Posts Tagged ‘tax liens’
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
Tags: audit, income tax relief, IRS enforcement, IRS levies, Offer in Compromise, tax debt, tax evasion, tax fraud, tax liens, tax resolution, Tax Resolution University blog, tax settlement, TaxMan
Posted in 365 Ways to Keep the IRS at Bay, IRS tax audit, Offers in Compromise, TAX MAN TV, Tax Client of the Month, Tax Liens and Levies, Tax Relief News, Tax news and tips, income tax relief, tax resolution | No Comments »
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
Tags: certified tax resolution specialist, IRS Collection Appeal, IRS Criminal Investigation, IRS debt, IRS levies, IRS payment plan, IRS seizures, IRS tax issues, tax attorney, tax liens, Taxpayer Advocate
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS payment plan, Tax Liens and Levies, Tax Relief News, Tax news and tips, Taxpayer Advocate, income tax relief, tax resolution | 1 Comment »
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
Tags: Back Taxes, Installment Agreement, IRS audits, IRS levy, IRS tax settlement, Michael Rozbruch, Offer in Compromise, tax debt, tax liens, TaxMan
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS tax audit, Offers in Compromise, TAX MAN TV, Tax Liens and Levies, Tax Resolution Options and Alternatives, Tax news and tips, income tax relief, tax resolution | No Comments »
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
Tags: certified tax resolution specialist, Installment Agreement, IRS tax debt, IRS tax issues, IRS tax problems, IRS tax settlement, Offer in Compromise, tax attorney, tax liens, tax relief
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, IRS Installment Agreements, Offers in Compromise, Tax Relief News, Tax news and tips, tax help, tax resolution | No Comments »
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
Tags: back tax debt, celebrity tax issues, IRS audit, IRS tax problems, tax levies, tax liens, tax relief, TaxMan, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Celebrity Tax Woes, Filing Unfiled Returns and Replacing Substitute for Ret, IRS tax audit, TAX MAN TV, Tax Liens and Levies, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
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
Tags: Back Taxes, certified tax resolution specialist, IRS lien, IRS tax problems, Michael Rozbruch, tax attorney, tax levies, tax liens, tax relief, TaxMan, TaxMan TV Show
Posted in Tax Problem FAQs | No Comments »
Friday, October 26th, 2012
Happy Friday! Here’s a look at tax relief news headlines we reported on this week:
Tax Scams and Schemes
Tax scams, tax schemes and identity theft are plaguing the IRS and taxpayers alike. This week’s tax scam warning advises taxpayers to lookout for an e-mail that appears to come from the IRS focused on confirming the EIN#’s of S and C-Corporations. Do not click on any links instead delete it entirely! Scammers
Tags: Back Taxes, Identity Theft, IRS issues, IRS payment plan, irs tax relief, Offer in Compromise, tax debt, tax evasion, tax liens, tax relief round up, tax resolution services, tax scam
Posted in 365 Ways to Keep the IRS at Bay, IRS payment plan, Identity Theft, Offers in Compromise, Tax Debt Help News, Tax Scams, Tax news and tips, tax help, tax resolution | No Comments »
Wednesday, October 24th, 2012
If you thought you could hide under the radar with your tax debt, think again. Because the government is hurting for revenue, lawmakers in Washington are getting more creative in collecting back taxes. Their latest consideration: report IRS tax debt to credit agencies. Accounting Today recently published an article titled, IRS May Report Tax Debts to Credit Bureaus that discusses the serious thought and consideration Congress has been giving this
Tags: Back Taxes, certified tax resolution specialist, IRS debt, IRS payment plan, IRS tax debt, tax debt, tax issue, tax liens, tax problems
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, IRS payment plan, Tax Liens and Levies, Tax Relief News, Tax news and tips, Taxpayer Advocate, income tax relief, tax help, tax resolution | No Comments »
Friday, September 28th, 2012
Happy Friday! Here’s a recap of the tax relief news that made headlines this week.
Celebrity Tax Issues, IRS Audits and Enforcement
It seems like there is always a celebrity in the news currently facing down the IRS or other tax authorities. This is not by accident. Since the Great Recession tax revenues have been down so to increase collections, the IRS has been going after celebrities and wealthy Americans to help
Tags: FBAR regulations, IRS audits, IRS penalties, irs tax relief, tax fraud, tax liens, tax relief, tax resolution services
Posted in 365 Ways to Keep the IRS at Bay, Celebrity Tax Woes, IRS tax audit, Tax Evasion Advice, Tax Relief News, Taxpayer Rights, income tax relief, tax help | No Comments »
Wednesday, September 26th, 2012
The IRS has been busting celebrities. But you and your neighbors aren’t safe from the taxman either.
