Posts Tagged ‘Back Taxes’
Thursday, December 29th, 2011
For those who owe the IRS back taxes, you will want to take note before the new tax year. There is a new tool in the IRS tax collection arsenal poised to better recover unpaid taxes, detect tax fraud schemes, and reduce the number of fraudulent refunds the agency pays out than ever before. An Information Week article “IRS Uses Analytics to Help Collect Delinquent Taxes”, announced news of the
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, failing to file federal tax return, IRS debt, IRS enforcement, IRS help, IRS payment plan, IRS tax problems, RS back taxes, tax attorney, tax help, tax lien, tax problem, tax problems, tax professional, tax relief, tax settlement, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, General Business, IRS payment plan, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help | No Comments »
Friday, December 23rd, 2011
This Tuesday, a deadline passed in which 11 Swiss banks were given an IRS ultimatum to hand over account information and pay billions in fines to avoid US tax evasion prosecution. However, what the banks have not divulged are the claims that they would also have to provide all correspondence of their offshore clients over the last 11 years. An online article from “US tax “ultimatum” has Swiss banks sweating”
Tags: Back Taxes, certified tax resolution specialist, Foreign Bank and Financial Accounts (FBAR), IRS enforcement, IRS payment plan, IRS penalties, irs problems, tax attorney, tax cheat, tax evasion, tax expert, tax help, tax problems, tax settlement
Posted in 365 Ways to Keep the IRS at Bay, Expert Help From Tax Attorney, Offshore Tax Settlements, Seeking Professional Tax Help, Voluntary Disclosure, tax help | No Comments »
Thursday, December 22nd, 2011
In a story straight out of a Hollywood movie, the estate of the late heiress, Huguette Clark has been shrouded in controversy since her death this May at age 104. Not only has her estate been slapped with $50 million in IRS penalties, her trusted financial advisors are facing allegations of tax fraud by the office of the public administrator of New York County. Born in 1906, the youngest child
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, FALSE TAX RETURNS, filing false federal tax return, IRS enforcement, IRS penalties, irs problems, IRS tax problems, tax attorney, tax relief, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Unfiled Returns - Delinquent Tax Returns | No Comments »
Tuesday, December 20th, 2011
Many Americans like preparing their taxes every year; it helps them feel in control of their finances and they don’t want to pay someone else to do it. With a tough economy still lurking and the availability of low-cost often free tax preparation software, many are inclined to cut their basic costs, and doing their own taxes is one place they believe they can save. If a taxpayer has a
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, income tax relief, IRS debt, IRS enforcement, IRS help, IRS penalties, irs problems, IRS tax problems, tax attorney, tax debt, tax evasion, tax help, tax problems, tax relief, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Banking & Finance, General Business, IRS help, Offshore Tax Settlements, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, Voluntary Disclosure, Working with the IRS, income tax relief, tax help | No Comments »
Tuesday, December 20th, 2011
Washington Redskins wide receiver Santana Moss has had an up and down week. On Sunday, Moss caught two passes for 40 yards with a touchdown in the Washington Redskins’ 23-10 win over the New York Giants. On a down note, the Detroit News reported that the elite receiver owes the IRS $258,017 in back taxes. According the source, the IRS filed a tax lean in November against Moss’s $5.2
Tags: Back Taxes, Celebrity Tax Woes, News, Santana Moss, Washington Redskins
Posted in Celebrity Tax Woes | No Comments »
Friday, December 16th, 2011
Every year, millions of taxpayers fail to file their federal taxes by the April 18 deadline. This inaction inevitably leads to paying more in the form of unnecessary fines and penalties on top of the taxes owed. Even those folks, who filed an extension, are still responsible for filing the taxes owed plus penalties for the delay. Depending on the tax amount due, continuing to neglect to file yearly tax
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, failing to file federal tax return, income tax relief, IRS enforcement, IRS payment plan, IRS penalties, irs problems, tax problems, tax relief, tax resolution expert, tax settlement, Tax Tips, unfiled tax returns
Posted in Tax Problem FAQs | No Comments »
Thursday, December 15th, 2011
The IRS has created its own storm of controversy by going after US Citizens worldwide to collect their taxes. But from the nearly one million American citizens who live and work in Canada, the IRS received a stern message: clarify the regulations for tax compliance. Initially, many law-abiding citizens living abroad who failed to file US tax returns or declare financial holdings were simply unaware that they needed to do
Tags: (OVDP) Offshore Voluntary Disclosure Program, Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, failing to file federal tax return, IRS enforcement, IRS payment plan, IRS penalties, IRS tax problems, tax resolution, tax resolution expert, tax settlement, unfiled tax returns
Posted in Tax Problem FAQs | No Comments »
Tuesday, December 13th, 2011
The IRS is busy scrutinizing the hallowed halls of higher education. A recent article written by Michael McDonald of Bloomberg News, reports on IRS’ stepped up enforcement of non-profit colleges and universities across America to properly report income from all revenue streams. The American academic community is seeing first-hand the strong arm tactics of the IRS including the beloved Harvard University and the hotel it owns overlooking the Charles River.
