President Obama has decided to give the IRS an extra $1.1 billion in the 2012 budget to create an additional 5,000 jobs for the IRS to go after tax delinquents.
According to a recent Bloomberg article, this increase in the budget to $13.3 billion will allow the IRS to focus on fighting tax evasion and to seek out fraudulent tax preparers.
Furthermore, almost half of the increase ($460 million) would support the
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Wake up consumers, it’s now February! That means you’ve got less than 70 days till THE tax day–you ready? While this year the tax deadline is April 18th instead of the usual 15th (Emancipation holiday in Washington D.C), that doesn’t mean you really have “more time” to get your ducks in a row.
This is why I am happy to return to the Big Biz Show this year with the Tax
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It’s that time of the year again! Tax day is fast approaching and for those who like to procrastinate, this show is for you.
Like I did last year,  I will be appearing regularly on the Big Biz Show from now until tax day to dish the hottest and most pertinent tax help tips to consumers all across America. The Tax Resolution Tax Day Countdown is kicking off this upcoming Wednesday,
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Think America’s royal family – celebrities – receive special treatment for the IRS? Ask the many celebrities who landed in tax trouble in 2010.
Her name is Jaime Pressly.
She’s best known for her role in the TV show My Name Is Earl.
You’ve seen her. She’s the pretty blond in the show, Earl’s ex-wife with a southern accent so annoyingly shrill no polite southerner would keep her company.
Pressly is funny, to be
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Whether you are famous or not, owing back taxes is a serious offense that the IRS does not take lightly.  If you owe back taxes, and the IRS has filed a tax lien or levy against you, now is a good time to act on it.  A Certified Tax Resolution Specialist can help you sort through your back tax problems, including filing an IRS Collection Appeal to stop the tax
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I’d like to share with you TRS’s major accomplishments from 2010, from being honored as at the Inc 500|5000 Awards to endorsements from Glenn Beck and Sean Hannity. Being the nation’s leading tax relief firm, we are very proud to recount highlights from 2010 including the following:

Tax Resolution Services, Co. Honored at Inc 500|5000 Awards Ceremony in Washington, DC. TRS was recognized at the Inc. 500|5000 conference for its debut
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As people look to improve their overall health and well being in the coming year by making better choices and smarter decisions, one of the best resolutions you can make involves exercising sound judgment when it comes to your financial fitness, especially if you owe back taxes or other tax debt.
Your New Year’s resolution should be to make an appointment with a qualified tax relief professional and settle, once and
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On a recent interview with Deborah at RTTNews.com we discussed the new types of incentives that can be great tax help for our clients in 2011. Here is a brief run through of some of the tax relief solutions that I  touched on during my interview and where you can find more information on each one:

Green energy or anything that is environmentally friendly. Read more about 2011 green tax incentives
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Need more proof that the IRS is unrelenting when it comes to collecting unpaid back taxes? A recent article by the Associated Press reveals that “the IRS filed nearly 1.1 million liens in the budget year that ended in September, a 14 percent jump over the previous year.”
For those who are unfamiliar with tax liens, they are essentially punishments for taxpayers who have fallen behind on their taxes for years.
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Happy New Year!
By the time you read this, you’ll have rung in the New Year. So what about those New Year’s resolutions? Spending more time with loved ones? Working less? Getting in shape with a new gym membership?
Those are the standards, right? They’re good ones: We should all spend more time with loved ones, work less, and be in better shape.
But if you’re one of the thousands of U.S. taxpayers
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This holiday season, taxpayers may want to give gifts to family members or charitable institutions that help them make the most of allowable tax deductions and tax benefits. Unfortunately many people have made mistakes giving in ways that get them on the IRS naughty list. Learn more about how to save on your tax bill while keeping you out of IRS tax trouble with these IRS-friendly gift-giving tips.
Many individuals
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According to recently released statistics, IRS audits have jumped a whopping 11% this year-targetting the wealthiest and business owners.
According to CBSNews, “the IRS examined more than 1.58 million individual returns in the budget year that ended in September, up from 1.43 million the year before.” With people whose incomes were more than $1 million, about a little over 8% were audited while the overall audit rate for individual tax returns
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Is any publicity really good publicity?
This year alone, celebrity tax woes has caught taxpayers’ eyes from coast to coast and even abroad. Earlier this month, our team’s national tax expert Brian Compton was quoted in HowStuffWorks on how celebrities get in IRS trouble and why average taxpayers need to beware.
According to the HowStuffWorks article, celebrities meet their tax problems in various ways: “the oblivious (Nic Cage: I’m just an entertainer!),
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As 2010 is drawing to a close, what can business owners do to wrap up the year and prepare for tax day 2011? As always, it’s much better to get all your ducks in a row before the new year starts than to wait till March rolls around. So here are some expert tax help tips for the year’s end:
(1) Get Organized. Allow enough time to get your “stuff” in
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The IRS may not be at the top of many people’s lists of things to be thankful for this year, especially with its record $5.5 billion enforcement budget. However, there are still many reasons to be thankful for America’s tax revenue agency…seriously! Read on…
The IRS has a tough job to do, and it does it better, and more fairly than many governments across the globe. For those struggling with tax
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