Posts Tagged ‘back tax’
Thursday, May 14th, 2009
The IRS has announced a six-month Voluntary Disclosure program that offers lower penalties to those who come forward and pay taxes due on the secret holdings in offshore accounts. Until now, the IRS could impose penalties of at least 50% for all years in which an account wasn’t disclosed. In some cases, that could exceed the value of the offshore holdings.
The announcement comes amid a U.S. legal battle to
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Tags: amending tax returns, back tax, filing tax returns, income tax relief, IRS help, IRS penalties, irs problems, IRS tax problems, Michael Rozbruch, off shore banking, quiet disclosures, tax attorney, tax evasion, tax expert, tax resolution, tax resolution services, UBS legal battle, Voluntary Disclosure
Posted in Tax news and tips, Voluntary Disclosure | 1 Comment »
Tuesday, January 27th, 2009
Every month I choose a very special Client Of The Month. It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Client Of The Month is Merlinda Metz.
When Ms. Metz contacted our firm, she owed the IRS over $85K. Our negotiations resulted in the IRS accepting a little over $2K, via the federal government’s
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Tags: back tax, Back Taxes, Offer in Compromise, Offers in Compromise, tax client, tax negotiation
Posted in IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Tax Client of the Month | 1 Comment »
Tuesday, May 13th, 2008
Corporate executives and Joe Six-Packs aren’t the only ones who face scrutiny and life-changing audits from the IRS. So does America’s Royal Family — our celebrities.
By Michael Rozbruch
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The life of a celebrity can be hard.
Ignoring the hefty paychecks and the clout to get on the top of a restaurant reservation list, celebrities have it rough.
They’re stalked by crazy fans.
They’re stalked by paparazzi feeding their not-so-flattering images into a celebrity culture
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Tags: back tax, Back Taxes, celebrities, delinquent taxes, Famous People with Tax Troubles, IRS audits, Joe Francis, Marc Anthony, Richard Hatch, wesley snipes
Posted in IRS Tax Cases | 6 Comments »
Saturday, December 29th, 2007
INSTALLMENT AGREEMENTS AND IRS PAYMENT PLANS
The IRS will always accept some type of payment arrangement for past due taxes. In order to qualify for a payment plan with the IRS you must meet the following rules and provide the IRS with this information:
You must have filed all tax returns (It’s OK to owe money but you must file).
You will need to disclose all assets owned including all
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Tags: back tax, Back Taxes, IRS Installment Agreements, IRS Payment Plans, Offer in Compromise, tax debt, tax definitions, tax expert, tax help, tax resolution
Posted in IRS Installment Agreements, Tax Help Definitions, Tax Problem FAQs, Tax Resolution Options and Alternatives, Working with the IRS | 1 Comment »
Wednesday, January 10th, 2007
You’ve made the first step. The hardest part in overcoming tax debt is coming to the realization that you want to finally eradicate that debt. Considering the amount you owe and your annual income, I realize that this tax problem can seem insurmountable. But trust me: It isn’t.
What you need to do is find a qualified tax professional. He or she will analyze your
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Tags: back tax, Back Taxes, i need tax help, Installment Agreement, IRS debt, Offer in Compromise, oic, seeking help, tax expert, tax help, tax relief, tax resolution
Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help | No Comments »
