Posts Tagged ‘tax problems’

IRS Prepared Tax Returns: Are They a Good Idea?

Thursday, May 9th, 2013

Recently, I have been asked for my thoughts on the IRS’ proposal to pre-filled tax returns. Under a proposed system, the IRS would pre-fill taxpayers’ returns with the data employers and financial institutions have already reported. I came across a Forbes article titled: “Are IRS Prepared Tax Returns the Solution to our Tax Woes?“ that presented a decent overview of what such a system would mean for taxpayers, tax preparers and
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For Those With Tax Debt, Solutions Are Available

Thursday, May 9th, 2013

If you have tax troubles that haven’t been addressed, it’s time for you to see a tax professional and get to know your options.
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I remember his face, clear as day.
Panicked — that’s the only word to describe it.
I shook his hand; it was a clammy. He was nervous.
For the sake of this column, I’ll call him Bill. At the time, he was my newest client.
Bill was holding a copy of
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Tax Expert Suggests Avoiding These Common Tax Mistakes

Friday, April 12th, 2013

Happy Friday! Countdown to tax day: 4 days
Last minute tax filers take note: the most common reasons for refund delays are because of preventable mistakes on the tax return. I thought information from this previous post and interview archive from the Midday Sunday Fox 11 with host Tony Valdez program could provide some help for those still scrambling to finish their tax returns. The trick to avoiding errors on your
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IRS Reports Some High Income Taxpayers Pay No Tax

Monday, April 8th, 2013

I came across an interesting Fiscal Times article titled: “High Income, No Taxes: How Big Money Beats the IRS“. The article highlights an IRS report written by economist Justin Bryan that provides comprehensive data on the number of taxpayers who make more than $200,000 and pay zero income taxes.
The report contains detailed data and summary data for the period 1977 to 2008 as well as charts and graphs of almost 4
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Tax Resolution Services – Weekly Tax News Round-Up

Friday, April 5th, 2013

Just ten days until April 15! On the run up to tax day, we do our best to provide tax relief tips for last minute taxpayers. The tax news topics covered this week include: the annual IRS Data Book release, the official release of the 2013 IRS Dirty Dozen List, a little tax relief humor at Uncle Sam’s expense, tips on filing and tax payments.
Tax Help Tips on Filing and
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Tax Resolution Services Weekly Tax Relief News Round-Up

Friday, March 29th, 2013

Reminder: 18 days left until Tax Day!
Here’s a review of the tax relief news covered this week. Featured topics include: IRS releases 2013 Dirty Dozen Tax Scam/Scheme List, businessmen guilty of tax evasion and filing false returns, IRS apologies for expensive Star Trek training video and hiring a tax professional versus tax preparation software.
IRS Releases 2013 Dirty Dozen Tax Scam-Scheme List – as well as a video to remind taxpayers
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$917 Million in Refunds for Unfiled 2009 Tax Returns

Monday, March 18th, 2013

The IRS issued a press release late last week indicating an estimated 984,400 taxpayers who did not file a tax return in 2009, are entitled to a slice of $917 million in tax refunds! The IRS estimates that half the potential refunds for 2009 are more than $500.
There is a catch though. To collect the 2009 refund, a return must be filed, properly addressed, mailed and postmarked to the IRS
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Eliminating Joint Tax Filing Could Help Innocent Spouses

Monday, March 11th, 2013

A Forbes article by contributor Peter J. Reilly titled “Time to Eliminate Joint Filing?“ proposes whether joint filing is really beneficial to couples. In recent years, Reilly has come to think that joint returns for married couples are not such a great idea especially at a time when the federal government is deciding its definition is of marriage through the Defense of Marriage Act (DOMA). Other reasons for doing away with
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Tax Resolution Services Weekly News Round-Up

Friday, March 8th, 2013

Happy Friday! Just a reminder: there are just over four weeks left until Tax Day! Right now we will round-up this week’s tax relief news. The topics include: Offshore Tax Enforcement, Snoop Dog slapped with a tax lien, a massive tax fraud/shelter scheme, two TaxMan episodes featuring yours truly, and taking care of your IRS tax debt before Tax Day.

Un-Reported Offshore Bank Accounts
I wrote a post titled “Fed’s Still
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Tax Day Is Coming. Are You Ready?

Monday, March 4th, 2013

If you are in tax debt and worried about your future, it’s time to see a professional.
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It’s coming — next month.
The dreaded Tax Day.
For some, it’s the worst day on the calendar.
Why?
Because they have tax debt.
Or they are under government scrutiny.
Or they are cheating — perhaps they prefer the term fudging? — their taxes and are concerned about getting caught.
Are you one of these U.S. consumers?
If so, you have reason
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Tax Changes to Know before Filing a 2012 Tax Return

Thursday, February 28th, 2013

An article by Forbes titled “11 Changes You Must Know Before Filing Your Tax Return for 2012” reminds us that the recent changes to the tax code could affect many of us and our wallets this tax season. Here are eleven important changes that the article highlights:

Payroll Tax Credit for Self-Employed Taxpayers
W-2 Forms Changed This Year Due to the Affordable Care Act (ACA)
2010 Roth Conversions May Be Subject to Tax
Tax
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Tax Resolution Services-The Story of Michael Rozbruch

Monday, February 25th, 2013

This episode of the national network television show, TaxMan highlights the story of yours truly, Michael Rozbruch. I thought consumers out there should get to know me a little bit and understand my background. I also wanted to convey my reasons for wanting to resolve people’s tax problems and why I started Tax Resolution Services, Co. fifteen years ago and have never looked back. (Below the video are some main
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Tax Resolution Services Co. Client Saves Nearly $40,000

Thursday, February 7th, 2013

Roughly 210 million IRS notices will go out this year alone to taxpayers. Many of the recipients already know they have IRS tax debt, and the notice only confirms their worst fears: they are deep in tax debt to Uncle Sam and don’t know where to turn.
Fortunately, we can provide tax relief for taxpayers who find themselves stuck in that situation with the IRS. We recently received a testimonial from
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New Tax Resolution Services Customer Success Commercial

Tuesday, January 22nd, 2013

Being able to help people resolve their tax problems is the reason I enjoy coming to work every day. I especially enjoy sharing real client success stories because it shows that good people sometimes fall on hard times and have tax issues with the IRS. It also proves that there’s a solution to every tax problem if clients find the right representation.
A new commercial for The Blaze TV highlights former clients
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IRS Question Corner: How Do I Get Tax Relief?

Tuesday, January 22nd, 2013

Question: The New Year is here, and that means a new tax year. And, boy, am I in trouble! Problem is, I don’t know quite how deep my tax troubles go. I’m pretty sure I owe far more in back taxes than I can pay — but I haven’t wanted to deal with it. What can I do? Is it too late?

Answer: I’m very sorry to hear about your
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