“When Bad Things Happen to Good People” is an appropriate title for the recent episode of Business Day TV with Terry Bradshaw featuring an interview with the leaders of Tax Resolution Services, Co.

This special episode acknowledges the poor economic realities currently facing many Americans, some for the first time and often through no fault of their own. Negative life altering events such as job loss, death of a loved one
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Today’s Tax Resolution Tip:
You may be surprised to hear that back taxes owed have an expiration date. That’s right, the IRS, by law, has 10 years from the date of assessment to finish collection of back taxes, which is referred to as the “Expiration of Back Taxes: Statute of Limitations on IRS Collections.”  This means that after 10 years, if the IRS have not collected back taxes owed, they can
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Tax Problems Affect 1 out of 6 Americans – If You Need Tax Help, You’re Not Alone!
1 in 6 Americans has a tax problem; that’s approximately 26 million people! In this video, shot at Tax Resolution Services headquarters, I talk about how terrifying IRS tax stress can be and how scared people are with their overwhelming tax problems. I see this happening in my practice every day. The IRS is
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The Government Wants Your Money – was a timely theme for this old interview I did with Fox Business News’ Brian Sullivan (see the video below). Our candid discussion outlined policy changes within the IRS and their stepped up enforcement efforts in the name of tax collection. While the country is slowly digging out of a deep economic hole, it’s not surprising to see the IRS building a solid foundation
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Being audited by the IRS can be a scary and stressful situation. Whether you are being audited for tax problems from investment mishaps, offshore accounts or any other reason, it is important to make sure a tax professional is there to make your audit goes as smoothly as possible. Karen E. Klein of the LA Times offers great advice to a reader about to be audited:
Karen: You answered a question
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Should you be afraid of an IRS audit?  The answer is yes.  More than 50% of the referrals that the Criminal Investigation Division (CID) gets are from the IRS Revenue Agent that conducts the audit interviews.  IRS audits are there to keep the innocent on track and to expose those that are not so innocent, from small time tax cheats to big time tax evasion like in the article below.
Clarissa
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Today’s Tax Resolution Tip:
Do you own a home-based business? Ensure you can easily track your expenses by saving a copy of each and every business transaction and deduction!
While good record keeping is a great practice when it comes to filing taxes, it is all the more important if you own a small home-based business. If the IRS decide to audit your business you need to show proof of every deduction
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Today’s Tax Resolution Tip:
If you are a home-based business owner, here’s a tax tip that is particularly relevant to you. Tracking your expenses is essential, especially if you are audited by the IRS. Save at least one copy of each and every transaction and/or deduction as proof in case of audit.
Visit our audit FAQ page for more information on IRS tax audits, including how to avoid them and survive an IRS
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Don’t let Internal Revenue Service Commissioner Doug Shulman hear you use the “audit lottery” phrase. That’s right: you may have heard it at a dinner party or chatting with co-workers. There’s an ongoing myth that the IRS approaches who they audit much like how anyone wins a lottery. By luck. And they’re all wrong–an IRS audit is not random at all. In fact, it follows a system.
In a speech at
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Many consumers out there may feel that being rich and wealthy spares you from having to worry about taxes and the IRS coming after you. However, in recent years the case has been quite on the contrary. The IRS have been gradually increasing their audits of high income consumers. Wealthier taxpayers may find themselves being audited as the IRS increases their enforcement efforts and cracks down on back taxes owed
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The latest edition of tax help news covering anything and everything tax! Check out some of the interesting tax news we’ve Stumble(d)Upon this week, including your pick of last, last minute tax tips, celebrity tax woes, the typical tax cheat, offshore tax regulation and more!
At Tax Resolution Services, Co. keeping up with news from the tax blog-o-sphere is key in ensuring we offer expert tax help and helping us educate consumers
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The IRS, while a fierce and aggressive  agency, does not discriminate. Whether you’re rich or poor, young or old, male or female, if you owe them money, they will come after you regardless of your current financial standing. I recently blogged about that in regards to a Survey Revealing Tax Cheats to be Young, Single and Male.
Now CNNMoney.com reports the IRS is paying particular attention to millionaires – and cracking down
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With just two short weeks before Tax Day 2011, I sat down once again last week with Russ & Sully of the Big Biz Show to talk about some top tax help tips for 2010 returns.

Filing Delays Does Not Mean You Have to Wait. With recent changes to the tax code, the IRS estimated they won’t be ready for prime time till mid to late February which has already passed.
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Today’s Tax Resolution Tip:
The BIGGEST red flag that results in triggering a tax audit for yourself or your business is claiming false business expenses. Don’t do it!
Read about IRS tax audits and what you should be doing to avoid them. Visit our tax relief FAQ page for more tips on audits and the red flags to be wary of.
For a daily dose of tax relief tips, check out 365 Ways to
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We are getting closer to tax day with 20-something days on the countdown till April 18th. Have you gotten your ducks in a row yet?
Last week I sat down with Russ & Sully from the Big Biz Show to share the top four tax help tips for 2011. If you happened to miss the show, here’s the scoop:
Tax Help Tip #1: Severance & Unemployment are Taxable. Many people don’t realize
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