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Thursday, June 10th, 2010
Every day, in cities across the country, people are being prosecuted and convicted of tax crimes. If you find yourself struggling during these tough economic times and need IRS tax relief, do not fear as there are many options for you to consider in resolving your back taxes or other IRS woes!
Reality check: Tax evasion is not just a problem for the wealthy. The IRS reports that tax evasion is a widespread problem, costing the government an estimated $350 billion in unpaid taxes. This creates a tax gap that grows by 10% each year. However, with federal initiatives aimed at narrowing this tax gap, the IRS is cracking down on tax evaders both big and small.
There is a big difference between tax evasion and tax avoidance. While it is perfectly legal to work within existing laws to avoid paying more than what is required by the IRS, cheating the government on taxes by evading tax laws is criminal and can carry up to a 5-year prison sentence. There are also IRS penalties up to $100,000.
You don’t have to be a tax attorney to know the red flags that will cause the IRS to be suspicious of tax evasion. Even in the current enforcement-prone climate, taxpayers can learn how to avoid IRS tax audits, save money by taking advantage of legal tax deductions and avoiding costly IRS penalties and interest.
It’s important for taxpayers to avoid becoming targets of aggressive IRS collection efforts like debilitating bank levies, which can be financially crippling for life. If you owe back taxes or are being audited by the IRS, it would be worthwhile to know that working with a Certified Tax Resolution Specialist or tax lawyer can greatly increase your chances of successfully resolving your IRS tax problems and negotiating a settlement for the lowest amount allowed by law.
For a FREE tax relief consultation and more information on affordable solutions in settling your back taxes or other IRS troubles, visit www.TaxResolution.com or call 866-IRS-PROBLEMS.
Tags: Back Taxes, IRS audit, irs tax relief, tax attorney, tax lawyer
Posted in Back Taxes, IRS tax audit, Seeking Professional Tax Help, Tax Resolution Options and Alternatives, Taxpayer Rights, tax help | No Comments »
Wednesday, June 2nd, 2010
Tax cheats, beware! The IRS is watching you – I can’t tell you how, when or where, but the IRS can see you! I’ve blogged about people evading taxes before – in fact the article below was an example of how the IRS is ramping up prosecutions of tax cheats – and I will blog about it again to let you know that we, a group of tax professionals and tax attorneys at Tax Resolution Services, take the IRS seriously and so should you!
Thomas Ellis, 63, and Brenda Ellis, 59, of Richmond, Va., have pleaded guilty to conspiring to defraud the IRS of more than $133,000 in tax revenue from 2003 through 2007.
The Ellises were the owners of Buzz Thru Car Washes, an automated car wash service in which customers deposited payment, generally in the form of paper currency or coins, into a machine.
Thomas Ellis brought the daily car wash cash receipts to the home office where Brenda Ellis would then account for the cash in two sets of records and ledgers. On one set, she recorded the true amount of cash received by the two car washes. On another set, however, she recorded a lesser amount of cash received.
When the business owners went to the bank, they deposited only the lesser amount of cash recorded in the second set of records. They kept the rest of the cash in a safe at the house or used the funds to maintain their lifestyle.
Between 2003 and 2007, the Ellises understated $386,397 in income from their car wash businesses, resulting in the nonpayment of $133,163 in income tax.
They face up to five years in prison and a fine of up to $250,000.
As you can see, being a tax cheat does not guarantee you riches! I can say that in most tax evasion cases the only guarantee is three prison meals a day and a hefty fine on top of that! If you want to resolve your tax problems, do it legally with a team of tax professionals. Tax Resolution Services has tax attorneys and Certified Tax Resolution Specialists that are here to help you resolve tax issues such as delinquent tax returns (late taxes), settling back taxes, applying for an Offer in Compromise, solving your tax audit, and other tax services. We offer a free tax consultation by filling out this online form or calling us at 1-866-IRS-PROBLEMS (1-866-477-7762).
Tags: certified tax resolution specialist, delinquent tax filing, Free Tax Consultation, IRS, irs problems, late taxes, Offer in Compromise, resolve tax problems, settle back taxes, tax attorneys, tax audit, tax cheat, tax cheats, tax evasion, tax evasion cases, tax professionals, tax resolution servcies
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Working with the IRS | No Comments »
Tuesday, June 1st, 2010
Every day, in cities across the country, people are being prosecuted or convicted of tax crimes. If you have IRS problems and are in need of tax relief, you should view these cases as warnings and act accordingly. If you’re struggling during these tough economic times, there are many options to consider for resolving your back taxes or other IRS woes.
