Posts Tagged ‘tax liens’

Singer Kelis Pays Down Huge Tax Debt

Wednesday, November 13th, 2013

It’s great to report on celebrities who do a great job paying off their massive tax debt. Case in point: singer-songwriter Kelis Rogers, better known simply as Kelis who is paying down her enormous tax debt to the Internal Revenue Service and to the states of New York and California.

As first reported by TMZ, Kelis owed $741,027.59 in back taxes. She has since cut that debt in half,
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After Shutdown, Tax Collections Still Are a Priority

Wednesday, November 6th, 2013

For 16 days, the government shut down effectively halted tax enforcement and collections. Now that the IRS is running at full steam again, should you be concerned?
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The government shutdown from October 1 to October 16 closed not only the most critical U.S. government offices; it also furloughed the most essential federal employees. For 16 days, the business of tax collections: analyzing returns, auditing taxpayers, and filing tax liens, effectively
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Willie Nelson and IRS Tax Liens Over Twenty Years Ago

Tuesday, September 24th, 2013

Today, I was reminded that it’s been over twenty years since Willie Nelson lost nearly all his possessions to IRS tax liens. Country music news website, The Boot featured an article titled: “23 Years Ago: IRS Places Liens on Willie Nelson’s Property for Back Taxes” that highlights the entertainer’s challenges with the IRS beginning on Sept. 21, 1990, when IRS placed $16.7 million in tax liens on his property. Here
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Tax Relief News in Review-Celebrity Tax Stories

Friday, September 6th, 2013

Happy Friday!
On this short holiday week, the tax news we featured mainly centered on celebrity tax stories. Here is a recap of what we featured:
Tax Problems-Michael Jackson Estate Gets Assessed by IRS – It appears that the estate of the late Michael Jackson and the IRS are engaged in a dispute over how much the estate of the “King of Pop” is really worth. An NBC News Business article
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Tax Relief Weekly News Round Up

Friday, August 23rd, 2013

Happy Friday!
This week we featured tax relief stories about the following subjects: how tax resolution can help struggling taxpayers, turning financial failures into success, ways to pay off a large tax debt. We also covered stories about tax evasion, filing false tax liens and tax fraud.
Here’s the tax news recap:
The post How Tax Resolution Services Helps People Find Tax Relief was inspired by a video interview I had in February
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Three Californians Indicted for False Tax Liens and Fraud

Thursday, August 22nd, 2013

The Imperial Valley News (IVN) recently published an article titled: “California Residents Indicted for Filing False Tax Liens Against IRS Employees and Tax Fraud” highlighting an incredible story of three brazen and foolish people who thought they could outsmart the IRS. According to IVN, the Justice Department announced the unsealing of a superseding indictment that charged three Placerville, California residents: Teresa Marie Marty, Charles Tingler and Victoria Tingler, with conspiracy
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Even Real Housewives Get Tax Bills

Wednesday, August 7th, 2013

The IRS files 1 million tax liens every year. Is yours on its way?
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Unless you’re a fan of bad TV, you’ve likely never heard of her.
She’s Lynne Curtin, a Capistrano Beach, California, woman who’s best known for having spent two seasons on the cast of the reality show Real Housewives of Orange County.
She’s not a huge celebrity. In fact, with so many people on reality TV shows these days, you
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Tax Cheats Beware: IRS Investigations Are Up

Monday, June 3rd, 2013

Enforcement is up significantly at the Internal Revenue Service, which is very bad news for anyone cheating on their taxes.
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The numbers are up.
Way up.
In fiscal year 2012, the Internal Revenue Service launched 5,125 investigations, recommended 3,701 prosecutions, and convicted 2,634 on tax charges, according to the annual report from IRS Criminal Investigation.
All of those numbers are up significantly over the previous year.
“This annual report showcases some of the many significant
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Actor Chris Tucker Pays Nearly $1 Million toward Tax Debt

Thursday, May 30th, 2013

It appears actor and comedian, Chris Tucker is taking a bite out of his huge $12 million dollar tax debt. According to a TMZ.com article titled: “Chris Tucker’s Tax Debt – $1,000,000 Down, 12 More to Go!“, it seems that the actor recently wrote checks totaling $985.028.98 to pay off two Georgia state tax liens: one for $592,594.82 for tax year 2007 and $392,332.16 for tax year 2006.
We reported in
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Tax Resolution Services-Weekly News Round-Up

Friday, February 15th, 2013

This week’s tax topics ranged from tax evasion cases to getting tax relief with the IRS Offer in Compromise Program. Here are highlights from the ones covered on the Tax Resolution University Blog:
Tax Evasion

Nancy Armienti, 59, of Elmer, New Jersey, admitted to evading federal income taxes in 2008 on nearly $700,000 in income she took from her former employee of Atlantic County Concrete and Material Company. Armienti created false
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2013 IRS Report-Increased Collection over Last Decade

Wednesday, February 13th, 2013

The 2013 IRS Update courtesy of Robert Mackenzie at Arnstein and Lehr LLP was released this January. This report covers the most recent IRS (2011) statistics on topics related to tax resolution issues.  I was especially intrigued by the report’s statistics and information over the previous decade including yearly comparisons of IRS levies, tax liens and IRS seizures from years 2001 – 2011. Here is an example of how these
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TaxMan Episode Defines Installment Agreement Process

Friday, January 11th, 2013

The New Year is a great time to get a fresh start with financial issues specifically tax debt problems that can only get worse if ignored. I created the national network television show, TaxMan to show folks struggling with IRS debt the entire tax problem resolution process; from soup to nuts.
This episode of TaxMan focuses on the “resolution” phase and introduces a valued member of the Tax Team, Installment Agreement
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Offer in Compromise Changes Show Higher Acceptance Rates

Wednesday, January 9th, 2013

Positive changes to the Offer in Compromise Program (OIC) have resulted in an increase in acceptance rates according to a recent article by the American Institute of Certified Public Accountants (AICPA) outlining the new Offer in Compromise guidelines.
The AICPA article titled: Significant Changes to the Offer in Compromise Program reports these changes to be a result of the expansion of the Fresh Start initiative first announced in 2011 by former
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Weekly Tax Relief News Round-Up

Friday, December 14th, 2012

Happy Friday! Here is a recap of some of the tax relief news reported on this week.
Tax Liens and Levies – I am proud to announce the release of the 14th episode of my national network television show, Tax Man. This episode was designed to feature many different tax topics so that people in trouble will have a reference and better understanding of what to do when tax problems occur. The
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New TaxMan Episode Explains Tax Liens and Levies

Thursday, December 13th, 2012

The TaxMan TV series began as a way to explain IRS practices and tax relief solutions so those who need tax help can understand there is a solution to their tax debt issue. With statistics that show 26 million taxpayers facing tax problems in this country, an easy-to-understand video resource library explaining IRS protocols, seemed necessary. Thankfully, what started as an idea over a year ago has now grown to
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