Posts Tagged ‘tax settlement’
Friday, July 17th, 2009
The Offer in Compromise (OIC) application process has been a challenging and burdensome process for many applicants. The privilege of being approved for a OIC closely resembles receiving amnesty from the IRS; you can save thousands of dollars in back taxes, IRS tax penalties and interest.
Recently, the IRS unveiled a simplified version of the OIC application form by splitting the original form into two parts: Form 656 and Form 656-B
Tags: Back Taxes, Free Tax Consultation, i need tax help, IRS debt, IRS problem solver, Michael Rozbruch, nina olsen, Offer in Compromise, Payroll Tax Problems, Penalty Abatement, tax attorney, tax audits, tax expert, tax lawyer, tax resolution, tax settlement, Tax Tips, Taxpayer Advocate
Posted in Offers in Compromise, Penalty Abatement, Tax Debt Help News, Tax Relief News, Tax news and tips | 1 Comment »
Wednesday, July 15th, 2009
The Obama Administration has given the IRS more financial and human resources to restrict tax evasion for the next couple of years–making it more difficult for tax cheats to escape unscathed. In an effort to bridge the enormous tax gap (most of which can be attributed to underreported income–$285 billion), the U.S. Treasury is working with the IRS to accomplish a number of stricter regulatory goals that would result in
Tags: delinquent tax returns, delinquent taxes, failing to file federal tax return, IRS enforcement, IRS help, irs problems, IRS tax problems, Michael Rozbruch, stricter regulatory goals, tax expert, tax gap, tax relief, tax resolution, tax resolution expert, tax settlement, Tax Tips, Voluntary Disclosure
Posted in Tax news and tips, Voluntary Disclosure | 2 Comments »
Monday, July 13th, 2009
Keeping a consistent and clear record of your business expenditures is not only good business practice; it will also ensure you to receive the full amount of tax deductibles to which you are entitled. If you use your car for your business, it is extremely crucial for you to keep a clear record of the mileages you drive for your business each time you use it.
Recently, a self-employed individual was
Tags: business expense, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax returns, tax settlement, Tax Tips, tax-deductible
Posted in IRS Overview, Tax news and tips, tax help | 1 Comment »
Thursday, July 2nd, 2009
Check out our latest TRS IRS tax help newsletter for tax tips, IRS insider news, and income tax relief advice.
Many of our clients who retain our tax help services are interested in knowing how their life will change and when they can expect these changes to happen. In our Roadmap to Tax Resolution, we help you undertsand the process leading up to your IRS resolution - from the Free Consultation
Tags: Free Tax Consultation, i need tax help, income tax relief, IRS enforcement, IRS help, irs problems, IRS tax problems, Michael Rozbruch, tax advice, tax attorney, tax expert, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips
Posted in Tax news and tips | No Comments »
Tuesday, June 30th, 2009
A recent report released by Treasury Inspector General for Tax Administration (TIGTA) found that taxpayers may be getting their statutory rights violated by the IRS’s improper adherence to tax lien notification requirements. The report released on June 25 revealed that the IRS failed to take the necessary actions when notifying taxpayers and their tax representatives of liens. Procedurally, the IRS is required to mail written notification of the lien to
Tags: financial well-being, IRS audit, IRS debt, IRS help, IRS tax problems, lien notification, Michael Rozbruch, statutory rights, tax attorney, tax audit, tax expert, tax lien, tax relief, tax representation, tax resolution, tax settlement, Tax Tips, TIGTA
Posted in Seeking Professional Tax Help, Statutes of Limitations – Taxpayer’s rights, Tax Liens and Levies, tax help | No Comments »
Tuesday, June 23rd, 2009
When our clients retain our tax help services, the first thing they often want to know is how their life will change and when they can expect these changes to happen. Upon retaining our firm to resolve your tax debt, some of the relief will be instant and some will be over time. Remember that IRS problems don’t start overnight and consequently they can take some time to resolve.
To help
Tags: Back Taxes, delinquent tax returns, delinquent taxes, income tax relief, IRS debt, IRS help, irs problems, IRS tax problems, Michael Rozbruch, power of attorney, tax attorney, tax debt, tax expert, tax help, tax resolution, tax resolution expert, tax settlement
Posted in Tax Resolution Options and Alternatives, Tax news and tips, Working with the IRS | 1 Comment »
Thursday, June 11th, 2009
When you have decided to seek professional tax help to battle your debt with the IRS, there are many factors to seriously research and consider before handing over your financial file. I spoke with TJ McCormack last month on LA Talk Radio regarding the important indicators taxpayers need to pay attention to in order to find the best tax attorney available. After all, taxpayers are putting their financial fates in
Tags: amnesty to taxpayers hiding money overseas, better business burea, certified tax resolution specialist, irs problems, LA Talk Radio, Offer in Compromise program, tax attorney, tax debt, tax resolution, tax settlement, TJ McCormack
Posted in Tax news and tips | 5 Comments »
Wednesday, June 3rd, 2009
As a leading tax expert, I’ve helped thousands of taxpayers resolve their federal and state tax collection problems. I love what I do and helping people solve their IRS problems is already incredibly rewarding - so on top of that, it’s a real honor to be named a Finalist in the Executive of the Year category in the 2009 American Business Awards. I was also recently recognized by CPA Magazine
Tags: american business awards, Excell Personnel, IRS problem solver, irs problems, Michael Rozbruch, tax debt, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, tax settlements, the stevies
Posted in Tax news and tips | No Comments »
Thursday, May 28th, 2009
The General Motors bankruptcy may become an unthinkable reality as the company faces a Monday deadline to prove its financial viability to the federal government. The looming bankruptcy could financially cripple the community of Flint, Michigan, where GM is based.
