Posts Tagged ‘owe back taxes’
Monday, April 22nd, 2013
Just because the April 15 tax deadline passed doesn’t mean people who owe back taxes should stand idly by. It’s time to “man up” to the challenge and resolve your IRS tax issues with the help of an expert tax resolution professional. But who do you choose? On a video episode from the Midday Sunday Fox 11 with host Tony Valdez program, I explain how the tax resolution industry has
Tags: American Society of Tax Problem Solvers (ASTPS), certified tax resolution specialist, Installment Agreement, IRS audit, IRS payment plan, IRS tax issues, IRS tax settlement, Offer in Compromise, owe back taxes, tax debt, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS payment plan, IRS tax audit, Offers in Compromise, Tax news and tips, tax help, tax resolution | No Comments »
Monday, April 15th, 2013
Tax Day is here! For those of you who have filed already: Congratulations! However, there are still many taxpayers who didn’t file because they owe back taxes and don’t have the funds to pay their tax debt. Very often these folks fall into what I call the delinquent tax return trap. On a video episode from the Midday Sunday Fox 11 with host Tony Valdez program, I explained how many
Tags: Back Taxes, delinquent taxes, Midday Sunday Fox 11 News with Tony Valdez, owe back taxes, tax resolution services, tony valdez, TRS
Posted in Back Taxes, Tax Problem FAQs | No Comments »
Tuesday, March 12th, 2013
Question: I need to do my taxes for 2012, and I just don’t know what to do! I owe back taxes already, and I don’t think I can pay them. Now, this year, I’m sure I’ll just add to that tax debt. I don’t see how I can get out from under it. What options do I have?
Answer: Your situation is a tough one, but you’re asking the
Tags: Installment Agreement, Offer in Compromise, owe back taxes, pay off back taxes, Qualified Tax Professional, tax debt, tax resolution services, tax situation
Posted in Ask the Expert, Back Taxes, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Wednesday, January 2nd, 2013
If you owe back taxes or need to come clean with the IRS, now is the time to do it.
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I remember when he came into my office about this time last year.
Let’s call him Frank.
He’d run a successful business in the region for nearly a decade. But then suddenly, two things happened, tragically and simultaneously — his business hit hard times and his wife was suffering from medical problems that,
Tags: address your tax problems, Back Taxes, Offer in Compromise, owe back taxes, pay tax bill, paying off back tax debt, poor tax advice, Qualified Tax Professional, reduce tax debt, settle tax debt, tax resolution services, tax trouble
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help | No Comments »
Wednesday, December 26th, 2012
Question: The holidays are here, and I’m in financial trouble. I am stressed out about my tax bill, which is more than I can ever imagine being able to pay off. What can I do?
Answer: I know exactly how you feel, because I’ve had so many clients in the exact same position you’re in right now. The reasons can be different — changes in life circumstances, business failure, health
Tags: Back Taxes, Installment Agreement, IRS problem solver, Offer in Compromise, owe back taxes, pay off tax debt, Qualified Tax Professional, resolution to tax problems, tax bill, tax debt, tax problems, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help, tax help | No Comments »
Thursday, August 23rd, 2012
Question: I’m deep in a hole. My business failed after the economy collapse, and I owe a bundle in taxes. I’m not even sure exactly how much. But I know I can’t pay it. What can I do?
Answer: I’m very sorry to hear about your predicament, but if it’s any comfort, please know that you are not alone. There are many, many U.S. consumers in your situation — even
Tags: eliminate tax debt, IRS problem solver, Offer in Compromise, owe back taxes, Qualified Tax Professional, tax debt, Tax Relief Consultation, tax resolution services
Posted in Back Taxes, IRS Question Corner, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, tax help | 1 Comment »
Tuesday, July 24th, 2012
Question: I owe for several years of back taxes. How do I know whether the Offer in Compromise or the Installment Agreement is right for me?
Answer: Great question. The truth is, you will need to consult a qualified tax professional to be certain which of these plans is appropriate for you. But I hope by explaining in detail what these plans offer, you’ll be better informed when you meet
Tags: back tax debt, Free Tax Consultation, Installment Agreement, IRS offer in compromise, IRS payment program, Offer in Compromise, owe back taxes, pay tax debt, paying back taxes, Qualified Tax Professional, Tax Relief Consultation, tax resolution services
Posted in Back Taxes, Expert Help From Tax Attorney, IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, IRS help, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, tax help | No Comments »
Tuesday, April 24th, 2012
Question: I owe a lot in back taxes to the Internal Revenue Service. I’m not sure how I’ll ever get paid up. Plus, it’s been several years, and I think it’s too late for any of the programs you’ve discussed. What can I do?
