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
[Read More]

Should you be afraid of an IRS audit?  The answer is yes.  More than 50% of the referrals that the Criminal Investigation Division (CID) gets are from the IRS Revenue Agent that conducts the audit interviews.  IRS audits are there to keep the innocent on track and to expose those that are not so innocent, from small time tax cheats to big time tax evasion like in the article below.
Clarissa
[Read More]

In some cases of tax evasion where a couple is involved, one person in the couple may qualify for Innocent Spouse tax relief.  That’s when one person of the couple has no idea that the spouse (or ex-spouse) is scamming the IRS.  Qualifying for Innocent Spouse relief means that the innocent party will not be liable to pay back the taxes, interest or penalties incurred by the guilty spouse.  As
[Read More]

The IRS files a tax lien against people who owe IRS taxes.  Having a tax lien filed against you is serious business.  Why?  Because tax liens are public records.  Public records show up on your credit report often making it difficult or impossible for a consumer to obtain financing on a car or home.  They can also tie up personal property or real estate.  And, if you are famous, tax liens can put
[Read More]

Ian Prout, 38, of Essex, Conn., was sentenced to three months in prison, to be followed by one year of supervised release, for failing to report more than $250,000 in income on his federal tax returns between 2005 and 2007.
According to court records, Prout was a self-employed race car specialist. Typically, Prout rented the facilities for the weekend and was paid to teach high-performance car owners how to drive and
[Read More]

Tax debt can be a huge burden and scary to face.  Many people do not know that the IRS has options for those who may not be able to pay off their tax debt.  One of these option available to qualifying taxpayers is called the Offer in Compromise program.  One of my tax relief clients asked about the Offer in Compromise program (see question below) and I believe that explaining the
[Read More]

At Tax Resolution Services, we want to emphasize that we do not condone illegal tax behavior.  We take pride in finding affordable tax relief for individuals and corporations who find themselves in tax trouble with the IRS.  Some of the tax relief services we provide are for those who need to settle back taxes, are involved in an IRS audit, need to resolve payroll tax problems, or need to set up
[Read More]

The lady in the article below created her own payroll tax problems.  As a manager for an office, she abused her position by under reporting her taxable income and she will soon pay the price as she faces the IRS in court.  If you are in a position in a company that allows you to make the payroll tax decisions, we hope that you are making the right decision.  It
[Read More]

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
[Read More]

Trick or Treat!  Make 2011 a “treat” this year by seeking tax relief before the IRS seeks you!  Tax Resolution Services has helped thousands find tax relief - browse our testimonials of tax clients who have found tax relief and will laugh at this comic, not shrink in fear!  Happy Halloween from Tax Resolution Services - (888) 699-7630!

An IRS audit is anything but funny.  If you’ve been summoned for an IRS audit, I highly recommend obtaining professional tax representation!  At Tax Resolution Services we go into the IRS audit with the goal of obtaining a “No Change” letter (if appropriate) or make certain, that if there is additional tax to be assessed, that is the lowest amount under law.  As the old adage goes, you only have one
[Read More]

As a Certified Tax Resolution Specialist, one thing I know for certain, is that if you try to cheat the IRS, you will not win.  You may get away with it for a few years, but the IRS will catch up to you!  The IRS is serious about enforcing collection of back taxes, interest and penalties, with a $5.5 billion budget from Congress to enforce tax collection, so just know that
[Read More]

Did you know that 1 in 6 Americans has a tax problem?  That’s 26 million people in this country.  At Tax Resolution Services, we get inquiries everyday from people who owe more back taxes than they can afford to pay back and they want to know how they can resolve back taxes without going broke.  Our team of tax professionals often advises that the IRS Offer in Compromise program may
[Read More]

Are you being audited by the IRS?  If so, you should be scared!  And you should be seeking professional tax help. Period!  In the tax audit, the way you answer the 54 questions the tax auditor is asking you may dictate your fate!  Don’t face the IRS alone – be prepared with a tax professional in your corner!  Tax Resolution Services will help you through a tax audit but we
[Read More]

Are you hiring an accountant to help you evade taxes?  If so, bad move!  When you sign your tax form, it doesn’t matter who prepared them – you are fully responsible.  Need solid tax advice on how to resolve your back taxes or other IRS problems?  Or tax relief services?  Hire a tax professional – such as a tax attorney, tax accountant or Certified Tax Resolution Specialist – all of which
[Read More]