If the company files Chapter 11, the region will be have to weather plant closings and massive layoffs. The consequences of the company’s pending bankruptcy are very complex, and will affect
Tags: Back Taxes, Bankruptcy, delinquent tax returns, Discharging Taxes in Bankruptcy, forgiveness of debt, general motors bankruptcy, income tax relief, IRS payment plan, IRS problem solver, irs problems, Michael Rozbruch, Offer in Compromise, Offers in Compromise, tax attorney, tax debt settlement, tax expert, tax help, tax resolution, tax resolution services, tax settlement
Posted in Tax news and tips, Working with the IRS | No Comments »
Friday, May 22nd, 2009
Bill Handel is a nationally syndicated talk show host who offers expert legal advice on his entertaining show Handel on the Law.
Here’s some great income tax relief advice from Bil:
Do you owe the IRS over $15,000 in back taxes or do you have unfiled tax returns? Don’t hide from the IRS!
Tax Resolution Services can help you negotiate a settlement of up to 85% of the original amount owed including
Tags: Back Taxes, bank levy, bill handel, delinquent tax returns, delinquent taxes, Handel on the Law, IRS garnish your wages, IRS levy your bank accounts, irs problems, legal advice, Michael Rozbruch, tax expert, tax help, tax help consultation, tax problems, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips, unfiled tax returns, wage garnishment
Posted in Unfiled Returns - Delinquent Tax Returns | No Comments »
Thursday, May 21st, 2009
I was just featured in CPA Magazine as one of the top 40 CPAs in the nation!
I’m really honored as I take my job very personally and it’s really great to be recognized for my work as a Certified Tax Resolution Specialist. Since 1998, I’ve helped clients with IRS problems save in excess of $40 million.
Check out the April/May 2009 issue of CPA Magazine to read about the Top
Tags: Back Taxes, certified tax resolution specialist, CPA magazine, currently not collectible, income tax relief, IRS help, IRS payment plan, irs problems, IRS tax problems, Michael Rozbruch, Offer in Compromise, tax expert, tax resolution, tax resolution expert, tax resolution services, tax settlement, Top 40 tax advisors to know during a recession
Posted in Tax news and tips | 1 Comment »
Monday, May 18th, 2009
Great news for troubled taxpayers! New legislation has been introduced to end Offer in Compromise down payments and make it easier for recession burdened taxpayers to enter into a tax settlement with the IRS.
Qualifying for the Offer in Compromise program can save taxpayers thousands of dollars in taxes, penalties and interest. Negotiating a compromise on your back tax deb is the closest thing to “amnesty” that the federal government offers
Tags: Back Taxes, delinquent tax returns, delinquent taxes, income tax relief, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, Offer in Compromise, Offers in Compromise, tax advice, tax attorney, tax compromise, tax debt, tax expert, tax resolution expert, tax resolution services, tax settlement, tax settlements
Posted in Offers in Compromise, Tax news and tips | No Comments »
Tuesday, April 21st, 2009
A recent Los Angeles Times article examined the resentment that’s brewing among Americans who feel that there is a double standard applied to delinquent taxpayers, which appears to favor powerful people like recent Cabinet nominees.
The most highly criticized nominee has been Treasury Secretary Tim Geithner, who owed $34,000 in back taxes and didn’t pay all of it until Obama nominated him.
His excuse? Geithner told the committee that he prepared his
Tags: Back Taxes, delinquent tax returns, delinquent taxes, delinquent taxpayer, doug shulman, economic stimuls, failing to file federal tax return, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, small business taxes, tax attorney, tax cheats, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips, Tom Daschle, wage garnishment
Posted in Tax news and tips | 2 Comments »
Monday, April 20th, 2009
Did you pay your taxes this year? You can run, but you can’t hide from the IRS! However, there is hope for struggling taxpayers to resolve back taxes and avoid IRS penalties!
For the millions of Americans who failed to file legally required tax returns, there’s still hope for receiving income tax relief! Even taxpayers who received an extension for filing are not granted more time for the payment of taxes
Tags: bank levy, delinquent tax returns, failure to file federal tax return, failure to file penalty, failure to pay penalty, income tax relief, IRS payment plan, IRS penalties, Michael Rozbruch, Offer in Compromise, Richard Hatch, substitute for return, tax advice, tax attorney, tax expert, tax help, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips, unfiled tax returns, wesley snipes
Posted in Tax Resolution Options and Alternatives, Tax news and tips, Working with the IRS | 5 Comments »
Thursday, April 16th, 2009
It’s the morning after April 15… Did you file your taxes?
Every year, millions of taxpayers fail to file legally required tax returns by the April 15 deadline, which can lead to more significant financial problems in the long run including huge penalties and jail time. But it’s not too late for delinquent taxpayers to resolve tax debt and avoid IRS penalties.
The longer you put off dealing with overdue taxes, the
Tags: April 15, back tax returns, Back Taxes, delinquent tax returns, failure to file, income tax relief, IRS bank levy, IRS debt, IRS help, IRS payment plan, IRS penalties, irs problems, IRS tax problems, Michael Rozbruch, Offer in Compromise, overdue taxes, tax attorney, tax audit, tax expert, tax extension, tax help, tax resolution, tax resolution expert, tax resolution services, tax settlement
Posted in Offers in Compromise, Seeking Professional Tax Help, Tax Resolution Options and Alternatives, tax help | 1 Comment »