Posts Tagged ‘delinquent tax returns’

In Ailing Economy, More Taxpayers Are Likely to Qualify for Offer in Compromise

Sunday, January 25th, 2009

Faced with overwhelming tax debt, more Americans than ever will be hoping to qualify for the IRS Offer in Compromise (OIC) program and save thousands of dollars in taxes, penalties and interest.
In 2007, approximately 46,000 offers were submitted to the IRS nationally and only 12,000 were accepted. This year, there will be more offers submitted this year, as well as a higher IRS acceptance rate due to the state of
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Tax Resolution Services Client Resolves $66,000 Tax Bill

Friday, December 26th, 2008

As the year is drawing to a close, I’d like to thank all our amazing clients who have come to us so we can help them solve their IRS problems. In the 11 years that I have been running Tax Resolution Services, I have helped save clients well in excess of $35 million while helping them turn their financial lives around.
This client testimonial comes from Bill, who was really sick
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Strictly Business – Insider Tax Tips and Advice for Entrepreneurship and Business Development

Monday, December 1st, 2008

Tune in to Strictly Business on BlogTalkRadio.com on Thursday, December 4 at 12:00 PM to learn about what you can do if you are a business owner or individual struggling to overcome your tax burdens.
Stop looking over your shoulder in fear of the IRS! Obtain the knowledge to be proactive in finding solutions to break free from the crushing burden of financial woe.
I will be discussing some insider secrets of
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FedEx Pilot Pleads Guilty to One Count in Tax Evasion Case

Friday, November 7th, 2008

A FedEx pilot, charged with six counts of income tax evasion, pleaded guilty to one of those counts.
According to the indictment, Michael D. Mason, 51, of Cordova, Tenn., failed to file income tax returns for calendar years 2000 to 2004. Additionally, the indictment alleges that Mason failed to pay the IRS income tax due and owing and concealed or attempted to conceal his true and correct income from the IRS.
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Are you struggling to make ends meet each month? Do you owe the IRS $10,000 or more in back taxes?

Friday, October 31st, 2008

Times are tough right now for so many hard-working Americans. But if you can see this as a good opportunity to re-assess your situation and get the help you need with your IRS tax problems, then you might be able to turn your situation around for the better.
And you don’t have to take my word for it. Listen to what legal expert Bill Handel has to say about how our
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Penalty Abatement Can Save You Money – Even if You Suffer from “Failure To File” Syndrome

Friday, October 24th, 2008

Yesterday I wrote about Charles J. O’Byrne, the top government aide who claims that his 5 years of tax debt amounting to $300,000 was a by-product of his bouts with depression and a condition that makes it difficult for him to fill out his tax returns.
Tax evaders have been claiming to suffer from “failure to file syndrome” for years – even though it’s really not likely to hold up in
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Top Government Aides Uses “Failure to File Syndrome” As Defense for IRS Tax Problems

Thursday, October 23rd, 2008

New York Governor David A. Paterson’s top aide recently made headlines for his failure to file and pay his taxes for 5 years, from 2001 to 2005.  While Charles J. O’Byrne has paid the $300,000 in back and federal taxes he owed, his lawyers said that the aide had problems with depression and suffered from failure to file syndrome, “a condition that made it difficult for him to fill out
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Teen Tax Pros – Dons Net Cafe

Wednesday, October 15th, 2008

Great work in preventative tax maintenance came across my desk today in the form of a funny (but informative) video about a tax filing service run by teens at Santa Barbara high school.  Don’s Net Cafe is a Virtual Enterprise Company through Santa Barbara High school that unites young entrepreneurs to make the world a better place through responsible entrepreneurship based on ethics and environmental respect. They have free tax filing services and I
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Former U.S. Treasurer on List of Notorious Tax Delinquents

Tuesday, May 6th, 2008

USA today reported that the government is still unable to collect taxes from these very public figures and big name celebrities.
Singer Dionne Warwick is $2.7 million behind on her state taxes, according to the California Franchise Tax Board. The IRS has placed more than $1 million in tax liens against the Psychic Friends Network host for unpaid federal taxes.
Fox News analyst Dick Morris has a $1.5 million lien filed against
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Wesley Snipes Gets 3 Years in Prison for Not Filing Tax Returns

Friday, April 25th, 2008

The star of over 50 films including the “Blade” vampire trilogy has recently found himself playing a different role—the defendant in the most prominent tax prosecution in decades (since billionaire hotelier Leona Helmsley was convicted of tax fraud in 1989).
Wesley Snipes was sentenced to three years in prison yesterday for willfully failing to file tax returns. While he had argued for leniency, federal prosecutors sought the maximum penalty possible. In
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Guide to Tax Resolution: Solving IRS Problems

Friday, January 4th, 2008

Continuing education courses for tax attorneys and CPA’s.
Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. This guide can help hundreds of individuals and business with their IRS Collection Problems. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes – often for pennies on the dollar. The
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