Universities
Tags: Back Taxes, delinquent taxes, IRS debt, IRS enforcement, IRS help, IRS tax problems, non-profit organizations, Nonprofit Business Taxes, tax professional, tax relief, tax settlement, unrelated business income
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS Tax Cases, IRS Times and Inquirer, Tax news and tips | No Comments »
Friday, December 9th, 2011
I thought we’d take a literary detour from tax resolution for a moment to point out two novels written this year (just in time for the holidays) that feature a character we are all familiar with: the IRS. The novels: “Ghost Lights” by Lydia Millet and “The Pale King” by the late David Foster Wallace, feature main characters who work in or around the IRS in rote, overly analytical duties
Tags: Back Taxes, certified tax resolution specialist, IRS debt, IRS novels, tax advice, tax problems, tax resolution, tax resolution expert
Posted in Ask the Expert, General Business, Tax news and tips, tax help, tax resolution | No Comments »
Friday, December 2nd, 2011
If you are considering seeking expert tax help for your back taxes or IRS problems, you might be feeling overwhelmed by the sheer amount of tax attorny and tax relief agencies available. Don’t rush into selecting the first tax resolution service that claims to rid you of your IRS debt for life. That is probably a scam and could cost you a lot more in addition to what you already
Tags: Back Taxes, i need tax help, income tax relief, IRS debt, IRS help, irs problems, IRS tax problems, tax advice, tax attorney, tax problems, tax relief, tax resolution expert, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Business Services, Expert Help From Tax Attorney, General Business, IRS help, Seeking Professional Tax Help, Tax Scams, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Wednesday, November 30th, 2011
If you owe back taxes to the IRS, the Offer in Compromise could be the solution to a debt-free life. The Offer in Compromise program does not make outrageous claims – it is a tool that consumers can use to reduce and eliminate their debt, if they qualify.
The Offer in Compromise is not a free gift from the IRS. It can however significantly reduce your debt. The IRS offers this program
Tags: Back Taxes, IRS debt, IRS help, Offer in Compromise, tax advice, tax attorney, tax expert, tax help, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Wednesday, November 30th, 2011
As a certified tax resolution specialist, I have said it many times before; it never pays to hide from the IRS. Nowhere is that more apparent than with the government crackdown on off-shore tax evaders. The creation in 2010 of Foreign Account Tax Compliance Act (FATCA) set into motion serious U.S. efforts to combat tax evasion by U.S. taxpayers with investments in offshore accounts. Not only do FATCA regulations have
Tags: Back Taxes, certified tax resolution specialist, Foreign Account Tax Compliance Act (FATCA), Free Tax Consultation, IRS enforcement, IRS help, IRS payment plan, IRS penalties, irs problems, IRS tax problems, off-shore accounts, offshore tax evasion, tax attorney, tax attorneys, tax cheat, tax resolution expert, tax settlement
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS help, Tax Problem FAQs, Tax news and tips | No Comments »
Friday, November 25th, 2011
I hope everyone had a great Thanksgiving. With the holidays upon us, our attention shifts to spending more quality time with family and friends. As you take time off at the end of the year, it can be a great opportunity to do a little preparing for the new tax season just around the corner. The first order of business should be to protect your important documents by completing the
Tags: Back Taxes, certified tax resolution specialist, filing false federal tax return, IRS audit, IRS audits, irs problems, IRS tax problems, tax expert, tax help, tax problems, tax professional, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Tax news and tips, tax help | No Comments »
Tuesday, November 22nd, 2011
As 2011 slowly draws to a close, the IRS wants to remind homeowners that there is still time in the year to take advantage of the tax relief of home energy credits. The Nonbusiness Energy Property Credit is available for homeowners who have installed or are installing energy efficiency improvements to their home before the close of the year. Installations such as new windows, insulation and furnaces can help qualify
Tags: 2011 tax relief, Back Taxes, Home Energy Credit, homeowner tax tips, income tax relief, irs news, IRS tax tips, irs.gov, nonbusiness energy property credit, tax attorney, tax relief, tax relief credit, Tax Tips
Posted in IRS help, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Sunday, November 13th, 2011
John Ivaldi, 59, of Palm Bay, Fla., and formerly of South Windsor, Conn., pleaded guilty to federal charges and was sentenced to three months in prison, to be followed by three months of home confinement and one year of supervised release, for failing to pay more than $123,000 in federal income taxes.
According to court documents and statements made in court, Ivaldi formerly owned and operated two businesses, Clean Fix Company,
Tags: Back Taxes, failing to pay federal income taxes, tax cheat, tax evasion, tax resolution services
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »