Posts Tagged ‘Installment Agreement’
Saturday, November 14th, 2009
Every month I choose a very special Tax Client Of The Month. It’s my way of acknowledging good friends and saying “thanks” to those who support me and Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Blake Epstein.
Mr. Epstein owed the IRS over $38,000 when he retained our firm. We were able to negotiate an IRS payment plan (also known
Tags: affordable IRS payment plan, Installment Agreement, IRS installment agreement, IRS payment plan, Tax Client of the Month, tax debt, tax relief blog, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer, Tax Client of the Month | No Comments »
Tuesday, November 3rd, 2009
In certain cases when a married couple with an installment agreement cannot pay off the full amount, the IRS Chief Counsel can sometimes recommend that the IRS accepts the assignment of death benefits if one of the taxpayers dies.
In a recent case, one spouse of a married couple died before the installment agreement ended. The IRS wanted to seize all assets of the taxpayer covered by the agreement but was
Tags: CCH, Installment Agreement, IRS Payment Plans, Michael Rozbruch, tax attorney, tax expert, tax help, tax resolution
Posted in IRS Installment Agreements, Seeking Professional Tax Help | No Comments »
Monday, October 26th, 2009
If you owe taxes to the IRS, and feel like you do not have the money to pay them back, you can work out a payment plan with the IRS, also known as an Installment Agreement, which allows you to pay your tax liabilities over time. Some people are able to negotiate their tax payment plans, but if you owe $25,000 and over, I would highly recommend working with a
Tags: Back Taxes, free tax advice, Free Tax Consultation, Installment Agreement, IRS Installment Agreements, IRS Payment Plans, IRS specialists, paying back owed taxes, paying back taxes, payment plan with the IRS, tax attorneys, tax blog, tax evasion, tax relief, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer | No Comments »
Thursday, October 22nd, 2009
Look for our “Ask the Tax Expert” column every month. This column, and our tax blog, is full of free tax advice that can help you find tax relief. Got a question for our tax expert? Email your tax questions to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
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Question: I’ve been reading your newsletter, and I understand why the IRS Offer in Compromise program is an excellent one for those
Tags: free tax advice, Free Tax Consultation, Installment Agreement, IRS Installment Agreements, IRS offer in compromise program, IRS payment plan, IRS problem solver, irs problems, irs questions, Offer in Compromise, pay down your tax debt over time, tax advice, tax help, tax professional, tax questions, tax resolution expert, tax resolution services
Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help, Working with the IRS | No Comments »
Friday, September 25th, 2009
As the October 15th extension deadline for filing 2008 tax returns looms closer, many small business owners like you who have been busy with running your business may be growing anxious.
To a busy business owner who has to sort through piles of receipts and invoices just to get organized to file their taxes, October 15th may not seem like a lenient tax extension deadline. It can be overwhelming to sit
Tags: Add new tag, Back Taxes, Installment Agreement, irs problems, Michael Rozbruch, October 15th tax deadline, small business tax advice, tax attorney, tax help, tax relief, tax resolution, tax resolution services, tax settlement
Posted in Back Taxes, IRS Installment Agreements, Seeking Professional Tax Help | 1 Comment »
Wednesday, September 23rd, 2009
IRS Payment Plans, also known as IRS Installment Agreements, are a possibility even if you owe the IRS big money. This Las Vegas attorney owes almost $4 million dollars to the IRS and he could have negotiated an IRS payment plan instead of evading taxes. However, if you owe more than $100,000, you will need professional tax representation to negotiate an Installment Agreement for you since the IRS are toughest
Tags: Installment Agreement, IRS Installment Agreements, IRS Payment Plans, IRS specialists, professional tax representation, tax attorneys, tax cheat, tax evasion, tax relief, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer, Tax Relief News, Working with the IRS | 1 Comment »
Friday, July 24th, 2009
Jon Dale Adams of Jackson, Miss., was sentenced to 18 months in prison, to be followed by one year of supervised release, for filing a false federal income tax return in 2000. Adams was also ordered to pay a $5,000 fine.
The former owner of a strip club, Adams was indicted by a federal grand jury in February 2007. According to the indictment, Adams was charged with filing false returns that
Tags: filing false federal tax return, Installment Agreement, IRS problem solver, irs problems, Offer in Compromise, solve tax problems, tax attorney, tax evasion, tax fraud, Tax Payment Plans, tax problems, tax resolution services, tax solutions, tax specialist
Posted in IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise | No Comments »
Monday, June 29th, 2009
Every month I choose a very special Tax Client Of The Month. It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Client Of The Month is John C. Acevedo.
Mr. Acevedo owed over $43,000 to the IRS. Tax Resolution Services negotiated a “partial pay” installment agreement with the IRS for $80 per month.
