Posts Tagged ‘tax evasion’

Tax Help News: IRS Announces it Will Ease Rules on Tax Settlements, Offers in Compromise

Wednesday, March 17th, 2010

While the IRS announced it will loosen its rules for negotiating tax settlements to help recession-burdened Americans struggling to meet their tax obligations this year, the reality is that the IRS is still the most unrelenting collection agency on the planet.
Distressed taxpayers who want to take advantage of this unique opportunity to resolve their IRS debt will be required to provide full financial disclosure - and if they plan to
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Top Tax Help Tips For Small Business Owners Who Want to Avoid Payroll Tax Problems

Wednesday, March 17th, 2010

Many small business owners are feeling the heat with the struggling economy this tax season; on top of worrying about how to pay the bills just to keep the lights on, they have to figure out how to make payroll taxes in order to avoid harsh IRS penalties.
While it may be tempting to skip payroll tax payments in order to keep business doors open, not paying the IRS what you
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Tax Help Options For Overseas Tax Evasion as UBS Pushes For Swiss-US Deal

Monday, March 15th, 2010

Taxpayers with foreign funds may have felt the heat back last summer when UBS struck a deal with the US government to release some 4,500 names of American bank account holders to the IRS. That frenzy may seem far back in the past now but this wave of aggressive tax evasion crackdown is nowhere near over.
Recently, Wall Street Journal reported that UBS is increasing its lobbying efforts for the Swiss government
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6 Tips for Hiring a Good Income Tax Attorney or Certified Tax Resolution Specialist

Monday, March 15th, 2010

An experienced tax attorney or Certified Tax Resolution Specialist (CTRS) can help taxpayers secure offer in compromise settlements, IRS payment plans, penalty abatement, innocent spouse relief, release of liens or levies, non-filer issues and many other tax settlements. Before you hire professional tax help for resolving your IRS problems, you need to get informed on how to choose a good tax relief expert.
While taxpayers are allowed to represent themselves before
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Top Tax Help Tips For Taxpayers Looking to Settle Tax Debt With an IRS Installment Agreement

Monday, March 15th, 2010

If you owe the IRS more back taxes, penalties, and interest than you can afford, what can you do?
Each year, thousands of taxpayers just like you are battling with how they can resolve their tax problems–it is not unusual for people with tax problems to feel paralyzed by fear and anxiety. The good news is it doesn’t necessarily have to be this way. You can choose to be proactive about
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Tax Help: How to Resolve Your Back Taxes & Prevent Tax Problems If You’re Short on Cash This Season

Thursday, March 11th, 2010

The economy has been tough on a lot of taxpayers this year. Whether you are a small business owner or you’re employed but short on funds, you are not alone in your financial struggle.
So what do you do this tax season if you can’t gather up enough cash to pay what you owe Uncle Sam? Do you file an extension? Do you “ignore” your taxes in hopes that the IRS
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Got Payroll Tax Problems? Office Manager Gets 30 Months in Prison for Failure to Pay Employment Taxes and Tax Evasion

Thursday, March 11th, 2010

As stated on the Tax Resolution Services’ Payroll Tax Problems webpage, “Borrowing from payroll taxes is against the law and can land you in prison”.  Well, embezzling from payroll taxes will land you in prison, like this office manager from Illinois who embezzled from the employee benefit plan and failed to pay employment taxes.  She took a gamble that she wouldn’t get caught by the IRS and she lost!
An Illinois
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Tax Help News: Glenn Beck Endorses Tax Resolution Services, Co. for Expert Tax Help with IRS Problems

Wednesday, March 10th, 2010

As Congress allocates another $12.2 billion to hire 2,000 more tax collectors, more Americans than ever will need professional tax relief to resolve back taxes, unfiled returns, and IRS audits.
In the weeks leading up to Tax Day on April 15, more struggling taxpayers facing IRS debt are seeking relief from their tax troubles during a record year for federal spending on tax enforcement. Glenn Beck, one of America’s leading
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Offer in Compromise: How to Get the Tax Help You Need Through an IRS Offer in Compromise

Tuesday, March 9th, 2010

The IRS  Offer in Compromise (OIC) program is designed for struggling taxpayers who, for whatever reason, are absolutely incapable of paying off their tax debt in full. It can be a powerful tool in helping you permanently eliminate your tax debt. If you owe back taxes to the IRS and you are unable to pay the debt in full, you may be eligible for tax relief through the offer in
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Tax Help: Brian Compton Shares 7 Secret Weapons For Taxpayers to Fight the IRS on Big Biz Show

Monday, March 8th, 2010

Brian Compton, president of Tax Resolution Services was delighted to be a guest on the Big Biz Show with Russ and Sully to dish some free tax help tips on the 7 secrets the IRS does not want taxpayers to know about.
As the April 15th tax filing deadline draws closer, taxpayers may be growing nervous about paying their taxes in a struggling economy or about how to resolve their current
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Tax Resolution News: IRS Warns Against Frivolous Tax Arguments That Can Incur Severe Penalties

Thursday, March 4th, 2010

Did someone tell you that filing taxes is voluntary? That only foreign-source income is taxable? You better read about today’s frivolous tax arguments.
If you’re receiving tax advice that sounds otherworldly, it no doubt is.
Maybe someone finally told you that filing your income tax return and paying taxes every year are voluntary? You were a sucker all these year, filing returns and paying taxes, weren’t you?
Well, no. You’d be a sucker
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Thinking of Cheating on Your Taxes? Think Again! Get Tax Relief Instead

Thursday, March 4th, 2010

Tax season is officially here and the current economic downturn may encourage struggling taxpayers to cheat on their taxes - resulting in an even larger tax gap than prior years.
There is close to a $400 billion tax gap each year, which means that taxpayers are paying $400 billion less than they should in taxes. Meanwhile, the federal budget deficit for 2009 soared to an all-time high of $1.42 trillion
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Tax Help: Nation’s Leading Tax Relief Expert Shares Tips on How Small Businesses Can Avoid IRS Audits

Wednesday, March 3rd, 2010

This week, the nation’s leading tax expert Brian Compton, president of Tax Resolution Services, chatted with Caz Taylor and Ruben Garcia on SBA Radio to share some great tax help tips for small business owners on how to avoid IRS audits.
As the tax filing deadline draws nearer, many small businesses already struggling with the state of the economy must face yet another challenge–filing and paying taxes.
It has been reported that
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IRS Tax Relief: Seven Common Income Tax Relief Myths That Can Get You into IRS Trouble

Friday, February 26th, 2010

Knowledge is power when battling the IRS - the most brutal and ruthless collection agency on the planet. To make things more urgent, IRS enforcement is only getting more aggressive - raising the stakes to a new level. And falling for common tax relief myths can endanger your wealth, health and liberty. You owe it to yourself to learn the reality of these tax relief myths. And you don’t have
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Why Tax Help From a Pro is Your Best Defense Against Offshore Tax Evasion Charges

Thursday, February 25th, 2010

The NYTimes reported a recent case where a wealthy investor in Virginia pleaded guilty to tax evasion charges involving his undisclosed foreign funds. One thing that distinguishes this investor from the many taxpayers who have been prosecuted by the IRS for hiding funds abroad was that this investor’s money was not hid in UBS.
Indeed, the IRS is expanding its reach to other banks beyond UBS that are helping wealthy Americans
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