Posts Tagged ‘IRS back taxes’
Friday, June 7th, 2013
Sharing client success stories is important because it shows that IRS tax problems can happen to anyone including hard-working honest people, often through no fault of their own.
A new video clip on The Blaze TV highlights a viewer who called Tax Resolution Services, Co. (TRS) after hearing Host Glenn Beck talk about client success stories on his program. This viewer owed more than $33,000 in back taxes but TRS was able
Tags: audit, Back Taxes, Glenn Beck, IRS back taxes, Offer in Compromise, tax problem, tax relief, tax representation, tax resolution services, TheBlaze TV, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS payment plan, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution services | No Comments »
Thursday, May 30th, 2013
It appears actor and comedian, Chris Tucker is taking a bite out of his huge $12 million dollar tax debt. According to a TMZ.com article titled: “Chris Tucker’s Tax Debt – $1,000,000 Down, 12 More to Go!“, it seems that the actor recently wrote checks totaling $985.028.98 to pay off two Georgia state tax liens: one for $592,594.82 for tax year 2007 and $392,332.16 for tax year 2006.
We reported in
Tags: bank levy, certified tax resolution specialist, Chris Tucker, federal tax liens, IRS back taxes, irs problems, IRS tax problems, tax attorney, tax liens, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Celebrity Tax Woes, IRS payment plan, Seeking Professional Tax Help, Tax Liens and Levies, Tax Relief News, income tax relief, tax resolution | No Comments »
Wednesday, May 15th, 2013
Question: I am filing bankruptcy to get out from underneath debt brought on by some bad financial decisions. Can I discharge in bankruptcy the IRS back taxes I owe for tax years 2008 and 2009 that amount to roughly $25,000? I am struggling financially to pay off all the debt I incurred in this mess but am particularly overwhelmed with the tax debt. Do I have any chance at tax
Tags: certified tax resolution specialist, IRS back taxes, IRS installment agreement, Michael Rozbruch, Offer in Compromise, tax attorney, tax debt, tax relief, tax relief bankruptcy
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Discharging Taxes in Bankruptcy, Expert Help From Tax Attorney, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax Resolution Options and Alternatives, income tax relief, tax help | No Comments »
Friday, May 10th, 2013
This was a busy week in tax relief and IRS news. The stories that caught our attention ranged from how long to keep IRS tax records, to celebrity tax woes and finding tax debt solutions to the pro’s and cons of IRS prepared returns.
This week started with a helpful post titled: Tax Relief Tips for How Long to Keep IRS Records. A general rule of thumb guideline suggests that
Tags: Audits, Back Taxes, Celebrity Tax Woes, IRS back taxes, irs problems, IRS tax debt, Lauryn Hill, Offer in Compromise, Qualified Tax Professional, Stephen Baldwin, stephen baldwin tax problems, tax relief, Tax Resolution University
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Celebrity Tax Woes, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, tax resolution, tax resolution services | No Comments »
Monday, March 18th, 2013
The IRS issued a press release late last week indicating an estimated 984,400 taxpayers who did not file a tax return in 2009, are entitled to a slice of $917 million in tax refunds! The IRS estimates that half the potential refunds for 2009 are more than $500.
There is a catch though. To collect the 2009 refund, a return must be filed, properly addressed, mailed and postmarked to the IRS
Tags: delinquent tax returns, Earned Income Tax Credit (EITC), IRS back taxes, IRS penalties, IRS tax issues, offshore bank accounts, tax attorney, tax debt, tax problems, Tax Resolution University blog
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Filing Unfiled Returns and Replacing Substitute for Ret, IRS payment plan, Tax Debt Help News, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Thursday, March 7th, 2013
A recent Wall Street Journal article titled “Offshore Tax Probe Picks Up” shows the Feds continuing to go after Swiss banks both big and small. The government has also expanded their search for U.S. tax cheats in countries such as Israel, India, Singapore, China and elsewhere they believe citizens might be sheltering their secret accounts to evade paying taxes on them.
The article reports that on Monday Switzerland’s oldest private bank, Wegelin
Tags: certified tax resolution specialist, FBAR reports, IRS back taxes, IRS penalties, offshore tax settlement, tax relief, The Wall Street Journal
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Expert Help From Tax Attorney, Offshore Tax Settlements, Tax Evasion Advice, Tax Relief News, Voluntary Disclosure, tax help, tax resolution | No Comments »
Wednesday, February 20th, 2013
I was recently interviewed by Alan Mendelson host of “Best Buys with Alan Mendelson” a television show that features the best deals and money saving ideas.
Watch Alan’s special report on Tax Resolution Services, Co. in the video below on how consumers can get help to pay off their income tax debts to the IRS and to the state.