Thomas and Brenda Ellis of Richmond, Va., had what many would consider a great business for cheating Uncle Sam. They were the owners of Buzz Thru Car Washes, an automated car wash service. Customers deposited cash and coins, then drove into the stall to have their vehicles cleaned. Cash revenue can be easy to hide from the IRS, right? That’s what the Ellises apparently thought. Brenda Ellis kept the books, and every day her husband Thomas would bring home the money to be counted, she tallied the cash in two registers — one showing the actual revenue, the other showing the revenue they intended to declare. The Ellises then deposited into the bank only as much money as they intended to declare, keeping the off-the-books income in cash to be used on personal expenses.
Untraceable, right? No way to be caught. Wrong. The IRS the most aggressive agency on the planet – they are always watching.
Thomas and Brenda Ellis pleaded guilty to conspiring to defraud the IRS of more than $133,000 in tax revenue. They face five years in prison and a fine of up to $250,000. But the Ellises’ case isn’t an isolated one — and that’s the point. There are many Americans just like them who cheated on taxes only to be caught, prosecuted and in many cases jailed.
Even if you think you can’t be caught — such as thinking there’s no way for the IRS to trace missing cash revenue — everyday cases of Americans being charged with or convicted of tax crimes should make you think otherwise.
Take some other cases, for example. Earlier this year, Iowa businessman Keith Chapman received three and a half years in prison after committing bankruptcy fraud and filing false tax returns. Or look at the case of John A. Gullett, of Parkland, Fla. He received more than four years in prison after failing to report about $3 million income. Like the Ellises, he apparently thought the IRS would have no way of tracing his income. And also like the Ellises, he was wrong.
If you’ve been cheating on your taxes, or are considering it during this sour economy, pay greater attention to the newspaper you read every morning. You’re likely to notice the stories you’ve been skipping over — the ones about tax cheats getting caught. They’re everywhere.
There’s a cold truth to stories such as these. It’s one thing to discuss numbers and figures. As I reported last month, for example, Congress increased the IRS’s enforcement budget to a record $5.5 billion — meaning more agents for more audits and more investigations. But what does that mean? Simply, it means there will be more stories like the Ellises, like Chapman, like Gullett. And like you? That’s the question you should ask yourself now if you’re in deep tax trouble. No matter how deep you’re in the hole, it’s always better to climb out willingly than to be found hiding down below. If you owe back taxes, have payroll tax problems or need tax help, contacting a professional tax attorney is your best move to IRS tax relief.
Tax Resolution Services, Co. is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. Our expert team of tax attorneys, CPAs, and Certified Tax Resolution Specialists has a success rate of 90% – second to none in the industry – and an Offer in Compromise Settlement Rate of $0.11 on the dollar. For more information or to receive a FREE tax relief consultation, visit www.TaxResolution.com or call 866-IRS-PROBLEMS.
Tags: Back Taxes, FALSE TAX RETURNS, filing false federal tax return, IRS enforcement, irs problems, tax attorney, tax cheat, tax evasion, tax help, tax relief
Posted in Back Taxes, IRS Installment Agreements, Offers in Compromise, Seeking Professional Tax Help, Tax Blogs, Tax Relief News, Tax news and tips | 1 Comment »
Friday, May 28th, 2010
As I think about the long weekend ahead, where many Americans pack their bags and drive to the lake or the beach to enjoy that extra day off, on smoothly paved roads and state-of-the-art freeways, bridges and tunnels, fully equipped with working stop lights, metering systems and watched over by highway patrol officers who make sure everyone is abiding the law, I wonder if anyone, other than the group of Certified Tax Resolution Specialists that I work with, think about how their taxes work for them. Sure everyone moans about paying taxes, and some people even try to evade taxes or cheat on their taxes, but do they ever stop and think about what our lives would be like without a tax system to take care of things like highways, roads, tunnels and bridges? Don’t be like this person in the article below – if you are scared of your taxes, let Tax Resolution Services help you find a tax solution!
Terri Lynn Lucero, 50, of Alamosa, Colo., pleaded guilty to filing a false tax return. Lucero was an employee at the Housing Authority of Alamosa. From 2001 to 2004, she prepared 96 checks payable to Steve Lucero. Some of the checks were for work she and Steve Lucero did, but most represented embezzled money. The total was $168,949. All of the money should have been reported, but was not. Lucero faces up to three years in prison and a fine of up to $100,000.