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O.J. Simpson will be remembered for many things.
He was a football player.
He was a product spokesman and actor.
He was an accused murderer who was found not guilty in a criminal trial only to be found guilty later in a civil one.
He was an armed robber who went after sports memorabilia.
But there’s one more thing
Tags: back tax debt, celebrity tax evasion, celebrity tax problems, Celebrity Tax Woes, IRS tax liens, tax audit, tax audits, tax cheats, tax debt, tax liens, tax resolution services, tax troubles
Posted in Celebrity Tax Woes, IRS Tax Cases, IRS Times and Inquirer | No Comments »
Thursday, April 26th, 2012
News agencies were abuzz about Wednesday’s Supreme Court decision stating the IRS could not use the extended, six-year statute of limitations to collect unpaid taxes from a business, Home Concrete & Supply, LLC in a tax shelter case. Robert Wood of Forbes in his article HUGE Taxpayer Win: Supreme Court Tells IRS 3 Years to Audit Is PLENTY! believes the historic decision regarding this tax shelter case will have a
Tags: "son of boss" tax shelter, Back Taxes, certified tax resolution specialist, delinquent taxes, IRS audit, IRS audits, IRS penalties, IRS tax issues, offshore accounts, tax attorney, tax cheats, tax evasion, tax liens, tax problems, tax relief, Tax Resolution University, tax shelter, unpaid taxes
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Tax Evasion Advice, Tax Relief News, Tax news and tips, Unfiled Returns - Delinquent Tax Returns, Voluntary Disclosure, income tax relief, tax help | No Comments »
Wednesday, April 11th, 2012
Countdown to Tax Day: 6 Days
On a recent episode of the Big Biz Show, we discussed the creation of the Tax Man TV show on Biz Television that morphed out of yours truly giving tax advice as a guest on the Big Biz Show for five years.
The Tax Man Show combines my 30 plus years in the tax business including running Tax Resolution Services, Co. for 15, to gives taxpayers
Tags: Back Taxes, big biz show, certified tax resolution specialist, delinquent tax returns, delinquent taxes, IRS debt, IRS enforcement, offshore tax evasion, tax attorneys, tax debt, tax evasion, tax expert, tax levies, tax liens, tax man, tax problems, tax professional, tax relief, tax resolution, tax resolution services, Tax Tips, unfiled tax returns
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Offshore Tax Settlements, TAX MAN TV, Tax Debt Help News, Tax Liens and Levies, Tax Relief News, Tax news and tips, Taxpayer Rights, Unfiled Returns - Delinquent Tax Returns, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Wednesday, February 22nd, 2012
A Boone Count, Ky., man who evaded paying his federal income tax liability from 1995 to 2001 was sentenced today to 24 months in prison.
He was also ordered to pay approximately $2.4 million in restitution to the Internal Revenue Service.
From 1995 to 2001, William C. Shehan Jr., 45, failed to file federal income tax forms and diverted money that should have been paid in taxes into private business ventures and
Tags: Back Taxes, failure to file federal income tax, tax audit, tax debt, tax evasion, tax liability, tax liens, tax resolution services
Posted in Back Taxes, IRS Tax Cases, IRS Times and Inquirer, IRS tax audit | No Comments »
Tuesday, January 17th, 2012
The head of the Internal Revenue Service described how the tax-collecting agency will place more pressure on tax cheats and companies that facilitate cheating. It’s time for tax cheats to worry.
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The Internal Revenue Service is “turning up the pressure” on tax cheats.
Those were the exact words from IRS Commissioner Douglas H. Shulman when he spoke in December at the IRS/George Washington University 24th Annual Institute.
The IRS will direct much of the
Tags: Douglas Shulman, internal revenue service, IRS, IRS audit, offshore tax evasion, Overseas Banking, tax audit, tax cheats, tax evasion, tax liens, tax resolution services
Posted in IRS Times and Inquirer, IRS help, Tax news and tips | No Comments »
Monday, November 28th, 2011
With the holidays approaching, it’s a good time to take stock and consider your taxes and financial life — and take time to correct the mistakes.
Thanksgiving just passed, and the holiday season is now upon us.
That means the year is almost over, and with it another tax year.
You’ve been here before, many times actually. We all have. But now is the time — this is the year — to start
Tags: cheating on taxes, owe back taxes, owe taxes, tax audits, tax evasion, tax liens, tax relief services, tax resolution services, tax shelter, under reporting business income
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »