Posts Tagged ‘IRS back taxes’

Tax Relief News: Mortgage Tax Breaks on the Brink

Tuesday, August 16th, 2011

With talk of debt ceilings and government budgets swirling around the news it is no wonder why tax relief deductions are a huge topic of controversy.  Tax deductions will cost the government $3 trillion in lost tax revenues between 2010 and 2014 (read the blog here) and now a closer look at current taxpayer trends by the Tax Policy Center states that almost half of Americans do not have to
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Need Tax Relief? Do Your Homework Before Hiring A Specialist

Monday, August 1st, 2011

The reason I got into this business was to help people with their tax issues. Our clients found that dealing with the IRS directly often made their situation harder to resolve and more difficult to understand.  The nature of tax problems is inherently complicated and we sought to simplify that process by providing expert guidance that resulted in getting the best possible tax settlement on behalf of our clients.
Tax Resolution
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Leading Tax Resolution Specialist on Fox Business News

Thursday, July 28th, 2011

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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More People Need Tax Relief for IRS Back Taxes Than Ever Before

Wednesday, July 13th, 2011

I created a video (watch it below) where I spoke at TRS’ headquarters about how so many people today are in trouble with the IRS and in need of tax relief – I thought would be worth sharing here on the Tax Resolution University Blog.

Here are my critical tax relief points from the video:
1. The economy affects back tax payment ability
One in every six Americans has a tax issue with
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Resolve Back Taxes with a Tax Professional Because Tax Schemes Don’t Work!

Tuesday, November 16th, 2010

Are back taxes keeping you awake at night?  Is the IRS demanding payment of back taxes, penalties and interest, and you don’t feel like you can pay it?  There are options!  The first step is to get a tax professional on your side.  At Tax Resolution Services, we deal with back taxes and the IRS everyday.  We can negotiate an IRS payment plan, or possibly even a reduction in what
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Tax Relief News: Expert Tax Relief Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

Monday, October 18th, 2010

Contrary to what some TV advertisements will have consumers believe, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, expert tax help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.
Many taxpayers in the current economic downturn are struggling to make ends meet, have lost theirs job, are
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Nation’s Leading Tax Relief Firm Saves Taxpayer Nearly $38,000 in Back Taxes

Thursday, September 30th, 2010

One of our clients, Brenda V., a taxpayer from West Covina, CA, owed 6 years’ worth of back taxes to the IRS –  amounting to more than $38,000 before qualifying for a tax settlement of $582 through the IRS Offer in Compromise (OIC) program. The OIC program enables a taxpayer without the means to pay off IRS debt to permanently settle that debt for less than the amount owed.
Brenda V.
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Tax Relief News: Taxpayers Can Still Receive Tax Help as IRS Tax Extension Deadline Approaches

Sunday, September 26th, 2010

For those taxpayers who filed last April for an extension, time is running out to file any delinquent tax returns and avoid crippling IRS problems. However, if you were one of many who lack the funds to pay IRS back taxes in full, you may be tempted to not file a tax return at all. And that is a big mistake.
The worst thing to do is avoid tax obligations. I
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Tax Relief for Protecting Your Finances When Faced with Mounting IRS Back Taxes

Friday, September 17th, 2010

With the October 15, tax-extension deadline looming, taxpayers who cannot afford to pay their back taxes in full may be tempted to not file a tax return at all. However, struggling Americans need to make filing and paying their taxes a priority to avoid future IRS problems that could lead to crippling tax liens and garnishments.
The IRS is the most aggressive and brutal collection agency on the planet, and I
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Nation’s Leading Tax Resolution Firm Defends Taxpayer Rights in IRS Audits

Tuesday, July 20th, 2010

As the IRS enforcement budget reaches unprecedented levels, more Americans than ever will be audited. And taxpayers threatened by IRS audits will need to know how to increase their chances of qualifying for tax relief.
In fiscal-year 2009, nearly 1.4 million Americans were audited, which equates to just over 1% of all tax returns filed. The IRS also collected $48.9 billion in back taxes and penalties through collection, examination and document-matching efforts.
The
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Tax Resolution Services Tax Client of the Month: Offer in Compromise Program Reduces Back Taxes from $35,000 to $2,958

Sunday, February 14th, 2010

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
February’s Tax Client of the Month is Steven S.
Steven owed the IRS over $35,000 in back taxes. We were able to settle his debt for just $2,958 through the IRS’s Offer in Compromise program. Our
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Instead of Paying IRS Back Taxes, ‘Intelligent Alternative’ Radio Host Fails to File Tax Returns

Friday, February 12th, 2010

You have a right to pay the IRS back taxes, regardless of how delinquent they are.   If you’ve got back taxes that are unpaid, the most intelligent decision you can make is to consult a Certified Tax Resolution Specialist who will help you prepare and file the delinquent tax return.  Better to do a late tax filing, then be charged with failure to file tax returns like the radio host,
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Ask the Tax Resolution Expert: What if My IRS Back Taxes Problem Cannot Be Resolved with the Offer in Compromise Option?

Monday, February 8th, 2010

Got IRS back taxes?  There is no better time to find tax relief!  Tax Resolution Services will assist you in resolving your tax debt.  Got a tax question?  Tax Resolution Services will answer your tax question. Call us at 1-866-IRS-PROBLEMS or visit www.taxresolution.com
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Question: Like others who have written in questions to you, I have significant tax debt. I am interested in the Offer in Compromise option, but you have said
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California Taxpayers with the Largest Delinquent Income Tax Bills Owe $143 Million in Back Taxes

Friday, April 10th, 2009

The Los Angeles Times released a list of California taxpayers with the largest delinquent income tax bills who together owe $143 million in back taxes.
While O.J. Simpson and his $1.5 million bill have been taken off the list (after being sentence to 9 years in prison), Dionne Warwick (who owes $2.18 million) and Burt Reynolds (who owes $225,000) are among the notable names on the list of 250 people with
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Marion Barry Owes $277,000 in Back Taxes

Monday, April 6th, 2009

Prosecutors allege Washington, D.C., Council member and former Mayor Marion Barry has failed to pay more $277,000 in back taxes.
In a recent court filing, prosecutors told the court the politician had not made a tax payment during a period in which he took a Jamaican vacation and ran for re-election to the Ward 8 council seat.
“There is no excuse for the defendant’s failure to make payments to the District of
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