I’ve said it again and again, evading taxes is not the right thing to do and we are not a professional tax firm that helps you cut corners or misrepresent yourself to the government. We are a tax firm, however, that can help you find great tax relief through plans such as the Offer in Compromise (if you qualify) or help you establish a tax payment plan to make your tax payments more bearable. Tax Resolution Services offers tax solutions and always offers a free tax consultation. Call us today at 1-866-IRS-PROBLEMS (1-866-477-7762) or fill out the free tax consultation form online. If you have outstanding tax problems, get them settled and you will enjoy what your taxes pay for that much more. Have a great Memorial Day!
Tags: certified tax resolution specialist, filing false tax return, Free Tax Consultation, irs problems, Offer in Compromise, tax firm, tax payment plan, tax problems, tax relief, tax resolution services, tax solutions
Posted in IRS Tax Cases, IRS Times and Inquirer | 2 Comments »
Friday, May 28th, 2010
The tax world can be quite overwhelming for many individuals and businesses. You’re not alone and that’s why there is a lot of easily accessible tax information out there – the key is to filter out what is actually useful! Since offering expert tax relief and tax assistance is my drive and passion, it’s important to keep up with the latest tax news. Keeping an eye out for valuable tax information and reaching more individuals that seek tax help and advice is the primary reason I started this blog. And while I’m thankful for my loyal following of readers, I’d like to take a moment to recommend another tax blog that I find quite useful and entertaining.
I hope you’ll check out TaxGirl.com – Kelly Phillips Erb is a tax expert whose helpful web site embodies her tagline: “Because paying taxes is painful… but reading about them shouldn’t be.”
Erb’s blog is a great place to “talk tax” and find valuable tax resources spanning a vast array of topics. From IRS news to tax pop culture, Kelly offers great content and sources you can access to fill your tax curiosities. I follow Kelly on Twitter @taxgirl.
Kelly started her career as a tax attorney so she knows what she’s talking about! A great feature of her blog is Ask the taxgirl™ where you can direct tax related questions. Other great features of her blog include:
- taxgirl chat
- Legal resources
- Job postings
- Tax resources and tax blogs
TaxGirl.com does not offer any legal advice or tax attorney services – rather it is a place to read up on tax news and tax happenings – from the latest celebrity tax evasion story to federal tax legislation. There are several additional blogs I follow for valuable tax information, so feel free to have a look. Also leave a comment if you have other informative tax blogs to recommend.
If you find yourself in need of tax relief and professional tax assistance, you require the services of a certified tax attorney. Check out our online library of tax help articles to answer any of your pressing tax relief questions and consider the questions you need to ask before hiring expert tax assistance.
Tax Resolution Services is a team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists who are here to help your IRS tax problems so that you can get the IRS tax relief you need. Give us a call today at 1-866-IRS-PROBLEMS for a free, no-risk tax resolution consultation or visit www.taxresolution.com.
Tags: certified tax resolution specialist, IRS debt, IRS tax problems, Kelly Phillips Erb, tax attorney, tax help blog, tax relief, TaxGirl.com
Posted in Expert Help From Tax Attorney, Tax Blogs, Tax Problem FAQs, Tax news and tips, tax help | No Comments »
Thursday, May 27th, 2010
I recently came across an article by Bloomberg’s Ryan J. Donmoyer, IRS Demand for Tax Shelter Lists Has Companies Fearing Audits, that talks about how IRS Commissioner, Doug Shulman, is requesting that companies provide a detailed road map of their tax returns in order to simplify the work of IRS tax auditors. The Internal Revenue Service has created a form that will require corporations to “list of all tax-saving transactions that might be challenged — along with the maximum they would owe if the IRS won on every issue.” These tax shelter lists have companies fearing audits, or even worse, a bill from the IRS demanding them to pay the potential maximum amount of tax they owe.
It’s not only major corporations that need to be wary of IRS enforcement tactics such as the form (Schedule UTP) mentioned above because everyone will be affected by the major changes the IRS is making to track down lost revenue. As mentioned in a previous post, Tax Help For Business Owners As IRS Cracks Down on Independent Contractor Classifications, professional tax help is becoming more of a necessity even for average tax payers due to federal and state crackdowns.
Although the IRS is promising Schedule UTP will not cause any unnecessary audits, it’s still important to make sure you seek adequate tax relief. Make sure you consult with a tax attorney or Certified Tax Resolution Specialist for tax help before dealing with the IRS. The IRS says Schedule UTP is meant to speed up audits, saving time and money, but it is likely they have an ulterior motive.
