Posts Tagged ‘irs problems’
Friday, May 10th, 2013
This was a busy week in tax relief and IRS news. The stories that caught our attention ranged from how long to keep IRS tax records, to celebrity tax woes and finding tax debt solutions to the pro’s and cons of IRS prepared returns.
This week started with a helpful post titled: Tax Relief Tips for How Long to Keep IRS Records. A general rule of thumb guideline suggests that
Tags: Audits, Back Taxes, Celebrity Tax Woes, IRS back taxes, irs problems, IRS tax debt, Lauryn Hill, Offer in Compromise, Qualified Tax Professional, Stephen Baldwin, stephen baldwin tax problems, tax relief, Tax Resolution University
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Celebrity Tax Woes, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, tax resolution, tax resolution services | No Comments »
Thursday, May 9th, 2013
Recently, I have been asked for my thoughts on the IRS’ proposal to pre-filled tax returns. Under a proposed system, the IRS would pre-fill taxpayers’ returns with the data employers and financial institutions have already reported. I came across a Forbes article titled: “Are IRS Prepared Tax Returns the Solution to our Tax Woes?“ that presented a decent overview of what such a system would mean for taxpayers, tax preparers and
Tags: Audits, IRS penalties, IRS prepared tax returns, irs problems, IRS tax problems, SFR, substitute for return, tax issues, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Filing Unfiled Returns and Replacing Substitute for Ret, IRS tax audit, Tax news and tips, Taxpayer Advocate, tax help | No Comments »
Tuesday, May 7th, 2013
Apparently, Lauryn Hill’s “Miseducation” may relate to how badly she handled her IRS tax problems. According to Accounting Today’s article titled: Fugees Singer Lauryn Hill Sentenced to Prison for Tax Evasion, Hill was sentenced Monday to three months in prison plus three months home confinement for failing to file tax returns for five years and not reporting more than $2.3 million in income. The article explains the terms of her
Tags: certified tax resolution specialist, IRS problem solvers, irs problems, IRS tax problems, tax attorney, tax audit expert, tax debt, tax evasion, tax resolution
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Seeking Professional Tax Help, Tax Evasion Advice, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Friday, April 19th, 2013
I wrote a post for the Tax Matters blog post about a recent report that revealed higher IRS audit rates in five major metropolitan areas. The culprits: small businesses attempting to tax dodge. An article by the Los Angeles Times titled “Los Angeles, San Francisco top cities for tax dodgers, study says” cites a new study from the National Taxpayer Advocate that analyzed IRS data of five metropolitan areas: San
Tags: IRS audits, IRS enforcement, IRS problem solver, irs problems, IRS tax audits, IRS tax issues, tax audits, Tax Matters blog, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Small Business Taxation, Tax Audit Defense, Tax Evasion Advice, Tax Relief News, income tax relief | No Comments »
Tuesday, April 2nd, 2013
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
Tags: IRS debt, IRS penalties, irs problems, tax help, tax relief, Tax Resolution Services on Facebook, Tax Resolution Services Twitter, tax system
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution services | No Comments »
Tuesday, March 26th, 2013
Sometimes the government does things that make you want to shake your head. This post is about one of those instances. The Today Show reported in a segment titled “Live Long and Squander?” that the IRS is under fire for two training videos in particular a “Star Trek” parody the Agency thought would be good for employee training. NBC’s Kelly O’Donnell reports that a congressional committee was angry about the
Tags: IRS problem solvers, irs problems, tax relief, Tax Relief Consultation, tax resolution services
Posted in Tax Problem FAQs, Tax news and tips, Taxpayer Advocate, tax help, tax resolution services | No Comments »
Tuesday, March 19th, 2013
I wrote a Tax Matters post last week on the news that 311,566 federal workers (including retirees) owe over $3.5 billion in back taxes. Many of the details came from both Forbes and MSN who reported on this story. While this topic is quite galling in many respects, the simple fact remains; more government employees with presumably decent incomes are struggling to pay their tax debt and need tax relief.
Tags: Back Taxes, certified tax resolution specialist, federal employees, IRS Payment Plans, irs problems, IRS tax debt, tax attorney, tax debt, Tax Matters blog, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS payment plan, Seeking Professional Tax Help, Tax Debt Help News, Tax Relief News, income tax relief, tax help, tax resolution | No Comments »
Thursday, February 28th, 2013
An article by Forbes titled “11 Changes You Must Know Before Filing Your Tax Return for 2012” reminds us that the recent changes to the tax code could affect many of us and our wallets this tax season. Here are eleven important changes that the article highlights:
Payroll Tax Credit for Self-Employed Taxpayers
W-2 Forms Changed This Year Due to the Affordable Care Act (ACA)
2010 Roth Conversions May Be Subject to Tax
Tax
Tags: certified tax resolution specialist, changes to tax code, delinquent tax returns, IRS audit, irs problems, IRS tax issues, tax attorney, tax problems, tax professional, tax relief, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS tax audit, Seeking Professional Tax Help, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution | No Comments »
Monday, February 11th, 2013
As previously mentioned, I will continue posting client success stories and testimonials to inspire taxpayers with IRS tax problems to take the first steps to get the income tax relief they need. Waiting only makes matters worse.
