Posts Tagged ‘Installment Agreement’
Monday, April 22nd, 2013
Just because the April 15 tax deadline passed doesn’t mean people who owe back taxes should stand idly by. It’s time to “man up” to the challenge and resolve your IRS tax issues with the help of an expert tax resolution professional. But who do you choose? On a video episode from the Midday Sunday Fox 11 with host Tony Valdez program, I explain how the tax resolution industry has
Tags: American Society of Tax Problem Solvers (ASTPS), certified tax resolution specialist, Installment Agreement, IRS audit, IRS payment plan, IRS tax issues, IRS tax settlement, Offer in Compromise, owe back taxes, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS payment plan, IRS tax audit, Offers in Compromise, Tax news and tips, tax help, tax resolution | No Comments »
Tuesday, April 16th, 2013
It’s the day after tax day and for those taxpayers who don’t intend on filing a tax return, you may want to reconsider. Not filing means you will be facing significant IRS tax issues. Failure to file is considered a misdemeanor that can be punishable up to $10,000 per year and one year in jail. In fact, IRS penalties are more severe for non-filing than for non-payment. If it sounds
Tags: certified tax resolution specialist, Installment Agreement, IRS penalties, IRS tax debt, IRS tax problems, Offer in Compromise, penalty reduction, tax attorney, tax help
Posted in 365 Ways to Keep the IRS at Bay, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Debt Help News, Tax Problem FAQs, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Tuesday, April 16th, 2013
Michael Rozbruch, certified Tax Resolution Specialist, answers a question about settling back taxes:
Question: Do I have the choice between the Offer in Compromise and the Installment Agreement when working with the IRS to settle my tax debt? And which one is better?
Answer: Great questions! The short answer for both is that each is intended for consumers in different positions, so the decision of whether to pursue an Offer in
Tags: back tax debt, eliminate tax debt, Installment Agreement, IRS payment plan, Offer in Compromise, outstanding tax debt, Qualified Tax Professional, reduce tax debt, settle tax debt, tax resolution services, unable to pay tax debt
Posted in Ask the Expert, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, tax help | No Comments »
Tuesday, April 9th, 2013
IRS audits process are often a random selection. However, there are some triggers that can set the audit wheels in motion and bring on further examination and the possibility of paying more to the tax man. An MSN article titled: “What triggers an IRS audit?“ shines some light on how the IRS selects returns for audit and the criteria that sets these returns apart from the rest.
Audits on the Rise
The
Tags: Back Taxes, certified tax audit specialist, Installment Agreement, IRS tax attorney, irs tax relief, Offer in Compromise, tax debt, tax lien, tax relief, Tax Resolution University
Posted in Tax Problem FAQs | 1 Comment »
Thursday, April 4th, 2013
During my interview last tax season on the Midday Sunday Fox 11 with host Tony Valdez program, Mr. Valdez posed a scenario that many today may be facing: they have finished preparing their taxes, but don’t have the money to pay them. What should they do? This is a common question and the good news is that taxpayers with tax debt have options! Below the video, I offer some solutions.
If
Tags: certified tax resolution specialist, Installment Agreement, IRS audit, IRS tax debt, IRS tax settlement, Midday Sunday Fox 11 News with Tony Valdez, Offer in Compormise, tax attorney, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Expert Help From Tax Attorney, IRS Installment Agreements, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax Problem FAQs, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief | 1 Comment »
Friday, March 15th, 2013
Let’s recap the tax relief news we covered this week. Featured topics were: eliminating joint filing to help innocent spouses, Florida brothers sentenced for tax evasion, ways to pay your back taxes, IRS tax scams and schemes to avoid, and the Southland Better Business Bureau (BBB) LA Chapter gets expelled for “pay to play” practices.
Joint Tax Filing Thought to Help Innocent Spouses
I wrote a post titled Eliminating Joint Tax Filing
Tags: Back Taxes, BBB, better business bureau, Innocent Spouse, Installment Agreement, IRS tax scam, Offer in Compromise, Qualified Tax Professional, tax debt, tax relief, Tax Resolution University
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Tax Relief News, Tax Scams, income tax relief, tax help, tax resolution services | No Comments »
Tuesday, March 12th, 2013
Question: I need to do my taxes for 2012, and I just don’t know what to do! I owe back taxes already, and I don’t think I can pay them. Now, this year, I’m sure I’ll just add to that tax debt. I don’t see how I can get out from under it. What options do I have?
Answer: Your situation is a tough one, but you’re asking the
Tags: Installment Agreement, Offer in Compromise, owe back taxes, pay off back taxes, Qualified Tax Professional, tax debt, tax resolution services, tax situation
Posted in Ask the Expert, Back Taxes, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Tuesday, February 19th, 2013
The IRS has made getting tax help 24 hours a day/7 days a week on IRS.gov easier than ever before. They have done this by re-designing their website to make it more user-friendly for both consumers and tax professionals. Here are the top ten reasons to visit the IRS.gov website:
Get 24/7 Access — for Free. IRS.gov has tax forms and answers when you need them – day or night. The Interactive
Tags: Identity Theft, Installment Agreement, IRS back taxes, IRS help, IRS penalties, IRS tax debt, IRS website, irs.gov, tax help, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS Installment Agreements, IRS help, IRS payment plan, Identity Theft, Tax Relief News, Tax news and tips, tax help | No Comments »
Monday, February 4th, 2013
IRS tax enforcement is described as harsh but the criticism highlights the need to have a qualified tax professional at your side.
