Posts Tagged ‘Back Taxes’

Income Tax Help: IRS Won’t Let You Off the Hook Just Because You Claim Sovereignty

Wednesday, February 10th, 2010

Employers trying to avoid IRS payroll tax problems may encounter a different challenge: employees disputing tax withholdings.
Sometimes the line between a contractor worker and an employee may get blurred–as an employer as well as employee, it’s important that you clarify your work status before you file your taxes each year. This will help you avoid IRS problems down the line and will also ensure that you won’t have accumulated back
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Tax Help For Offer in Compromise Applicants: New IRS Changes to Processing

Friday, February 5th, 2010

For taxpayers who are filing for an Offer in Compromise,  the IRS is undergoing policy changes that have positive effects on your application.
Prior to the most recent changes, offer in compromises are difficult and complex procedures that are more often rejected by the IRS for one reason or another than accepted.
However, news below suggests that while the IRS is not substantially increasing its “acceptance rate”, it is making efforts to
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Ask the Tax Expert: Back Taxes Gone Forever? How to Get the IRS Off Your Back For Good

Friday, February 5th, 2010

Got a question for our tax expert? Call our office at 1866-IRS-PROBLEMS or visit www.taxresolution.com
In these economic times, it is very likely that many taxpayers may have fallen behind on their taxes. The tricky part about owing the IRS money is that when they ask you to pay up, you end up owing them more than just your back taxes–you will also need to pay extortionate amounts of penalties and
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Tax Help News: IRS Enforcement to Get Priority, Big Bucks in 2010

Tuesday, February 2nd, 2010

Congress is sending another $12.2 billion to the IRS this year. Most of the money will be used for enforcement. It’s time to watch out.
The United States Congress is finally putting to use the old cliché: its money where its mouth is.
That is to say, while Congress has always had a loud bark regarding tax cheats, its members haven’t always been eager to spend money on the bite.
That changed in
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Tax Help For Offshore Account Holders as Swiss Government Seeks to Salvage UBS Agreement

Friday, January 29th, 2010

Taxpayers with foreign bank accounts must stay on top of the game when it comes to paying taxes and disclosing foreign funds.
If you have undisclosed foreign funds or if you have accumulated back taxes on your overseas money, now is the time to seek tax help from a tax attorney or Certified Tax Resolution Specialist to resolve your IRS problems before they become any worse.
Due to the severe nature of
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Your Unfiled Delinquent Tax Return Checklist: Stop the IRS Now and Avoid Steep Interest and Penalties from Accumulating

Thursday, January 28th, 2010

Unfiled delinquent tax returns can weigh on you like a disease. Every unfiled delinquent tax return eats at you, year after year, compounding fear until you feel hopeless. So if you’ve got a late delinquent tax return, follow the simple steps outlined in this unfiled delinquent tax return checklist and get expert help from a tax attorney or a Certified Tax Resolution Specialist to check the IRS off your worry
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IRS Debt Relief News: Miami Businessman Guilty of Filing False Tax Return

Wednesday, January 27th, 2010

Taxpayers need to be careful about getting their numbers crunched correctly for their 2010 tax returns. As the government grows more desperate for revenue and as the IRS steps up its game to collect more taxes, this is no time for the taxpayer to “neglect to pay certain taxes.”
A recent case involved Jesus Mena, of Miami, who pleaded guilty to filing a false income tax return for an S corporation
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Retire Your IRS Back Taxes Forever: How Tax Resolution Services Helped Save a Taxpayer $130,000

Wednesday, January 27th, 2010

A man from Tennessee who owed the IRS $136,000 in back taxes, is now debt free thanks to our team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists.
In 1998, Lloyd S. faced an overwhelming tax debt of $136,000. After years of trying to handle his tax problems on his own with no success, he heard about our tax resolution services on Bill Handel’s radio show and he made
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Release Your IRS Bank Levy: How a Tax Attorney or Certified Tax Resolution Specialist Can Give You an Advantage

Tuesday, January 19th, 2010

I’ve recently blogged about what an IRS bank levy is and why you as the taxpayer must act immediately to get tax help from a tax attorney, CPA, or Certified Tax Resolution Specialist in order to save your financial well-being.
Now I want to go into more detail about just how a tax attorney can help you release your IRS bank levy. The IRS does provide some guidelines on bank levies
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Back Taxes Owed by Minnesota Businessman Facing 5 Years in Prison Amount to Over $332k

Tuesday, January 19th, 2010

Failing to file a federal tax return does not mean that your taxes owed simply go away.  These taxes turn into back taxes and when the IRS figures it out, you will be facing BIG trouble including fines and prison time.  If you owe the IRS back taxes, Tax Resolution Services can help settle your tax debt, even if you can’t afford to pay the back taxes that you owe.  A Certified Tax
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Don’t Settle for a Busy Signal if You Need Tax Help: IRS Can Only Service 70% of Taxpayer Phone Calls

Monday, January 18th, 2010

A recent report from DetNews reveals that the IRS is expected to be unable to serve 30% of in-bound callers to its toll-free helpline.
According to the IRS, its service helpline has seen an increase of calls in the past two years from taxpayers who need tax help while filing their income tax returns. Many of these taxpayers have inquiries about the temporary tax breaks passed by Congress or general questions
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Owe Back Taxes? Worry Not: Ten-Year Statue of Limitations Could Dissolve Your IRS Debt

Thursday, January 14th, 2010

If you owe the IRS back taxes, there is hope that you may not have to pay all of it back if you wait long enough.
Many taxpayers are unaware of the 10-Year Statue of Limitations the IRS must abide by. From the date of your assessment to the ten year mark is the only time the IRS can hold you accountable for payment of your back taxes or unpaid income
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Tax Help For Taxpayers: IRS Plans to Simplify Tax Collection Notice Letters

Thursday, January 14th, 2010

Good news are on the horizon for taxpayers that are tired of confusing IRS notice letters.
In an act of self-assessment, the IRS is planning to change the confusing and consequently inefficient notice letters it sends out to thousands of taxpayers every year. As the IRS gears up its team of aggressive tax collectors to go after unpaid back taxes and income taxes, it is also making efforts to help taxpayers
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Tax Help Advice For 2010’s Tax Season: Beware of Tax Preparer Penalty to Avoid IRS Problems

Thursday, January 14th, 2010

Recently I was featured in CPA Magazine along with an elite selection of other top CPAs and tax experts to offer tax help and advice to taxpayers like you to prepare for the upcoming 2010 tax return filings. In light of the fast-approaching 2010 tax season, I want to draw your attention to a few things that you need to know about new IRS regulations for tax preparers.
If you didn’t
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Back Taxes Owed by Joe Francis of Girls Gone Wild Warrants IRS to File Tax Lien for $33 Million

Wednesday, January 13th, 2010

Owing back taxes to the IRS won’t go unnoticed, even if you are infamous with millions in your bank account.  The IRS makes no exceptions and sooner or later, if you owe back taxes, you will be hit with an IRS tax lien.  IRS tax liens are no fun and are inescapable by hiding in your house and watching “Girls Gone Wild” videos!  IRS tax liens are public records and show up
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