Answer: First of all, it’s not too late. Actually, it’s never too late. If you owe money to the Internal Revenue Service, you have many options
Tags: Back Taxes, eliminate your tax debt, Installment Agreement, IRS payment plan, Offer in Compromise, overdue taxes, owe back taxes, qualified tax attorney, reduction in tax debt, tax debt, tax resolution services
Posted in IRS Question Corner, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax news and tips | No Comments »
Monday, April 16th, 2012
The controller and operator of a New York telecommunications business admitted to filing false personal federal income tax returns.
Steven Imburgio, 50, of Holmdel, N.J., pleaded guilty to one count of making and subscribing to a 2004 federal income tax return to the IRS that he did not believe to be true.
According to court records, Imburgio admitted he controlled and operated Americom USA, a telecommunications business in New York, and that
Tags: filing false tax return, owe back taxes, pay back taxes, tax evasion, tax fraud, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer | No Comments »
Thursday, March 22nd, 2012
We help clients solve tax problems every day at Tax Resolution Services! We wanted to share this question from a tax client (and our answer) because it is a situation that many people may find themselves in:
Question: I’ve really screwed up. Before the recession, I followed some bad tax advice, and now I owe quite a bit of money in back taxes. And that’s not all. The economy has
Tags: consult a tax professional, eliminate tax debt, how to pay a tax bill, Installment Agreement, Offer in Compromise, owe back taxes, seek professional help for taxes, settle back tax debt, tax advice, tax debt, tax payment plan, tax professional, tax questions, tax resolution services
Posted in IRS Question Corner, IRS Times and Inquirer, Seeking Professional Tax Help, tax help | No Comments »
Tuesday, December 20th, 2011
Question: I’ve been struggling with IRS debt for a couple of years now. How do I know whether the Offer in Compromise or Installment Agreement is the right program for me?
Answer: Ultimately you’ll need to consult in person with a qualified tax professional to find out exactly whether the Offer in Compromise or Installment Agreement is right for you, but it might help if you understand each program and
Tags: Installment Agreement, IRS debt, Offer in Compromise, owe back taxes, pay off back taxes, Qualified Tax Professional, tax debt, tax resolution services
Posted in IRS Installment Agreements, IRS Tax Cases, IRS Times and Inquirer, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help | No Comments »
Monday, November 28th, 2011
With the holidays approaching, it’s a good time to take stock and consider your taxes and financial life — and take time to correct the mistakes.
Thanksgiving just passed, and the holiday season is now upon us.
That means the year is almost over, and with it another tax year.
You’ve been here before, many times actually. We all have. But now is the time — this is the year — to start
Tags: cheating on taxes, owe back taxes, owe taxes, tax audits, tax evasion, tax liens, tax relief services, tax resolution services, tax shelter, under reporting business income
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »
Thursday, July 28th, 2011
The Government Wants Your Money – was a timely theme for this old interview I did with Fox Business News’ Brian Sullivan (see the video below). Our candid discussion outlined policy changes within the IRS and their stepped up enforcement efforts in the name of tax collection. While the country is slowly digging out of a deep economic hole, it’s not surprising to see the IRS building a solid foundation
Tags: Back Taxes, certified tax resolution specialist, deliquent taxes, increased IRS enforcement, IRS audit, IRS back taxes, owe back taxes, Professional Tax experts, tax attorney, tax debt, tax expert
Posted in Expert Help From Tax Attorney, IRS help, Tax Problem FAQs, tax help | No Comments »
Friday, July 15th, 2011
A former Lafayette Parish Assistant District Attorney was sentenced to 18 months in prison and three years of supervised release for tax evasion. He was also ordered to pay $179,661.59 in restitution to the Internal Revenue Service.
According to court testimony, Joseph Floyd Johnson, 50, of Lafayette, La., failed to file his federal income tax return and evaded the payment of federal income taxes for the year 2003 after receiving income
Tags: evading payment of federal taxes, failing to file federal tax return, owe back taxes, tax cheat, tax consultation, tax evasion, tax problems, tax relief, Tax Relief Consultation, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help | No Comments »
Tuesday, June 7th, 2011
Back tax debt happens to many people. The IRS does not discriminate – they aim to collect overdue taxes from everyone, including celebrities.
One of the stars of Celebrity Apprentice owes the Internal Revenue Service $50,000 in back taxes.
Actress Marlee Matlin, 45, told People magazine that she is negotiating a payment arrangement with the IRS. She and her husband, a Burbank, Calif., police officer, are also trying to sell their five-bedroom home
Tags: back tax debt, Back Taxes, Offer in Compromise, owe back taxes, settle tax debt, tax evasion, tax resolution services
Posted in Back Taxes, Celebrity Tax Woes, IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise | No Comments »