This would be in line with the IRS’s aggressive push to seek out new sources of revenue. So taxpayers can expect more audits all around and need to know how to resolve their IRS problems and get expert tax relief before it’s too late. In this heightened enforcement climate, no one is safe as the IRS is going after companies as well as offshore account holders, independent contractors , celebrities and average Joes!
Don’t let your tax issues become a reason for the IRS to zero in on you. Get tax help from our team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists. Call us today at 1-866-IRS-PROBLEMS for a free tax resolution consultation or visit www.taxresolution.com.
Tags: certified tax resolution specialist, delinquent taxes, i need tax help, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, tax attorney, tax debt, tax evasion, tax expert, tax resolution services
Posted in Expert Help From Tax Attorney, IRS Tax Cases, IRS help, IRS tax audit, Seeking Professional Tax Help, Tax Debt Help News, Tax Relief News, Tax Resolution Options and Alternatives, income tax relief | No Comments »
Monday, May 24th, 2010
Under reporting income is a serious crime. It is also known as tax evasion and when the IRS catches up to you, you will pay, and not just a fine! If you’ve under reported income and want to come clean with the IRS, there is no time better than today. Tax Resolution Services has tax attorneys and Certified Tax Resolution Specialists that can help you sort through your taxes and find solutions to your tax problems. We can help you with late tax filing, dealing with IRS tax liens, settle back taxes and more (see all tax relief services). When you contact us, you’ve got to be honest, because Tax Resolution Services cannot help a tax cheat!
John A. Gullett, of Parkland, Fla., was sentenced to 51 months in prison, to be followed by three years of supervised release, after being convicted on four counts of filing a false tax return. Gullett was also ordered to pay restitution of $255,000 to the IRS.
According to court records, Gullett submitted false Form 1040 Individual Income Tax Returns, statements and documents for tax years 2002 to 2005. He under reported his gross receipts from 2002 to 2005 and filed the tax returns with the IRS knowing that the returns contained materially false information.
Gullet contracted with the Broward County Police Benevolent Association (BCPBA) and the Dade County Police Benevolent Association (DCPBA) to solicit local businesses to buy advertisements in a book that Gullett published listing local businesses. The book was distributed to PBA members.
In exchange, Gullett paid BCPBA and DCPBA between $3,000 and $5,000 per month and kept any funds he raised in excess of these amounts. Gullett failed to report about $3 million of income from 2002 to 2005. Gullett used these monies to purchase a personal residence in Parkland, Fla., and various luxury automobiles, including two Ferraris and a Lamborghini.
Tax Resolution Services offers a free tax consultation by filling out the online form or calling 1-866-IRS-PROBLEMS (1-866-477-7762). Let one of our tax professionals help you find tax relief today!
Tags: certified tax resolution specialist, evading the IRS, failure to file tax returns, filing false tax return, Free Tax Consultation, IRS lien, irs problems, late tax filing, professional tax help, settle back taxes, tax attorneys, tax cheat, tax evasion, tax problems, tax relief, tax relief services, tax resolution services, underreporting income
Posted in Back Taxes, Expert Help From Tax Attorney, Filing Unfiled Returns and Replacing Substitute for Ret, IRS Tax Cases, IRS Times and Inquirer, Tax Liens and Levies, Unfiled Returns - Delinquent Tax Returns, tax help | 2 Comments »
Friday, May 21st, 2010
No need to wait until the IRS comes knocking at your door and you find a tax lien filed against you to settle your back taxes. You have a right to file your original tax return, no matter how late it is (also known as delinquent tax filing). And if you owe more than $10,000 in taxes, like this real estate agent from Arizona did, I highly recommend having our tax professional team behind you. Tax Resolution Services’ tax attorneys and Certified Tax Resolution Specialists can help you navigate the difficult waters of late tax filing to resolve back taxes, especially if you are interested in securing a tax payment plan to help you pay your tax debt. Paying your back taxes, even in an IRS payment plan, insures your freedom, the same freedom that this Arizona business woman is surely going to miss for evading taxes!
A federal grand jury in Phoenix has indicted an Arizona real estate agent and broker for income tax evasion and willful failure to file tax returns, alleging she failed to report interest in a $1.3 million sale.
The indictment alleges Sue J. Taylor, also known as Janice Sue Taylor, 66, used her purported real estate brokerage, National Landbank, and purported real estate trusts to hide earnings from commissions and ownership interest in real property from the IRS. The indictment makes specific reference to a purchase and subsequent sale of land in which Taylor earned a $72,000 commission and had an interest in $1.3 million in proceeds from the sale, none of which was reported to the IRS.
