Tax-collecting agency is questioning how many Americans have offshore accounts and how they’re being used
By Michael Rozbruch
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Have a bank account overseas?
Be sure to tell the IRS about it.
The U.S. tax-collecting agency asked Americans with overseas accounts to report them by June 30. If you haven’t done so, you could be in trouble.
Owing to globalization, more people in the United States have foreign financial accounts. There is nothing improper about setting
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I recently appeared on The Frank Pastore Show on 99.5 KKLA where we discussed the IRS audit letter and the wrong and right things to do when you get that ugly thing in the mail. If you have not filed taxes in a long time and/or if you have received the dreaded letter from the IRS read this post!
Did you know it is a misdemeanor in this country not to
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The California Franchise Tax Board has issued income tax rules for same-sex spouses.
Same-sex marriage has been valid in the state of California since May and UCLA’s Williams Institute on Sexual Orientation Law and Public Policy projected in June 2008 that about half of California’s more than 100,000 same-sex couples will wed during the next three years and 68,000 out-of-state couples will travel to California to exchange vows.
Just like in other
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Take my Trivia Challenge and you could win a $250 transferable Gift Certificate!
This is one of my favorite sections. Each month I’ll give you a new trivia question. The first THREE people who call my office with the correct answer win a free $250 reduction on any IRS service I provide. (One per client, please.) And best yet, your certificate is transferable. Use it yourself, or
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Thanks to YOU, the word is spreading.  Thanks to my clients and friends who graciously referred me to their friends, clients and relatives last month!  I enjoy building my business based on the positive comments and referrals from people just like you.
Keith Smuckler CPA and Frederick Greenblatt, Esp
                          I just couldn’t do it without you!

I have been running Tax Resolution Services, Co. for more than a decade now and the most rewarding part of my job is knowing that I have saved so many people from financial crisis and helped them turn their lives around.
Another thing I love about my job is traveling across the nation to appear at conferences and to be spotlighted as a tax expert on various TV and radio
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When Matt C. came to us for tax help, he owed the IRS nearly $40,000 in back taxes. A year after he retained us, he won an Offer in Compromise settlement for $1,500. And when the negotiated settlement was paid, all of Matt C.’s federal tax liens were released. �
This story just reminded me of the importance of seeking professional tax help when trying to qualify for an Offer in Compromise.
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Micaela Renee Dutson and her husband, Tony Dutson, were arraigned in federal court in Portland on charges that they conspired to defraud the United States of more than $8 million and failed to file income taxes. Both pleaded not guilty to all charges, and trial is set for August 5. �
The indictment alleges that the conspiracy, which began in 1997 and continued through at least October 2005, was intended to impede
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The Wall Street Journal reported that the IRS has come under fire for mishandling mail audits by a senior agency official— who is questioning the effectiveness of correspondence audits. A typical mail audit requires taxpayers to send documentation for items claimed on their returns, such as deductions for charitable donations.
But according to Nina Olson, the Internal Revenue Service’s National Taxpayer Advocate, many taxpayers have faced needless stress and aggravation when
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An Ohio man faces federal charges after not reporting as income proceeds from his illegally gambling and bookmaking business.
Prosecutors filed an information against Anthony Leoni Jr. of Auburn Township, Ohio, charging him with four counts of income tax evasion.
The information alleges that, during the years 2002 through 2005, Leoni conducted a sports-bookmaking operation and wagered on sporting events, and he failed to report all his income from this activity.
Specifically, the
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Four men were sentenced in South Dakota for filing false income tax returns. They are:
1. Kurt Bowers, 47, of Pierre, was sentenced to 36 months and ordered to pay $89,041 restitution representing his unpaid taxes from 1999. Bowers filed a federal income tax return listing his total income for 1999 as $53,009 when he knew the correct amount was approximately $238,373.08.
2. James Bowers, 67, of Pierre, was sentenced to 10
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An elected constable in York County, Penn., will move his campaign behind bars.
Kelly L. Deardorff, 42, of York, Penn., was sentenced to 13 months in prison and ordered to pay $124,072 in restitution for failing to file his federal income tax returns for the years 2001 to 2005.
Deardorff’s income came from York County, several district justices and private attorneys for serving legal documents, executing warrants and other related activities. Deardorff
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Beverly Ann Byers, 46, of Leeds, Ala., was sentenced to 33 months in prison and ordered to pay $249,454 in restitution to her former employer, Plateau Construction Company. As the bookkeeper for Plateau, she mailed 44 letters containing unauthorized company checks to herself and to pay her personal bills. These checks totaled $249,454, and she failed to report approximately $90,576 of the embezzled funds on her 2004 income tax return.

Kind words from a client:
“Tax Resolution Services (TRS) helped me when others could not, so hats off to you. This debt has been a dark cloud over my head until now. You have given me a future. Thank you”.
- R. Gould

Question: I owe a substantial amount in back taxes to the IRS, and the two programs I keep hearing and reading about are the Offer in Compromise and the Installment Agreement. What’s the difference?
Answer:  The difference is enormous, and determining which program is right for you will depend entirely on the amount you owe to the IRS and your current financial situation.
No matter which program is right for you, the
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