Posts Tagged ‘IRS audits’
Wednesday, May 22nd, 2013
Tax evasion is not just a problem for the wealthy. It’s a widespread issue that costs the government and honest Americans much needed revenues. Small businesses and sole proprietors are the largest contributors to the $450 billion tax gap (the difference between taxes reported and taxes paid) by skimming and under reporting their taxes. For their efforts, tax cheats are the focus of IRS scrutiny.
With IRS audits and aggressive IRS
Tags: FBAR reports, IRS audits, IRS penalties, IRS tax debt, IRS tax problems, offshore bank accounts, tax evasion, tax gap, tax lawyers, tax relief
Posted in Seeking Professional Tax Help, Tax Problem FAQs, Tax news and tips, tax help | No Comments »
Friday, April 19th, 2013
I wrote a post for the Tax Matters blog post about a recent report that revealed higher IRS audit rates in five major metropolitan areas. The culprits: small businesses attempting to tax dodge. An article by the Los Angeles Times titled “Los Angeles, San Francisco top cities for tax dodgers, study says” cites a new study from the National Taxpayer Advocate that analyzed IRS data of five metropolitan areas: San
Tags: IRS audits, IRS enforcement, IRS problem solver, irs problems, IRS tax audits, IRS tax issues, tax audits, Tax Matters blog, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Small Business Taxation, Tax Audit Defense, Tax Evasion Advice, Tax Relief News, income tax relief | 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, December 19th, 2012
The year is ending, and this is the time for tax cheats and debtors to come clean.
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Charlie Sheen spent some time recently with Lindsay Lohan.
The two actors, both controversial and sources of tabloid fodder, were on the set of Scary Movie 5.
According to news reports, Lohan told Sheen about her tax problem. She owes, according to previous reports, as much as a quarter of a million dollars in back taxes
Tags: celebrity tax cases, Celebrity Tax Woes, cheating on taxes, IRS audits, IRS trouble, Michael Rozbruch, not paying back taxes, pay down tax debt, Qualified Tax Professional, tax bill, tax cheats, tax evasion, tax problems, tax resolution services
Posted in Back Taxes, Celebrity Tax Woes, IRS Tax Cases, IRS Times and Inquirer, IRS help, IRS tax audit, Seeking Professional Tax Help, Tax Debt Help News, Tax Liens and Levies, Tax news and tips, tax help | 1 Comment »
Tuesday, October 9th, 2012
Several months ago, I wrote an article explaining some of the challenges facing e-commerce titled “The E-Commerce Conundrum: Taxing Virtual Businesses and Their Investors and the Law.” At that time, e-commerce businesses were feeling pressure from state legislatures to collect and pay state taxes and grappling with the new 1099-K form and reporting rules.
A recent Reuters article Online sellers scrambling to understand new IRS 1099 form reports that the IRS
Tags: IRS audits, IRS enforcement, irs problems, IRS tax issues, tax issues, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Small Business Taxation, Tax Problem FAQs, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Friday, September 28th, 2012
Happy Friday! Here’s a recap of the tax relief news that made headlines this week.
Celebrity Tax Issues, IRS Audits and Enforcement
It seems like there is always a celebrity in the news currently facing down the IRS or other tax authorities. This is not by accident. Since the Great Recession tax revenues have been down so to increase collections, the IRS has been going after celebrities and wealthy Americans to help
Tags: FBAR regulations, IRS audits, IRS penalties, irs tax relief, tax fraud, tax liens, tax relief, tax resolution services
Posted in 365 Ways to Keep the IRS at Bay, Celebrity Tax Woes, IRS tax audit, Tax Evasion Advice, Tax Relief News, Taxpayer Rights, income tax relief, tax help | No Comments »
Friday, August 3rd, 2012
Happy Friday! It’s time to review tax relief topics covering an array of IRS tax issues in recent news.
S-Corp Businesses-Target of IRS audits: Reuters reported in their article Small business audits often find no more taxes due-IRS watchdog about an increase in S-Corporation audits. IRS treasury inspector general for tax administration, Russell George went on record to denounce the increase after discovering the increase in “S-corporation” audits did not
Tags: FBAR regulations, Identity Theft, IRS audits, IRS penalties, IRS tax debt, IRS tax issues, tax attorney, tax evasion, tax fraud, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Identity Theft, Tax Relief News, Tax Scams, income tax relief, tax help, tax resolution | No Comments »
Tuesday, May 29th, 2012
For over fourteen years, my firm, Tax Resolution Services, Inc., has provided tax relief services to great people who were badly in need of tax help.
In the latest Tax Man episode, I sit down with a Tax Resolution Services client, Dan R to ask him how he reacted after receiving his first IRS audit notification in the mail.
Dan was overwhelmed because he didn’t know what to do and were to
Tags: Audits, Back Taxes, certified tax resolution specialist, delinquent taxes, income tax relief, IRS audit, IRS audits, IRS debt, IRS penalties, irs tax relief, irs wage garnishment, Michael Rozbruch, tax advice, tax attorney, tax attorneys, tax help, tax man, tax professional, tax relief, tax resolution expert, tax resolution services, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Tax Cases, IRS help, TAX MAN TV, TRS Files, Tax Debt Help News, Tax Help Video, Tax Problem FAQs, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Friday, May 18th, 2012
For fourteen years, I have helped people just like you solve IRS tax problems including IRS audits and having no money to pay off back tax debt. For those currently needing IRS relief, I’m happy to announce that you are in luck; the Tax Man is here with a new tax help video series.
