We all know that accepting bribes is not acceptable.  Call it what you may, “gifts and gratuities”, but we all know that a person with a governing position, like a mayor, who accepts gifts and gratuities is basically accepting a bribe.  When the bribe happens to be cash, or something of great cash value, it is still taxable.  But because it is a bribe, the mayor decides to evade taxes
[Read More]

This is a story I wanted to share with you because the guy featured in this video, Gib, discovered that he was going to owe the IRS more than 35,000 dollars in back taxes, interest, and penalties.  To hear how Gib was finally able to sleep at night because of a provision in the tax code called Innocent Spouse, watch the video from TRS Files now!
Gib was truly innocent of
[Read More]

Celebrities, just like average taxpayers, can run into serious IRS problems. You have an edge over the high-profile celebrity tax cheats in that you can learn how to avoid IRS tax problems from the worst celebrity tax evasion cases.
Recently Access Hollywood compiled a list of celebrity tax cheaters who found themselves in deep IRS trouble with Uncle Sam. With thousands of fans and loyal followers, ending up on the
[Read More]

When tax problems arise in a family, it could end the marriage.  Sometimes, the spouse is truly innocent of their partner’s tax problems and the IRS realizes that this may be the case.  There is such a thing as Innocent Spouse Tax Relief and the IRS has a series of questions and Innocent Spouse Tax Relief Rules to extricate the innocent person from being responsible for the tax problem.   If
[Read More]

The IRS can be difficult to understand–they have a whole set of terminology that is not used in any other realm except the one concerning taxes. So on top of understanding your legal tax obligations, it’s also important to know what key tax terms mean. Resolving your IRS problems can be frustrating and complicated, but getting the tax help you need doesn’t have to be.
This combination of deciphering the IRS
[Read More]

Nobody wants to be in trouble with the IRS for someone else’ mistake.  If your spouse is in trouble with the IRS, his/her penalties will be transferred to you in a marriage. If you can prove to the IRS with reasonable evidence that you were unaware of the fraudulent activities of your spouse, you will qualify for Innocent Spouse relief.
Filing and getting approved for Innocent Spouse relief is crucial to
[Read More]

Principles and ideals of equal rights aside, the IRS will not allow you to file a joint tax return if your marital status is not legally recognized by the state in which you reside. Some same-sex marriage proponents have been refusing to file individual tax returns as an act of civil disobedience. However, the current climate is that the IRS only accepts joint returns from people whose marriages are legalized
[Read More]

It is extremely important for both parties entering into a marriage to understand the joint financial liabilities that come with matrimony. If someone enters into a marriage without fully knowing the extent of his/her partner’s financial situation with the IRS, he/she may find that IRS debt will apply to both persons in the marriage. During my talk with TJ McCormack last month on LA Talk Radio, we discussed the repercussions
[Read More]

Taxpayers can get in tax trouble because of their spouses or (ex-spouse’s) financial problems - but the good news is the IRS has guidelines for innocent spouse relief.  And in a recent email, the Chief Counsel’s office has just released additional guidelines on the sharing of information in these types of cases.
CCH (http://tax.cchgroup.com/) reports:
The Chief Counsel’s Office has provided guidance, in an e-mail, regarding the sharing by the IRS, in
[Read More]

Far too many business owners and individuals are looking over their shoulders in fear of the IRS. I appeared as the guest tax expert on Strictly Business on BlogTalkRadio.com earlier this month to share some insider secrets of tax relief with business owners and individuals struggling to overcome their tax burdens.
I discussed some of the tax resolution strategies we employ with the program’s host Anna D. Banks, a business coach
[Read More]

A team of our IRS debt relief specialists recently attended the IRS Problem Resolution Boot Camp in Los Angeles to further their professional education and help better serve their clients. The special two-day seminar, held by the American Society of Tax Problem Solvers (ASTPS), attracted attendees from all over the United States who successfully took their tax problem resolution skills, knowledge, and professionalism to the next level.
 The program titled “The Current Climate
[Read More]

I just wanted to thank Bob McCormick at KNX 1070AM for his enthusiastic support for Tax Resolution Services. Bob is an award-winning journalist who covers the money beat and contributes reports about Wall Street, the economy, business matters for CBS 2 and KCAL 9 News. He is also the host of the popular “Money 101” on KNX 1070, where he examines the most relevant news affecting consumers and small business
[Read More]

While on the air with KLOS 95.5FM, Michael Rozbruch got to spend some time talking with listeners and answering their tax questions. We wanted to share some of these questions in case anyone out there is in a similar situation.
Q: I have a question in regards to my father. He has not filed his income taxes for at least 20 years plus. And it has gotten to the point where
[Read More]

Continuing education courses for tax attorneys and CPA’s.
Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. This guide can help hundreds of individuals and business with their IRS Collection Problems. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes - often for pennies on the dollar. The
[Read More]

WHICH IRS TAX SOLUTION OPTION IS BEST? ALTERNATIVES TO AN OFFER IN COMPROMISE

This is a key question which must be addressed. Left to only the IRS or the taxpayer, this question is usually not fully or adequately explored.
There are 10 options commonly employed to resolve a tax collection matter (see full explanations below):

Full pay the tax owed
File unfiled returns to replace Substitute for Returns
[Read More]