Are there ways to be a responsible taxpayer?  Yes there are – even if you have been irresponsible in the past.  A qualified tax professional can help you clear up back taxes owed and prepare you for the future.  If you have a large back tax debt and want to square it away, Tax Resolution Services will first help you file any delinquent tax returns and then will assess your eligibility for
[Read More]

Many consumers out there may feel that being rich and wealthy spares you from having to worry about taxes and the IRS coming after you. However, in recent years the case has been quite on the contrary. The IRS have been gradually increasing their audits of high income consumers. Wealthier taxpayers may find themselves being audited as the IRS increases their enforcement efforts and cracks down on back taxes owed
[Read More]

Filing a false tax return is not the way to resolve your tax woes.  If you feel over your head in back taxes, seek professional tax help for tax relief.  Tax Resolution Services’ expert tax team has helped consumers file delinquent tax returns, set up IRS payment plans, secure IRS Offer in Compromise settlements (for qualifiying consumers) and much more!  Tax evasion, whether you are a city official or celebrity, is not the answer,
[Read More]

Armed with a large federal budget and under pressure to close the whopping $345 billion tax deficit, the IRS has increased audits by 11% last year-targeting both consumers and business owners.
Last week I sat down on the Big Biz Show to continue the Tax Day Countdown and to share some top red flags that trigger IRS audits. So here are some things to watch out for:

Hire a professional. On average,
[Read More]

The year 2010 was a banner one for the enforcement wing of the IRS. As reported by the Associated Press and other news organizations, the IRS increased the number of returns it audited by nearly 11 percent last year—some 1.58 million individual returns, compared to 1.43 million the year before.
Steve Miller, IRS deputy commissioner for services and enforcement states in the AP report, “We saw individual audits increase, reaching the
[Read More]

If you have failed to file your taxes, you may be charged with a misdemeanor or potentially a felony and it is punishable by a hefty fine and, sometimes, prison time.  What most people do not realize is that you have a right to file delinquent tax returns, no matter how late they are.  Instead of fretting that the IRS is going to come after you, get your tax paperwork
[Read More]

With the holidays in full swing, tax season is right around the corner. In this time of troubled national and local economies, more Americans are finding themselves delinquent on their taxes and facing increasingly aggressive collection efforts by the IRS.
At TRS we suggests four strategies to avoid and resolve IRS problems before they multiply.
* File a return on time even if you do not have the money to pay the
[Read More]

Every year, hundreds of thousands (potentially millions) of taxpayers fail to file legally required tax returns. The longer people put off filing their tax returns, the more severe their IRS tax problems become. An important step in avoiding IRS tax trouble is to understand how the IRS approaches delinquent tax return penalties. Read on to learn more.
———–
Question: I filed my tax return late and was shocked when I saw my
[Read More]

Did you know: Congress has pumped an additional $400 million into the IRS enforcement budget for fiscal year 2010.
This allowed  the IRS to add 4,000 to 5,000 new revenue agents to assess and collect taxes. The International Monetary Fund has even gone as far as to call the United States bankrupt. With the U.S. fiscal gap growing and the IRS going after delinquent taxpayers to increase tax revenue, there is
[Read More]

Celebrities have been making a splash in the news lately; we’ve seen celebrities like Reggie Bush, Paul Hogan and Wesley Snipes make headlines for evading their tax obligations. While the media spotlights celebrity tax evasion stories, it’s not just the rich and famous who end up targeted by the IRS.
It’s a huge mistake to believe that the IRS only goes after the big fish. The truth is, the IRS is
[Read More]

We’re one week into October and you know what that means? October 15th isn’t that far off. For those of you who filed for a tax extension deadline, now’s the time to get all your ducks in a row so that you’re prepared come next Friday.
As part of our dedication to educating taxpayers on their tax relief options, I’ve compiled a list of our top tax help blog posts here
[Read More]

It is a taxpayer’s worst nightmare. Faced with sizable back taxes and the IRS on the chase, a taxpayer signs on with a big-promise tax relief firm, only to be saddled with onerous escalating retainer fees and no tax relief at all.
Not surprisingly, tough economic times have given rise to any number of tax resolution scam artists eager to take advantage of distressed taxpayers panicked by their IRS debt and
[Read More]

For those taxpayers who filed last April for an extension, time is running out to file any delinquent tax returns and avoid crippling IRS problems. However, if you were one of many who lack the funds to pay IRS back taxes in full, you may be tempted to not file a tax return at all. And that is a big mistake.
The worst thing to do is avoid tax obligations. I
[Read More]

Do you find dealing with the IRS frustrating? Intimidating? Time-consuming? How about all of the above? You’re not alone.
While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (specialized tax attorneys, CPAs, and Certified Tax Resolution Specialists) in order to maximize their chances of winning a tax settlement while minimizing their contact with the IRS agents.
So what are some of the tax relief
[Read More]

Our friend, lawyer and nationally recognized radio host, Bill Handel doesn’t mess with two people – the IRS and his wife! He admits he’d rather have his wife come after him than the IRS. If you owe back taxes, you wouldn’t want to take your chances with the IRS! Check out the video below, where Bill offers excellent tax advice to thousands of listeners on his radio show Handel on
[Read More]