During down economic times where money is scarce, having IRS tax debt is the last thing anyone needs on their plate. Yet, many Americans are staying up at night plagued by anxiety over their tax problems without knowing what to do.
We have recently launched TRS Files, which features real-life individuals just like you who found themselves being targeted by the IRS and their life-changing decisions to put their tax troubles
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As the economy continues to lag and taxpayers battle their anxiety over IRS tax problems such as back taxes, bank levies, and paying off IRS penalties, a Southern California competitor, Effectur, has officially shut its doors.
Due to the poor economy and a lack of cash flow to sustain normal business operations, Effectur announced its closure on its website that is lender has repossessed all company assets including money paid by
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I am so excited about a new TV campaign we’re running! It’s designed to help more people in need of tax help know that they’re not alone. If you haven’t seen the TRS Files, check out the video below. We feature real life tax relief clients who are being targeted by the IRS - like Patrick G.  who had owed the IRS $94,000 and had an IRS lien on
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Are IRS tax problems keeping you up at night? You can choose to resolve your problems today and have it all go away by getting expert tax help from TRS.
We’ve been featuring real life tax relief clients on the TRS Files to help people who are being targeted by the IRS get the help they need to resolve their back taxes and IRS debt. I recently shared the story
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This Thursday’s deadline for Amnesty has many wealthy Americans with foreign bank accounts nervous and scrambling to get tax help from their tax attorneys. Don’t miss your chance of significantly reducing your likelihood of facing criminal prosecution–if you have foreign bank accounts (either with UBS or some other foreign bank) with funds that you have not paid taxes on, get tax help now before it’s too late.
The issue started this
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To help taxpayers like you and me survive through this economic recession, the government is making efforts to put more money in the people’s pockets–especially those who make a low income, Social Security and Railroad Retirement beneficiaries, and recipients of certain veteran’s payments.
You can find out if you qualify to receive the economic stimulus rebate by checking out the Q & A on the IRS website.
The pre-requisite for anyone wishing
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Are you being targeted by the IRS? We know all too well that the IRS is never going to give up or go away, and the stress alone can be overwhelming. But there’s hope if you have tax debt. Check out these true tax resolution stories from actual TRS clients.
We know that IRS tax problems can cause an immense amount of fear and anxiety that keeps you up at night.
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Recently I appeared on the Big Biz Show with Russ and Sully to talk about how it is imperative for taxpayers to understand that it is better to send in a check for $5-$10 to the IRS with their tax return than to not file at all. Listen to my full interview on how to resolve and avoid back taxes.
As a tax attorney, I meet clients every day who
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I just read that Nicholas Cage owes a whopping $6 million in unpaid back taxes. And this isn’t the first time the actor has gotten in tax trouble.
The New York Post Reports:
A notice of a federal tax lien shows that the “National Treasure” actor made a serious dent in the national debt — allegedly stiffing the Internal Revenue Service out of $6.25 million he owed in income tax from 2007,
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If you owe back taxes, the IRS can make your life miserable by filing a tax lien against you. However, if you don’t have significant assets or available income from which to satisfy an IRS debt in part or in full - you could qualify to have your case placed under uncollectible status - a designation that takes your case out of collection, until you have the ability
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After his comeback fight with Juan Manuel Marquez, Mayweather Jr. agreed to pay the IRS $5.6 million in back taxes before the IRS took it out of his purse.
According to the LA Times, “the IRS sent the Nevada Athletic Commission a levy notice on Sept. 4 ordering Mayweather’s unpaid taxes from 2007 to be deducted from his $10-million fight purse.” Essentially, the IRS managed Mayweather’s cash flow for him by
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The IRS can be difficult to understand–they have a whole set of terminology that is not used in any other realm except the one concerning taxes. So on top of understanding your legal tax obligations, it’s also important to know what key tax terms mean. Resolving your IRS problems can be frustrating and complicated, but getting the tax help you need doesn’t have to be.
This combination of deciphering the IRS
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Failing to pay personal income taxes for three years, Grammy Award-winning hip-pop star Method Man turned himself into the Staten Island DA’s Office to face felony charges.
The Wu-Tang member whose real name is Clifford Smith has now added IRS criminal charges to his rap sheet.
Tax problems will find anyone who ignores their accumulating back taxes. It can be overwhelming to anyone who has back taxes but isn’t sure how to
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Lately, the rich and the famous who have been creatively evading taxes have been transformed by the IRS into the financially desolate and infamous.
The recent guilty plea by Joe Francis, founder of the soft-porn empire “Girls Gone Wild” demonstrates how omitting nearly $563,000 in interest tax can turn into 301 days in jail.
LA Times reports:
“Girls Gone Wild” founder Joe Francis pleaded guilty Wednesday to filing false tax returns and will
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The IRS is mercilessly going after small business owners for payments of payroll taxes–even when the business may be struggling to keep its light on.
In these tough economic times, the IRS is not so much concerned with how a business may be staying afloat, but how the business will pay all of its payroll taxes on time–even if it means levying their customers/clients. If you are in a situation where
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