Posts Tagged ‘tax audits’
Friday, July 31st, 2009
UBS has just struck a deal with the US Government to give up 52,000 names of Americans who have Swiss bank accounts. In the upcoming weeks, we can expect to see many guilty tax evaders being charged with heavy IRS penalties as well as innocent account holders who will need to defend themselves. (Read more about the latest UBS settlement.)
It is not uncommon for American businesspeople to hold foreign bank
Tags: delinquent taxes, FBAR, foreign bank account compliance, IRS audits, IRS enforcement, IRS help, irs problems, Michael Rozbruch, offshore accounts, tax audit, tax audits, tax cheat, tax cheats, tax evasion, tax fraud, tax help, Tax Tips, UBS tax settlement, Voluntary Disclosure
Posted in Penalty Abatement, Seeking Professional Tax Help, Taxpayer Rights, Voluntary Disclosure | 2 Comments »
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.
Tags: FALSE TAX RETURNS, Free Tax Consultation, IRS audits, IRS debt, IRS enforcement, IRS problem solver, IRS tax problems, Offer in Compromise, Offers in Compromise, tax advice, tax attorney, tax audit, tax audits, tax cheat, tax resolution services, tax settlement, Tax Tips, unfiled tax returns
Posted in Tax Relief News, Tax news and tips | No Comments »
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
Tags: Free Tax Consultation, i need tax help, income tax relief, IRS debt, IRS help, IRS problem solver, IRS tax problems, Michael Rozbruch, tax advice, tax attorney, tax audit, tax audits, tax cheats, tax lawyer, tax resolution expert, Tax Tips
Posted in Seeking Professional Tax Help, Tax news and tips | No Comments »
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
Tags: IRS audits, IRS debt, IRS help, IRS problem solver, Michael Rozbruch, tax advice, tax attorney, tax audit, tax audits, tax lawyer, tax resolution services, Tax Tips
Posted in Seeking Professional Tax Help, Taxpayer Rights | No Comments »
Friday, July 17th, 2009
The Offer in Compromise (OIC) application process has been a challenging and burdensome process for many applicants. The privilege of being approved for a OIC closely resembles receiving amnesty from the IRS; you can save thousands of dollars in back taxes, IRS tax penalties and interest.
Recently, the IRS unveiled a simplified version of the OIC application form by splitting the original form into two parts: Form 656 and Form 656-B
Tags: Back Taxes, Free Tax Consultation, i need tax help, IRS debt, IRS problem solver, Michael Rozbruch, nina olsen, Offer in Compromise, Payroll Tax Problems, Penalty Abatement, tax attorney, tax audits, tax expert, tax lawyer, tax resolution, tax settlement, Tax Tips, Taxpayer Advocate
Posted in Offers in Compromise, Penalty Abatement, Tax Debt Help News, Tax Relief News, Tax news and tips | 1 Comment »
Friday, July 10th, 2009
As a tax resolution specialist, I help individuals and businesses resolve their IRS debt and tax problems every day – and I can help you get the help you need to get the IRS off your back!
Got tax questions? Call our office at 1-866-IRS-PROBLEMS or visit www.taxresolution.com
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QUESTION: We were sent an amended form from the IRS for our 2007 taxes. An old credit card debt.. they submitted a 1099
Tags: ask the tax expert, Back Taxes, cancellation of debt, credit card debt, income tax relief, IRS Bank Levies, IRS debt, IRS tax problems, Michael Rozbruch, non-taxable income, Payroll Tax Problems, tax audits, tax help, tax resolution expert, tax resolution services, wage garnishment
Posted in Ask the Expert | No Comments »
Tuesday, June 30th, 2009
As a tax resolution specialist, I provide IRS tax help to individuals and businesses every day – and I can help you solve your IRS problems!
Got questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, how to set up monthly payment plans with the IRS or general questions about tax relief? Call our office today at 1-866-IRS-PROBLEMS or visit www.taxresolution.com for a free risk-free tax resolution
Tags: IRS Bank Levies, IRS Payment Plans, IRS property liens, IRS statute of limitations, IRS tax help, IRS tax lien, Michael Rozbruch, Payroll Tax Problems, tax audits, tax problem, tax relief, tax resolution, tax resolution expert, tax resolution services, wage garnishment
Posted in Ask the Expert | No Comments »
Tuesday, May 26th, 2009
While Geithner has told Congress that there will be no income tax increases until 2011, his recent proposal to Congress requested additional funding for improved IRS collection operations and increased scrutiny of tax returns.
We’re already seeing the IRS cracking down on both small businessess and individuals with increased tax audits and aggressive collection tactics including bank levies.
Anyone who owes back taxes in this down economy will need to know how
Tags: Back Taxes, bank levies, delinquent tax returns, delinquent taxes, geithner, income tax rate, IRS audits, IRS enforcement, IRS help, irs problems, Michael Rozbruch, small business taxes, tax attorney, tax audits, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax returns, Tax Tips, unfiled tax returns
Posted in Tax news and tips | 3 Comments »
Tuesday, April 21st, 2009
I recently appeared as the tax expert on Financial Lifeline Radio with hosts Dave Harbison and John March.We talked about all the tax buzz this year. It’s almost become a cultural movement in this bad economy with everyone struggling with tax debt - we’re seeing all the tax tea parties and stimulus packages making headlines.
