Posts Tagged ‘IRS payment plan’
Wednesday, February 8th, 2012
An article from TMZ titled Lil’ Kim Breaks the Million Dollar Tax Lien Mark reported on rapper Lil Kim and her current $1,026,862.42 IRS tax lien. Lil’ Kim appears to be no stranger to tax troubles as hers are well documented and stretch out over a ten year period. A spokesperson for Lil’ Kim said that she “hired professional attorneys to handle this matter” and that “she, along with her
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, IRS debt, IRS enforcement, IRS payment plan, IRS penalties, irs problems, IRS tax problems, Lil' Kim, tax expert, tax problems, tax professional, tax resolution, tax resolution expert, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Expert Help From Tax Attorney, General Business, IRS payment plan, Penalty Abatement, Seeking Professional Tax Help, Tax Debt Help News, Tax Liens and Levies, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Wednesday, February 1st, 2012
Michael Reiss, New Jersey doctor, professor and medical researcher, was sentenced on January 11, 2012 for failing to report his offshore (UBS) bank accounts. According to the IRS, Reiss was sentenced to eight months in a community confinement center for failing to file Reports of Foreign Bank and Financial Accounts (FBAR) with the IRS. Reiss pleaded guilty in August 2011 and agreed to pay back taxes of at least $400,000
Tags: certified tax resolution specialist, FBAR, FBAR amnesty 2011, FBAR penalties, Fbar reporting, Foreign Bank and Financial Accounts (FBAR), Foreign Bank and Financial Accounts (FBAR) regulations, Installment Agreement, IRS enforcement, IRS payment plan, IRS penalties, IRS tax problems, Michael Reis, Michael Reiss, tax advice, tax attorney, tax cheat, tax cheats, tax evasion, tax expert, tax professional, tax relief, tax resolution, tax resolution expert, Tax Tips, Voluntary Disclosure
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Banking & Finance, Expert Help From Tax Attorney, General Business, IRS Question Corner, IRS Tax Cases, IRS help, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Evasion Advice, Tax Relief News, Tax news and tips, Voluntary Disclosure, income tax relief, tax help, tax relief testimonials | No Comments »
Tuesday, January 24th, 2012
An article in Bloomberg entitled IRS Called Easy on Criminal Tax Evaders in Watchdog’s Critique outlines Nina Olson of the National Taxpayer Advocate’s concerns that intentional tax evaders get more IRS help than those who weren’t intending to hide money from the U.S. government. Olson warns that future IRS collection efforts could be jeopardized due to confusion over the treatment of accidental tax evaders.
The IRS sees
Tags: Back Taxes, certified tax resolution specialist, income tax relief, Installment Agreement, IRS enforcement, IRS help, IRS payment plan, IRS penalties, IRS tax problems, offshore accounts, offshore tax evasion, tax attorney, tax attorneys, tax cheat, tax cheats, tax evasion, tax expert, tax help, tax problems, tax professional, tax relief, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Expert Help From Tax Attorney, General Business, IRS help, IRS payment plan, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Evasion Advice, Tax news and tips, Taxpayer Advocate, Unfiled Returns - Delinquent Tax Returns, Voluntary Disclosure, tax help | No Comments »
Thursday, January 19th, 2012
While cutting government spending is often seen as a good thing, in the case of the IRS, it may be having the opposite effect. Forbes featured an article IRS Advocate: New Taxpayer Rights Crisis Is Brewing highlighting the release of a recent annual report to Congress by National Taxpayer Advocate, Nina E. Olson. Olson, known for being one of Washington’s most outspoken officials, states her concerns for current IRS policies
Tags: Back Taxes, certified tax resolution specialist, income tax relief, IRS audit, IRS enforcement, IRS help, IRS payment plan, irs problems, IRS tax problems, Professional Tax experts, tax advice, tax debt relief, tax gap, tax relief, tax resolution expert, tax settlement, Tax Tips, Taxpayer Advocate
Posted in 365 Ways to Keep the IRS at Bay, IRS help, IRS payment plan, IRS tax audit, Seeking Professional Tax Help, Small Business Taxation, Statutes of Limitations – Taxpayer’s rights, Tax Debt Help News, Tax news and tips, Taxpayer Advocate, income tax relief, tax help | No Comments »
Monday, January 16th, 2012
The IRS just released a study showing a rise of under-reporting by American taxpayers to the tune of $450 billion dollars in 2006; that’s up $105 billion from the last IRS study that was conducted in 2001.