“We take tax evasion seriously and will work with the IRS and other relevant agencies to investigate and prosecute tax evaders,” said Arizona U.S. Attorney Dennis K. Burke in a statement.
Each conviction for income tax evasion carries a maximum penalty of up to five years in prison and a fine of up to $250,000.
If you are interested in settling back taxes, or learning about our tax relief services, contact Tax Resolution Services at 1-866-IRS-PROBLEMS today for a free tax consultation.
Tags: Back Taxes, certified tax resolution specialist, evading the IRS, failure to file federal tax returns, Free Tax Consultation, help paying back taxes, hiding assets, income tax evasion, irs problems, IRS tax lien, late tax filing, resolve back taxes, settle back taxes, tax attorneys, tax debt, tax payment plan, tax professionals, tax relief services, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Unfiled Returns - Delinquent Tax Returns, Working with the IRS | No Comments »
Tuesday, May 18th, 2010
The IRS Offer in Compromise is a program established by the U.S. Congress to help those who have serious financial problems get a fresh start. It is a privilege, not a right, for taxpayers and you may be granted an Offer in Compromise only if you qualify. The man in the article below is a great example of abusing the privilege of the IRS Offer in Compromise program and also a great example of what may happen to you if you try to con the IRS too!
A federal grand jury found Albert Holland, 70, of Sharon, Conn., guilty of tax evasion and filing false tax returns.
According to trial evidence, in 1998, the IRS notified Holland that he owed more than $1.4 million in unpaid taxes, penalties and interest dating back to 1979. In 1998, Holland made an Offer in Compromise with the IRS that claimed that he was only able to pay $120,000 of the debt.
However, at the time Holland made the offer, he was involved in a lawsuit in which his partnership had demanded millions of dollars for services. In 1999, while Holland was challenging the IRS’s rejection of his Offer in Compromise, he and his partner settled the lawsuit for about $4.65 million.
Rather than pay the IRS, Holland moved the judgment proceeds to an entity he formed in the name of his four children. That entity purchased a house in Kent, Conn., in which Holland and his wife lived.
Over the next five years, Holland rebuffed IRS attempts to collect the money owed, continuing to claim he did not have assets with which to pay his debt to the IRS.
He faces up to 11 years in prison and a fine of up to $100,000. He also will be required to pay back taxes, penalties and interest to the IRS.
If you are interested in the Offer in Compromise program, Tax Resolution Services team of tax attorneys and Certified Tax Resolution Specialists are the team that you want in your corner. Why? The national average of Offer in Compromise deals accepted in 2007 was only 26%. Tax Resolution Services clients whose Offer in Compromise deals were accepted were five times the national average (approximately 90%)! This is because Tax Resolution Services assesses each client individually and we do not submit frivolous Offers in Compromise applications. We don’t get your hopes up unless we are pretty certain that the Offer in Compromise will be granted! If we don’t think you qualify for the Offer in Compromise program, we always explore other tax resolution options for you to find tax relief. For a free tax consultation, call 1-866-IRS-PROBLEMS (1-866-477-7762) or fill out the form online today!
Tags: Back Taxes, certified tax resolution specialist, do i qualify for offer in compromise, filing false tax returns, Free Tax Consultation, Offer in Compromise, offer in compromise success rate, tax attorneys, tax evasion, tax relief, tax resolution options, tax resolution services
Posted in IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Working with the IRS | No Comments »
Thursday, May 13th, 2010
Everyone has to pay taxes. Evading taxes will get you nowhere but prison as we see in the story below and as we’ve seen time and again. Tax Resolution Services offers many legal tax service options to help you find tax relief! Our tax attorneys and Certified Tax Resolution Specialists have successfully resolved over 9,000 tax cases and have a client satisfaction rate of 99.7%! Read some of our amazing tax relief testimonials from tax clients, some who have save hundreds of thousands of dollars. Face your taxes with Tax Resolution Services and you won’t face prison time like Harry Warren Green.
A Northern California newspaper publisher was sentenced to five months in prison and ordered to pay $75,000 in restitution after he pleaded guilty to filing false tax returns for 2000 to 2003.
According to the plea agreement, Harry Warren Green admitted to operating several newspapers in the San Francisco Bay Area, including the Clayton Pioneer, Brentwood Bee, Bethel Islander and the Oakley Herald. Green admitted in his plea that he under reported income he received while operating the newspapers
Documents filed with the court also state that Green failed to account for all of the income received while operating those businesses, real estate commissions he received and income received from the sale of the Clayton Pioneer newspaper in 2003.
