IRS tax problems can be overwhelming and confusing. It’s always a pleasure to me to appear on radio shows and give free tax advice to regular taxpayers who may not be able to afford a tax lawyer.
Recently I sat down with Drew on the Money, Riches, and Wealth Radio Show to answer some questions average taxpayers had regarding back taxes and resolving IRS tax debt with or without the help
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The IRS considers the assistance of filing false tax returns a severely criminal and punishable act. The IRS is able to utilize charts and summary data of national tax return statistics to determine the “normalcy” of a tax return. If your tax return is substantially higher than the national average, you will be a likely suspect for the IRS to investigate. If found guilty, you will be penalized by
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Check out our latest TRS IRS tax help newsletter for tax tips, IRS insider news, and income tax relief advice.
Many of our clients who retain our tax help services are interested in knowing how their life will change and when they can expect these changes to happen. In our Roadmap to Tax Resolution, we help you undertsand the process leading up to your IRS resolution - from the Free Consultation
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To prepare taxpayers for unexpected disasters and to protect important tax documents, the IRS has issued detailed guidelines on how taxpayers need to duplicate their records in order to safeguard their financial welfare.  As part of the National Hurricane Preparedness Week (May 21-27), IRS encouraged taxpayers to keep an electronic version of their tax records at a location that is separate from the location of the original documents. Since the
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This week, President Obama signed into law the Car Allowance Rebate System (C.A.R.S.) - a  program that pays consumers up to $4,500 in tax credit for trading in their cars or trucks for more fuel efficient vehicles.

As the New York Times reports, you will need to check if your vehicle qualifies for the trade-in credit. You can check out The National Highway Traffic Safety Administration web site to see
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In an effort to curtail corporate financial irresponsibility, the Obama administration has been working fervently to control white-collar tax cheats. The media has successfully portrayed the businesses that have overseas bank accounts as “suspicious” and potentially guilty of tax evasion.  In 2001, there was a $345 billion tax gap–most of which can be accounted for by the underground economy of tax evaders who have strategically utilized foreign tax havens and
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Join me and KFI radio host Bill Handel on Saturday for Law Day 2009 at Whittier Law School. This event is FREE and open to the public!
Law Day at Whittier Law School (3333 Harbor Blvd., Costa Mesa, CA)
Saturday, May 30,  2009 /9:00am to 2:00pm
Bill Handel will be on hand to give you marginal legal advice during a LIVE taping of his show Handel on the Law. There will also be
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Great news for troubled taxpayers! New legislation has been introduced to end Offer in Compromise down payments and make it easier for recession burdened taxpayers to enter into a tax settlement with the IRS.
Qualifying for the Offer in Compromise program can save taxpayers thousands of dollars in taxes, penalties and interest. Negotiating a compromise on your back tax deb is the closest thing to “amnesty” that the federal government offers
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Question: Does the 10 year collection statute begin when the civil penalties are due?  Or, when the installment agreement has begun?  Or, as in my case, when the installment agreement was reinstated?
Answer: The 10 year Collection Statute Expiration Date (CSED) begins on the ASSESSMENT date, not when the taxes are due and not when you begin an Installment Payment Plan.
There are exceptions to this rule, including if the taxpayer agrees
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When I was on the BigBiz Show with Russ and Sully ealier this month, we talked about what taxpayers should know about working with the IRS to solve their tax problems.  We also talked about the tough economic times that we’re experiencing and how it’s not so much a Great Depression - but a Great Correction.
And as Sully pointed out, for many Americans, April 15th is not tax filing deadline,
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I was recently the guest tax expert on the BigBiz Show with Russ and Sully earlier this month. I love these guys - they’re hilarious. Plus, I found out that I’m apparently the only guest they’ve had on the show twice!  Listen to the full interview or catch some of the highlights below.
Last time I was on the BigBiz Show, we talked about what people can do if they are
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Did you pay your taxes this year? You can run, but you can’t hide from the IRS! However, there is hope for struggling taxpayers to resolve back taxes and avoid IRS penalties!
For the millions of Americans who failed to file legally required tax returns, there’s still hope for receiving income tax relief! Even taxpayers who received an extension for filing are not granted more time for the payment of taxes
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It’s tax season - the perfect time to resolve your tax probelms and get your IRS questions answered!
I’ve received several questions in the past few weeks asking about cancellation of debt and taxability. Below is a good summary from the IRS website.

Topic 431 - Canceled Debt – Is it Taxable or Not?
In general, if a debt for which you are personally liable is canceled or forgiven, other than
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I recently appeared on The Chuck Morse Show on WBNW 1120AM (Boston, MA) to encourage taxpayers to file thier taxes by April 15 - even if they don’t have the money to pay the taxes they owe to Uncle Sam.
There’s going to be a lot of people caught up in this recession, and they’ll quickly find out that they owe taxes for 2008, if they don’t know that already. I
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The IRS says the 60% of taxpayers file a return signed by a preparer. I was recently interviewed by Consumer Report’s Money Adviser for an article about the importance of hiring a good tax preparer. These days, having a good number cruncher can help you not only minimize your tax liability, but also keep you out of trouble with the IRS as they are stepping up enforcement.
Some things all taxpayers
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