For fifteen years, I have helped resolve IRS tax issues for good people who made past tax mistakes and got into trouble with the IRS. These folks got the the tax relief they needed because they hired expert tax representation capable of handling cases such as theirs. A new Tax Resolution Services commercial for The Blaze TV reminds taxpayers who owe back taxes how important hiring certified tax representation to handle
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Terrell Owens, a six-time NFL Pro Bowl wide receiver, has caught an enormous tax bill from the Internal Revenue Service.
According to celebrity news website TMZ, Owens — popularly known by his initials, T.O. — owes $430,000 in unpaid taxes for the years 2007 and 2009.
During the years Owens racked up the IRS debt, he had lucrative contracts to play football for the Philadelphia Eagles, Dallas Cowboys and Buffalo Bills.
Since not
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With just 13 days until Tax Day, I thought many of you might need some tax relief humor. The article from @TodayMoney titled: “Happy birthday, modern tax system: 100 toasts and roasts“ could be just what the accountant ordered if you are agonizing over preparing your taxes. Here are some historical points of interest from the article about how our current tax system came into existence:

The current tax system was formalized
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The 2013 IRS Update courtesy of Robert Mackenzie at Arnstein and Lehr LLP was released this January. This report covers the most recent IRS (2011) statistics on topics related to tax resolution issues.  I was especially intrigued by the report’s statistics and information over the previous decade including yearly comparisons of IRS levies, tax liens and IRS seizures from years 2001 – 2011. Here is an example of how these
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Roughly 210 million IRS notices will go out this year alone to taxpayers. Many of the recipients already know they have IRS tax debt, and the notice only confirms their worst fears: they are deep in tax debt to Uncle Sam and don’t know where to turn.
Fortunately, we can provide tax relief for taxpayers who find themselves stuck in that situation with the IRS. We recently received a testimonial from
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The IRS has officially announced it will open the tax filing season and begin accepting 2012 tax returns on January 30th. The original opening of tax season was to be January 22nd as that was the date last year 80% of taxpayers e-filed. As I mentioned in a previous post there would be a filing delay for taxpayers especially ones affected by the Alternative Minimum Tax (AMT). The IRS memo
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If you have back tax issues, a New Year’s tax resolution should top the list. As I mentioned in a previous post, the IRS is getting more aggressive with consumers including celebrities who may be hiding income, cheating on taxes or ignoring their back tax debt.
The latest celebrity who should be considering New Year’s tax resolution is rapper Joseph Cartagena, aka Fat Joe. Accounting Today reports in their article: Rapper
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‘Tis the season for gift giving and with the tax season approaching quickly, the IRS has sent out a “special addition tax tips“ bulletin regarding charitable contributions to help taxpayers understand how their generosity can benefit their taxable income. However, every year thousands of taxpayers overstate these “gifts” and claim charitable deductions significantly higher than their their income level, raising red flags and often triggering an IRS audit. This is not
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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
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Recently laid-off employees who collected severance pay will want to understand their tax obligations to prevent any payroll tax problems from occurring. A recent Wall Street Journal article by Laura Saunders titled “When Severance Pay Is Subject to Payroll Tax” discusses two conflicting federal court rulings over whether severance pay should be subject to payroll taxes and if both employee and employer are entitled to claim a tax refund. For
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If you thought you could hide under the radar with your tax debt, think again. Because the government is hurting for revenue, lawmakers in Washington are getting more creative in collecting back taxes. Their latest consideration: report IRS tax debt to credit agencies. Accounting Today recently published an article titled, IRS May Report Tax Debts to Credit Bureaus that discusses the serious thought and consideration Congress has been giving this
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Question: I’ve heard people talk about the Offer in Compromise, and I owe a lot in back taxes to the IRS. In fact, I’m really not sure exactly how much I owe — but I know it’s more than I can pay. How do I know if I qualify for the Offer in Compromise?

Answer: There are a couple of points I’d like to make before addressing your specific question.
My
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The purpose of the Tax Man series is to explain IRS practices and tax relief solutions that are implemented to help taxpayers get out from underneath tax debt issues. One solution is the “Currently Not-Collectable” or Status 53 as defined by the IRS.
In a recent Tax Man video, Tax Team member, Parham explains that the “Currently Not-Collectable” Status often works for taxpayers whose expenses are higher than their income and
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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
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I started Tax Resolution Services (TRS) in 1998 to help consumers resolve their IRS tax issues. Back then, we were pioneers because virtually no one was handling tax resolution cases. If they did, it was generally for high net-worth clients not regular folks whose fear of their tax debt paralyzed and overwhelmed them. The last 14 years have been rewarding because TRS has been able to help thousands of taxpayers
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