IRS Widens Taxpayer Debt Forgiveness Program and in Accounting Today entitled IRS Makes Offer in Compromise Program More Flexible outline these changes aimed at giving more American taxpayers flexibility to repay their tax debt as part of the
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, income tax relief, Installment Agreement, IRS debt, IRS enforcement, IRS help, irs problems, IRS tax debt, IRS tax problems, irs tax relief, IRS tax settlement, Offer in Compromise, oic, tax advice, tax attorney, tax attorneys, tax debt issues, tax debt relief, tax expert, tax relief, tax resolution expert, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, IRS Installment Agreements, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax Problem FAQs, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Friday, March 30th, 2012
Once again, we have celebrities in the news facing tough IRS problems. The most recent failure to file tax case involves the sons of the late Sylvia and Joe Robinson who in the late 70’s formed the Sugar Hill Records label and created hip-hop’s first commercial hit, the Sugar Hill Gang’s “Rapper’s Delight.” According to an NJ.com article entitled From ‘Rapper’s Delight’ to tariff-collector fight: sons of hip-hop pioneers face
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, failing to file federal tax return, income tax relief, IRS back taxes, IRS payment plan, IRS penalties, irs problems, IRS tax issues, Sugar Hill Gang, Sugar Hill Records, tax attorney, tax attorneys, tax debt, tax help, tax problems, tax professional, tax relief, tax settlement, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS Installment Agreements, IRS payment plan, Tax Debt Help News, Tax Relief News, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution | No Comments »
Tuesday, March 13th, 2012
Continuing the countdown to April 16 on a recent episode of the Big Biz Show, I offered some helpful TaxMan tax tips and advice including how to avoid more IRS “red flags” and planning for tax laws that are set to expire in 2012.
I also took opportunity to thank Sully and Troy Hazard, one of the show’s executive producers, for the launch of the TaxMan show debuting on Biz Television. This
Tags: big biz show, IRS audit, IRS audits, IRS enforcement, IRS help, irs problems, IRS tax problems, tax audit, tax problems, tax professional, Tax Tips, TaxMan, TaxMan Show
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Business Services, General Business, IRS help, TAX MAN TV, Tax Help Video, Tax news and tips, Working with the IRS, tax help | No Comments »
Monday, March 12th, 2012
The IRS “Dirty Dozen” tax scam “Claiming Zero Wages” is a frivolous tax argument that alleges taxpayers do not have to pay taxes therefore, claim “zero” wages to prove their point even if there is a tax liability. As often found with the frivolous argument scam, taxpayers incorrectly interpret tax law and file a “phony return” in an attempt to lower the amount of taxes due. To the IRS, this
Tags: certified tax resolution specialist, Claiming Zero Wages Tax Scam, expert tax attorney, FALSE TAX RETURNS, filing false federal tax return, IRS "dirty dozen" tax scams, IRS enforcement, IRS penalties, irs problems, IRS tax issues, tax problems, tax scam, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, General Business, IRS help, Tax Scams, Tax news and tips, Working with the IRS, tax help | No Comments »
Monday, March 12th, 2012
A recent IRS announcement plans to expand the “Fresh Start Initiative” to help unemployed taxpayers, unable to pay their taxes, avoid IRS penalties and make IRS Installment Agreements available to more taxpayers than before. Below is how the program aims to assist struggling taxpayers find tax relief:
Penalty Relief
IRS penalty relief will be available to two categories of taxpayers who will be subject to eligibility criteria and income limits:
Wage earners
Tags: Back Taxes, certified tax resolution specialist, Fresh Start Initiative, Installment Agreement, IRS debt, IRS enforcement, IRS installment agreement, IRS payment plan, IRS penalties, IRS penalty relief, Offer in Compromise, tax attorney, tax attorneys, tax debt, tax debt relief, tax help, tax relief, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS help, IRS payment plan, Offers in Compromise, Penalty Abatement, Seeking Professional Tax Help, Tax Debt Help News, Tax Relief News, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution | No Comments »
Tuesday, March 6th, 2012
With the economy still sputtering, many tax stressed people teetering on the edge of IRS bankruptcy enter our offices wanting to know if their IRS tax debt could be wiped away with bankruptcy protection. While in some cases back taxes can be discharged (personal income tax), in most cases, they cannot. However,the good news is that taxpayers in this situation have options. Here are the five simple tax relief options
Tags: Back Taxes, Bankruptcy, certified tax resolution specialist, delinquent taxes, Installment Agreement, IRS debt, IRS enforcement, IRS help, IRS payment plan, irs problems, IRS tax debt, Offer in Compromise, personal income tax discharge, tax attorney, tax attorneys, tax debt, tax help, tax problems, tax professional, tax relief, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Discharging Taxes in Bankruptcy, Expert Help From Tax Attorney, General Business, IRS Installment Agreements, IRS help, IRS payment plan, Offers in Compromise, Penalty Abatement, Seeking Professional Tax Help, Tax Debt Help News, Tax Help Definitions, Tax Relief News, Tax Resolution Options and Alternatives, Tax news and tips, Working with the IRS, income tax relief, tax help, tax resolution | No Comments »
Tuesday, February 21st, 2012
Consumers come to us every day at Tax Resolution Services with tax questions and, in fact, one of the most popular subjects is the IRS Offer in Compromise program. This program allows taxpayers to settle their tax debt for substantially less than what they owe. Before you get excited, I want to point out that the Offer in Compromise program is a privilege and not everyone will qualify for it.
———————-
Question:
Tags: indebted taxpayers, IRS, irs problems, negotiate tax settlement, Offer in Compromise, paying off tax debt, Qualified Tax Professional, reduce your tax debt, tax questions, tax resolution services
Posted in IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help, Working with the IRS, tax help | No Comments »
Monday, February 20th, 2012
IRS commissioner Doug Schulman announced on Thursday its IRS “Dirty Dozen” List of tax scams and “phishing” expeditions to warn taxpayers about scams that range from identity theft to return preparer fraud. This annual list is meant to provide the most recent advice for consumers to prevent tax problems on a year round basis. However, as tax day draws near, scams and schemes tend to peak as people get their
Tags: "the Dirty Dozen", avoid identity theft, Dirty Dozen tax scams, FALSE TAX RETURNS, Identity Theft, income tax relief, IRS Commissioner Doug Shulma, IRS enforcement, irs problems, IRS tax problems, phishing, phishing schemes, Phishing Tax Scams, PTIN, PTIN Preparer tax Identification Number, return preparer fraud, tax cheats, tax evasion, tax fraud, tax help, tax problems, tax professional, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Banking & Finance, General Business, IRS help, Identity Theft, Seeking Professional Tax Help, Tax Scams, Tax news and tips, Voluntary Disclosure, Working with the IRS, tax help | 1 Comment »