Failing to file your tax return is a crime punishable by prison time and a hefty fine.  If you have failed to file taxes and feel like the IRS is breathing down your back, there is tax relief available.  You have the right to file your original tax return, no matter how late it is!  Tax Resolution Services is a professional team of tax attorneys and tax resolution specialists that
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What investors need do as the year draws to a close is take advantage of opportunities to improve their tax situation by getting the tax help they need to make strategic decisions for managing their investment portfolios.
However, with the current recession and federal tax revenues declining, investors should be aware that the IRS is going to take every step it can to collect what’s due. So the most important tax
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Every year, for all sorts of reasons, people fail to file their taxes.  When the IRS catches up to you, and they will, it is a crime that is punishable by prison time, a hefty fine, and often, both.  The good news is, if you failed to file your taxes in years past, you still have time to do it.  Many people do not know that you have the right to
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If you owe taxes, the federal government will file an IRS tax lien against you.  Do you know what an IRS tax lien means?  First and foremost, it means you are in tax debt and owe the IRS money.  A tax lien filed against you also means that this is on the public record and it shows up on your credit report.  A tax lien can tie up your personal property
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Facing back taxes can be overwhelming, but must be done!  Did you know that working through your back taxes owed doesn’t have to be done alone?  I recommend professional tax services to help you find tax relief.  Tax Resolution Services specialize in helping people resolve their tax debt one step at a time.   Remember that no one can avoid taxes.  Eventually the IRS will catch on to you like this attorney
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The IRS Voluntary Disclosure Program ended on October 15th.  For U.S. taxpayers who have been hiding money in Zurich, expect indictments and harsh prison sentences from the IRS.

By Michael Rozbruch, Certified Tax Resolution Specialist
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For the more than 4,450 U.S. taxpayers who have bank accounts in Switzerland and haven’t told Uncle Sam, time’s up.
In an unprecedented settlement with the Swiss government and Swiss bank UBS, the Department of Justice and Internal Revenue
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If you owe taxes to the IRS, and feel like you do not have the money to pay them back, you can work out a payment plan with the IRS, also known as an Installment Agreement, which allows you to pay your tax liabilities over time.  Some people are able to negotiate their tax payment plans, but if you owe $25,000 and over, I would highly recommend working with a
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As I’ve blogged before, tax scams will only get you in trouble with the law!  If you are having tax problems, seek professional tax help.  Tax Resolution Services can help you find tax relief as we have helped many others.  Our tax help testimonials speak for themselves!  Our Offer in Compromise tax settlement rate is $0.13 on the dollar!  Read more about our tax relief road map - what to expect when resolving
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When tax problems arise in a family, it could end the marriage.  Sometimes, the spouse is truly innocent of their partner’s tax problems and the IRS realizes that this may be the case.  There is such a thing as Innocent Spouse Tax Relief and the IRS has a series of questions and Innocent Spouse Tax Relief Rules to extricate the innocent person from being responsible for the tax problem.   If
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I am so excited about a new TV campaign we’re running! It’s designed to help more people in need of tax help know that they’re not alone. If you haven’t seen the TRS Files, check out the video below. We feature real life tax relief clients who are being targeted by the IRS - like Patrick G.  who had owed the IRS $94,000 and had an IRS lien on
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Are IRS tax problems keeping you up at night? You can choose to resolve your problems today and have it all go away by getting expert tax help from TRS.
We’ve been featuring real life tax relief clients on the TRS Files to help people who are being targeted by the IRS get the help they need to resolve their back taxes and IRS debt. I recently shared the story
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Are you being targeted by the IRS? We know all too well that the IRS is never going to give up or go away, and the stress alone can be overwhelming. But there’s hope if you have tax debt. Check out these true tax resolution stories from actual TRS clients.
We know that IRS tax problems can cause an immense amount of fear and anxiety that keeps you up at night.
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If you owe back taxes, the IRS can make your life miserable by filing a tax lien against you. However, if you don’t have significant assets or available income from which to satisfy an IRS debt in part or in full - you could qualify to have your case placed under uncollectible status - a designation that takes your case out of collection, until you have the ability
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Perhaps people evade taxes because they feel like they cannot afford to pay their taxes - especially those who are independent contractors and receive wages without tax deductions.  The IRS will work with you, if you are willing to work with them.  One example is the IRS Installment Agreement, also known as an IRS Payment Plan, where you can pay your tax liabilities over time.  If you choose to go
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The first-time homebuyer tax credit can be as much as $8,000 for qualified home sales before December 1, 2009. Taxpayers can claim the credit on Form 5405.
One of the biggest misconceptions about the first-time homebuyer credit is that not everyone qualifies. Taxpayers must be qualified buyers and satisfy income requirements. Individuals must have a modified adjusted gross income of less than $75,000 to qualify for the full amount (for couples
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