A Forbes article called New IRS Tax Gap Report: Cheating Still Rampant shows taxpayers have an 83.1% compliance rate. That means that the 17% of American taxpayers who are under-reporting their taxes are contributing
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, Foreign Bank and Financial Accounts (FBAR), IRS debt, IRS enforcement, IRS payment plan, irs problems, IRS tax problems, tax gap, tax relief, tax resolution, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, Tax news and tips, income tax relief, tax help | No Comments »
Wednesday, January 11th, 2012
Major news agencies are reporting the recent IRS announcement that it was “reopening” the offshore voluntary disclosure program to encourage taxpayers to disclose their offshore accounts and becoming current with their IRS tax debt. An article written in Forbes, IRS Offers Taxpayers One More Chance, shined some light on the most likely motives for this latest IRS amnesty: money.
In a statement from the January 9th press release, IRS Chief Doug
Tags: Back Taxes, certified tax resolution specialist, IRS debt, IRS enforcement, IRS payment plan, IRS penalties, irs problems, Offshore Banking, tax help, tax problems, tax relief, tax settlement, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, Offshore Tax Settlements, Tax Problem FAQs, Tax news and tips, tax help | 1 Comment »
Thursday, January 5th, 2012
With holiday festivities in the past and a new tax season on the horizon, it is important to take a moment before all the preparation to give your appreciation to the IRS. Yes, that’s right; give them thanks for the service they provide. This praise probably sounds strange to the 1-6 Americans with IRS tax problems who don’t feel very thankful facing the most powerful collection agency on the planet.
Tags: Back Taxes, delinquent taxes, income tax relief, Installment Agreement, IRS audit, IRS debt, IRS help, IRS payment plan, IRS penalties, irs problems, IRS tax problems, tax problems, tax relief, tax settlement, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, Working with the IRS | No Comments »
Thursday, December 29th, 2011
For those who owe the IRS back taxes, you will want to take note before the new tax year. There is a new tool in the IRS tax collection arsenal poised to better recover unpaid taxes, detect tax fraud schemes, and reduce the number of fraudulent refunds the agency pays out than ever before. An Information Week article “IRS Uses Analytics to Help Collect Delinquent Taxes”, announced news of the
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, failing to file federal tax return, IRS debt, IRS enforcement, IRS help, IRS payment plan, IRS tax problems, RS back taxes, tax attorney, tax help, tax lien, tax problem, tax problems, tax professional, tax relief, tax settlement, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, General Business, IRS payment plan, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, tax help | No Comments »
Friday, December 23rd, 2011
This Tuesday, a deadline passed in which 11 Swiss banks were given an IRS ultimatum to hand over account information and pay billions in fines to avoid US tax evasion prosecution. However, what the banks have not divulged are the claims that they would also have to provide all correspondence of their offshore clients over the last 11 years. An online article from “US tax “ultimatum” has Swiss banks sweating”
Tags: Back Taxes, certified tax resolution specialist, Foreign Bank and Financial Accounts (FBAR), IRS enforcement, IRS payment plan, IRS penalties, irs problems, tax attorney, tax cheat, tax evasion, tax expert, tax help, tax problems, tax settlement
Posted in 365 Ways to Keep the IRS at Bay, Expert Help From Tax Attorney, Offshore Tax Settlements, Seeking Professional Tax Help, Voluntary Disclosure, tax help | No Comments »
Friday, December 16th, 2011
Every year, millions of taxpayers fail to file their federal taxes by the April 18 deadline. This inaction inevitably leads to paying more in the form of unnecessary fines and penalties on top of the taxes owed. Even those folks, who filed an extension, are still responsible for filing the taxes owed plus penalties for the delay. Depending on the tax amount due, continuing to neglect to file yearly tax