The purpose of this Tax Man video series was to give taxpayers in need of tax relief
Tags: Back Taxes, certified tax resolution specialist, IRS audits, irs problems, IRS tax problems, Michael Rozbruch, tax advice, tax debt, tax help, tax man, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Tips, The Tax Man
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Tax Cases, IRS tax audit, TAX MAN TV, Tax Problem FAQs, Tax Relief News, Tax news and tips, tax help, tax resolution services | No Comments »
Friday, May 11th, 2012
This week’s tax relief news has been quite exciting especially for Tax Resolution Services.
Here are some of the highlights:
Tax Resolution Services-2012 Stevie Award Finalists for Business
I am extremely proud to announce that both Brian Compton and I have been selected as 2012 finalists for the 10th Annual Stevie Awards. Brian was selected for Executive of the Year for Accounting, Banking, & Financial Services and I am a finalist for Maverick
Tags: back tax debt, Back Taxes, brian compton, delinquent tax returns, innocent spouse relief, IRS audits, IRS enforcement, IRS penalties, irs problems, IRS tax issues, Michael Rozbruch, Offer in Compromise, Payroll Tax Problems, Stevie Awards, tax debt, Tax Mama, tax man, tax professional, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS help, IRS payment plan, Innocent Spouse, Offers in Compromise, Payroll Tax Problems, Seeking Professional Tax Help, Tax Debt Help News, Tax Liens and Levies, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Tuesday, May 1st, 2012
I recently posted tax relief tips on the Big Biz Show blog. Here is a link to the blog post and I would encourage readers who missed the tax deadline to take a look.
With tax season a recent memory and many still facing difficult tax issues, the topics covered in the post focused on how to deal with these common IRS tax problems:
IRS audits
Delinquent tax returns
Tax debt payment options: using
Tags: Back Taxes, Installment Agreement, IRS audit, IRS audits, IRS debt, IRS help, IRS payment plan, IRS tax problems, tax advice, tax issues, tax professional, tax relief, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, IRS payment plan, IRS tax audit, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help | No Comments »
Friday, April 27th, 2012
Happy Friday! The common theme in last week’s news was aimed at giving tax relief advice to those who did not make the tax filing deadline of April 17.
Here are some of the highlights:
The IRS just released a video entitled Employee or Independent Contractor? aimed at getting employers to properly classify their workers as either an employee or independent contractor. Improper classification can result in steep IRS penalties but many
Tags: "son of boss" tax shelter, Back Taxes, delinquent tax returns, delinquent taxes, e-commerce, failing to file federal tax return, FALSE TAX RETURNS, filing false federal tax return, Identity Theft, IRS audit, IRS audits, IRS debt, IRS enforcement, IRS help, IRS payment program, IRS penalties, Payroll Tax Problems, tax attorneys, tax debt, tax evasion, tax fraud, tax issues, tax relief, Tax Resolution Universithy blog, Tax Tips, unfiled tax returns, virtual businesses
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS Installment Agreements, IRS payment plan, IRS tax audit, Identity Theft, Offers in Compromise, Payroll Tax Problems, Penalty Abatement, Seeking Professional Tax Help, Tax Debt Help News, Tax Evasion Advice, Tax Relief News, Tax Resolution Options and Alternatives, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Friday, April 27th, 2012
The IRS just released a video entitled Employee or Independent Contractor? that gives guidance to unsure employers interested in properly classifying their workers as either an employee or independent contractor. Improper classification can result in steep IRS penalties for both employer and worker with many business owners getting into trouble simply because they don’t know the difference. Understanding this distinction can help a business owner avoid an IRS audit.
The IRS
Tags: Back Taxes, certified tax resolution specialist, Installment Agreement, IRS audit, IRS audits, IRS debt, IRS payment plan, IRS penalties, IRS tax problems, Offer in Compromise, payroll tax penalties, Payroll Tax Problems, tax attorney, tax attorneys, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax settlement, Tax Tips, worker classification
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, IRS help, IRS payment plan, IRS tax audit, Offers in Compromise, Payroll Tax Problems, Penalty Abatement, Tax Debt Help News, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Thursday, April 26th, 2012
News agencies were abuzz about Wednesday’s Supreme Court decision stating the IRS could not use the extended, six-year statute of limitations to collect unpaid taxes from a business, Home Concrete & Supply, LLC in a tax shelter case. Robert Wood of Forbes in his article HUGE Taxpayer Win: Supreme Court Tells IRS 3 Years to Audit Is PLENTY! believes the historic decision regarding this tax shelter case will have a
Tags: "son of boss" tax shelter, Back Taxes, certified tax resolution specialist, delinquent taxes, IRS audit, IRS audits, IRS penalties, IRS tax issues, offshore accounts, tax attorney, tax cheats, tax evasion, tax liens, tax problems, tax relief, Tax Resolution University, tax shelter, unpaid taxes
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Tax Evasion Advice, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Voluntary Disclosure, income tax relief, tax help | No Comments »
Wednesday, April 25th, 2012
Like clockwork, about a week or two after the April 17 tax deadline, I begin fielding taxpayer questions regarding what tax documents to keep and for how long. A recent article in Forbes by Tax Girl Kelly Phillips Erb entitled How Long Should You Keep Records after Tax Day? provided good guidelines on the subject.
Here are seven basic recommendations for keeping tax documents both individuals and small businesses can follow:
In
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, failing to file federal tax return, FALSE TAX RETURNS, filing false federal tax return, income tax relief, IRS audit, IRS audits, IRS enforcement, IRS payment plan, IRS penalties, irs problems, IRS tax problems, tax attorney, tax attorneys, tax fraud, tax issues, tax relief, tax resolution expert, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, IRS tax audit, Tax Debt Help News, Tax Problem FAQs, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax relief testimonials | No Comments »