Posts Tagged ‘i need tax help’

Man Indicted on Filing False Tax Returns

Friday, September 26th, 2008

Furqan Mian Mehmood, 39, of Boise, Idaho failed to report income from two corporations on his tax returns.According to the indictment, Mehmood is a native of Pakistan who worked as a real estate broker and agent in Boise and formed two corporations through which he conducted his real estate transactionsToo bad he didn’t think “I need tax help”, because then maybe he would have not been charged with two counts
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California Woman Pleads Guilty to Tax Evasion Charge

Monday, August 18th, 2008

California resident, Marjan Pousti, pleaded guilty to attempted tax evasion for the 2005 tax year. Pousti and her husband operated a cosmetic surgery business in San Diego County. Pousti was in charge of handling the books for the business. According to court records, Pousti concealed cash income that her cosmetic surgery business received from the IRS. She used the cash payments to purchase money orders to pay bills, including
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Make Sure Your Cash Investments are FDIC Insured

Tuesday, August 5th, 2008

  Here’s another excerpt from my recent appearance on the Frank Pastore Show on KKLA 99.5, giving some important investment tips:

When an FDIC-insured bank or saving association fails, like IndyMac, the FDIC protects you against the loss of your deposits. Most people think that they can have 100K in a husband’s name, 100K in a wife’s name, and 200K jointly. But you can’t, the basic insurance amount is 100K per depositor per insured bank.
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Tax Problem FAQ: How Do I Know When I Need Professional Tax Help?

Friday, December 28th, 2007

HOW TO DETERMINE WHEN A TAXPAYER NEEDS PROFESSIONAL HELP
Can the taxpayer handle their own case?
A Taxpayer may always represent themselves before the IRS. However, many taxpayers find dealing with the IRS frustrating, time-consuming, intimidating or all of the above.
The disadvantages of a taxpayer representing themselves are many:

The taxpayer does not have the professional’s expertise or know what the options are or how
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Tax Problem FAQ: How Do I Resolve a Problem with the IRS?

Friday, December 28th, 2007

Working with the IRS To Resolve the Taxpayer’s Problem
One of the most frequent and frustrating aspects of working with the IRS is being transferred from person to person while trying to resolve a tax related problem. Sometimes, this arises as a result of the practitioner either not understanding the central issue or failing to accurately assess which section of the IRS is responsible for addressing the issue. However, the
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Since the New Year has rolled around, I’ve made myself a promise: I want to get rid of my tax debt. I owe about $140,000 in back taxes and now earn about $65,000 per year (with no savings). I don’t know where to begin. Can you help?

Wednesday, January 10th, 2007

You’ve made the first step. The hardest part in overcoming tax debt is coming to the realization that you want to finally eradicate that debt. Considering the amount you owe and your annual income, I realize that this tax problem can seem insurmountable. But trust me: It isn’t.
What you need to do is find a qualified tax professional. He or she will analyze your
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