Posts Tagged ‘IRS tax problems’

Tax Relief News: Taxpayers Can Still Receive Tax Help as IRS Tax Extension Deadline Approaches

Sunday, September 26th, 2010

For those taxpayers who filed last April for an extension, time is running out to file any delinquent tax returns and avoid crippling IRS problems. However, if you were one of many who lack the funds to pay IRS back taxes in full, you may be tempted to not file a tax return at all. And that is a big mistake.
The worst thing to do is avoid tax obligations. I
[Read More]

Need Tax Help? IRS Tax Problems Plague 1 in 6 Americans – You Are NOT Alone!

Friday, September 24th, 2010

It’s a fact that 26 million Americans have a tax problem. That is every 1 in 6 taxpayers! If you find yourself struggling to get a good night’s sleep, are constantly stressed and worrying about the IRS and your tax debt, now is the time to seek tax help!
These stats show that you are not alone! There is help, whether you are facing back taxes, payroll tax problems or wage garnishments.
[Read More]

TRS Offers Tax Help Advice as Guest Blogger on TaxGirl

Wednesday, September 8th, 2010

I’ve blogged in the past that TaxGirl is a great tax help blog to check out for the latest in tax news. I always liked Kelly Phillips Erb’s tagline for her blog: “Because paying taxes is painful… but reading about them shouldn’t be.”
Therefore, it is my honor to be a guest blogger on TaxGirl this month to discuss the expiring tax cuts and how that will affect American taxpayers.
[Read More]

Tax Help and Tips from Tax Blogger Includes Refreshing and Candid Look at Issues Facing Today’s Taxpayers

Friday, August 13th, 2010

As you know, I often turn to many fellow tax bloggers for the latest tax news and IRS regulations. And while Stacie’s More Tax Tips blog features tax help and tips, I am particularly drawn to her candid refreshing take on the triumphs and woes of today’s taxpayer.
From why she thinks American Express sucks to the true story of a magazine door-to-door sales person who encountered nightmarish tax consequences from her self employment status,
[Read More]

Tax Relief FAQ: What Is An IRS Installment Agreement for Payment of Back Taxes?

Tuesday, July 27th, 2010

Thousands of Americans owe back taxes and interest to the IRS every year. If you are one of the many taxpayers feeling the burden of tax debt, it’s important to take the necessary steps to resolve your IRS problems now – and not later. The worst thing you can do is ignore letters from the IRS in hope that your troubles will go away. They will not, unless you take the
[Read More]

IRS Tax Help Blog from Missouri “TaxGuy” Offers Resources for Tax Preparation and Personal Finances

Friday, July 9th, 2010

There is a lot of tax information out there –  and whether you’re seeking expert tax help or just want to do a bit of  light tax reading, it can be overwhelming trying to filter through all the content available online. As offering expert tax relief and tax assistance is my drive and passion, it is important for me to keep up with the latest tax news. Keeping an eye out
[Read More]

IRS Tax News: Failing to Produce Evidence for Claimed Deductions Will Cost You More in IRS Penalties

Friday, June 25th, 2010

In recent tax court news, the IRS re-affirmed the need for proper, paper-trail evidence when claiming deductions on your tax returns. A couple based in Alaska filed their tax return with medical expense and home deductions, however they failed to supply any evidence of the costs associated with these deductions. Furthermore, their return was filed late. Without providing sufficient evidence, your claims are in effect meaningless. The combined effects of
[Read More]

Tax Resolution Services, Co., Helps Taxpayer Resolve $35,000 in IRS Back Taxes

Thursday, June 24th, 2010

At Tax Resolution Services we recently helped a taxpayer from Colorado reduce his back taxes by over 90% by qualifying for an Offer in Compromise tax settlement.
Taxpayers who owe back taxes to the IRS can take advantage of the Offer in Compromise program created by the government to offer tax relief to those who owe a significant amount of money for a variety of reasons (including failed business, medical expenses,
[Read More]

Avoid Tax Relief Scams to Obtain the IRS Resolution You Deserve with Help From Better Business Bureau’s TrustLink Community

Thursday, June 10th, 2010

The IRS is increasing enforcement to unprecedented levels and with tax relief firms making regular headlines for misrepresenting their ability to resolve IRS problems, it is now more important than ever for taxpayers to check the reputation of prospective tax relief providers, such as their BBB (Better Business Bureau) rating.

The tax resolution industry has become fierce in light of the wobbly current economic conditions – this means that the
[Read More]

Self-Proclaimed Tax Geek at Don’t Mess With Taxes Helps Put More Money in Your Bank Account

Wednesday, June 9th, 2010

Taxes can be complicated and messy. As a Certified Tax Resolution Specialist, it is my goal to offer readers with expert advice to resolve their IRS problems as well as a roadmap to tax resolution.  Not only do I strive to provide you with the most recent news in tax relief, but I also seek to enlighten you on some of the resources I turn to for tax news and information.
[Read More]

Great Tax Help Blog – TaxGirl Offers Valuable Insight to Satisfy All Your IRS Curiosities

Friday, May 28th, 2010

The tax world can be quite overwhelming for many individuals and businesses. You’re not alone and that’s why there is a lot of easily accessible tax information out there – the key is to filter out what is actually useful! Since offering expert tax relief and tax assistance is my drive and passion, it’s important to keep up with the latest tax news. Keeping an eye out for valuable tax
[Read More]

No One is Safe from Tax Audits as the IRS Increases Aggressive Tactics

Thursday, May 27th, 2010

I recently came across an article by Bloomberg’s Ryan J. Donmoyer, IRS Demand for Tax Shelter Lists Has Companies Fearing Audits, that talks about how IRS Commissioner, Doug Shulman, is requesting that companies provide a detailed road map of their tax returns in order to simplify the work of IRS tax auditors.  The Internal Revenue Service has created a form that will require corporations to “list of all tax-saving transactions
[Read More]

Settling IRS Tax Debt: What Taxpayers Don’t Know About Tax Resolution Could Hurt Them

Monday, May 17th, 2010

I’ve blogged before about how IRS Commissioner Douglas Shulman has pledged greater flexibility for taxpayers who have fallen on hard times and owe IRS back taxes.  However, it’s still important to remember that “Revenue” is still the IRS’s middle name.
Due to the economic challenges of the current recession, more tax settlements than ever are expected to be submitted to the IRS this year. While taxpayers with back taxes
[Read More]

Still Owe IRS Back Taxes? Pennsylvania Ad for Tax Amnesty Warns that Big Brother is Watching

Monday, May 10th, 2010

Just in case you thought we were exaggerating, here’s an interesting video (see below) that reflects how tax collection agencies (at both the federal and state level) are becoming increasingly aggressive!
Joseph Abrams reports that the Pennsylvania Department of Revenue has taken on Big Brother scare tactics in the latest search for delinquent taxpayers – despite recent headlines that say taxing authorities have become kinder and gentler to help struggling taxpayers
[Read More]

Expert Tax Help Tips on Taking Advantage of 2009 Tax Credits–Thursday, March 25th at 1:40pm PST

Monday, March 22nd, 2010

This tax season, many taxpayers are struggling to scramble every cent they have in order to not fall behind on their tax payments. While it’s not advisable to skimp on your taxes, there are a number of ways you can save on your tax bill that won’t throw you into IRS trouble.
Join other taxpayers this upcoming Thursday, March 25th at 1:40pm PST by tuning into the Big Biz Show with
[Read More]