Posts Tagged ‘Offers in Compromise’

Mind Your Own Business 2009 -The Unexpected Highlight of the Day

Thursday, February 12th, 2009

Tax resolution specialists Michael Rozbruch and Brian Compton at Mind Your Own Business 2009, originally uploaded by taxresolution.com.
Brian and I attended Finance Day 2009 last weekend. The All-You-Need-To-Know-About-Your-Money Event was a big success. I conducted several seminars on strategies for alleviating tax debt. I was also featured on a panel with KFI’s Bill Handel, host of “Handel on the Law.”
But the best moment of the whole event by far, was
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Tax Resolution Client of the Month

Tuesday, January 27th, 2009

Every month I choose a very special Client Of The Month.  It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Client Of The Month is Merlinda M.
When Merlinda contacted our firm, she owed the IRS over $85K. Our negotiations resulted in the IRS accepting a little over $2K,  via the federal government’s Offer
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We’ve Expanded to Help More Taxpayers Resolve Their IRS Tax Problems!

Monday, January 26th, 2009

Just wanted to let everyone know that we’ve recently expanded to help even more Americans seek tax relief!
It’s very exciting – we’ve just finalized lease negotiations for 11,000 square feet of commercial office space just north of Los Angeles, at our headquarters in Encino, California. Our company now boasts more than 50 legal and tax specialists, and our licensed professional staff consists of 6 Tax Attorneys, 4 CPAs and 2
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In Ailing Economy, More Taxpayers Are Likely to Qualify for Offer in Compromise

Sunday, January 25th, 2009

Faced with overwhelming tax debt, more Americans than ever will be hoping to qualify for the IRS Offer in Compromise (OIC) program and save thousands of dollars in taxes, penalties and interest.
In 2007, approximately 46,000 offers were submitted to the IRS nationally and only 12,000 were accepted. This year, there will be more offers submitted this year, as well as a higher IRS acceptance rate due to the state of
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IRS Question Corner … Offer in Compromise or Installment Agreement?

Monday, December 22nd, 2008

Question: Like a lot of people these days, I have tax troubles. I hear you talk a lot about the Offer in Compromise and the Installment Agreement. How do I know which one is best for me and why?
Answer:  The truth is, it’s impossible to answer that question without going over in detail your current financial situation. For that reason, the first thing you should do is consult a qualified
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Tax Resolution Client of the Month: Offer In Compromise Settlement

Wednesday, November 26th, 2008

Every month I choose a very special Client Of The Month.  It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Client Of The Month is Jessika C.
Jessika owed close to $105,000, to the IRS when she contacted us. Our Tax Professionals negotiated a $900.00 (that’s right…Nine Hundred!) Offer In Compromise settlement with
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Don’t Panic When You Get an IRS Audit Letter in the Mail. Get Help from the Tax Experts!

Thursday, July 24th, 2008

I recently appeared on The Frank Pastore Show on 99.5 KKLA where we discussed the IRS audit letter and the wrong and right things to do when you get that ugly thing in the mail. If you have not filed taxes in a long time and/or if you have received the dreaded letter from the IRS read this post!
Did you know it is a misdemeanor in this country not to
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Join Us at Law Day 2008

Wednesday, May 21st, 2008

Wanted to let everyone know about a great event coming up that’s free and open to the public.
Law Day 2008 at Whittier Law School
Saturday, May 31, 2008 /9:00am to 2:00pm
Law Day 2008 at Whittier Law School is your chance to try and solve your legal problems and get some answers, even if you can’t afford an attorney. You can get free legal advice from more than 60 lawyers in all
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Tax Problem FAQ: How Do I Know When I Need Professional Tax Help?

Friday, December 28th, 2007

HOW TO DETERMINE WHEN A TAXPAYER NEEDS PROFESSIONAL HELP
Can the taxpayer handle their own case?
A Taxpayer may always represent themselves before the IRS. However, many taxpayers find dealing with the IRS frustrating, time-consuming, intimidating or all of the above.
The disadvantages of a taxpayer representing themselves are many:

The taxpayer does not have the professional’s expertise or know what the options are or how
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How do I find out if I’m eligible for the Offer in Compromise program? I have significant IRS debt.

Wednesday, May 9th, 2007

You’ll first need to consult a qualified tax professional. Without the help of a qualified tax professional, you’ll be entering treacherous tax waters.
The first thing a qualified tax professional will do is examine your previous tax returns with a fine-tooth comb, making sure that you aren’t obligating yourself to pay Uncle Sam even a penny more than you truly owe. This will also allow the tax professional to
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I owe nearly $167,000 in back taxes, according to my accountant. It’s my own fault, really. I followed some bad advice, and now I’m scared the IRS will be coming after me. I want to pay up, but I simply don’t have that kind of money. What can I do?

Thursday, April 12th, 2007

I know it’s unnerving to owe money to the IRS, but trust me, you have many options. You should know there are thousands of other American taxpayers in the same situation you are in.
The first thing you should do is consult a qualified tax professional. He or she will examine your previous tax returns with microscope, making sure that you aren’t obligating yourself to pay Uncle
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Given how everyone talks about how tough the Internal Revenue Service is, I really find it hard to believe that something like the Offer in Compromise program exists. What’s the catch?

Saturday, March 10th, 2007

As hard to believe as it may be, there is no catch. Really.
After years of chasing taxpayers door to door, the IRS realized that a kinder, gentler approach can be more effective in some cases. Enter the Offer in Compromise program — and there’s a good chance you’re eligible for it.
If you have a lot of tax debt that
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