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There’s more pressure than ever on the Internal Revenue Service to increase tax collections.
That’s because the sluggish economy, which has depressed wages and tax revenue, and the ballooning national debt have combined to make tax collections even more urgent.
The IRS has responded to this pressure by increasing enforcement
Tags: Installment Agreement, IRS tax enforcement, Offer in Compromise, pay off your tax debt, Qualified Tax Professional, reduce your tax debt, tax audit, tax collections, tax debt, tax delinquency, Tax Liens and Levies, tax resolution services
Posted in Back Taxes, IRS Installment Agreements, IRS Times and Inquirer, IRS help, IRS payment plan, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, Working with the IRS, tax help | No Comments »
Friday, January 11th, 2013
The New Year is a great time to get a fresh start with financial issues specifically tax debt problems that can only get worse if ignored. I created the national network television show, TaxMan to show folks struggling with IRS debt the entire tax problem resolution process; from soup to nuts.
This episode of TaxMan focuses on the “resolution” phase and introduces a valued member of the Tax Team, Installment Agreement
Tags: Back Taxes, Installment Agreement, IRS audits, IRS levy, IRS tax settlement, Michael Rozbruch, Offer in Compromise, tax debt, tax liens, TaxMan
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS tax audit, Offers in Compromise, TAX MAN TV, Tax Liens and Levies, Tax Resolution Options and Alternatives, Tax news and tips, income tax relief, tax resolution | No Comments »
Wednesday, January 9th, 2013
Positive changes to the Offer in Compromise Program (OIC) have resulted in an increase in acceptance rates according to a recent article by the American Institute of Certified Public Accountants (AICPA) outlining the new Offer in Compromise guidelines.
The AICPA article titled: Significant Changes to the Offer in Compromise Program reports these changes to be a result of the expansion of the Fresh Start initiative first announced in 2011 by former
Tags: certified tax resolution specialist, Installment Agreement, IRS tax debt, IRS tax issues, IRS tax problems, IRS tax settlement, Offer in Compromise, tax attorney, tax liens, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, Offers in Compromise, Tax Relief News, Tax news and tips, tax help, tax resolution | No Comments »
Wednesday, December 26th, 2012
Question: The holidays are here, and I’m in financial trouble. I am stressed out about my tax bill, which is more than I can ever imagine being able to pay off. What can I do?
Answer: I know exactly how you feel, because I’ve had so many clients in the exact same position you’re in right now. The reasons can be different — changes in life circumstances, business failure, health
Tags: Back Taxes, Installment Agreement, IRS problem solver, Offer in Compromise, owe back taxes, pay off tax debt, Qualified Tax Professional, resolution to tax problems, tax bill, tax debt, tax problems, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Monday, December 17th, 2012
If you owe the IRS back taxes – you are not alone; 1 in 6 Americans has a tax problem. However, avoiding the IRS is a terrible strategy; the longer you wait the more serious and expensive your IRS issue becomes.
So, with a new tax year is approaching, I wanted to remind taxpayers facing tax challenges that there is a solution to every problem; even tax debts over $20 thousand
Tags: 2012 tax tips, BBB, certified tax resolution specialist, end of year tax tips, Installment Agreement, IRS tax issues, IRS tax settlement, new year's tax tips, Offer in Compromise, tax attorney, tax debt, tax relief, TrustLink reviews
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, Offers in Compromise, Tax Resolution Options and Alternatives, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Friday, November 30th, 2012
The week after Thanksgiving was busy with tax news. Here are some of the topics we reported:
Tax Evasion
Scrap Metal Dealer John W. Hufgard, 59, of Bath, Ohio, was charged with three counts of tax evasion for allegedly evading approximately $397,659 in federal taxes for tax years 2007 through 2009.
John Giannelli Sr., 66, of Danvers, Mass. pleaded guilty to operating an illegal gambling business. The charges and prison sentences Giannelli is
Tags: Back Taxes, Installment Agreement, IRS debt, IRS payment plan, irs problems, IRS tax debt, IRS tax settlement, Offer in Compromise, Qualified Tax Professional, tax attorney, tax issues
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Expert Help From Tax Attorney, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Tax Relief News, tax resolution | No Comments »
Monday, November 26th, 2012
Question: I’m in a lot of tax trouble and owe more than I could possibly pay to the IRS. But how do I know if the Offer in Compromise or the Installment Agreement is right for me? I am so lost.
Answer: This is a great question, and the fact that you’ve come here to get an answer suggests you’ve taken the first step toward eliminating your tax troubles.
Whether the
Tags: back tax debt, eliminating tax troubles, Installment Agreement, IRS offer in compromise, IRS payment plan, Offer in Compromise, Qualified Tax Professional, tax debt, tax resolution services, tax troubles
Posted in Back Taxes, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Problem FAQs, Tax news and tips, tax help | No Comments »