Not to mention, it seems like you must have tax problems to be nominated by the
Tags: bank levies, dave harbison, delinquent tax returns, economic stimulus, failing to file federal tax return, financial lifeline radio, IRS help, john march, Michael Rozbruch, stimulus PAYMENT, tax attorney, tax audits, tax cheats, tax debt, tax expert, tax help, tax problems, tax resolution, tax resolution expert, tax resolution services, tax tea parties, unfiled tax returns
Posted in Tax news and tips | 1 Comment »
Saturday, April 4th, 2009
In attempts to close the tax gap, the IRS is increasing tax compliance and aggressively taking action against tax cheats and tax promoters. As the tax gap grows, more Americans than ever will be facing audits and the IRS will be re-asserting it’s position on individuals who maintain frivolous arguments for not paying their taxes.
CCH (http://tax.cchgroup.com/) reports:
Sanctions were properly imposed on an individual who advanced a frivolous argument that he was not
Tags: Back Taxes, frivolous appeal, frivolous argumemt, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax attorney, tax audit, tax audits, tax cheat, tax cheats, tax compliance, tax evasion, tax expert, tax gap, tax help, tax promoters, tax protester, tax relief, tax resolution, tax resolution expert, tax resolution services
Posted in Tax news and tips | 1 Comment »
Monday, March 30th, 2009
According to a recent article in the Wall Street Journal, a push by the IRS to be more aggressive with wealthy taxpayers means that it’s critical to know the common tax audit red flags.
The IRS has been strongly disputing a report this week from the Transactional Records Access Clearinghouse that says audits of the wealthy Americans have significantly dropped off.
Taxpayers who make more than $10 million a year or more
Tags: audit red flags, audit triggers, IRS audit, IRS enforcement, IRS problem solver, IRS tax problems, Michael Rozbruch, tax attorney, tax audit, tax audits, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, wealthy taxpayers
Posted in Tax news and tips | No Comments »
Tuesday, March 10th, 2009
Listen to my interview with Mind Your Bizness Show host Danielle Hampson. On “Talk to the Tax Expert,” we discuss what to do if you find yourself in financial difficulty and can’t afford to pay your tax bill this year.
In 2009, we can expect more tax audits and IRS actions against tax cheats. It’s a remarkable statistic, but 50% of the American tax paying public either haven’t filed appropriate
Tags: 2009 tax return, Danielle Hampson, failure to file, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax extension, IRS tax problems, Michael Rozbruch, Mind Your Bizness, tax audits, tax cheats, tax expert, tax extension, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax returns, Tax Tips
Posted in Tax news and tips | No Comments »
Friday, February 27th, 2009
I recently blogged about the new economic stimulus package and how it affects your IRS bill. In addition to funding deficit-reduction activities, the federal government is looking at ways to close the tax gap by taking a closer look at employment tax returns.
According to the most recent estimates, payroll tax mistakes cost the IRS $15 billion – and tax experts agree that today’s figure is much greater! For several years
Tags: Back Taxes, economic stimulus, employment tax returns, employment taxes, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, IRS tax problems, Michael Rozbruch, payroll tax business, Payroll Tax Problems, Payroll Taxes, tax audits, tax compliance, tax expert, tax gap, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, trust fund recovery penalty
Posted in Tax news and tips | 5 Comments »
Monday, February 23rd, 2009
Though slightly down from 2007, tax enforcement number in 2008 were among the highest in a decade.
By Michael Rozbruch
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The large number of tax evasion and audit cases you’re hearing about today isn’t a symptom of yellow journalism.
In fact, the fiscal-year 2008 tax enforcement numbers released by the Internal Revenue Service are among the highest in a decade.
In fiscal-year 2008, the IRS collected $56.4 billion through collection, examination and document-matching efforts.
Tags: Douglas Shulman, IRS audits, offshore accounts, tax audits, tax enforcement, tax evasion, tax noncompliance, tax shelters, Whistleblower Office
Posted in IRS Times and Inquirer | No Comments »
Friday, February 6th, 2009
Check out my small business tax tips on AccountingSolver.com: Don’t Let Payroll Taxes Sink Your Small Business.
There are plenty of ways to bring down the wrath of the IRS, but failing to file and pay payroll taxes is one of the swiftest and most efficient ways to close your doors. Trouble with payroll taxes can be the downfall of otherwise successful small businesses. I’ve been picking the brain of tax
Tags: IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, Payroll Tax Problems, Payroll Taxes, small business taxes, tax advice, tax attorney, tax audits, tax debt, tax evasion, tax expert, tax resolution, tax resolution expert, tax resolution services, Tax Tips
Posted in Tax Problem FAQs, Tax news and tips | No Comments »