Feeling uncertain about seeking professional tax help? Tax Resolution Services outlines what to expect when resolving your tax debt. The first step is the easiest, and free. Fill out the free tax consultation form online or call 1-866-IRS-PROBLEMS and get started to resolving your tax debt today!
Tags: certified tax resolution specialist, filing false tax returns, find tax relief, free professional tax consultation, help with taxes, irs problems, resolve tax debt, Seeking Professional Tax Help, tax attorney, tax evasion, tax relief testimonials, tax resolution services, tax services
Posted in Expert Help From Tax Attorney, IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Tax Debt Help News, Working with the IRS, tax help | No Comments »
Tuesday, May 11th, 2010
Isn’t it ironic that the IRS counts money that people have stolen or embezzled from others as income? Most people who steal money from others, if they don’t get caught for the embezzlement, usually get caught, and punished, for evading taxes! Embezzling or stealing money from others is not the right thing to do. Not paying taxes on any income, is not the right thing to do either! If you haven’t filed your taxes, or have to settle back taxes, it may be time to seek the help of a tax professional such as a Certified Tax Resolution Specialist! Tax Resolution Services can help you with tax audits, IRS payment plans, negotiating an Offer in Compromise and many other tax relief services. Work with a tax professional to do the right thing and find tax relief. Do the wrong thing and you may end up like Kristy Watts below!
The bookkeeper for author Danielle Steel received a 33-month prison sentence for wire fraud and tax evasion. Kristy S. Watts, also known as Kristy Siegrist, was also ordered to pay $60,677 in restitution.
Watts, 48, of Tiburon, Calif., was charged with one count of wire fraud and four counts of tax evasion. She pleaded guilty on Sept. 24, 2009, to all five counts.
According to court documents, Watts worked as a bookkeeper for author Danielle Steel for approximately 15 years. Watts was trusted with oversight of and day-to-day responsibility for Steel’s personal and professional financial management, including overseeing bank accounts and credit card statements, handling payroll, overseeing the petty cash operations, obtaining foreign currency for international travel and paying bills. While handling those duties, Watts devised a scheme to steal more than $760,000 from Steel. She did not report the money as income.
Tax Resolution Servicesis the nation’s leading tax negotiation and tax mediation firm. Call 1-866-IRS-PROBLEMS (1-866-477-7762) for a free tax consultation today!
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Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, IRS help, IRS tax audit, Offers in Compromise, Unfiled Returns - Delinquent Tax Returns, Working with the IRS, income tax relief, tax help | No Comments »
Thursday, May 6th, 2010
With IRS enforcement on the rise – more people than ever will need expert and qualified IRS tax relief. If you’ve put yourself in a situation for which you could be prosecuted on tax charges, there’s something you should know: Your chances of convictions are high.
There are not many situations scarier than being in tax trouble. Whether you’re worried about the tax man knocking at the door or staring down at the pages of a tax evasion indictment, there are few legal situations worse in American life.
Getting in trouble with the Internal Revenue Service can be a life-altering experience. That is an indisputable fact. Even more troubling, data suggests you’re more likely to be indicted and convicted on tax charges today than you were five years ago.
In fact, available data shows the Obama administration is just as aggressive in tax enforcement as the Bush administration was.
Using data from the Internal Revenue Service and the Department of Justice, the Transactional Records Access Clearinghouse (TRAC) at Syracuse University reviewed IRS referral and DOJ conviction numbers for tax cases in fiscal-year 2009 — Obama’s first year in office.
What TRAC found should be eyebrow-lifting to those who suspected the Obama administration might go easier on tax cheats.
Tax case convictions in fiscal-year 2009 were on par with those in fiscal-year 2008, the Bush administration’s last year in office, and in fact there were 10 percent more convictions in fiscal-year 2009 than there were just five years ago.
The most frequently reported charges were “fraud and false statements” and “attempt to evade or defeat tax.”
The takeaway for you, the taxpayer, should be obvious: Despite the alterations in policy and action that often accompany a new government, the Obama administration has chosen not to chain what has been an increasingly aggressive IRS over the previous five years. Those of you with lingering back taxes should not hesitate to seek out quick and reliable tax relief from a tax attorney or Certified Tax Resolution Specialist.
What’s more, the odds are great that tomorrow’s enforcement will become even more aggressive.
The primary reason: money.
For fiscal-year 2010, Congress increased the IRS’s enforcement budget to a record $5.5 billion — meaning more agents for more audits, more investigations, and ultimately more of a reason to obtain IRS tax relief.
