Posts Tagged ‘tax advice’

Payroll Tax Evasion Lands Florida Couple in Prison Plus Hefty Fine by the IRS

Saturday, September 19th, 2009

Tax evasion is not a good idea.  Whether you are doing it to save yourself some money or doing it so your employees will save money.  Either way avoiding taxes is a bad idea!  As I said on my website, the bottom line is: Past due payroll taxes can cause you to lose your business and your freedom!  A great example of the trouble you can find yourself in with payroll tax evasion follows:
Judith and Norman
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Resolve Back Taxes Now: A Behind the Scenes Peek at My Fox Business News Appearance

Monday, September 14th, 2009

Recently I had the pleasure of appearing on Fox Business News to talk about how taxpayers can reduce their back taxes and resolve their IRS tax problems in the current economic climate. I was very excited to share tax resolution tips with a national audience; in times like this, it has become especially important for taxpayers to learn how to resolve their back taxes and avoid IRS penalties to protect
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IRS Treats Rabbi’s Tax Refund Scam As Seriously As Tax Evasion

Friday, September 11th, 2009

A Baltimore man was charged in connection with an international tax-fraud conspiracy that sought to obtain more than $35 million in federal and state income tax refunds using the identities of 3,300 federal prisoners.
Ten men, including the leader of the conspiracy, Marvin Berkowitz, 62, of Jerusalem, Israel, were indicted by a federal grand jury in Chicago after Berkowitz and the others were arrested in Israel and other locations throughout the
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Understand Your Tax Problems: Key Questions to Ask Yourself Before Seeking Help From a Tax Attorney, CPA, or Tax Resolution Specialist

Thursday, August 20th, 2009

When you’re battling with the IRS, you need to make sure that you have chosen a qualified tax attorney who specializes in your type of  tax problem to represent you. There are many types of IRS issues out there–a corporation’s tax problem will differ substantially from a personal one. Therefore, it is the most prudent to first understand your personal tax situation before seeking a the appropriate tax attorney’s help.
Here
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Ask The Tax Resolution Expert - Is the IRS Offer in Compromise Program or IRS Payment Plan for me?

Saturday, August 15th, 2009

Wondering about IRS payment plans, offers in compromise, IRS tax liens, bankruptcy laws or have any other general tax questions?  Call our office at 1-866-IRS-PROBLEMS or visit www.taxresolution.com to get them answered!Â
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Question: Like others who have asked questions here, I owe a substantial amount to the IRS. But I fear I won’t qualify for the Offer in Compromise programyou have mentioned, because I still make a sizeable salary. Do
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Tax Resolution Services Offers Only Good Tax Help: Ohio Businessman Hit with Tax Charges after Bad Advice

Thursday, August 13th, 2009

An Ohio businessman has been charged with attempting to evade his 2004 income taxes after he followed the erroneous advice of a person claiming to be a tax professional.
According to court records, Stephan Karchut, of Cortland, Ohio, the sole operator of a business known as PC Surveillance, failed to file income tax returns for the years 2002 to 2004, on false advice that under Section 861 of the IRS code
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Congress Approves $2 Billion to Keep “Cash for Clunkers” Program Alive. Get Your Tax Free Auto Stimulus!

Friday, August 7th, 2009

Obama’s latest program to promote environmental-friendliness has recently ran dry of funds. Congress was quick to reassure the American public that the program will continue by allocating $2 billion into the program. The CARS program has been hugely successful and the bill for more funding was passed with the final vote of 316 to 109.
The replenishment of the CARS fund will allow Americans to continue enjoying non-taxable cash vouchers when
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Ask the Tax Resolution Expert - Tax Help for Filing Amended Tax Returns and Dealing with IRS Audits

Tuesday, August 4th, 2009

It can happen to any of us–you go through all the paperwork, fill in all the necessary information to the best of your abilities, and you drop the tax return in the mail. No sooner had you sent out your tax return did you remember that you forgot to add something from another W-2 or 1099. Now you have to file an amended tax return…
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Question: How do I go about
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IRS Tax Debt Relief News-Leverage Your Tax Resolution Options to Get the Tax Settlements You Need

Friday, July 31st, 2009

Check out our latest TRS IRS tax help newsletter for tax tips, IRS insider news, and income tax relief advice.
Many taxpayers who are in IRS trouble have found it difficult to be approved for IRS settlements such as the Offer in Compromise program. Historically, OIC application approval rates have remained under 25%. Recently, the IRS has updated the OIC application forms so that it is easier for applicants to understand.
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IRS Audits of Thousands of Innocent Offshore Account Holders Expected as UBS Releases 52,000 Names of Potential American Tax Evaders

Friday, July 31st, 2009

As a part of recent IRS efforts to find wealthy Americans who have been deliberately evading taxes by using offshore bank accounts, a deal has been reached today with UBS. The US Government and Switzerland have come to an agreement today that will force the Swiss bank, UBS, to turn over 52,000 names of suspected tax evaders.
According to the New York Times (www.nytimes.com), “UBS and the Swiss government have been
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Beat an IRS Tax Audit Without a Tax Lawyer: Is It Worth It?

Wednesday, July 29th, 2009

Losing the battle with an IRS tax audit can cripple your financial welfare for life. It is extremely helpful (and oftentimes crucial) to seek the professional help of a tax attorney in order to safeguard your financial future.
For those who are unsure whether they want to hire a tax lawyer, there are some helpful “Do’s” and “Don’ts” until you make a final decision on whether or not to seek professional
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Stop an IRS Property Levy - Don’t Let Tax Penalties and Interest Cause You To Lose Your Home

Wednesday, July 29th, 2009

It is extremely dangerous to sit and “ignore” IRS problems because a large accumulation of IRS tax penalties can lead you to eventually lose your home. Recently, an individual whose IRS penalties (debt and interest) were so high, she could not find a suitable alternative to pay back the IRS other than to give up her primary residence.
CCH (http://tax.cchgroup.com) reports:
Levy on Individual’s Principal Residence Judicially Approved
A levy on an
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Ask the Tax Resolution Expert - Tax Solutions for Tax Debt

Tuesday, July 28th, 2009

Don’t let your back taxes add up!  Tax Resolution Services is a team of tax attorneys and tax specialists that can help you!  We even offer tax advice and answer questions - for free! - on our tax blog!  Got a tax question?  Call our office at 10866-IRS-PROBLEMS or visit www.taxresolution.com
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Question: I owe a lot of money in back taxes to the IRS. I’d prefer not to go into details,
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Rising Payroll Tax Rates Encourages Taxpayers to Start Their Own Businesses to Take Advantage of Tax Write-Offs

Monday, July 27th, 2009

This year, Tax Resolution Services has been busier than the last few years. We have seen 30% more clients that are small businesses, sole proprietorship, and independent contractors who all gross less than $2 million; some with payroll problems and delinquent business tax problems. Payroll tax problems such as delinquent payroll tax deposits can result in severe IRS penalties, so it is important to stay informed and seek help when
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An IRS Audit Battle Requires Professional Armor: Why A Tax Lawyer Is Vital to Success

Friday, July 24th, 2009

Many people are skeptical about hiring professional tax attorneys to help resolve their IRS tax problems–some are concerned about saving service fees and others are downright skeptical about their chances of winning.
There has been a lot of misinformation going around about tax resolution scams. There have been stories of official looking IRS snail mail or email that not only steal your identity but also tricks some victims into writing big
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