At Tax Resolution Services, we help individuals and small businesses find a solution for their IRS tax problems. For a small business owner, this means not only spelling out the resolution process, but also the assessment and prevention of future tax issues down the road. It cannot be said enough that sound legal and financial advice helps to streamline operations and is key to small business success both in good
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A Blackwood, N.J., man was sentenced to 33 months in prison for defrauding the United States by filing tax returns with the IRS with false, fictitious and fraudulent information. Jose Adames, 32, was convicted following an eight-day trial. His wife, Angelita Adames, 34, who previously pleaded guilty to the same indictment, is scheduled to be sentenced.
Jose and Angelita Adames negotiated 102 tax refund checks totaling $668,298.73 at a Camden check
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After pleading guilty to failure to pay employment taxes, Gene R. Wendt, 56, Rhinelander, Wis., was sentenced to nine months in prison and fined $10,000.
From 2004 to 2008, Wendt owned and operated Crown Point Classics, a business in Hazelhurst, Wis., that restored antique cars and boats.
As the owner of the business, Wendt was responsible for collecting, accounting for, and paying over employment taxes withheld from the wages of CPC employees.
A
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Following a three-day trial, Douglas M. Cavanaugh, Jr., 45, formerly of Binghamton, N.Y., was convicted of six counts of filing false claims for tax refunds from the Internal Revenue Service.
Cavanaugh was arrested at Los Angeles International Airport shortly after he arrived on a flight from Australia, where he resided. Evidence presented during the trial showed that Cavanaugh knowingly made and presented to the IRS six claims for payments of refunds
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Question: I’ve been struggling with IRS debt for a couple of years now. How do I know whether the Offer in Compromise or Installment Agreement is the right program for me?

Answer: Ultimately you’ll need to consult in person with a qualified tax professional to find out exactly whether the Offer in Compromise or Installment Agreement is right for you, but it might help if you understand each program and
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Richard Werdiger, a former client of Swiss bank UBS, was sentenced to one year and one day in prison for conspiring to defraud the Internal Revenue Service. He had hid more than $7.1 million at UBS and evaded nearly $400,000 of taxes.
Werdiger pleaded guilty in March 2011 and agreed to pay a civil penalty of more than $3.8 million for his failure to report his overseas accounts to the IRS.
From
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Hope this tax comic will make you smile. Happy Friday from Tax Resolution Services!

Every month we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Larry B.
Mr. Larry B. owed the IRS over $179,000.00 when he contacted our office. Our negotiations and advocacy resulted in the Franchise Tax Board accepting
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A woman in Denver who operated a prostitution business was sentenced to time served, followed by two years of supervised release, for tax evasion in connection to her illegal business.
According to the plea agreement, in approximately May 2005, Brenda L. Stewart, 36, agreed to purchase a prostitution business in which she was employed, known as Denver Sugar and Denver Players.
Stewart created an entity called Phoenix Media and Consulting, LLC. This entity
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Bow Wow, a 24-year-old rapper whose real name is Shad Gregory Moss, owes the Internal Revenue Service nearly $100,000.
According to TMZ, the federal government filed a tax lien against Bow Wow in Florida for $91,105.61 in unpaid taxes from the year 2006.
Formerly known by the stage name Lil’ Bow Wow, the rapper released his first album, Beware of Dog, at age 13. He has also appeared in a number of
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Karen St. Pierre, of Barrington, R.I., pleaded guilty to one count of willfully filing a false individual tax return.
According to court documents, St. Pierre owned and operated the House of Windsor, a jewelry store in Newport, R.I., which in 2004 generated about $632,522 in gross receipts. On April 15, 2005, St. Pierre filed a false individual income tax return that reported, in part, that the gross receipts generated by the
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Hope all of you appreciate this tax humor as much as we do at Tax Resolution Services!

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
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A Brookline, Mass., ophthalmologist was sentenced for his failure to pay hundreds of thousands of dollars in taxes and for obstructing an IRS audit.
Mark S. Hughes, 50, received one year and a day in prison, to be followed by two years of supervised release. He was also ordered to pay a $60,000 fine. Hughes paid the IRS $1.75 million in restitution. He had pleaded guilty to tax evasion and obstruction
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Doris Ruiz, of Minneapolis, Minn., was charged with one count of conspiracy to defraud the U.S. and ten counts of failure to account for and pay over federal employment taxes. The indictment alleges that from 2005 to 2007 Ruiz diverted $152,292.44 in payroll taxes by instructing employees to stop preparing tax return forms.
Ruiz is the owner of Olen Staff Company, a temporary work agency in Minneapolis. If convicted, she faces
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