Of course, that extra money in the enforcement budget comes on top of the IRS’s recent agreements with credit card companies and Swiss banks to open up the account information for U.S. taxpayers who might be stashing cash in offshore bank accounts.
So why bet against the government when the stakes include your freedom and livelihood?
There are plenty of examples of people who did bet against the government. They’ve lost.
Just last month, a Florida man received a 51-month prison sentence for tax evasion, while across the country in California a bookkeeper received a 33-month sentence for wire fraud and evasion
Scared? Now might be a good time to call me for some life saving IRS tax relief.
At TRS, we help clients by taking their tax problems off their dining room tables and into our office where we take over all communication with the IRS. We work tirelessly to defend their rights and permanently resolve their tax troubles. We’re here to help you resolve your IRS problems so that you don’t have to live in fear of the IRS. To speak with our team of expert tax attorneys call our office today at 1-866-IRS-PROBLEMS or visit www.taxresolution.com and receive a free, no-risk tax resolution consultation.
Tags: Back Taxes, certified tax resolution specialist, i need tax help, IRS debt, IRS help, irs problems, Michael Rozbruch, tax advice, tax attorney, tax cheats, tax debt, tax evasion, tax expert, tax fraud, tax relief, tax resolution expert, tax resolution services
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, IRS help, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Debt Help News, Tax Problem FAQs, Tax Relief News, Tax Resolution Options and Alternatives, Tax news and tips, income tax relief, tax help | 1 Comment »
Wednesday, April 28th, 2010
Jim Angle of FOXnews.com reports that Americans involved in hiding offshore funds in Swiss Bank UBS have inspired the IRS to establish a new unit which will track high-wealth individuals operating globally. The IRS is ready to get to the bottom of the $300 billion tax gap that has been haunting the federal government for the past few years. They’ve invested $20 billion in the program in order to guarantee its success. With the assistance of whistleblowers like Bradley Birkenfeld they’re likely to catch numerous tax evaders.
Birkenfeld, an American citizen and former UBS employee, ratted out the 19,000 Americans participating in offshore tax evasion. Ironically, he is facing 40 years in cuffs for participating in the scheme himself, pending clemency from President Obama.
UBS account holders who now face federal courts plea guilty with hopes of a lesser punishment, but whether or not their wishes will be granted is yet to be determined. They were duped into a false sense of security by Swiss bankers who marketed UBS bank secrecy in the U.S. over a span of 3,800 trips. Don’t end up in their position. Tax Resolution Services recognizes bad things happen to good people, and we’re here to help.
Read full article here: IRS Targets Taxpayers Hiding Income in Offshore Accounts
If you are currently withholding funds overseas, now is the time to come forward to the IRS before someone blows the whistle on you. Be proactive. Our tax attorney and Certified Tax Resolution Specialists can help you disclose funds and avoid serious FBAR penalties.
Tax Resolution Services has a special division for overseas tax evasion defense. This special division is led by one of the nation’s leading tax help experts, Brian Compton. If you are in IRS trouble for undisclosed foreign funds, call our office today at 1-866-IRS-PROBLEMS for a free, no-risk tax resolution consultation or visit www.taxresolution.com.
Tags: foriegn bank and financial accounts, irs problems, offshore accounts, offshore tax evasion, Overseas Banking, tax cheats, tax problems, tax resolution
Posted in Offshore Tax Settlements, Tax Relief News, Voluntary Disclosure | No Comments »
Wednesday, April 28th, 2010
Here they go again. Hollywood stars reminding us they are regular people just like everyone else. Fox News reporter, Natalie Crnosija recently revealed some of Hollywood’s biggest tax evaders in her article Hollywood Stars Who Owe Uncle Sam Big Bucks in Back Taxes. To name a few: Nicolas Cage—weighing in at $13.3 million, Pam Anderson—Dancing with the Stars despite a $1.7 million tax debt, and Joe Francis, founder of Girls Gone Wild—who bared an amount of $29.4 million. Just goes to show you that tax problems can happen to anyone. You’re not alone.
We have a boutique division that specializes in high dollar/profile cases staffed by highly trained and experienced tax attorneys, CPAs and other tax professionals. Our clients include politicians, sports figures, and celebrities in the entertainment industry. Having a big tax problem can be potentially embarrassing for anyone—especially your clients—and should be kept private as one begins the journey towards a positive resolution. As we like to say, there is a solution to every problem, especially when it comes to IRS back taxes.
