Posts Tagged ‘tax lien’

Tax Help News: Make Tax Compliance Your 2011 Resolution to Settle Your Back Taxes and IRS Problems

Friday, January 28th, 2011

As people look to improve their overall health and well being in the coming year by making better choices and smarter decisions, one of the best resolutions you can make involves exercising sound judgment when it comes to your financial fitness, especially if you owe back taxes or other tax debt.
Your New Year’s resolution should be to make an appointment with a qualified tax relief professional and settle, once and
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Tax Relief News: Need for Tax Relief Grows as IRS Increases Liens in Bad Economy

Thursday, January 27th, 2011

According to a government watchdog, the Internal Revenue Service is tormenting struggling taxpayers in the midst of a slow economic rebound by increasing the number of liens the agency has filed against people who owe back taxes.
As the Associated Press has reported, the IRS filed nearly 1.1 million tax liens in the 2010 budget year, up 14 percent from the previous year—and tax liens are automatically filed if the tax
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IRS Back Taxes Owed by Singer Toni Braxton Amount to $396,330

Monday, November 8th, 2010

If you’re a U.S. citizen, you must pay taxes, no matter how rich or poor you are.  Celebrities, singers, actors are no exception.  In the article below, R&B singer Toni Braxton finds herself in hot water with the IRS, owing almost $400,000 in back taxes.  Whether you owe the IRS back taxes in the amount of $400,000, or significantly less, you will feel the weight of the world lifted off your
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Tax Professionals Can Help Settle IRS Back Taxes, A Better Choice Than Tax Evasion

Friday, October 22nd, 2010

Don’t act completely surprised when the IRS files a tax lien against you or your business!  If you’ve been evading taxes or hiding income, the IRS will seek you out eventually.   Avoiding taxes only leads to hefty fines and prison time.  Settling back taxes is not as daunting as it seems as long as you have a tax professional service in your corner.  Tax Resolution Services can help you settle
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Professional Tax Services Can Help You Relieve Legitimate Tax Problems

Friday, September 24th, 2010

Did you know that 1 in 6 Americans has a tax problem? That’s 26 million people in this country. If you have a tax problem – such as back taxes, unfiled (or delinquent) tax returns, a tax lien filed – you are not alone. Seeking professional tax help is the smartest step you can take because when it comes to the IRS, you don’t want to go it alone!  Tax
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Tax Humor: The IRS Eyes Are On You!

Saturday, August 28th, 2010

Most of us think that the IRS watches movie stars or politicians or people in the public eye more closely, but that is not necessarily true!  The IRS watches everyone, so don’t be surprised if – boom! – the IRS files a tax lien against you because you owe them money!  Whether you are rich and famous or a hard-working American, you must pay your fair share of taxes.  If you feel
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IRS Back Taxes Case: California Lt. Governor’s Family Settles Over $100,000 Tax Bill

Thursday, August 26th, 2010

Another case of the rich and famous owing back taxes to the IRS! In recent news, California’s lieutenant Governor, Abel Maldonado’s family paid $111,146 in back taxes to the IRS last month, after the government placed a tax lien on the business, the family farm.
The governor’s father and brother paid the back taxes sum, though stating they were doing so “under protest” as they were disputing the charge. According to the
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Unpaid Employee Withholding Taxes and Forging Release of Tax Levy Lands Ohio Man Probation and $50,000 Fine

Tuesday, August 24th, 2010

The man in the article below got busted for some serious crimes.  He is lucky that he got off with five years of probation and no jail time.  As an employer, which he was, who withheld taxes from his employees, he was obligated to turn over the employee withholding taxes to the government.  The government considers these withholding taxes as “trust” taxes, relying on the integrity of business owners to
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Taxpayers Who Receive IRS Collection Notices Must Act Quickly to Stop Debilitating Levies and Liens

Tuesday, June 29th, 2010

At Tax Resolution Services, Co., we encourage taxpayers facing IRS action to take prompt action and get expert tax relief to delay or halt intrusive IRS collection tactics, including levies on wages, assets, savings and checking accounts.
In this struggling economy, the IRS has made no secret that it intends to aggressively pursue payment of back taxes. Taxpayers who have recently received a tax collection notice; been threatened by the IRS
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Certified Tax Resolution Specialist Michael Rozbruch Has a Special Message for You!

Wednesday, January 27th, 2010

Michael Rozbruch, Certified Tax Resolution Specialist (CTRS) and a member of the American Society of IRS Problem Solvers, has a special message for you:
Whether you’d like to avoid the IRS, contact the IRS, settle with the IRS or just want to refer a friend, relative or client, I’d love to hear from you. I would be happy to provide you or that special person you refer a no-obligation confidential tax
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Back Taxes Owed by Joe Francis of Girls Gone Wild Warrants IRS to File Tax Lien for $33 Million

Wednesday, January 13th, 2010

Owing back taxes to the IRS won’t go unnoticed, even if you are infamous with millions in your bank account.  The IRS makes no exceptions and sooner or later, if you owe back taxes, you will be hit with an IRS tax lien.  IRS tax liens are no fun and are inescapable by hiding in your house and watching “Girls Gone Wild” videos!  IRS tax liens are public records and show up
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Tax Lien Filed Against Backstreet Boy, Aaron Carter Owes $1M to IRS

Wednesday, December 2nd, 2009

No amount of singing or dancing can get you out of a tax lien filed by the IRS.  When the IRS files a tax lien, it means that you owe taxes, usually a lot of taxes.  Tax liens are no laughing matter – they can tie up your personal property and real estate, make it impossible to get financing for a car or home and, for celebrities, possibly the most embarrassing part of having a tax lien filed
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Taxpayers’ Ability to Appeal Federal Liens and Get Tax Help Jeopardized by IRS Violation of Tax Lien Notification Requirements

Tuesday, June 30th, 2009

A recent report released by Treasury Inspector General for Tax Administration (TIGTA) found that taxpayers may be getting their statutory rights violated by the IRS’s improper adherence to tax lien notification requirements. The report released on June 25 revealed that the IRS failed to take the necessary actions when notifying taxpayers and their tax representatives of liens. Procedurally, the IRS is required to mail written notification of the lien to
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Income Tax Relief for Taxpayers: Reduce Your IRS Debt by Qualifying for Offer in Compromise

Tuesday, June 9th, 2009

The IRS is the worst institution for taxpayers to owe money to. And no one should take comfort in knowing that the IRS clerks working for $9.75-$10.25 an hour have people’s financial fates in their hands, and by them flipping a switch, can generate a tax lien notice or a levy notice to any bank or employer. When I was on the LA Talk Radio show with TJ McCormack
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Ask the Tax Resolution Expert: When Does the IRS 10 Year Collection Statute Expiration Date Begin?

Thursday, April 30th, 2009

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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