Posts Tagged ‘IRS tax problems’

Tax Resolution Services interviewed by Terry Bradshaw

Thursday, September 1st, 2011

“When Bad Things Happen to Good People” is an appropriate title for the recent episode of Business Day TV with Terry Bradshaw featuring an interview with the leaders of Tax Resolution Services, Co.

This special episode acknowledges the poor economic realities currently facing many Americans, some for the first time and often through no fault of their own. Negative life altering events such as job loss, death of a loved one
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Got back taxes? It’s Never Too Late to File a Tax Return

Tuesday, August 30th, 2011

For anyone with outstanding tax debt, I wanted to provide additional information to the IRS’s advisory list of Ten Tips for Taxpayers Who Owe Back Taxes or Have Other Tax Debt newsletter published a few weeks ago. The IRS’ objectives on this subject are simple; collect every cent of taxes owed as soon as possible. In order to achieve this, the IRS has made the payment process easy by widely
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IRS Amnesty Deadline August 31

Wednesday, August 17th, 2011

Foreign Bank Account Report (FBAR) violators be warned that time is running out to report offshore bank accounts.
The time to file is now!

The second (and possibly the last) IRS amnesty program is set to expire on August 31, 2011. We had a recent press release hit about this called Tick, Tock, Tax – IRS Amnesty Program’s August 31st Deadline is Approaching Fast.
With no replacement program on the horizon,
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Tax Problems Affect 1 out of 6 Americans

Monday, August 8th, 2011

Tax Problems Affect 1 out of 6 Americans – If You Need Tax Help, You’re Not Alone!
1 in 6 Americans has a tax problem; that’s approximately 26 million people! In this video, shot at Tax Resolution Services headquarters, I talk about how terrifying IRS tax stress can be and how scared people are with their overwhelming tax problems. I see this happening in my practice every day. The IRS is
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Tax Help Tip: Frivolous Tax Deduction Claims Can Lead to Big IRS Problems

Friday, August 5th, 2011

Feel like you deserve to deduct something and push the limits of what is legal? The IRS isn’t putting up with frivolous deduction claims, and in fact, will slap you with a fine.  U.S. legal code 6702 states that “A person shall pay a penalty of $5,000 if such person files what purports to be a return of a tax …and is based on a position which the Secretary has
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Celebrity Tax Woe: Snipes Appeal Rejected

Thursday, July 7th, 2011

Actor Wesley Snipes’ request for an appeal for a 3-year prison term was rejected by the Supreme Court in the beginning of June. Snipes was sentenced to prison until 2013 after his 2008 trial conviction of three misdemeanor charges of willful failure to file income tax returns from 1999 to 2001. Tax Resolution first blogged about Snipes’ IRS tax problems here.
If you owe money to the IRS, especially $25,000 or
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Tax Resolution Services, Co. 2011 American Business Awards

Thursday, June 23rd, 2011

Last month I blogged about how I was nominated by the American Business Awards as a finalist for the Executive of the Year in the Financial Services Category (see Tax Relief News: Michael Rozbruch Named a Finalist for Executive of the Year by Stevie Awards.  I was nominated in 2009 and it was a huge honor to be a nominee again this year.
I wanted to congratulate the Stevie Award Winner
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Tax Help News Round Up – Summer Time Tax Tips for Young Job Hunters, Small Business Tax Breaks, More Celebrities Tax Troubles and Precedent Tax Case for Animal Lovers!

Monday, June 20th, 2011

Latest edition of tax help news covering all things tax, from small business tax break checklists to furry feline tax court. This week we’ve Stumble(d)Upon the following tax news and cases:
The Real World: Tax Tips for Summer Workers – Is your son or daughter still looking for a job this summer? Consider employing them for your business and save big time on taxes! Check out this checklist for tax-saving tips as posted
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Tax Resolution University in Top 50 Tax Blogs of 2011

Sunday, April 10th, 2011

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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Tax Relief FAQ: What Is Worker Misclassification And How Is It Determined by IRS Business Audits?

Wednesday, January 19th, 2011

As a business owner, there are two types of workers you will deal with: employees and independent contractors. When it comes to tax and the IRS, the difference between the two is crucial.
For each employee, it is the business owner’s responsibility to withhold and pay Social Security and Medicare taxes, income taxes and pay unemployment taxes on wages paid. However, when employing an independent contractor, as a general rule, the
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Year-End Tax Tips For Individuals: How to Save on Taxes in 2011

Sunday, December 12th, 2010

What a a year 2010 was! With all the media exposure on tax relief scandals like Roni Deutch and American Tax Relief, celebrity tax woes, and the UBS offshore tax evasion cases. Alas, we are at a close of the year with only two weeks left before the new year rolls around, what can you do as an individual taxpayer now so that you can save some money come 2011
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Tax Relief: How Successful Resolution is Defined for Taxpayers Facing Different IRS Problems

Sunday, October 31st, 2010

When you are working to resolve your back taxes, your definition of “success” will depend on the specifics of your situation. Some taxpayers find success in lowering their tax bill. However, not everyone is eligible to pay “pennies on the dollar” on their IRS back taxes, and in many cases, preventing or halting debilitating IRS collection tactics is vital to help struggling taxpayers preserve their finances to the greatest degree
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Tax Help Alert: How to Protect Yourself as Zeus Trojan Hides Under IRS Name! Again!

Monday, October 25th, 2010

The Zeus Trojan attacks again!
According to PC1News.com, taxpayers received fake email messages from the IRS which inform them that the tax payments they made were rejected. Then the taxpayer would be redirected to the malicious website where users would have to enter the private information. The Zeus Trojan then saves this sensitive information for whatever purposes they wish.
Wanting to learn more, our tax resolution team went on to Snopes.com to
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Tax Relief News: Expert Tax Relief Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

Monday, October 18th, 2010

Contrary to what some TV advertisements will have consumers believe, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, expert tax help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.
Many taxpayers in the current economic downturn are struggling to make ends meet, have lost theirs job, are
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Tax Help: How You Can Get Real IRS Tax Relief Without Getting Scammed

Wednesday, October 13th, 2010

As a tax relief expert, I am happy when I run across educational articles like the one published recently on Suite101.com about how to get IRS tax debt relief without getting scammed.
In light of the recent news stories about Roni Deutch and American Tax Relief under fire for deceptive business practices and cheating taxpayers out of thousands of dollars without delivering actual tax relief, there is no better time than
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