Tune in to KTLA Channel 5 this Saturday February 23rd at 5:30pm PT
Tags: alan mendelson, Back Taxes, IRS back taxes, ktla channel 5, Michael Rozbruch, tax resolution, tax resolution services co
Posted in Business Services, IRS help, Tax Help Video, Tax Relief News | 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 »
Thursday, January 31st, 2013
Even though the latest voluntary disclosure program has officially past, it is still better to come clean with unreported offshore bank accounts than to wait for the IRS to contact you. The IRS is placing more severe penalties on non-compliant offshore account holders than ever before. A recent Forbes article titled “Florida Widow Guilty + $21M Penalty for Inherited Swiss + Liechtenstein Accounts,” explains just how tough it has become.
The article’s
Tags: certified tax resolution specialist, FATCA, FBAR regulations, Forbes Magazine, Forbes.com, IRS back taxes, IRS penalties, offshore bank accounts, offshore tax settlement, tax attorney, tax fraud, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Offshore Tax Settlements, Penalty Abatement, Tax Evasion Advice, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Voluntary Disclosure, income tax relief | No Comments »
Tuesday, January 29th, 2013
I wrote a post on the Tax Matters blog about tax protesters and how their frivolous tax defense against the IRS is a losing battle. Evidence of that is celebrity tax protester, Wesley Snipes who is currently serving a three year prison sentence for willfully refusing to file and pay millions in taxes for years 1999 through 2001. A recent Forbes article titled: “Are Tax Protesters Actually Winning?” examined just
Tags: certified tax resolution specialist, IRS back taxes, IRS penalties, irs problems, IRS tax debt, IRS tax settlement, tax attorney, tax audit, tax court, tax protesters, wesley snipes, wesley snipes and taxes, Wesley snipes tax evasion
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, IRS tax audit, Tax Evasion Advice, Tax Relief News, Tax Scams, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Monday, January 14th, 2013
Last week, the National Taxpayer Advocate, Nina E. Olson, released her 2012 annual report to Congress where she suggested the need for tax reform as the priority number one for the tax administration. Other important tax problems Olson mentions are the following:
How the IRS is not adequately funded to properly serve taxpayers and collect taxes due to chronic underfunding.
How the IRS has not been affective in assisting victims of tax-related
Tags: certified tax resolution specialist, Identity Theft, IRS back taxes, irs problems, tax attorney, tax audit, tax gap, tax issue, tax problems, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Identity Theft, Offshore Tax Settlements, Tax Relief News, Taxpayer Advocate, Voluntary Disclosure, tax help, tax resolution | No Comments »
Friday, November 23rd, 2012
Happy Friday! Here are some of the tax relief news headlines we reported on this short holiday week:
IRS Audits-Back Taxes
It appears that comedian and actress Janeane Garofalo never thought she was married believing her 20 year “sham wedding” in Las Vegas to writer and producer Rob Cohen decades ago was not real. However, the IRS may not see it that way. They couple could face an IRS audit and IRS
Tags: Back Taxes, IRS audit, IRS back taxes, offshore tax evasion, tax cheats, tax evasion, tax fraud, tax problem resolution industry, tax relief, tax resolution services, tax scam
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, IRS tax audit, Offshore Tax Settlements, Tax Evasion Advice, Tax Scams, Voluntary Disclosure, income tax relief, tax help | No Comments »
Monday, October 15th, 2012
For those people who are scrambling to get your taxes completed for today’s extension deadline, I hope you made it through. For those who have not yet filed because of panic and overwhelm take note; doing nothing to resolve IRS back taxes only makes matters worse and more expensive over time. This is because compounded interest and penalties will accrue and any future tax refunds that will go towards the
Tags: certified tax resolution specialist, delinquent tax returns, IRS back taxes, IRS payment plan, IRS tax debt, IRS tax settlement, Offer in Compromise, tax attorney, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Filing Unfiled Returns and Replacing Substitute for Ret, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, tax resolution | No Comments »
Tuesday, October 2nd, 2012
The deadline to submit your extended 2011 tax return is October 15! The IRS created a video to not only remind taxpayers of the deadline but also to suggest they review their tax returns to make sure they take advantage of tax benefits that often get overlooked.
A recent Accounting Today article titled: IRS Warns of Impending Tax Extension Deadline listed the “overlooked” tax credits and deductions that low to moderate
Tags: Back Taxes, certified tax resolution specialist, Installment Agreement, IRS back taxes, IRS payment program, IRS penalties, October 15 tax deadline, Offer in Compromise, tax attorney
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS Installment Agreements, IRS payment plan, Offers in Compromise, Penalty Abatement, Tax Help Video, Tax news and tips, Working with the IRS, tax help, tax resolution | No Comments »
Friday, August 17th, 2012
Hello and Happy Friday! This was a busy week that covered a range of IRS tax relief topics. Let’s round them up:
Offshore Tax issues: Swiss Bank UBS filed a lawsuit this week against one if it’s former billionaire clients, Igor Olenicoff for damages the bank incurred defending the 2008 suit Olenicoff filed against them. Janet Novack’s article @Forbes titled UBS Sues Billionaire Olenicoff in Offshore Tax Cheating Case explains this
Tags: IRS audit, IRS back taxes, IRS debt, irs tax relief, IRS tax settlement, Offer in Compromise program, tax issue, tax lien, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, IRS help, Offers in Compromise, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution | No Comments »