The IRS is busy scrutinizing the hallowed halls of higher education. A recent article written by Michael McDonald of Bloomberg News, reports on IRS’ stepped up enforcement of non-profit colleges and universities across America to properly report income from all revenue streams. The American academic community is seeing first-hand the strong arm tactics of the IRS including the beloved Harvard University and the hotel it owns overlooking the Charles River.
Universities
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As a certified tax resolution specialist, I have said it many times before; it never pays to hide from the IRS. Nowhere is that more apparent than with the government crackdown on off-shore tax evaders. The creation in 2010 of Foreign Account Tax Compliance Act (FATCA) set into motion serious U.S. efforts to combat tax evasion by U.S. taxpayers with investments in offshore accounts. Not only do FATCA regulations have
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Credit Suisse Group, the second largest bank in Switzerland, announced last Tuesday, November 8 that it was handing over to the IRS the names of offshore bank account holders suspected of tax evasion. Credit Suisse, (the second Swiss bank in the last two years) caved under IRS pressure to collect from financial institutions signifying, quite possibly, the beginning of the end of tax shelters.
Given the aggressive nature of US tax
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On his new channel, GBTV, multi-media personality Glenn Beck gives a rousing “thumbs up” to Tax Resolution Services as the best firm in the business to settle back tax issues. Beck, no fan of the IRS and never shy to share his opinion, concludes that the IRS is the most brutal collection agency on the planet. They can shut your business down without a court order.

Glenn Beck’s main points include:

You
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With states scrambling to generate more revenue to balance their budgets, California Governor Jerry Brown upped the ante by signing a bill on October 4th, 2011 that aggressively goes after the state’s top tax delinquent citizens by denying their driver’s license and publishing their names for public view.
Celebrities are not above the Hall of Shame —the state’s list of top tax debtors include  Halsey Minor, one of the founders
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These are challenging financial times for many people. What makes this economic recession so unique is that it has gone on for so long and transcended so many income levels. In it’s wake, it has left an increasing number of consumers more financially vulnerable than ever before. These tax distressed individuals, fearful and often not sure what to do have avoided delinquent tax issues and are finding themselves on the
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The US economy has been slow to recover from the recession, and as a result, many American homeowners have lost their jobs and are unable to find new employment. These same folks, some out of work indefinitely, are struggling to pay their bills and keep a roof over their head. Households who find themselves this far underwater and unable to pay their mortgage may feel forced to consider home foreclosure
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In less than a month after the voluntary offshore bank declaration amnesty deadline expired, the results are showing that tax collection efforts from once elusive off-shore account holders appears to be working. A recent Reuters News Article – America’s Rich Losing Tussle with Taxman dated September 30, revealed that since 2008, the IRS has been successful at cracking down on off-shore tax shelters and going after Swiss banks (initially) and
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I contributed to a recent article written by Tax Analysts Document Service regarding the unscrupulous practices of some tax negotiation-resolution firms (the article was called Tax Debt Representation Industry Continues to Operate in the Shadows).  I talked about the reality that some tax resolution firms  have negatively affected not only vulnerable taxpayers but also damaged the reputation of the viable tax debt representation industry and set the Federal Trade Commission
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“When Bad Things Happen to Good People” is an appropriate title for the recent episode of Business Day TV with Terry Bradshaw featuring an interview with the leaders of Tax Resolution Services, Co.

This special episode acknowledges the poor economic realities currently facing many Americans, some for the first time and often through no fault of their own. Negative life altering events such as job loss, death of a loved one
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I blog about tax evasion cases almost daily on my tax blog!  Why, you may ask?  Because I am trying to highlight that no matter how rich, or how poor, how famous, or non-famous, someone is does not matter to the IRS.  The IRS wants their taxes and they will come after you, if not today, than some time in the future.  Who wants to live constantly looking over their
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This week, BusinessWeek reported that AstraZeneca, a U.K. pharmaceutical giant, agreed to settle a U.S. tax dispute and as a result raised its profit target for this year. This is great news not only from a consumer’s point of view, showing that settling back taxes and IRS debt not only brings much needed tax relief, but as a corporation, settling tax issues can reflect positively throughout your business.
AstraZeneca is reported to
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Every month Tax Resolution Services chooses 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 Barbara K.
Barbara owed the California Franchise Tax Board $7,400 for the year of 1995 when she sought our help. Our negotiations and advocacy resulted in the FTB
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This just in: Los Angeles Lakers’ forward Lamar Odom is suing the IRS for over $87,000 in tax bills from 2007–by himself.
According to Forbes, the 6-foot-10 NBA star is contesting the IRS for disallowing him to deduct $12,000 in sports fines and another $178,000 spent getting himself into shape in 2007. In a letter to the IRS, Odom wrote in the third person that “the taxpayer claimed $12,000 of employee
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Check it out: Tax Resolution Services lights up the big screen in Las Vegas and Times Square!
As a dedicated national tax resolution firm, our TRS team is very excited to share footage of some of our latest public exposures.
You can see our TRS logo lit up on the Fashion Show Mall billboard in Las Vegas:
TRS also enjoys high visibility in one of the most popular spots on Earth–Times Square, New
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