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, failing to file federal tax return, income tax relief, IRS enforcement, IRS payment plan, IRS penalties, irs problems, tax problems, tax relief, tax resolution expert, tax settlement, Tax Tips, unfiled tax returns
Posted in Tax Problem FAQs | No Comments »
Thursday, December 15th, 2011
The IRS has created its own storm of controversy by going after US Citizens worldwide to collect their taxes. But from the nearly one million American citizens who live and work in Canada, the IRS received a stern message: clarify the regulations for tax compliance. Initially, many law-abiding citizens living abroad who failed to file US tax returns or declare financial holdings were simply unaware that they needed to do
Tags: (OVDP) Offshore Voluntary Disclosure Program, Back Taxes, certified tax resolution specialist, delinquent tax returns, delinquent taxes, failing to file federal tax return, IRS enforcement, IRS payment plan, IRS penalties, IRS tax problems, tax resolution, tax resolution expert, tax settlement, unfiled tax returns
Posted in Tax Problem FAQs | No Comments »
Wednesday, November 30th, 2011
As a certified tax resolution specialist, I have said it many times before; it never pays to hide from the IRS. Nowhere is that more apparent than with the government crackdown on off-shore tax evaders. The creation in 2010 of Foreign Account Tax Compliance Act (FATCA) set into motion serious U.S. efforts to combat tax evasion by U.S. taxpayers with investments in offshore accounts. Not only do FATCA regulations have
Tags: Back Taxes, certified tax resolution specialist, Foreign Account Tax Compliance Act (FATCA), Free Tax Consultation, IRS enforcement, IRS help, IRS payment plan, IRS penalties, irs problems, IRS tax problems, off-shore accounts, offshore tax evasion, tax attorney, tax attorneys, tax cheat, tax resolution expert, tax settlement
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS help, Tax Problem FAQs, Tax news and tips | No Comments »
Tuesday, November 1st, 2011
On his new channel, GBTV, multi-media personality Glenn Beck gives a rousing “thumbs up” to Tax Resolution Services as the best firm in the business to settle back tax issues. Beck, no fan of the IRS and never shy to share his opinion, concludes that the IRS is the most brutal collection agency on the planet. They can shut your business down without a court order.
Glenn Beck’s main points include:
You
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, GBTV, Glenn Beck, Installment Agreement, IRS enforcement, IRS help, IRS payment plan, irs problems, IRS tax problems, tax attorney, tax debt, tax expert, tax problems, tax professional, tax relief, tax resolution expert, tax resolution services, tax settlement
Posted in Back Taxes, Expert Help From Tax Attorney, Seeking Professional Tax Help, Tax Problem FAQs, Tax news and tips, income tax relief, tax help | No Comments »
Thursday, October 20th, 2011
Question: I’m really behind on my taxes, and now I’m getting letters from the IRS. I’m having trouble sleeping. I don’t know how I can pay this tax debt. I also have a mortgage and my daughter starts college next year. How can you help?
Answer: I know that feeling. I know what you’re thinking and why you’re worried. The reason for that is because I’ve had so many clients
Tags: Installment Agreement, IRS payment plan, Offer in Compromise, tax debt, tax professional, tax resolution services
Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, Offers in Compromise | No Comments »
Monday, October 10th, 2011
These are challenging financial times for many people. What makes this economic recession so unique is that it has gone on for so long and transcended so many income levels. In it’s wake, it has left an increasing number of consumers more financially vulnerable than ever before. These tax distressed individuals, fearful and often not sure what to do have avoided delinquent tax issues and are finding themselves on the
Tags: Back Taxes, certified tax resolution specialist, delinquent taxes, income tax relief, IRS debt, IRS payment plan, irs problems, IRS tax lien, IRS tax problems, irs wage garnishment, tax attorney, tax expert, tax help, tax lien, tax problems, tax professional, tax relief, tax resolution expert, tax settlement
Posted in Ask the Expert, Back Taxes, Expert Help From Tax Attorney, IRS Tax Cases, Tax Relief News, Tax news and tips | 1 Comment »