Celebrities have been making a splash in the news lately; we’ve seen celebrities like Reggie Bush, Paul Hogan and Wesley Snipes make headlines for evading their tax obligations. While the media spotlights celebrity tax evasion stories, it’s not just the rich and famous who end up targeted by the IRS.
It’s a huge mistake to believe that the IRS only goes after the big fish. The truth is, the IRS is
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Did you know that 1 in 6 Americans has a tax problem?  That’s 26 million people in this country.  At Tax Resolution Services, we get inquiries everyday from people who owe more back taxes than they can afford to pay back and they want to know how they can resolve back taxes without going broke.  Our team of tax professionals often advises that the IRS Offer in Compromise program may
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We’re one week into October and you know what that means? October 15th isn’t that far off. For those of you who filed for a tax extension deadline, now’s the time to get all your ducks in a row so that you’re prepared come next Friday.
As part of our dedication to educating taxpayers on their tax relief options, I’ve compiled a list of our top tax help blog posts here
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And another one bites the dust–The Federal Trade Commission (FTC) requested American Tax Relief, a tax resolution firm based in Beverly Hills, California, to shut its doors due to deceptive business practices that cheated American consumers out of some $60 million.
According to the FTC news release, “…In TV, radio and Internet ads, American Tax Relief LLC falsely claims it can settle consumers’ delinquent federal and state taxes for a fraction
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Due to the harsh reality of the current economy, more Americans are filing for bankruptcy. Although there may be a certain negative connotation attached to filing for bankruptcy, it is also an effective way for many people to get fresh new starts.
Filing for bankruptcy is one way in which you can discharge some of your tax liabilities. In fact, many IRS taxes, penalties and interest qualify for complete 100% discharge
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An employer’s obligation concerning payroll taxes is twofold: 1. withhold the proper amount of payroll taxes from all employees 2. pay the taxes owed to the IRS with the withheld money.  The downfall of many businesses is when they use collected payroll tax money to pay their operating expenses.  When a business owner avoids turning over the payroll taxes to the IRS, they may not realize the amount of penalties and interest
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We are in a recession. This is no news. But you may be surprised to know that the IRS is taking the current poor economic state as an opportunity to double and triple their efforts to collect taxpayers’ back taxes and outstanding debts.
Why? Have a look at the video below where I quickly summarize the current economic condition and why taxpayers who owe the IRS need to get expert tax help now and
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September was a busy month! In addition to sharing our regular tax relief news on our website and blog, our team at Tax Resolution Services also launched a series of short tax help videos on Youtube to reach even more taxpayers in need of tax resolution.
So with October just rolling in, I’d like to take a moment and recapture some of our top blog posts from September, just in case
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One of our clients, Brenda V., a taxpayer from West Covina, CA, owed 6 years’ worth of back taxes to the IRS –  amounting to more than $38,000 before qualifying for a tax settlement of $582 through the IRS Offer in Compromise (OIC) program. The OIC program enables a taxpayer without the means to pay off IRS debt to permanently settle that debt for less than the amount owed.
Brenda V.
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One of the most desirable options offered by the IRS to financially strapped taxpayers who owe back taxes is its Offer in Compromise program (OIC).
Those who qualify for OIC will be able to settle their tax debt for a sum far less than the amount owed. However, taxpayers need to know that successfully negotiating an OIC, as tax professionals readily admit, is a complex, document-heavy negotiating process that rarely should
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As an industry leader in tax relief, our team at Tax Resolution Services continues our commitment to serving and educating taxpayers by launching IRS tax relief videos on YouTube. The videos are designed to help inform and educate both businesses and individuals who find themselves in trouble with the IRS.
You’re probably not surprised to hear that YouTube is the second largest search engine in the world next to Google, with
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While it’s important to stay away from tax relief scams that sound too good to be true, it’s also equally if not more important to hire a tax relief firm that is credible and well-qualified. If you get the best team together to fight for you, you will be maximizing your chances of settling your IRS tax debt for good while not paying a penny more than you have to.

I
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Offshore banking is not the answer to evading taxes.  Offshore bank accounts- such as those with Swiss banks – have been glamorized in many movies and tv shows as the solution to stashing away extra cash with the idea of avoiding taxes.  If you haven’t been keeping up with the headlines, you may be surprised to find out that the IRS won an agreement that has given them access to an
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Are you staying up late at night because you don’t have enough money to pay off your tax debt? Are you worried that your tax problems will only get worse but have no idea how to resolve it?
Did you know that you don’t have to live like this? 1 in 6 Americans has tax problems–so you’re definitely not alone. Find comfort in the fact that there is an array of
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What’s an Emergency Room for people with IRS tax problems?
Try the most credible tax relief firm with incredible results. For more than 13 years I’ve helped saved people from financial crisis – enabling and empowering them to turn their lives around so they can sleep at night and plan for a home and retirement for themselves and a future for their kids. That’s why people in crisis seek us out.
Tax
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