If you owe the IRS more back taxes, penalties, and interest than you can afford, what can you do?
Each year, thousands of taxpayers just like you are battling with how they can resolve their tax problems–it is not unusual for people with tax problems to feel paralyzed by fear and anxiety. The good news is it doesn’t necessarily have to be this way. You can choose to be proactive about
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With the April 15th deadline fast approaching, taxpayers need to stay vigilant about what they report (and don’t report) on their tax returns in order to avoid being audited by the IRS or incurring heavy IRS penalties.
CNNMoney released an article recently that outlines several helpful tips for taxpayers to heed in order to prevent getting audited by the IRS. It’s important for taxpayers of all income brackets to realize that
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As much as you may fear the wrath of the IRS to levy back taxes and IRS penalties, the tax man is afraid of exposure too. In the audit battle, the IRS fears two things: 1) You hiring a tax attorney or Certified Tax Resolution Specialist, and 2) You learning these seven little secrets about reducing back taxes and IRS penalties.
With years of record deficits (and even more in the
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Taxpayers with foreign bank accounts must stay on top of the game when it comes to paying taxes and disclosing foreign funds.
If you have undisclosed foreign funds or if you have accumulated back taxes on your overseas money, now is the time to seek tax help from a tax attorney or Certified Tax Resolution Specialist to resolve your IRS problems before they become any worse.
Due to the severe nature of
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Unfiled delinquent tax returns can weigh on you like a disease. Every unfiled delinquent tax return eats at you, year after year, compounding fear until you feel hopeless. So if you’ve got a late delinquent tax return, follow the simple steps outlined in this unfiled delinquent tax return checklist and get expert help from a tax attorney or a Certified Tax Resolution Specialist to check the IRS off your worry
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Taxpayers need to be careful about getting their numbers crunched correctly for their 2010 tax returns. As the government grows more desperate for revenue and as the IRS steps up its game to collect more taxes, this is no time for the taxpayer to “neglect to pay certain taxes.”
A recent case involved Jesus Mena, of Miami, who pleaded guilty to filing a false income tax return for an S corporation
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In a time when the government is desperate for revenue, it is very important for business owners to stay on top of their payroll taxes game to avoid IRS payroll tax problems.
For those who may not be familiar with payroll taxes, unpaid payroll taxes are considered “trust fund taxes” because the employer’s failure to pay payroll taxes is equated to holding the employee’s money in trust until a federal tax
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I’ve recently blogged about what an IRS bank levy is and why you as the taxpayer must act immediately to get tax help from a tax attorney, CPA, or Certified Tax Resolution Specialist in order to save your financial well-being.
Now I want to go into more detail about just how a tax attorney can help you release your IRS bank levy. The IRS does provide some guidelines on bank levies
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Taxpayers, get ready for the fast-approaching 2010 tax season!
Yes it’s still January, but it’s not too early to start getting all your ducks in a row for the upcoming tax filing season. With the IRS tax collection efforts strengthening, it would be wise to adhere to IRS guidelines and tax filing tips when filling out your tax returns in order to avoid IRS tax problems down the line.
The IRS has
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Tax debt can be serious, large and feel crippling.  When dealing with a large amount of taxes owed, it is advisable to seek professional tax services to explore your tax relief options.  If you are not sure what kind of tax help you may need, call our office at 1-866-IRS-PROBLEMS or visit www.taxresolution.com.
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Question: New Year’s Resolution: I want to get rid of my tax debt! I owe a lot too. A
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Many taxpayers facing the tough year of 2009 may find themselves unable to pay their full taxes in 2010 or unsure about how to resolve the back taxes that they already owe. This is why it’s a pleasure for me to sit down with people like Scott Mason of KROQ to share some free tax help advice to listeners.
Right now we are seeing some real desperate situations where many people
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At Tax Resolution Services we hear about unresolved tax debt everyday.  There is no doubt that the IRS wants your tax dollars but, in some cases, they will work with you to resolve your tax debt.  A program that you may not have heard of, called Offer in Compromise, was established to help tax payers with significant financial problems get a fresh start.  In some cases, the Offer in Compromise program gives the tax
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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
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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
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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
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