Good people can have bad circumstances happened to them, often through no fault of their own. When those troubles involve tax debt, their biggest obstacle becomes financial: they have no money to pay their enormous
Tags: audit, Back Taxes, delinquent tax returns, income tax relief, irs problems, Offer in Compromise, satisfied Tax Resolution client, tax client saves money, tax resolution, tax resolution services
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS tax audit, Offers in Compromise, Seeking Professional Tax Help, Tax Relief News, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax resolution | No Comments »
Tuesday, January 29th, 2013
I wrote a post on the Tax Matters blog about tax protesters and how their frivolous tax defense against the IRS is a losing battle. Evidence of that is celebrity tax protester, Wesley Snipes who is currently serving a three year prison sentence for willfully refusing to file and pay millions in taxes for years 1999 through 2001. A recent Forbes article titled: “Are Tax Protesters Actually Winning?” examined just
Tags: certified tax resolution specialist, IRS back taxes, IRS penalties, irs problems, IRS tax debt, IRS tax settlement, tax attorney, tax audit, tax court, tax protesters, wesley snipes, wesley snipes and taxes, Wesley snipes tax evasion
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, IRS tax audit, Tax Evasion Advice, Tax Relief News, Tax Scams, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help | No Comments »
Monday, January 28th, 2013
Last week I was quoted in The Fiscal Times article “Tax Hell: New Laws, New Reasons to Hire an Expert” by Steve Yoder. The article mentions Taxpayer Advocate, Nina Olson’s recent report to Congress that is critical of the burden the current tax system places on taxpayers, specifically on tax return preparation. Olson laments that the tax code is so complex, its burden essentially “requires” taxpayers to use their own
Tags: certified tax resolution specialist, IRS audit, irs problems, IRS tax issues, Tax Advocate, tax attorney, tax debt, tax help, tax professional, tax software, The Fiscal Times
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Seeking Professional Tax Help, Tax Debt Help News, Tax news and tips, Taxpayer Advocate, income tax relief, tax help, tax resolution | No Comments »
Monday, January 21st, 2013
If you are facing IRS tax issues, you may think your seemingly insurmountable IRS problems can never be resolved. But what you don’t realize is that others, often with similar situations and anxieties to yours, have successfully resolved theirs and are sharing their stories.
In a recent episode of the national network television show, TaxMan, I interviewed a former client and business owner, Stuart, who was blindsided by an IRS letter
Tags: certified tax resolution specialist, irs problems, IRS tax issues, Michael Rozbruch, payroll tax issues, tax attorney, tax resolution services, Tax Tips, TaxMan, Trust Fund Recovery
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS Tax Cases, Seeking Professional Tax Help, TAX MAN TV, Tax Help Video, Tax news and tips, income tax relief, tax resolution, tax resolution services | No Comments »
Monday, January 14th, 2013
Last week, the National Taxpayer Advocate, Nina E. Olson, released her 2012 annual report to Congress where she suggested the need for tax reform as the priority number one for the tax administration. Other important tax problems Olson mentions are the following:
How the IRS is not adequately funded to properly serve taxpayers and collect taxes due to chronic underfunding.
How the IRS has not been affective in assisting victims of tax-related
Tags: certified tax resolution specialist, Identity Theft, IRS back taxes, irs problems, tax attorney, tax audit, tax gap, tax issue, tax problems, tax relief
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Identity Theft, Offshore Tax Settlements, Tax Relief News, Taxpayer Advocate, Voluntary Disclosure, tax help, tax resolution | No Comments »
Thursday, January 10th, 2013
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
Tags: Back Taxes, IRS, IRS debt, IRS help, irs problems, tax filing date, tax problems, tax relief, tax resolution, tax resolution services, tax season
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS help, Tax news and tips, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Monday, January 7th, 2013
Now that the “fiscal cliff” crisis has been averted and the dust is settling, we see that taxes for most Americans are going up. The wealthy 2% will see their tax rates increase and the other 98% will see their taxes rise because the payroll tax cut just ended.
A CNN Money article titled: “How Much More Will You Pay” provides a useful chart from the Tax Policy Center showing how
Tags: Back Taxes, income tax relief, IRS audit, irs problems, Qualified Tax Professional, tax advice, Tax Audit Defense, tax help, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS help, Seeking Professional Tax Help, Tax news and tips, income tax relief, tax help | No Comments »