Posts Tagged ‘tax debt’

IRS Holds Taxpayers Responsible – No Matter What

Tuesday, December 20th, 2011

Many Americans like preparing their taxes every year; it helps them feel in control of their finances and they don’t want to pay someone else to do it. With a tough economy still lurking and the availability of low-cost often free tax preparation software, many are inclined to cut their basic costs, and doing their own taxes is one place they believe they can save. If a taxpayer has a
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Tax Resolution Tip: Students Pay Attention

Thursday, December 1st, 2011

If you are a current college student or are considering going back to school to further your education you must know that higher education is expensive. You might be surprised to hear that there is some help in regards to taxes. Students actually have a variety of tax credits available to them, if they know where to look. We recently recommended a comprehensive article by Laura Saunders of the Wall Street
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Reduce Tax Debt with the IRS Offer In Compromise Program

Wednesday, November 16th, 2011

Question: I’ve read that you can greatly reduce your tax debt by signing up for an Offer in Compromise? What is that, and how can I sign up?

Answer: Great questions. In fact, those are the types of questions I’ve seen change the lives of tax clients.
I know that sounds ridiculous. But it’s true.
Here’s why: For taxpayers in substantial debt to the IRS, an Offer in Compromise can eliminate that
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Glenn Beck Endorses Tax Resolution Services on GBTV

Tuesday, November 1st, 2011

On his new channel, GBTV, multi-media personality Glenn Beck gives a rousing “thumbs up” to Tax Resolution Services as the best firm in the business to settle back tax issues. Beck, no fan of the IRS and never shy to share his opinion, concludes that the IRS is the most brutal collection agency on the planet. They can shut your business down without a court order.

Glenn Beck’s main points include:

You
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More Americans Need Tax Relief from the IRS

Monday, October 24th, 2011

More people owe IRS back taxes today than ever before due to the economic conditions facing the country.  This long extended recession has resulted in millions losing their jobs and being unable to find suitable employment to generate a paycheck. To make up for this, many families are using their savings and 401k accounts to live on and incurring penalties as a result.
With poor economic conditions persisting for so long
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Paying Off Tax Debt: There Are Options Available

Thursday, October 20th, 2011

Question: I’m really behind on my taxes, and now I’m getting letters from the IRS. I’m having trouble sleeping. I don’t know how I can pay this tax debt. I also have a mortgage and my daughter starts college next year. How can you help?

Answer: I know that feeling. I know what you’re thinking and why you’re worried. The reason for that is because I’ve had so many clients
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Owe State Back Taxes? Your Driving Privileges May Be in Jeopardy

Wednesday, October 19th, 2011

With states scrambling to generate more revenue to balance their budgets, California Governor Jerry Brown upped the ante by signing a bill on October 4th, 2011 that aggressively goes after the state’s top tax delinquent citizens by denying their driver’s license and publishing their names for public view.
Celebrities are not above the Hall of Shame —the state’s list of top tax debtors include  Halsey Minor, one of the founders
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Tax Resolution Tip: Avoid Tax Help Scams

Tuesday, October 4th, 2011

Like all scams out there, if it’s too good to be true, it probably isn’t true. There are many tax scams making extraordinary claims like clearing your IRS back taxes in full. While tax help is available, make sure you investigate and ensure it is the kind of help you need. For help with seeking out the tax help you need, check out our tax attorney services.
Check out 365 Ways to
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IRS Offer in Compromise Program Aids in Paying Tax Debt

Thursday, September 8th, 2011

As the founder of Tax Resolution Services and as a Certified Tax Resolution Specialist, I have helped many individuals get out of tax debt. In the IRS Question Corner article below, I explain more about the IRS Offer in Compromise, a program designed to help consumers pay off tax debt, especially when they are under a serious financial strain. One note about the Offer in Compromise program, it is not
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Tax Resolution Services interviewed by Terry Bradshaw

Thursday, September 1st, 2011

“When Bad Things Happen to Good People” is an appropriate title for the recent episode of Business Day TV with Terry Bradshaw featuring an interview with the leaders of Tax Resolution Services, Co.

This special episode acknowledges the poor economic realities currently facing many Americans, some for the first time and often through no fault of their own. Negative life altering events such as job loss, death of a loved one
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Tax Debt – 10 Tips for Those Who Owe Money to the IRS

Monday, August 29th, 2011

The IRS newsletter Ten Tips for Taxpayers Who Owe Back Taxes or Have Other Tax Debt published a few weeks back, alerted Americans seeking tax debt relief there are ten options available to pay off their outstanding tax debt. These new IRS programs and policies are an effort to get delinquent taxpayers to avoid additional fines penalties or tax liens by making easy payment methods available such as a
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Tax Problems Affect 1 out of 6 Americans

Monday, August 8th, 2011

Tax Problems Affect 1 out of 6 Americans – If You Need Tax Help, You’re Not Alone!
1 in 6 Americans has a tax problem; that’s approximately 26 million people! In this video, shot at Tax Resolution Services headquarters, I talk about how terrifying IRS tax stress can be and how scared people are with their overwhelming tax problems. I see this happening in my practice every day. The IRS is
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Leading Tax Resolution Specialist on Fox Business News

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
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Celebrity Tax Woes: Rapper Ja Rule Sentenced for IRS Tax Problems

Wednesday, July 27th, 2011

Celebrity rapper and actor Ja Rule was sentenced to 28 months in prison and ordered to pay 1.1 million dollars in unpaid taxes on Monday. Ja Rule was quoted by the Associated Press as saying; “I was a young man who made a lot of money — I’m getting a little choked up — I didn’t know how to deal with these finances, and I didn’t have people to guide
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For Immediate Tax Relief, Go To The Emergency Room for IRS Problems

Wednesday, July 20th, 2011

Like an emergency facility does for an incoming patient, we deal with our client’s immediate tax problems by assessing their individual situation and then taking the necessary steps to relieve their burden of stressful tax related issues. I talked about this (see video below) at Tax Resolution Services, Co. headquarters but wanted to expand on it more here on our Tax Resolution University blog.
The current economic climate has contributed to
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