Tags: Installment Agreement, IRS installment agreement, IRS payment plan, tax client, Tax Client of the Month, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, June 9th, 2009
The IRS is the worst institution for taxpayers to owe money to. And no one should take comfort in knowing that the IRS clerks working for $9.75-$10.25 an hour have people’s financial fates in their hands, and by them flipping a switch, can generate a tax lien notice or a levy notice to any bank or employer. When I was on the LA Talk Radio show with TJ McCormack
Tags: Freedom of Information Act, income tax relief, Installment Agreement, ira payment plan, IRS, IRS debt relief, Offer in Compromise, statue of limitations, tax debt, tax help, tax lien, tax resolution
Posted in Freedom of Information Requests, Offers in Compromise, Statutes of Limitations – Taxpayer’s rights, Tax Debt Help News, Tax Relief News, Taxpayer Rights, tax help | 2 Comments »
Wednesday, May 20th, 2009
Got tax questions? Tax season is not the only time to have your tax questions answered. Send your questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, how to set up monthly payment plans with the IRS or general questions about tax relief to advice@taxresolution.com with “Ask the Tax Expert” in the subject line.
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Question: I’ve read a little bit about the Offer in Compromise and the Installment Agreement. Which one is better?
Answer:
Tags: ask a tax expert, ask the tax expert, Free Tax Consultation, Installment Agreement, IRS, IRS Installment Agreements, IRS monthly payment plans, IRS Payment Plans, IRS problem solver, Offer in Compromise, Offer in Compromise program, tax attorney, tax expert advice, tax professional, tax questions, tax relief, tax resolution, tax resolution services
Posted in IRS Question Corner, IRS Times and Inquirer | No Comments »
Thursday, April 30th, 2009
Question: Does the 10 year collection statute begin when the civil penalties are due? Or, when the installment agreement has begun? Or, as in my case, when the installment agreement was reinstated?
Answer: The 10 year Collection Statute Expiration Date (CSED) begins on the ASSESSMENT date, not when the taxes are due and not when you begin an Installment Payment Plan.
There are exceptions to this rule, including if the taxpayer agrees
Tags: bank levy, collection statute expiration, collection statute expiration date, expired tax debt, income tax relief, Installment Agreement, installment payment plan, IRS audits, IRS debt, IRS help, irs problems, Michael Rozbruch, Payroll Tax Problems, tax advice, tax debt, tax expert, tax lien, tax resolution, tax resolution expert, tax resolution services, wage garnishment
Posted in Ask the Expert, Expiration of the Collection Statute | No Comments »
Monday, April 13th, 2009
If you can’t afford your tax bill this year, know that the IRS offers payment options for struggling taxpayers.
While individuals are urged to file their tax returns and and pay any taxes owed by April 15, the agency is aware that the economic downturn has made this difficult for many people.
Taxpayers who do not file their tax returns by the April 15 deadline may be subject to a failure-to-file penalty.
Tags: currently not collectible, delinquent tax returns, delinquent taxes, failure to file, i need tax help, Installment Agreement, IRS debt, IRS help, IRS payment plan, IRS problem solver, IRS tax problems, Michael Rozbruch, Offer in Compromise, payment plans, tax expert, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Tips, unfiled tax returns
Posted in Seeking Professional Tax Help, Tax news and tips, Working with the IRS | 1 Comment »
Monday, April 13th, 2009
If you haven’t filed your 2008 tax return, haven’t paid your your taxes owed, or are requesting an extension of time for filing, the IRS has issued last minute tax tips that can help you in these final hours.
Knowing how to get tax help and learning about options that are available to you as a taxpayer can save you time, money and frustration in the long run. For instance, if
Tags: 2008 tax return, 2008 tax returns, April 15, e-filing, Installment Agreement, IRS debt, IRS help, IRS payment plan, IRS problem solver, irs problems, IRS tax problems, IRS tips, last minute tax tips, Michael Rozbruch, tax attorney, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips
Posted in Tax news and tips | No Comments »
Friday, February 13th, 2009
With tax season quickly approaching, the IRS has announced that it will be providing help to those Americans struggling to meet their tax obligations this year. This means that distressed taxpayers plagued by mounting medical bills, heavy reliance on Social Security assistance, or recent job losses may now be eligible for a tax break. Struggling taxpayers may be eligible for relief as IRS eases enforcement and collection efforts to help
Tags: Back Taxes, delinquent tax returns, full financial disclosure, i need tax help, Installment Agreement, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, Offer in Compromise, Offers in Compromise, settle tax debt, tax advice, tax attorney, tax expert, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips
Posted in Tax news and tips | 1 Comment »
Wednesday, February 11th, 2009
An Installment Agreement is a payment arrangement whereby the government allows a taxpayer to pay liabilities over time. Once a payment plan is established, the IRS will not take enforced collection action, including the levy of bank accounts or wages, as long as the taxpayer remains current with all filing and payment obligations. However, interest and penalties would continue to accrue until the outstanding balance is satisfied. Additionally, a tax
Tags: Back Taxes, delinquent tax returns, i need tax help, Installment Agreement, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax advice, tax attorney, tax audit, tax expert, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips
Posted in Tax news and tips | 5 Comments »