Happy post-Tax Day everybody! I hope for most of you, this means a big sigh of relief and a weight off your shoulders. However, if you didn’t have enough money to pay your taxes or have not yet filed, do not despair just yet. There’s still plenty ways you can get tax help to stay out of IRS trouble and keep those penalties low.
Last week I sat down with Russ
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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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There are only a few days left before the tax filing deadline (April 18th), and struggling consumers will need to equip themselves with tax tips on how to reduce their tax bill. Are there tax deductions and tax credits you can take advantage of? If you can’t afford to pay your taxes in full, the last thing you should do is “ignore” your problem. You need to get effective tax
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Don’t miss tomorrow’s Big Biz Show at 1:10pm PST where I will be joining Russ & Sully to talk about the IRS Dirty Dozen for 2011!
In case you’re unfamiliar with the IRS Dirty Dozen, it’s a list of 12 frivolous arguments the IRS does not want to hear from you. Most of these are scams that craft a reason for you to be discharged of your tax liabilities, including:

Filing taxes
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We only have about a week to go before Tax Day 2011. I hope that at this point, you have started your tax preparations–remember: even if you don’t have the money to pay your taxes in full, it’s better to file your taxes and send in a check for $5 than to “ignore” your tax liabilities which will only incur more IRS penalties on top of your unpaid back taxes.
Last
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We’re off to a great start this year! Recently we’ve been listed as one of the 50 best tax blogs on the web! TaxConnnections listed us as one of the Top 50 Tax Bloggers under ‘Individual Tax’. What an honor! Check out the listing here.
I am so proud and incredibly thankful to have my blog recognized for its quality work for the tax community and consumers. At Tax Resolution Services,
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Have you heard of the Dirty Dozen? The IRS calls them “frivolous arguments,” which are 12 frivolous tax arguments you should keep away from.
They usually involve tax scams predicated on ridiculous claims that you don’t have to pay income taxes because of X or you can become exempt from paying income taxes by doing Y.
Every year, in fact, the U.S. Tax Court hears from hundreds, sometimes thousands, of people who
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This week, BusinessWeek reported that AstraZeneca, a U.K. pharmaceutical giant, agreed to settle a U.S. tax dispute and as a result raised its profit target for this year. This is great news not only from a consumer’s point of view, showing that settling back taxes and IRS debt not only brings much needed tax relief, but as a corporation, settling tax issues can reflect positively throughout your business.
AstraZeneca is reported to
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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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There are just less than 2 weeks left before Tax Day 2011! Don’t miss my next appearance on the Big Biz Show tomorrow, Wednesday April 6th at 12:40pm PST where I’ll be sharing more tax help tips for 2010’s returns. I will be covering topics such as:
* Claiming Making Work Pay Credit
* Claiming Breaks for Supporting Struggling Relative
* Deducting Medicare Insurance and Long-Term Care Premiums
* Deducting Fees to Charge Taxes
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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:
If you owe the IRS a large amount of money and can’t afford to pay the lump sum at once, don’t panic. Consider an Installment Agreement, which is a payment plan used to break up payment on a monthly basis. This is a common route taken by qualifying consumers to settle their back taxes.

Read the Installment Agreement FAQ for more information on IRS Payment Plans and Installment
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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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Today’s Tax Resolution Tip:
Brian Compton, fellow Tax Relief Professional suggests you familiarize yourself with the IRS website if you are getting ready to file those tax returns. With April 18th just around the corner, you can easily access guidance and answers to any questions you may have on filing your tax returns using this tool. While it’s April Fools today, this is no joke!
Here is an extra tip – you can
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