Posts Tagged ‘tax settlements’

How to Find An Attorney, CPA or Tax Relief Professional Who’s Certified as a Tax Resolution Specialist

Friday, August 14th, 2009

I’ve blogged before about how there are actually 3 persons permitted to practice before the IRS – including representing taxpayers at appeal hearings, tax audits and IRS appeals that are held administratively and in the civil arena (per IRS Circular 230). They either have to be an active licensed member of the state bar (attorney), a certified public accountant actively licensed or an enrolled agent. And no matter where they
[Read More]

Tax Resolution Services CEO Named Executive of the Year Finalist in 2009 American Business Awards

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
[Read More]

Tax Compromise Improvement Act Helps Struggling Taxpayers Enter into Offer in Compromise Agreements with IRS

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
[Read More]

IRS Offer in Compromise Helps Taxpayer in Monroe, WA Save More Than $200,000

Thursday, March 26th, 2009

Just got a nice note from a client in Monroe, Washington and wanted to share his kind words. Our team of tax relief experts was able to greatly reduce his tax debt by negotiating an offer in compromise settlement with the IRS on his behalf.
When he came to us for tax help, he owed the IRS $212,555. We worked on his behalf to negotiate a tax settlement of $2,400. The
[Read More]

Common Tax Filing Errors Cropping up on 2008 Returns Filed Early

Friday, February 13th, 2009

I received an interesting newsletter from Kiplinger with a few tax tips that I wanted to share. I also encourage you tocheck out Kiplinger for the 11 most overlooked tax deductions.

And remember, if you can’t afford to pay you taxes this year, there are options like negotiating a tax settlement or a payment plan. You can also seek professional tax help so that your account is placed under “currently not
[Read More]

In Ailing Economy, More Taxpayers Are Likely to Qualify for Offer in Compromise

Sunday, January 25th, 2009

Faced with overwhelming tax debt, more Americans than ever will be hoping to qualify for the IRS Offer in Compromise (OIC) program and save thousands of dollars in taxes, penalties and interest.
In 2007, approximately 46,000 offers were submitted to the IRS nationally and only 12,000 were accepted. This year, there will be more offers submitted this year, as well as a higher IRS acceptance rate due to the state of
[Read More]

New IRS Review Process for Home Equity Could Help Settle Disputes

Wednesday, January 14th, 2009

I was recently interviewed by  Martin Vaughan from Dow Jones News for an article he was writing about the new circumstances under which the IRS would consider Offer in Compromise settlements that it would otherwise have rejected because of a home equity issue.
Under the Offer in Compromise program, the tax collector may settle with a taxpayer for less than the full amount of taxes owed. Under previous guidelines, the IRS
[Read More]

Are you struggling to make ends meet each month? Do you owe the IRS $10,000 or more in back taxes?

Friday, October 31st, 2008

Times are tough right now for so many hard-working Americans. But if you can see this as a good opportunity to re-assess your situation and get the help you need with your IRS tax problems, then you might be able to turn your situation around for the better.
And you don’t have to take my word for it. Listen to what legal expert Bill Handel has to say about how our
[Read More]

Bingo Operators Jailed on Tax Charges

Friday, August 1st, 2008

William J. Tway and Robert J. Ford were sentenced in Boise, Idaho, for conspiracy to defraud the IRS through their operation of Big Bucks Bingo in Garden City. They were sentenced to six months in prison, to be followed by nine months of home detention, and they must also pay a fine of $30,000. Ford and Tway ran Big Bucks Bingo starting in 1996 under a provision in the state constitution that permits
[Read More]