Posts Tagged ‘IRS installment agreement’

Eliminate Tax Debt Through IRS Payment Plan or Offer in Compromise

Thursday, January 19th, 2012

Question: I’ve likely waited way too long, but now that we’re into 2012, I really want to get a handle on my tax debt. In fact, I want to eliminate my tax debt. What advice do you have for me?

Answer: The first thing you should do — and you should do this immediately — is visit a qualified tax professional. He or she will discuss with you your current
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Handle Your Tax Woes With Professional Tax Help, Not Tax Evasion

Friday, April 29th, 2011

I blog about tax evasion cases almost daily on my tax blog!  Why, you may ask?  Because I am trying to highlight that no matter how rich, or how poor, how famous, or non-famous, someone is does not matter to the IRS.  The IRS wants their taxes and they will come after you, if not today, than some time in the future.  Who wants to live constantly looking over their
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IRS Zooms In On Tax Cheats In Millionaire Category Such as Colorado Man Who Did Not Report $4.7 Million

Monday, April 25th, 2011

Do you think that only celebrities get targeted for tax evasion?  Not true! The IRS will come after you – famous or not – if you are cheating on your taxes, especially if you are making millions.  I’ve blogged about how the IRS is zooming in on tax cheats in the millionaire category and the following article supports that case:
A Colorado loan preparer has pleaded guilty to tax evasion, admitting
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Tax Expert Educates About Offer in Compromise and IRS Installment Agreement Plans

Wednesday, April 20th, 2011

Tax day has come and gone.  Do you find yourself fretting about back taxes owed and wondering how you are going to pay them off?  You are not alone!  At Tax Resolution Services, we get inquiries everyday about settling back taxes and what tax help services are available.  The questions below are perfect examples – and the answer is from one of our Certified Tax Resolution Specialists:
Question: How do I know if
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IRS Tax Humor from Tax Resolution Services – A Tax Negotiation and Mediation Firm

Monday, March 28th, 2011

If you owe back taxes and the IRS is coming after you, they can seem like a heartless organization!  This is really not the case.  In fact, the IRS has set up quite a few tax relief programs that encourages consumers to pay their tax debt – including the Offer in Compromise program, where a consumer can potentially save thousands (provided they qualify) and the IRS Installment Agreement, a payment
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Filing False Tax Return Drives Race Car Specialist to Prison Finish Line

Tuesday, March 22nd, 2011

Ian Prout, 38, of Essex, Conn., was sentenced to three months in prison, to be followed by one year of supervised release, for failing to report more than $250,000 in income on his federal tax returns between 2005 and 2007.
According to court records, Prout was a self-employed race car specialist. Typically, Prout rented the facilities for the weekend and was paid to teach high-performance car owners how to drive and
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IRS Payment Plans Alleviate Tax Burden For Those Who Qualify and is a Better Option Than Tax Evasion

Tuesday, March 15th, 2011

Many people don’t know that the IRS will work with you if you owe back taxes and feel that you cannot afford to pay them all at once.  For many of our clients at Tax Resolution Services, we have set up an IRS Installment Agreement plan, simply known as an IRS Payment Plan, which is an arrangement a consumer enters into with the IRS to pay back taxes owed.  This allows the person to
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Tax Professionals Offer Tax Relief Solutions For Back Taxes Owed

Monday, March 7th, 2011

At Tax Resolution Services, we see many consumers who are concerned about how to pay their current taxes owed in addition to any back taxes, interest and penalties they may have accrued for unpaid tax debt.  We reassure them that there are tax relief resolutions available to them.  Our team of Certified Tax Resolution Specialists, tax attorneys, and CPAs find solutions for each and every consumer tax problem that is
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If You Owe the IRS Back Taxes, There Are Tax Relief Options Available

Monday, January 24th, 2011

At Tax Resolution Services we help people who are struggling with back taxes on a daily basis.  Questions about how to settle back taxes are often asked of our Certified Tax Resolution Specialists.  If you are struggling with back tax debt, there are tax relief options available, as outlined below.Â
Question: There’s no way I can pay what the IRS says I owe. No way whatsoever! They say I owe the
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Can I Really Settle Back Taxes with the IRS Offer in Compromise Program or is it a Scam?

Tuesday, July 27th, 2010

With the economy being low, tax scams are abundant these days.  When I came across this question from a taxpayer, I thought it was important to address this.  Many people are confused about why the IRS Offer in Compromise program was created and my answer below should satisfy you.
Question: I’ve read some of what you’ve said about the Offer in Compromise program. To be honest, I find it hard to
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Back Taxes Aren’t Your Only Problem When Concealing Income from the IRS

Friday, July 23rd, 2010

Owing the IRS back taxes can be scary, but ignoring back taxes can be scarier.  Many people (incorrectly) assume that if you owe the IRS back taxes, you will have to come up with the money all at once.  Not true!  There are tax relief options available for those of you that want to settle your back taxes.  These tax relief options, however, are better left up to a tax
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IRS Payment Plans: A Better Option for Tax Relief Than Filing False Tax Returns With the Aid of Your Pastor

Friday, March 26th, 2010

IRS Payment Plans – also know as Installment Agreements – allow the taxpayer to pay tax liabilities over time.  If you owe money to the IRS and feel that your tax debt is overwhelming, seeking professional tax services is a smart idea.  Tax Resolution Services can help a taxpayer negotiate an IRS payment plan with low monthly payments that sets you on the path to financial freedom.  Filing false tax returns
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Top Tax Help Tips For Taxpayers Looking to Settle Tax Debt With an IRS Installment Agreement

Monday, March 15th, 2010

If you owe the IRS more back taxes, penalties, and interest than you can afford, what can you do?
Each year, thousands of taxpayers just like you are battling with how they can resolve their tax problems–it is not unusual for people with tax problems to feel paralyzed by fear and anxiety. The good news is it doesn’t necessarily have to be this way. You can choose to be proactive about
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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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IRS Payment Plans are a Wiser Choice than Tax Evasion: A Connecticut Businessman Finds Out the Hard Way

Monday, November 30th, 2009

IRS Payment Plans, also known as an Installment Agreement, are available to those who owe taxes and feel they cannot pay their tax liability all at once.  If you are in this situation, it is wise to work with a tax professional, such as Tax Resolution Services’ team of tax attorneys and IRS specialists, who can help you negotiate a low Payment Plan with the IRS.  When people are facing
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