If IRS issues are not handled properly they can stir up negative PR and even ruin careers. Take child star of the 90’s, Christina Ricci; she just got her name back into the paparazzi buzz. Unfortunately, it was due to IRS back taxes she’s owed since 2008, reports Doug Camilli in his article Ricci Owes IRS Nearly $180,000. Now the IRS is asking her to pay tax penalties of $179,568.30.
Bad things happen to good people—that’s life! We know that tax problems can result from a number of causes. Read about the Top 7 Tax Resolution Lessons Learned from the Worst Cases of Celebrity Tax Evasion, learn from the mistakes of others, and seek tax help. We’ve seen first hand people who’ve tried to resolve IRS problems themselves or with inexperienced CPAs and attorneys. Ultimately they land themselves in even deeper trouble than before.
When it comes to complex issues such as offshore bank accounts, investment fraud representation, IRS back taxes, criminal investigations, and referrals to the Department of Justice, Tax Resolution Services has the experience and expertise to swiftly and permanently resolve the cases. We’ve helped clients protect their financial futures oftentimes saving them millions of dollars in the process.
You deserve expert tax representation. That’s what we provide. If your client is receiving threatening collection notices from the IRS, FTB, BOE, or EDD or is facing an audit please do not hesitate to contact Tax Resolution Services. Our team of tax attorneys, CPAs, and tax resolution specialists resolve troubling tax situations daily. Call 1-866-477-7762 for a free tax resolution consultation or visit www.taxresolution.com
Read about the Top 7 Tax Resolution Lessons Learned from the Worst Cases of Celebrity Tax Evasion
Tags: Back Taxes, celebrity tax, celebrity tax cheats, celebrity tax evasion, certified tax resolution specialist, delinquent taxes, Free Tax Consultation, income tax relief, IRS debt, irs problems, IRS Tax Cases, offshore tax evasion, tax attorney, tax evasion, tax specialists
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, IRS help, Seeking Professional Tax Help, Tax Debt Help News, Tax Problem FAQs, Tax Relief News, Tax Resolution Options and Alternatives | 1 Comment »
Wednesday, April 28th, 2010
If an IRS levy is filed against your business, you’re facing serious tax trouble. The IRS files a bank levy or wage levy against you or your business as a last attempt to collect taxes and is usually a result of poor or no communication between the taxpayer and the IRS. If the IRS files a levy against you, there is no doubt that you will need professional tax help and this is where Tax Resolution Services can help you find tax relief. We cannot help you, however, if you are like this business owner from Alaska – instead of complying with the IRS levy that was filed against his business, he thought he had the power to outwit the IRS. Hope he doesn’t rely on that same confidence when he goes to prison!
An Alaska businessman was convicted of felony tax evasion following a five-day trial in Fairbanks.
Roger Lee Shoffstall, 59, is the president and owner of Summit Telephone and Telegraph Company of Alaska, which is a rural telecommunications utility that provides telephone service to several hundred customers in remote areas north of Fairbanks.
According to trial evidence, Shoffstall failed to pay income taxes for the years 1996 to 2003, and he had not filed federal individual income tax returns with the IRS for those years or any years thereafter. Instead, Shoffstall mailed simulated legal process and other documents to the IRS citing frivolous tax arguments.
Additional evidence presented at trial indicated that Shoffstall used his position as president of Summit to prevent the company from complying with an IRS levy and an IRS final demand for payment that would have resulted in Shoffstall’s wages being garnished.
In addition, trial evidence demonstrated Shoffstall requested the IRS halt collection efforts so that he could negotiate a settlement while at the same time he invested in the purchase of a $225,000 house and other items on installment payments, effectively removing these mortgaged assets from the reach of IRS collection procedures.
He faces up to five years in prison and a fine of up to $250,000.
If you have an IRS levy filed against you or your business, seek professional tax help. Tax attorneys and Certified Tax Resolution Specialists are on-hand at Tax Resolution Services to help you find tax relief, whether it is for an IRS tax levy or other tax relief services such as delinquent tax filing, setting up an IRS payment plan, or sorting through an IRS tax audit. A free tax consultation helps you get started! Call 1-866-IRS-PROBLEMS or fill out our online form today!
Tags: bank levy, certified tax resolution specialist, delinquent tax filing, evading the IRS, failure to pay income taxes, find tax relief, IRS levy, IRS payment plan, irs problems, professional tax help, tax attorney, tax evasion, tax resolution services, tax trouble, wage levy
Posted in IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Tax Liens and Levies, Working with the IRS | No Comments »
