Posts Tagged ‘tax settlement’

Latest in Celebrity Tax Woes: Lamar Odom Takes on Taxman Without Representation

Thursday, November 11th, 2010

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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TRS Gets Bi-Coastal Visibility: Lighting Up Vegas and Taking Over Manhattan!

Tuesday, November 9th, 2010

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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AOL Daily Finance: How To Protect Yourself From Tax Relief Scams

Monday, November 1st, 2010

What’s worse than having IRS tax problems? How about ending up with even more tax problems and less money? As horrific as this scenario sounds, it happens to more average taxpayers every day as tax relief companies are actually scamming distressed taxpayers instead of helping them.
I was recently quoted in an AOL Daily Finance article: “Have Tax Problems? A Tax-Relief Firm May Only Add to Them” by Sheryl Nance-Nash about
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Tax Help From CPA in 1968 Olds 4-4-2 Burnout: How to “Man Up” to Your IRS Problems!

Monday, September 20th, 2010

Tax help tip of today: BE A MAN!
What do I mean? Aside from the fact that “Be a Man” was my first advertisement tagline when I first started Tax Resolution Services, I can tell you that being a man involves much more than driving a muscle car. Though it was a lot fun for me to peel out of my Encino tax relief office in my 1968 Oldsmobile 4-4-2 (which
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Do You Owe Back Taxes? Are Under Audit? Don’t Hide from the IRS Anymore, Get Tax Relief Now!

Sunday, September 12th, 2010

Our friend, lawyer and nationally recognized radio host, Bill Handel doesn’t mess with two people – the IRS and his wife! He admits he’d rather have his wife come after him than the IRS. If you owe back taxes, you wouldn’t want to take your chances with the IRS! Check out the video below, where Bill offers excellent tax advice to thousands of listeners on his radio show Handel on
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Tax Help News: Seven Deadly Sins of Tax Relief Revealed: Critical Errors to Avoid in the IRS Offer in Compromise Process

Tuesday, August 24th, 2010

If you are applying for tax relief through the IRS Offer in Compromise settlement program, there are Seven Deadly Sins that you must avoid committing to successfully resolve your IRS problems. Find out how to protect yourself from committing these deadly sins so you can successfully get out of back taxes Purgatory to achieve tax relief salvation.
While the IRS is more determined than ever to enforce collection activity for back
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Tax Resolution Services, Co. Works With Bill Handel to Offer Expert Tax Advice

Wednesday, August 18th, 2010

Tax Resolution Services, Co. has been endorsed by well-respected public figures such as Bill Handel for a while now. Bill, a nationally respected attorney and talk show host, offers expert legal advice for common legal problems in an easy to understand way on his talk show Handel on the Law. We have featured Bill several times on our blog and have collaborated to help educate taxpayers on their tax resolution
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Tax Resolution Services, Co., Saves Client $48,000 With IRS Offer in Compromise Tax Settlement

Friday, July 30th, 2010

Taxpayers seeking tax relief from back taxes owed to the IRS have several avenues to pursue, but perhaps the most appealing is the Offer in Compromise tax settlement program. The concept is simple: A properly negotiated Offer in Compromise allows a taxpayer to settle tax debts in full for less than the amount owed, without consequences to credit rating.
One of our clients, John P. from Brooklyn, NY owed the IRS
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Tax Resolution Services, Co., Helps Taxpayer Resolve $35,000 in IRS Back Taxes

Thursday, June 24th, 2010

At Tax Resolution Services we recently helped a taxpayer from Colorado reduce his back taxes by over 90% by qualifying for an Offer in Compromise tax settlement.
Taxpayers who owe back taxes to the IRS can take advantage of the Offer in Compromise program created by the government to offer tax relief to those who owe a significant amount of money for a variety of reasons (including failed business, medical expenses,
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Six Tips If You Receive an IRS Tax Collection Notice to Collect Back Taxes

Wednesday, June 23rd, 2010

The Internal Revenue Service will be mailing tax collection notices this month to collect back taxes. If you get one of these IRS tax collection notices, you will need to take action quickly with the help of a tax attorney or Certified Tax Resolution Specialist in order to protect yourself, your loved ones, your assets and your job.
If you get one of those terrifying IRS tax collection notices to collect
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UBS To Disclose Offshore Account Holders Details to IRS: Act NOW to Reduce Severe Penalties

Friday, June 18th, 2010

This week the Swiss parliament accepted a treaty with the United States, agreeing the terms which would have UBS, Switzerland’s largest bank, disclose the names of 4,450 American account holders suspected of tax evasion to the IRS. This decision comes after a three year battle between U.S. tax authorities, the IRS and the Swiss bank over the bank’s involvement in allowing American clients to cheat the tax system by hiding
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Tax Resolution Services, Co., Helps Taxpayer Resolve $150K in Back Taxes and Receive IRS Refund

Friday, May 21st, 2010

Tax Resolution Services, Co., (TRS) recently helped Eddie S. from Los Angeles, CA, who owed over $150,000 in back taxes, interest, and penalties permanently settle his IRS debt. With our help, Eddie had over $75,031 in penalties forgiven and received a refund from the IRS for more than $84,000 on interest paid!
There are 148 different types of penalties that the IRS can hit you (as a taxpayer) with. Fortunately, you
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IRS Tax Relief Options: What To Do If You Can’t Pay Your Taxes

Friday, April 30th, 2010

With the April 15th tax filing deadline already passed, what can you do if you’re one of thousands of taxpayers who just don’t have the cash to pay Uncle Sam?
The good news is, there are still IRS tax relief options for you if you did not pay two weeks ago. According to a  MarketWatch article, your best bet is to still file your tax return even if you don’t have
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IRS Relief News: What Americans With Back Taxes Need to Know About Reaching Out to the IRS for Tax Help

Wednesday, April 21st, 2010

IRS Commissioner Douglas Shulman recently announced that IRS agents would have more flexibility to reach settlements with taxpayers who have fallen on hard times. However, struggling taxpayers who turn to the IRS online payment service or toll-free Tax Help Line for IRS tax help may be putting their financial future at risk.
When you attempt to handle your tax problems over the phone with help from IRS agents, you’re essentially putting
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Tax Help News: Who Does the IRS Turn to For Help With Resolving Tax Problems?

Monday, April 19th, 2010

Most of the time, we hear stories about taxpayers seeking tax help from tax relief experts, but who does the IRS turn to when it comes to resolving tax problems?
Recently our team at Tax Resolution Services received a cold call from a taxpayer in IRS trouble. It turns out, the taxpayer was referred to our expert team of tax attorneys, CPAs, and Certified Tax Resolution Specialists by her daughter, who
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