Posts Tagged ‘delinquent taxes’

Need for Tax Relief Grows as Administration Proposes $1.13 Billion Increase to IRS Budget

Wednesday, March 23rd, 2011

According to Reuters news service, the Obama Administration’s proposed 2012 budget includes a $1.13 billion increase in funding for the IRS.  About $460 million of the increase, which brings the total IRS budget to a whopping $13.3 billion, is slated for tax enforcement programs. The increase allows the IRS to hire 5,100 new employees, most of whom will go after delinquent taxpayers both large and small.
I’ve come across too many
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IRS Tax Relief Efforts For Struggling Consumers Includes Changes to Lien Process

Tuesday, March 1st, 2011

While many consumers are still struggling to make ends meet in this current economy, the IRS recently announced changes to the lien process that is meant to give consumers “a break.”
According to the IRS press release, the lien process is going to undergo some changes, including:

Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens.
Making it easier for taxpayers to obtain lien withdrawals after paying
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Rush Limbaugh Tells IRS-Burdened Consumers “You Need Tax Resolution Services, Co. on Your Side”

Sunday, February 27th, 2011

As more IRS-burdened consumers are seeking relief from their tax troubles during a record year of federal spending on tax enforcement, Rush Limbaugh has endorsed Tax Resolution Services, Co. as a provider of solutions for taxpayers with IRS problems.
“If you owe $20,000 or more in back taxes, are under audit or have unfiled returns they can help,” said Limbaugh, one of America’s leading talk show hosts. “Tax Resolution Services will
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IRS Audits Reach Highest Level in Past Decade

Sunday, February 20th, 2011

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
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Tax Relief FAQ: Do Compliant Taxpayers Pay The Tax Debt For Delinquent Taxpayers?

Sunday, January 23rd, 2011

This is a good, logical question that many taxpayers have, understandably, asked before. The answer is a definitive ‘no’.
The IRS have had a considerable boost in their enforcement budget, allowing them to pursue all tax delinquencies, both personal and business finances. In many circumstances, the IRS is willing to accept less than the total amount owed by taxpayers, in order to bring them back into compliance. Usually these agreements are made with the help
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Tax Resolution Services Offers End-Year Tax Tips on San Francisco Examiner

Friday, December 31st, 2010

As 2010 is coming to a close, it is a wise move to start thinking about closing the tax year off right. At TRS we believe in taking action as early as possible, no matter what your tax debt situation is.  And we are not the only ones that think so! We were recently mentioned in The San Francisco Examiner under SF Small Business Examiner, A. Michelle Blakeley’s post: 23
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Tax Tweets from IRS Offer Timely Tax Help and Filing Tips for Taxpayers and Tax Professionals

Monday, December 13th, 2010

The IRS is fully integrating itself in social media. In keeping up with the times, our nation’s tax collection agency now offers timely tax tips, information on IRS programs like e-file, tax law changes and other quick snippets of information for taxpayers on its IRS Twitter @IRSnews. The IRS states the focus of its Twitter channel is to offer easy to use information and share timely content with taxpayers and the
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Top Tax Relief Blog Posts Including the Latest News on IRS Worker Classification, and Celebrity Tax Woes

Tuesday, November 9th, 2010

With only less than 2 months left before the year is over, I’d like to take a moment and re-capture some of our top blog posts from last month. These are the tax help blog posts that received the most visits–so in case you missed it the first time around, here comes the round-up:
What To Do Before the October 15th Tax Extension Deadline if You Need Tax Help for Unfiled
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Tax Relief Tips from Yahoo’s Associated Content: Get Expert Tax Help for Resolving Your IRS Problems

Tuesday, November 9th, 2010

Yahoo’s Associated Content is a great site that enables professionals and experts to share and publish their knowledge with millions of readers. This diverse community offers content from across the web, featuring contributors who offer expert content and information.
So I was honored when I got the news that Associated Content has recognized me as an expert Business and Finance Contributor based on my professional experience coupled with my library of informative and well-written
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Employee vs. Independent Contractor – How to Correctly Classify Workers and Avoid IRS Employment Tax Audits

Friday, October 29th, 2010

Employers must beware of the federal and state crackdowns on the use of independent contractors to avoid payroll tax problems and employment tax audits. But how do you distinguish between independent contractors and employees? More importantly, how does the IRS determine who owes unpaid employment taxes and who doesn’t? Consider these tips to make correct determinations of worker classifications and avoid the wrath of IRS audits for unpaid employment back taxes and
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Need for Tax Help Grows as IRS Seeks Funds to Bail Out Bankrupt Nation

Monday, October 25th, 2010

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
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Best of Tax Relief Tips as October 15th Tax Extension Deadline Approaches

Wednesday, October 6th, 2010

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
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Tax Relief News: FTC Orders American Tax Relief to Shut Down For Cheating Taxpayers Out of $60 Million

Wednesday, October 6th, 2010

And another one bites the dust–The Federal Trade Commission (FTC) requested American Tax Relief, a tax resolution firm based in Beverly Hills, California, to shut its doors due to deceptive business practices that cheated American consumers out of some $60 million.
According to the FTC news release, “…In TV, radio and Internet ads, American Tax Relief LLC falsely claims it can settle consumers’ delinquent federal and state taxes for a fraction
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More People Need Tax Relief for IRS Back Taxes Than Ever Before – Find Out Why!

Tuesday, October 5th, 2010

We are in a recession. This is no news. But you may be surprised to know that the IRS is taking the current poor economic state as an opportunity to double and triple their efforts to collect taxpayers’ back taxes and outstanding debts.
Why? Have a look at the video below where I quickly summarize the current economic condition and why taxpayers who owe the IRS need to get expert tax help now and
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Get Free Tax Help as TRS Launches Tax Relief Videos on Youtube

Thursday, September 30th, 2010

As an industry leader in tax relief, our team at Tax Resolution Services continues our commitment to serving and educating taxpayers by launching IRS tax relief videos on YouTube. The videos are designed to help inform and educate both businesses and individuals who find themselves in trouble with the IRS.
You’re probably not surprised to hear that YouTube is the second largest search engine in the world next to Google, with
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