Posts Tagged ‘IRS payment plan’

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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A Qualified Tax Professional Can Help You Clear Up Back Tax Problems

Friday, April 22nd, 2011

Are there ways to be a responsible taxpayer?  Yes there are – even if you have been irresponsible in the past.  A qualified tax professional can help you clear up back taxes owed and prepare you for the future.  If you have a large back tax debt and want to square it away, Tax Resolution Services will first help you file any delinquent tax returns and then will assess your eligibility for
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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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Michael Shares IRS Dirty Dozen 2011 on Big Biz Show For Consumers Struggling With Paying Taxes

Wednesday, April 20th, 2011

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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Former Alabama Mayor Finds Out That Tax Evasion is Not The Solution For Tax Woes

Tuesday, April 12th, 2011

Filing a false tax return is not the way to resolve your tax woes.  If you feel over your head in back taxes, seek professional tax help for tax relief.  Tax Resolution Services’ expert tax team has helped consumers file delinquent tax returns, set up IRS payment plans, secure IRS Offer in Compromise settlements (for qualifiying consumers) and much more!  Tax evasion, whether you are a city official or celebrity, is not the answer,
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Tax Resolution Tip: Consider an IRS Installment Agreement for Help with Payments

Monday, April 4th, 2011

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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Tax Resolution Tips for Tax Day 2011

Thursday, March 31st, 2011

Today’s Tax Resolution Tip:
Gearing up for tax day 2011? Check out these key tax tips I discussed  recently on the Big Biz Show:
Tax Tip #1: Get help now! Find out if you qualify for tax relief.
Tax Tip #2: Prove you can’t pay.
Tax Tip #3: If you qualify for an IRS payment plan – get one!
Visit our FAQ Page to find answers for your tax questions or check out our Facebook page, 365
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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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Declare Your Offshore Bank Account With Professional Tax Help

Monday, January 31st, 2011

If you have an overseas bank account with undeclared funds, now would be the time to work out a structured IRS payment plan to reduce your chances of criminal prosecution and minimize IRS penalties.  It is wise to do this before the IRS approaches you and having professional tax help is recommended.  Our tax team at Tax Resolution Services will help mitigate the severe IRS penalties and criminal sanctions and
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“Decoder” Tax Scam Stopped by Department of Justice – Settle Back Taxes With A Qualified Tax Professional, Not a Tax Scammer

Tuesday, January 25th, 2011

Tax schemes designed to defraud the IRS of money never work for long.  Taking part in a tax scheme such as the one described below is not the solution to tax relief.  If you owe back taxes, the solution lies with a qualified tax professional who can guide you through the process of tax relief.  Tax Resolution Services is made up of tax attorneys and Certified Tax Resolution Specialists that
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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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Tax Relief FAQ: Do Compliant Taxpayers Pay The Tax Debt For Delinquent Taxpayers?

Sunday, January 23rd, 2011

This is a good, logical question that many taxpayers have, understandably, asked before. The answer is a definitive ‘no’.
The IRS have had a considerable boost in their enforcement budget, allowing them to pursue all tax delinquencies, both personal and business finances. In many circumstances, the IRS is willing to accept less than the total amount owed by taxpayers, in order to bring them back into compliance. Usually these agreements are made with the help
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